Dragonfly Energy Reports Year-End Progress and Growth in Energy Storage Sector
Dragonfly Energy Holdings Corp. reported significant progress in 2025, including improved financials, expanded OEM partnerships, and year-over-year revenue growth, highlighted by a successful commercial deployment with Werner Enterprises. The company raised approximately $90 million, reduced its debt to $19 million, and saw a 45% growth in its RV OEM business, while also entering marine and rail markets. With a strengthened financial position, Dragonfly is optimistic about continued growth in 2026, particularly in the trucking sector.
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In 2025, Dragonfly Energy Holdings Corp. improved its balance sheet, expanded its OEM partnerships, and achieved year-over-year revenue growth. The company secured a commercial deployment from Werner Enterprises for its idle-reduction power systems after a successful pilot.
Dragonfly's mission remains to innovate energy storage, particularly through Lithium-ion batteries. It raised approximately $90 million in the second half of 2025 and restructured its debt, reducing total debt to $19 million.
The company regained compliance with Nasdaq listing standards and completed a reverse stock split as a technical requirement. In Q3 2025, Dragonfly's RV OEM business grew by 45%, with significant traction among major manufacturers.
The trucking sector represents a key growth opportunity, with a focus on idle reduction solutions. Dragonfly also expanded into marine and rail markets, establishing partnerships to enhance its product reach. The company is optimistic about growth in 2026, driven by market momentum and a strengthened financial position.
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