Dragonfly Energy Holdings Corp. announced preliminary second quarter 2025 Net Sales and Adjusted EBITDA.
The company anticipates second quarter 2025 Net Sales of $16.2 million and Adjusted EBITDA of $2.2 million, above guidance of $14.8 million and $3.5 million, respectively. Anticipated results represent 23% year-over-year growth in net sales and an approximately $4 million reduction in Adjusted EBITDA loss.
“We are pleased to report strong preliminary second quarter Net Sales and Adjusted EBITDA that exceeded our guidance, delivering another consecutive quarter of year-over-year net sales growth while continuing to reduce our Adjusted EBITDA loss,” said CEO Denis Phares. “We were also pleased to announce the recent exchange of shares of common stock for all remaining shares of preferred stock, providing us with enhanced operational flexibility and strengthening our foundation for potential sustained net sales growth and profitability.”
Adjusted EBITDA is a non-GAAP measure and should be considered only as supplemental to, and not as superior to, financial measures prepared in accordance with United States generally accepted accounting principles (GAAP).
“The second quarter 2025 Net Sales and Adjusted EBITDA are preliminary and are subject to finalization and adjustment in connection with the preparation of the company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2025. The preliminary financial results included in this press release have been prepared by, and are the responsibility of, our management. During the course of the preparation of our financial statements and related notes as of and for the three months ended June 30, 2025, we may identify items that would require us to make material adjustments to the preliminary financial results presented herein. As a result, investors should exercise caution in relying on this information and should not draw any inferences from this information. This preliminary financial information should not be viewed as a substitute for full financial statements prepared in accordance with GAAP and reviewed by our independent registered public accounting firm,” the company said.
