Draganfly Inc.

DPRONASDAQIndustrials● Active

$6.53

+$0.27(+4.23%)

Market Cap$146653708

P/E Ratio—

52W High$14.4

52W Low$2.08

Avg Volume2.0M

Open$6.46

Beta2.61

Overview

Draganfly Inc. (DPRO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

DPRO · free cash flow · updated Jun 8, 2026

Core FCF metrics

DPRO · FCF · TTM · margin & CAGR

Free cash flow was −$24.8M for FY2025 (fiscal year ending 2025-12-31), down 106.5% year-over-year The FCF margin was -320.5%.

FY2025 Free Cash Flow−$24.8M▼ -106.5% YoY

Trailing 12M (TTM)−$29.3Mtrailing 4 quarters sum

FCF Margin-320.5%−$24.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

DPRO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$23.9M(1M)−$24.8M▼ 106.5%-320.5%

FY2024−$11.8M(0M)−$12.0M▲ +37.7%-182.9%

FY2023−$18.8M(0M)−$19.3M▼ 17.2%-293.9%

FY2022−$16.3M(0M)−$16.4M▲ +26.0%-216.1%

FY2021−$22.0M(0M)−$22.2M▼ 330.4%-315.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

DPRO · P/FCF · FCF yield · FCF per share

Draganfly Inc. (DPRO) reported negative free cash flow of −$0.02B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

DPRO · cash flow statement · operating / investing / financing

For FY2025, Draganfly Inc. generated −$23.9M in operating cash flow and spent 1M in capital expenditures, yielding −$24.8M in free cash flow.

Operating Activities

−$23.9M

Cash from core business operations

2025-12-31

Investing Activities

−$0.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$109.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$23.9M) − |CapEx| (1M) = FCF (−$24.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

DPRO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Draganfly Inc.YOU

DPRO

−$24.8M-106.5%-320.5%

Loss

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Draganfly Inc. (DPRO) reported free cash flow of −$24.8M for FY2025 (fiscal year ending 2025-12-31), down 106.5% year-over-year. The FCF margin was -320.5%.

Draganfly Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 9 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

DPRO free cash flow · 8 questions

Draganfly Inc. free cash flow was −$24.8M for FY2025, down 106.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$29.3M.

DPRO free cash flowDPRO FCFDPRO FCF 2025DPRO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Draganfly Inc. · Draganfly Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026