Dragonfly Energy CEO Year-End Letter Highlights Financial Restructuring and Growth
Dragonfly issued year-end letter to shareholders from CEO Dr. Denis Phares. "2025 marked an important inflection point in Dragonfly Energy's history. We greatly improved our balance sheet, expanded our OEM footprint, and secured critical validation in heavy-duty trucking, including a commercial deployment from Werner Enterprises following a successful real-world pilot of our advanced idle-reduction power systems... We aim to revolutionize energy storage through manufacturing innovations that will enable widespread adoption of Lithium-ion batteries, while also enabling domestic production... We have taken decisive action in response to the tumultuous three years since we became a public company, characterized by inflation, rising interest rates, tariff uncertainties, and overseas price manipulation, all of which created an environment that stifled revenue growth and profitability. Operationally, we shifted our focus toward near-term revenue generating opportunities and effective cash management, accelerating commercial product development. On the capital structure side, we executed a comprehensive restructuring that reshaped our balance sheet... I believe these actions represent a pivotal turning point for the company... We are not the same company as last year having significantly strengthened the balance sheet and returned to year-over-year growth. We ended the year in a much stronger financial position, and I have never been more confident in the future prospects of the company... As many of our investors are aware, Dragonfly Energy is unique in its combination of fundamental R&D and brand-driven commercial sales... Dragonfly Energy is also unique in its focus on vertical integration... And beyond heavy duty trucking, we also expanded into several other exciting end markets"
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- Sustainable Innovation Award: Dragonfly Energy received the Sustainable Innovation Award at the 2026 SEAL Business Sustainability Awards, recognizing its groundbreaking contributions to reducing diesel engine idling in long-haul trucking, showcasing the company's leadership in environmental sustainability.
- Product Award Recognition: The Battle Born® DualFlow Power Pack was awarded the Sustainable Product Award, demonstrating its capability to significantly reduce CO₂ emissions by 10-12 metric tons per vehicle annually in real-world applications, driving the industry towards a low-carbon transition.
- Technological Advantage: The system enables truck drivers to power essential hotel loads during mandatory rest periods, achieving nearly 70% idle-hour reductions, enhancing fleet operational efficiency while lowering maintenance demands and improving driver comfort.
- Broad Market Prospects: Dragonfly Energy's innovation not only strengthens its market competitiveness but also lays the groundwork for future battery technology advancements, illustrating the company's long-term strategic vision in the clean energy sector.
- Disappointing Delivery Numbers: Xpeng Inc reported delivering 20,011 vehicles in January 2026, a figure that, while substantial, fell short of market expectations, leading to a decline in investor confidence.
- Stock Price Reaction: Following the disappointing delivery results, Xpeng's stock dropped 5.6% in pre-market trading to $16.97, reflecting concerns about the company's future performance among investors.
- Overall Market Trend: U.S. stock futures were lower, with Dow futures falling around 100 points, indicating a cautious market sentiment that could further impact investor attitudes towards Xpeng.
- Industry Impact: The delivery figures from Xpeng may negatively affect overall confidence in the electric vehicle market, especially in an increasingly competitive landscape, prompting investors to reassess their strategies.
- Significant Revenue Growth: DarkIris Inc reported a year-over-year revenue increase of 27.3% for FY25, reaching $10.08 million compared to $7.92 million in FY24, indicating strong market performance and growth potential.
- Stock Price Surge: Following the positive earnings report, DarkIris shares jumped 104.2% in pre-market trading to $0.68, reflecting investor optimism about the company's future prospects.
- Positive Market Reaction: The release of this earnings report has significantly increased market attention on DarkIris, enhancing investor confidence in its continued growth and potentially attracting more capital inflow.
- Optimistic Industry Outlook: The robust performance of DarkIris not only strengthens its market position but may also provide more opportunities for future financing and expansion plans, further solidifying its competitive edge in the industry.
Reverse Stock Split Announcement: Dragonfly Energy Holdings Corp. will implement a 1-for-10 reverse stock split effective December 18, 2025.
Reason for the Split: CEO Denis Phares stated that the reverse split is a technical step to maintain compliance with Nasdaq and to prepare for the company's growth phase.
Current Stock Performance: The company's shares closed at $0.7101, reflecting a decline of 10.47% in the latest trading session.
Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
Reverse Stock Split Announcement: Dragonfly Energy (DFLI) will execute a 1-for-10 reverse stock split effective December 18, consolidating approximately 120.8 million shares into about 12.1 million shares.
Trading and Compliance: Post-split, shares will continue trading on the Nasdaq under the symbol DFLI, with the reverse split aimed at maintaining compliance with Nasdaq listing requirements.
- Product Innovation: Dragonfly Energy has launched the Battle Born® Power Station series, featuring 3000W and 5000W portable power stations designed to meet the high demands of professional and off-grid applications, significantly expanding the company's product portfolio.
- Performance Advantage: The Battle Born Power Station 3000 delivers 2.5 kWh of LiFePO₄ energy storage to support tools and equipment, while the 5000W Pro version offers 5.1 kWh storage and high-capacity solar charging capabilities for more intensive commercial needs.
- Market Positioning: The new products are engineered for harsh environments, providing quiet, emissions-free power that reduces reliance on fuel-powered generators, which is expected to significantly lower operational costs and enhance user return on investment.
- Pre-Sale and Marketing: Both models are now available for pre-order with special Black Friday pricing, targeting initial shipments in Q1 2026, further strengthening the company's competitive position in the renewable energy market.










