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Side-by-side financial comparison of Axil Brands, Inc. (AXIL) and Dragonfly Energy Holdings Corp. (DFLI). Click either name above to swap in a different company.

Dragonfly Energy Holdings Corp. is the larger business by last-quarter revenue ($13.1M vs $8.1M, roughly 1.6× Axil Brands, Inc.). Axil Brands, Inc. runs the higher net margin — 8.7% vs -344.9%, a 353.5% gap on every dollar of revenue. On growth, Dragonfly Energy Holdings Corp. posted the faster year-over-year revenue change (6.9% vs 5.2%). Axil Brands, Inc. produced more free cash flow last quarter ($906.4K vs $-14.9M). Over the past eight quarters, Axil Brands, Inc.'s revenue compounded faster (12.1% CAGR vs 2.2%).

Axil Brands, Inc. is a U.S.-headquartered company that designs, manufactures and markets premium hearing protection products, audio enhancement devices and personal audio accessories. Its offerings include custom-fit earplugs, Bluetooth-enabled hearing buds for work, sports and leisure use, serving both consumer and professional segments across global markets.

Dragonfly Energy Holdings Corp. is a U.S.-based energy technology company specializing in designing and manufacturing high-performance, sustainable lithium-ion batteries. Its core offerings include deep-cycle batteries for RVs, marine uses, off-grid power systems, and residential energy storage, primarily serving consumer and small industrial renewable energy markets across North America.

