Dragonfly Energy Holdings Corp. (DFLI) intrinsic value & 10-year financials
Dragonfly Energy Holdings Corp. (DFLI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue shrank 6.9% a year to $58.6M, with an average return on invested capital of -46.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $2.77
- Market cap
- $13.2M
- Revenue (FY2025)
- $58.6M
- Revenue growth (6-yr CAGR)
- -6.9%
- ROIC (10-yr avg)
- -46.5%
- Free cash flow (FY2025)
- -$27.9M
DFLI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $58.6M | -$69.9M | -$14.80 | -$27.9M | -39.5% | -75.3% |
| FY2024 | $50.6M | -$40.6M | -$5.91 | -$9.9M | -50.9% | -53.8% |
| FY2023 | $64.4M | -$13.8M | -$0.26 | -$24.6M | -42.6% | -26.6% |
| FY2022 | $86.3M | -$39.6M | -$1.03 | -$52.6M | -39.4% | -70.0% |
| FY2021 | $78.0M | $1.9M | $0.05 | -$3.5M | -0.5% | -6.8% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Dragonfly Energy Holdings Corp. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Dragonfly Energy Holdings Corp. has historically struggled to out-earn its cost of capital, averaging just -46.5% ROIC.
Dragonfly Energy Holdings Corp. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Dragonfly Energy Holdings Corp. is modeled at -6.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.22 per share.