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Side-by-side financial comparison of bioAffinity Technologies, Inc. (BIAF) and Draganfly Inc. (DPRO). Click either name above to swap in a different company.

Draganfly Inc. is the larger business by last-quarter revenue ($1.7M vs $1.6M, roughly 1.1× bioAffinity Technologies, Inc.). bioAffinity Technologies, Inc. runs the higher net margin — -197.0% vs -409.2%, a 212.2% gap on every dollar of revenue. On growth, Draganfly Inc. posted the faster year-over-year revenue change (-8.7% vs -27.8%).

bioAffinity Technologies, Inc. is a clinical-stage biotechnology firm focused on developing non-invasive in vitro diagnostic tests for early detection of cancer and respiratory diseases. It serves global healthcare markets, with a core mission to deliver accessible, high-accuracy diagnostic solutions that improve patient outcomes and reduce overall healthcare system costs.

Draganfly Inc. is a technology firm specializing in commercial drone design, manufacturing, and sales, plus supporting software and custom aerial data solutions. It serves public safety, agriculture, industrial inspection, disaster response, and mapping segments, with core North American markets and a global client base.

BIAF vs DPRO — Head-to-Head

Bigger by revenue
DPRO
DPRO
1.1× larger
DPRO
$1.7M
$1.6M
BIAF
Growing faster (revenue YoY)
DPRO
DPRO
+19.1% gap
DPRO
-8.7%
-27.8%
BIAF
Higher net margin
BIAF
BIAF
212.2% more per $
BIAF
-197.0%
-409.2%
DPRO

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
BIAF
BIAF
DPRO
DPRO
Revenue
$1.6M
$1.7M
Net Profit
$-3.1M
$-7.1M
Gross Margin
26.6%
Operating Margin
-196.9%
Net Margin
-197.0%
-409.2%
Revenue YoY
-27.8%
-8.7%
Net Profit YoY
-5.7%
-2.6%
EPS (diluted)
$-3.59

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
BIAF
BIAF
DPRO
DPRO
Q4 25
$1.6M
Q3 25
$1.4M
Q2 25
$1.3M
Q1 25
$1.9M
Q4 24
$2.2M
Q3 24
$2.4M
Q2 24
$2.4M
$1.7M
Q1 24
$2.4M
Net Profit
BIAF
BIAF
DPRO
DPRO
Q4 25
$-3.1M
Q3 25
$-5.1M
Q2 25
$-4.1M
Q1 25
$-2.7M
Q4 24
$-3.0M
Q3 24
$-2.0M
Q2 24
$-2.1M
$-7.1M
Q1 24
$-2.0M
Gross Margin
BIAF
BIAF
DPRO
DPRO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
26.6%
Q1 24
Operating Margin
BIAF
BIAF
DPRO
DPRO
Q4 25
-196.9%
Q3 25
-158.6%
Q2 25
-198.2%
Q1 25
-141.7%
Q4 24
-133.5%
Q3 24
-84.0%
Q2 24
-87.1%
Q1 24
-80.8%
Net Margin
BIAF
BIAF
DPRO
DPRO
Q4 25
-197.0%
Q3 25
-349.3%
Q2 25
-319.9%
Q1 25
-143.5%
Q4 24
-134.4%
Q3 24
-85.1%
Q2 24
-88.0%
-409.2%
Q1 24
-81.5%
EPS (diluted)
BIAF
BIAF
DPRO
DPRO
Q4 25
$-3.59
Q3 25
$-4.74
Q2 25
$-0.17
Q1 25
$-0.16
Q4 24
$-17.27
Q3 24
$-4.84
Q2 24
$-0.19
Q1 24
$-0.20

Balance Sheet & Financial Strength

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

Metric
BIAF
BIAF
DPRO
DPRO
Cash + ST InvestmentsLiquidity on hand
$6.4M
$5.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.3M
$-2.6M
Total Assets
$11.0M
$9.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIAF
BIAF
DPRO
DPRO
Q4 25
$6.4M
Q3 25
$7.7M
Q2 25
$802.8K
Q1 25
$444.7K
Q4 24
$1.1M
Q3 24
$756.6K
Q2 24
$801.3K
$5.3M
Q1 24
$2.5M
Stockholders' Equity
BIAF
BIAF
DPRO
DPRO
Q4 25
$7.3M
Q3 25
$8.9M
Q2 25
$-2.1M
Q1 25
$1.4M
Q4 24
$2.6M
Q3 24
$3.1M
Q2 24
$3.4M
$-2.6M
Q1 24
$5.3M
Total Assets
BIAF
BIAF
DPRO
DPRO
Q4 25
$11.0M
Q3 25
$11.5M
Q2 25
$4.8M
Q1 25
$5.5M
Q4 24
$6.5M
Q3 24
$6.6M
Q2 24
$6.7M
$9.9M
Q1 24
$8.0M

Cash Flow & Capital Efficiency

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

Metric
BIAF
BIAF
DPRO
DPRO
Operating Cash FlowLast quarter
$-2.6M
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-160.7%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIAF
BIAF
DPRO
DPRO
Q4 25
$-2.6M
Q3 25
$-2.5M
Q2 25
$-2.6M
Q1 25
$-1.6M
Q4 24
$-1.7M
Q3 24
$-1.7M
Q2 24
$-1.5M
Q1 24
$-2.3M
Free Cash Flow
BIAF
BIAF
DPRO
DPRO
Q4 25
$-2.6M
Q3 25
$-2.5M
Q2 25
$-2.7M
Q1 25
$-1.7M
Q4 24
$-1.7M
Q3 24
$-1.7M
Q2 24
$-1.6M
Q1 24
$-2.4M
FCF Margin
BIAF
BIAF
DPRO
DPRO
Q4 25
-160.7%
Q3 25
-171.8%
Q2 25
-209.6%
Q1 25
-91.3%
Q4 24
-76.0%
Q3 24
-73.1%
Q2 24
-65.1%
Q1 24
-99.2%
Capex Intensity
BIAF
BIAF
DPRO
DPRO
Q4 25
0.0%
Q3 25
0.3%
Q2 25
1.1%
Q1 25
2.7%
Q4 24
0.0%
Q3 24
0.4%
Q2 24
1.2%
Q1 24
1.7%

Financial Flow Comparison

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

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