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

Ensysce Biosciences, Inc. is the larger business by last-quarter revenue ($1.9M vs $1.7M, roughly 1.1× Draganfly Inc.). Ensysce Biosciences, Inc. runs the higher net margin — -147.0% vs -409.2%, a 262.2% gap on every dollar of revenue. On growth, Ensysce Biosciences, Inc. posted the faster year-over-year revenue change (44.4% vs -8.7%).

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.

Ensysce Biosciences, Inc. is a clinical-stage biotechnology firm specializing in developing innovative prodrug therapies for pain management and oncology indications. Its proprietary platform is designed to reduce opioid abuse risks while enhancing treatment efficacy, targeting global healthcare and pharmaceutical markets with a focus on unmet clinical needs.

DPRO vs ENSC — Head-to-Head

Bigger by revenue
ENSC
ENSC
1.1× larger
ENSC
$1.9M
$1.7M
DPRO
Growing faster (revenue YoY)
ENSC
ENSC
+53.1% gap
ENSC
44.4%
-8.7%
DPRO
Higher net margin
ENSC
ENSC
262.2% more per $
ENSC
-147.0%
-409.2%
DPRO

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
DPRO
DPRO
ENSC
ENSC
Revenue
$1.7M
$1.9M
Net Profit
$-7.1M
$-2.8M
Gross Margin
26.6%
Operating Margin
-147.8%
Net Margin
-409.2%
-147.0%
Revenue YoY
-8.7%
44.4%
Net Profit YoY
-2.6%
22.3%
EPS (diluted)
$-0.51

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
DPRO
DPRO
ENSC
ENSC
Q4 25
$1.9M
Q3 25
$493.1K
Q2 25
$1.4M
Q1 25
$1.3M
Q4 24
$1.3M
Q3 24
$3.4M
Q2 24
$1.7M
Q4 23
$515.0K
Net Profit
DPRO
DPRO
ENSC
ENSC
Q4 25
$-2.8M
Q3 25
$-3.7M
Q2 25
$-1.7M
Q1 25
$-1.9M
Q4 24
$-3.6M
Q3 24
$661.8K
Q2 24
$-7.1M
Q4 23
$-3.5M
Gross Margin
DPRO
DPRO
ENSC
ENSC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
26.6%
Q4 23
Operating Margin
DPRO
DPRO
ENSC
ENSC
Q4 25
-147.8%
Q3 25
-758.7%
Q2 25
-127.6%
Q1 25
-149.1%
Q4 24
-274.3%
Q3 24
18.9%
Q2 24
Q4 23
-612.7%
Net Margin
DPRO
DPRO
ENSC
ENSC
Q4 25
-147.0%
Q3 25
-756.3%
Q2 25
-126.4%
Q1 25
-147.4%
Q4 24
-273.4%
Q3 24
19.4%
Q2 24
-409.2%
Q4 23
-680.4%
EPS (diluted)
DPRO
DPRO
ENSC
ENSC
Q4 25
$-0.51
Q3 25
$-1.29
Q2 25
$-0.79
Q1 25
$-1.39
Q4 24
$-0.89
Q3 24
$1.00
Q2 24
Q4 23
$-66.47

Balance Sheet & Financial Strength

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

Metric
DPRO
DPRO
ENSC
ENSC
Cash + ST InvestmentsLiquidity on hand
$5.3M
$4.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-2.6M
$3.2M
Total Assets
$9.9M
$7.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DPRO
DPRO
ENSC
ENSC
Q4 25
$4.3M
Q3 25
$1.7M
Q2 25
$2.2M
Q1 25
$3.1M
Q4 24
$3.5M
Q3 24
$4.2M
Q2 24
$5.3M
Q4 23
$1.1M
Stockholders' Equity
DPRO
DPRO
ENSC
ENSC
Q4 25
$3.2M
Q3 25
$1.2M
Q2 25
$3.4M
Q1 25
$3.0M
Q4 24
$3.7M
Q3 24
$6.9M
Q2 24
$-2.6M
Q4 23
$-322.9K
Total Assets
DPRO
DPRO
ENSC
ENSC
Q4 25
$7.5M
Q3 25
$3.2M
Q2 25
$5.6M
Q1 25
$4.6M
Q4 24
$5.6M
Q3 24
$9.4M
Q2 24
$9.9M
Q4 23
$2.7M

Cash Flow & Capital Efficiency

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

Metric
DPRO
DPRO
ENSC
ENSC
Operating Cash FlowLast quarter
$-1.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DPRO
DPRO
ENSC
ENSC
Q4 25
$-1.5M
Q3 25
$-1.9M
Q2 25
$-2.7M
Q1 25
$-1.7M
Q4 24
$-764.1K
Q3 24
$-1.0M
Q2 24
Q4 23
$-1.8M
Cash Conversion
DPRO
DPRO
ENSC
ENSC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-1.54×
Q2 24
Q4 23

Financial Flow Comparison

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

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