Draganfly Inc. cash flow statement

In fiscal 2025, Draganfly Inc.'s operations generated −$17.1m of cash; it spent $660,819 on capital projects, leaving free cash flow of −$17.8m.

Cash flow statement

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

Draganfly Inc.: cash flow statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	—	—	−18	−13	−14	−9	−17
Depreciation and amortisation	0	0	0	1	0	0	0
Stock-based pay	1	2	3	3	1	1	1
Capital spending	0	0	0	0	0	0	1
Free cash flow	—	—	−18	−13	−14	−9	−18
Free cash flow after stock pay	—	—	−21	−15	−16	−10	−19

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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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.