AXIL vs DFLI — Head-to-Head

Bigger by revenue
DFLI
DFLI
1.6× larger
DFLI
$13.1M
$8.1M
AXIL
Growing faster (revenue YoY)
DFLI
DFLI
+1.7% gap
DFLI
6.9%
5.2%
AXIL
Higher net margin
AXIL
AXIL
353.5% more per $
AXIL
8.7%
-344.9%
DFLI
More free cash flow
AXIL
AXIL
$15.8M more FCF
AXIL
$906.4K
$-14.9M
DFLI
Faster 2-yr revenue CAGR
AXIL
AXIL
Annualised
AXIL
12.1%
2.2%
DFLI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AXIL
AXIL
DFLI
DFLI
Revenue
$8.1M
$13.1M
Net Profit
$704.9K
$-45.0M
Gross Margin
68.1%
18.2%
Operating Margin
11.1%
-78.1%
Net Margin
8.7%
-344.9%
Revenue YoY
5.2%
6.9%
Net Profit YoY
11.2%
-357.6%
EPS (diluted)
$0.09
$-13.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXIL
AXIL
DFLI
DFLI
Q4 25
$8.1M
$13.1M
Q3 25
$6.9M
$16.0M
Q2 25
$5.8M
$16.2M
Q1 25
$6.9M
$13.4M
Q4 24
$7.7M
$12.2M
Q3 24
$5.9M
$12.7M
Q2 24
$6.5M
$13.2M
Q1 24
$6.5M
$12.5M
Net Profit
AXIL
AXIL
DFLI
DFLI
Q4 25
$704.9K
$-45.0M
Q3 25
$334.3K
$-11.1M
Q2 25
$-245.6K
$-7.0M
Q1 25
$576.7K
$-6.8M
Q4 24
$633.7K
$-9.8M
Q3 24
$-109.8K
$-6.8M
Q2 24
$49.5K
$-13.6M
Q1 24
$781.1K
$-10.4M
Gross Margin
AXIL
AXIL
DFLI
DFLI
Q4 25
68.1%
18.2%
Q3 25
67.6%
29.7%
Q2 25
70.0%
28.3%
Q1 25
71.7%
29.4%
Q4 24
71.1%
20.8%
Q3 24
71.0%
22.6%
Q2 24
71.5%
24.0%
Q1 24
71.5%
24.4%
Operating Margin
AXIL
AXIL
DFLI
DFLI
Q4 25
11.1%
-78.1%
Q3 25
6.0%
-23.7%
Q2 25
0.8%
-20.2%
Q1 25
8.4%
-44.3%
Q4 24
8.7%
-58.5%
Q3 24
-2.4%
-47.4%
Q2 24
2.6%
-51.1%
Q1 24
-1.6%
-46.7%
Net Margin
AXIL
AXIL
DFLI
DFLI
Q4 25
8.7%
-344.9%
Q3 25
4.9%
-69.3%
Q2 25
-4.3%
-43.3%
Q1 25
8.3%
-50.9%
Q4 24
8.2%
-80.6%
Q3 24
-1.9%
-53.3%
Q2 24
0.8%
-103.2%
Q1 24
12.1%
-82.9%
EPS (diluted)
AXIL
AXIL
DFLI
DFLI
Q4 25
$0.09
$-13.09
Q3 25
$0.04
$-0.20
Q2 25
$-0.03
$-0.58
Q1 25
$0.07
$-0.93
Q4 24
$0.08
$-54.60
Q3 24
$-0.02
$-0.11
Q2 24
$0.11
$-0.22
Q1 24
$0.04
$-0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXIL
AXIL
DFLI
DFLI
Cash + ST InvestmentsLiquidity on hand
$5.0M
$18.3M
Total DebtLower is stronger
$138.3K
$19.3M
Stockholders' EquityBook value
$11.1M
$11.5M
Total Assets
$16.2M
$86.5M
Debt / EquityLower = less leverage
0.01×
1.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXIL
AXIL
DFLI
DFLI
Q4 25
$5.0M
$18.3M
Q3 25
$4.1M
$3.8M
Q2 25
$4.8M
$2.7M
Q1 25
$4.7M
$2.5M
Q4 24
$5.2M
$4.8M
Q3 24
$4.1M
$8.0M
Q2 24
$3.3M
$4.7M
Q1 24
$4.9M
$8.5M
Total Debt
AXIL
AXIL
DFLI
DFLI
Q4 25
$138.3K
$19.3M
Q3 25
$139.2K
$97.1M
Q2 25
$140.2K
$93.2M
Q1 25
$141.0K
$89.5M
Q4 24
$143.3K
$85.9M
Q3 24
$144.3K
$82.4M
Q2 24
$146.6K
$80.4M
Q1 24
$77.1M
Stockholders' Equity
AXIL
AXIL
DFLI
DFLI
Q4 25
$11.1M
$11.5M
Q3 25
$10.2M
$-21.6M
Q2 25
$9.7M
$-16.6M
Q1 25
$9.7M
$-15.6M
Q4 24
$8.8M
$-9.4M
Q3 24
$7.9M
$-297.0K
Q2 24
$7.7M
$5.3M
Q1 24
$8.8M
$17.8M
Total Assets
AXIL
AXIL
DFLI
DFLI
Q4 25
$16.2M
$86.5M
Q3 25
$15.4M
$73.8M
Q2 25
$12.9M
$71.8M
Q1 25
$13.0M
$74.2M
Q4 24
$13.7M
$75.2M
Q3 24
$11.4M
$83.9M
Q2 24
$11.0M
$85.0M
Q1 24
$12.7M
$88.4M
Debt / Equity
AXIL
AXIL
DFLI
DFLI
Q4 25
0.01×
1.68×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.02×
Q3 24
0.02×
Q2 24
0.02×
15.27×
Q1 24
4.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXIL
AXIL
DFLI
DFLI
Operating Cash FlowLast quarter
$934.8K
$-14.7M
Free Cash FlowOCF − Capex
$906.4K
$-14.9M
FCF MarginFCF / Revenue
11.1%
-113.8%
Capex IntensityCapex / Revenue
0.3%
1.1%
Cash ConversionOCF / Net Profit
1.33×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXIL
AXIL
DFLI
DFLI
Q4 25
$934.8K
$-14.7M
Q3 25
$-739.2K
Q2 25
$194.4K
Q1 25
$-169.9K
$-4.5M
Q4 24
$1.0M
$-2.5M
Q3 24
$897.3K
Q2 24
$-336.6K
Q1 24
$-912.8K
$-3.4M
Free Cash Flow
AXIL
AXIL
DFLI
DFLI
Q4 25
$906.4K
$-14.9M
Q3 25
$-747.6K
Q2 25
Q1 25
$-258.2K
$-5.3M
Q4 24
$941.1K
$-3.5M
Q3 24
Q2 24
$-394.9K
Q1 24
$-922.1K
$-4.2M
FCF Margin
AXIL
AXIL
DFLI
DFLI
Q4 25
11.1%
-113.8%
Q3 25
-10.9%
Q2 25
Q1 25
-3.7%
-39.6%
Q4 24
12.2%
-28.6%
Q3 24
Q2 24
-6.1%
Q1 24
-14.3%
-33.7%
Capex Intensity
AXIL
AXIL
DFLI
DFLI
Q4 25
0.3%
1.1%
Q3 25
0.1%
Q2 25
Q1 25
1.3%
5.8%
Q4 24
0.9%
8.1%
Q3 24
Q2 24
0.9%
Q1 24
0.1%
6.5%
Cash Conversion
AXIL
AXIL
DFLI
DFLI
Q4 25
1.33×
Q3 25
-2.21×
Q2 25
Q1 25
-0.29×
Q4 24
1.59×
Q3 24
Q2 24
-6.80×
Q1 24
-1.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXIL
AXIL

Hearing Enhancement And Protection$7.8M95%
Other$378.9K5%

DFLI
DFLI

Original Equipment Manufacturers$8.1M62%
Sales Channel Directly To Consumer$4.7M36%

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