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Side-by-side financial comparison of CXApp Inc. (CXAI) 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 $1.0M, roughly 1.7× CXApp Inc.). Draganfly Inc. runs the higher net margin — -409.2% vs -544.1%, a 134.9% gap on every dollar of revenue. On growth, Draganfly Inc. posted the faster year-over-year revenue change (-8.7% vs -38.5%).

CXApp Inc. is a technology firm specializing in digital workplace experience solutions. It offers cloud-based software tools for employee engagement, office space optimization, visitor management, and hybrid work coordination, serving mid-to-large enterprises across North America, APAC and Europe.

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.

CXAI vs DPRO — Head-to-Head

Bigger by revenue
DPRO
DPRO
1.7× larger
DPRO
$1.7M
$1.0M
CXAI
Growing faster (revenue YoY)
DPRO
DPRO
+29.7% gap
DPRO
-8.7%
-38.5%
CXAI
Higher net margin
DPRO
DPRO
134.9% more per $
DPRO
-409.2%
-544.1%
CXAI

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
CXAI
CXAI
DPRO
DPRO
Revenue
$1.0M
$1.7M
Net Profit
$-5.6M
$-7.1M
Gross Margin
86.9%
26.6%
Operating Margin
-576.9%
Net Margin
-544.1%
-409.2%
Revenue YoY
-38.5%
-8.7%
Net Profit YoY
-56.7%
-2.6%
EPS (diluted)

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
CXAI
CXAI
DPRO
DPRO
Q4 25
$1.0M
Q3 25
$1.1M
Q2 25
$1.2M
Q1 25
$1.2M
Q4 24
$1.7M
Q3 24
$1.9M
Q2 24
$1.8M
$1.7M
Q1 24
$1.8M
Net Profit
CXAI
CXAI
DPRO
DPRO
Q4 25
$-5.6M
Q3 25
$-3.2M
Q2 25
$-3.1M
Q1 25
$-1.6M
Q4 24
$-3.5M
Q3 24
$-5.4M
Q2 24
$-5.3M
$-7.1M
Q1 24
$-5.2M
Gross Margin
CXAI
CXAI
DPRO
DPRO
Q4 25
86.9%
Q3 25
89.0%
Q2 25
86.0%
Q1 25
87.7%
Q4 24
86.0%
Q3 24
80.4%
Q2 24
80.0%
26.6%
Q1 24
82.0%
Operating Margin
CXAI
CXAI
DPRO
DPRO
Q4 25
-576.9%
Q3 25
-343.4%
Q2 25
-336.1%
Q1 25
-306.0%
Q4 24
-169.7%
Q3 24
-194.3%
Q2 24
-206.7%
Q1 24
-197.3%
Net Margin
CXAI
CXAI
DPRO
DPRO
Q4 25
-544.1%
Q3 25
-283.4%
Q2 25
-256.7%
Q1 25
-132.0%
Q4 24
-213.6%
Q3 24
-286.5%
Q2 24
-297.6%
-409.2%
Q1 24
-284.4%

Balance Sheet & Financial Strength

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

Metric
CXAI
CXAI
DPRO
DPRO
Cash + ST InvestmentsLiquidity on hand
$11.1M
$5.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$14.0M
$-2.6M
Total Assets
$32.4M
$9.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CXAI
CXAI
DPRO
DPRO
Q4 25
$11.1M
Q3 25
$5.1M
Q2 25
$4.9M
Q1 25
$3.9M
Q4 24
$4.9M
Q3 24
Q2 24
$5.3M
Q1 24
Stockholders' Equity
CXAI
CXAI
DPRO
DPRO
Q4 25
$14.0M
Q3 25
$15.2M
Q2 25
$14.3M
Q1 25
$15.6M
Q4 24
$15.6M
Q3 24
$13.6M
Q2 24
$16.3M
$-2.6M
Q1 24
$20.9M
Total Assets
CXAI
CXAI
DPRO
DPRO
Q4 25
$32.4M
Q3 25
$28.5M
Q2 25
$29.6M
Q1 25
$29.3M
Q4 24
$31.8M
Q3 24
Q2 24
$9.9M
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CXAI
CXAI
DPRO
DPRO
Operating Cash FlowLast quarter
$-3.6M
Free Cash FlowOCF − Capex
$-3.6M
FCF MarginFCF / Revenue
-355.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-10.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CXAI
CXAI
DPRO
DPRO
Q4 25
$-3.6M
Q3 25
$-2.8M
Q2 25
$-3.0M
Q1 25
$-979.0K
Q4 24
$-2.7M
Q3 24
$-2.1M
Q2 24
$-1.9M
Q1 24
$-650.0K
Free Cash Flow
CXAI
CXAI
DPRO
DPRO
Q4 25
$-3.6M
Q3 25
$-2.8M
Q2 25
$-3.0M
Q1 25
$-984.0K
Q4 24
Q3 24
$-2.1M
Q2 24
$-1.9M
Q1 24
$-668.0K
FCF Margin
CXAI
CXAI
DPRO
DPRO
Q4 25
-355.5%
Q3 25
-248.1%
Q2 25
-247.2%
Q1 25
-80.4%
Q4 24
Q3 24
-109.3%
Q2 24
-108.6%
Q1 24
-36.7%
Capex Intensity
CXAI
CXAI
DPRO
DPRO
Q4 25
0.2%
Q3 25
0.4%
Q2 25
0.9%
Q1 25
0.4%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
0.5%
Q1 24
1.0%

Financial Flow Comparison

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

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