Draganfly Announces Record First Quarter Results of 2026

Draganfly reported Q1 2026 revenue of $2,312,353, a 49.4% year-over-year increase, driven by strong product sales. Gross profit for Q1 2026 was $347,761, up 12.1% from the same period last year, but gross margin decreased to 15.0% from 20.0% due to the sales mix of products. The company recorded a comprehensive loss of $5,711,284, which includes non-cash changes such as a positive change in fair value derivative of $1,047,731 and a share issuance cost of $2,412,431.

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