Dragonfly Energy Holdings Corp. balance sheet

At the end of fiscal 2025, Dragonfly Energy Holdings Corp. had total assets of $86.5m, total liabilities of $52.8m and shareholders' equity of $11.5m. It held $18.3m in cash against $19.8m of debt: net debt of $1.5m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Dragonfly Energy Holdings Corp.: balance sheet, annual
Fiscal year	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	26	18	13	5	18	6
Receivables	1	1	2	2	4	3
Inventory	27	50	39	22	24	20
Total current assets	66	74	56	33	50	35
Total assets	76	89	75	75	87	70
Accounts payable	11	13	10	11	10	8
Deferred revenue (current)	0	0	0	0	0	0
Total current liabilities	18	41	40	22	20	15
Short-term debt	—	19	20	—	0	1
Long-term debt	37	76	76	30	9	11
Total debt	39	38	39	86	20	19
Total liabilities	60	78	47	85	53	47
Shareholders' equity	16	11	28	−9	12	−0
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	22	23
Net debt (negative = net cash)	13	21	27	81	2	13
Shares outstanding	—	—	—	—	—	13m

US$ millions unless shown otherwise. Fiscal quarters.

Dragonfly Energy Holdings Corp.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	4	2	4	4	5	4	3	3
Inventory	24	22	22	21	23	24	24	20
Total current assets	39	33	33	31	35	50	40	35
Total assets	84	75	74	72	74	87	76	70
Accounts payable	10	11	13	10	12	10	9	8
Deferred revenue (current)	0	0	0	0	0	0	0	0
Total current liabilities	49	22	24	22	26	20	17	15
Short-term debt	24	—	—	0	1	0	0	1
Long-term debt	82	30	34	39	45	9	10	11
Total debt	107	30	34	39	45	10	10	11
Total liabilities	84	85	87	87	95	53	49	47
Shareholders' equity	−0	−9	−16	−17	−22	12	4	−0
Non-controlling interests and other (assets − liabilities − equity)	—	—	3	—	—	22	23	23
Shares outstanding	7m	—	—	4m	62m	12m	12m	13m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Dragonfly Energy Holdings Corp.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Dragonfly Energy Holdings Corp.