Draganfly Inc. balance sheet

At the end of fiscal 2025, Draganfly Inc. had total assets of $73.9m, total liabilities of $3.5m and shareholders' equity of $70.4m. It held $65.8m in cash against $0 of debt: net cash of $65.8m.

Balance sheet

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

Draganfly Inc.: balance sheet, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	2	2	18	6	2	4	66
Receivables	—	1	1	2	0	0	1
Inventory	0	1	3	1	1	1	3
Total current assets	—	3	26	10	5	6	73
Goodwill	—	2	5	—	—	—	—
Total assets	—	6	33	11	6	7	74
Total current liabilities	—	2	5	2	6	4	3
Total debt	0	0	0	0	0	0	0
Total liabilities	—	3	6	3	6	4	3
Shareholders' equity	2	3	27	8	0	3	70
Net debt (negative = net cash)	−2	−2	−18	−6	−2	−4	−66

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 Draganfly Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Draganfly Inc.