Stevens Transport

Dragonfly Energy Lands $3M Stevens Trucking Order, Guides Q2 Up 36%

Dragonfly Energy Lands $3M Stevens Trucking Order, Guides Q2 Up 36%

RENO – October 27, 2026 -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) guided second-quarter net sales to about $13.2 million, roughly 36% above first-quarter revenue of $9.7 million, as a purchase order from Stevens Transport covering nearly 500 trucks offsets a soft RV market.

Stevens Transport order exceeds $3 million across full trucking portfolio

Stevens Transport placed the order after quarter-end. It is valued at more than $3 million and spans Dragonfly's full heavy-duty trucking product portfolio. CEO Denis Phares described it as one of the most comprehensive single-fleet adoptions of the company's trucking solutions to date, and as a move from pilot programs to scaled fleet deployment.

Dragonfly Energy Cuts EBITDA Loss $3.0M in Q2, Buys Dakota Lithium

Dragonfly Energy Cuts EBITDA Loss $3.0M in Q2, Buys Dakota Lithium

RENO – October 27, 2026 -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) narrowed its second-quarter Adjusted EBITDA loss to $1.6 million, a $3.0 million sequential improvement from the first quarter, as cost cuts took hold. Preliminary net sales of $13.2 million matched company guidance, and Adjusted EBITDA came in above it.

Cost cuts lift margins while sales fall

Gross profit was $4.3 million at a 33.0% gross margin, against $4.6 million and 28.3% in the comparison period. Lower battery and accessory unit volumes reduced gross profit, partly offset by a $1.1 million tariff refund booked in cost of sales. Operating expenses fell to $7.2 million from $7.9 million.