By Elias Schisgall
Shares of Draganfly tumbled after the company widened its loss in 2025 and posted revenue below Wall Street expectations.
Shares fell 15% to $5.37 in Wednesday morning trading. The stock is up 68% over the past 12 months.
The drone company on Tuesday reported a full-year loss of 23 million Canadian dollars (roughly $16.7 million), or C$1.46 a share. That compares with a 2024 loss of C$13.9 million, or C$4.40 a share, in 2024.
Analysts polled by FactSet were expecting a loss of C$1.33 for the year.
Full-year revenue rose 18% to C$7.7 million. Revenue during the fourth quarter rose to C$1.9 million from C$1.6 million a year earlier.
Analysts were expecting fourth-quarter revenue of C$2.9 million and full-year revenue of C$9.1 million.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
March 25, 2026 10:11 ET (14:11 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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