vs

Side-by-side financial comparison of Draganfly Inc. (DPRO) and Nano Labs Ltd (NA). Click either name above to swap in a different company.

Nano Labs Ltd is the larger business by last-quarter revenue ($2.7M vs $1.7M, roughly 1.5× Draganfly Inc.). Nano Labs Ltd runs the higher net margin — 754.5% vs -409.2%, a 1163.7% gap on every dollar of revenue.

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.

Weebit Nano is a public semiconductor IP company founded in Israel in 2015 and headquartered in Hod HaSharon, Israel. The company develops Resistive Random-Access Memory technologies. Resistive Random-Access Memory is a specialized form of non-volatile memory (NVM) for the semiconductor industry. The company's products are targeted at a broad range of NVM markets where persistence, performance, and endurance are all required. ReRAM technology can be integrated in electronic devices like weara...

DPRO vs NA — Head-to-Head

Bigger by revenue
NA
NA
1.5× larger
NA
$2.7M
$1.7M
DPRO
Higher net margin
NA
NA
1163.7% more per $
NA
754.5%
-409.2%
DPRO

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
DPRO
DPRO
NA
NA
Revenue
$1.7M
$2.7M
Net Profit
$-7.1M
$20.3M
Gross Margin
26.6%
Operating Margin
Net Margin
-409.2%
754.5%
Revenue YoY
-8.7%
Net Profit YoY
-2.6%
EPS (diluted)
$1.03

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
NA
NA
Q4 25
$2.7M
Q2 25
$1.2M
Q2 24
$1.7M
$3.5M
Q2 23
$1.9M
Net Profit
DPRO
DPRO
NA
NA
Q4 25
$20.3M
Q2 25
$-985.5K
Q2 24
$-7.1M
$-8.0M
Q2 23
$-6.9M
Gross Margin
DPRO
DPRO
NA
NA
Q4 25
Q2 25
Q2 24
26.6%
0.1%
Q2 23
24.6%
Operating Margin
DPRO
DPRO
NA
NA
Q4 25
Q2 25
-459.2%
Q2 24
-237.2%
Q2 23
Net Margin
DPRO
DPRO
NA
NA
Q4 25
754.5%
Q2 25
-85.2%
Q2 24
-409.2%
-231.3%
Q2 23
-363.8%
EPS (diluted)
DPRO
DPRO
NA
NA
Q4 25
$1.03
Q2 25
$-0.06
Q2 24
$-0.12
Q2 23

Balance Sheet & Financial Strength

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

Metric
DPRO
DPRO
NA
NA
Cash + ST InvestmentsLiquidity on hand
$5.3M
$4.9M
Total DebtLower is stronger
$24.5M
Stockholders' EquityBook value
$-2.6M
$106.5M
Total Assets
$9.9M
$159.3M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DPRO
DPRO
NA
NA
Q4 25
$4.9M
Q2 25
$50.8M
Q2 24
$5.3M
$3.3M
Q2 23
$6.7M
Total Debt
DPRO
DPRO
NA
NA
Q4 25
$24.5M
Q2 25
$24.8M
Q2 24
$22.5M
Q2 23
Stockholders' Equity
DPRO
DPRO
NA
NA
Q4 25
$106.5M
Q2 25
$86.8M
Q2 24
$-2.6M
$-5.1M
Q2 23
$8.7M
Total Assets
DPRO
DPRO
NA
NA
Q4 25
$159.3M
Q2 25
$206.4M
Q2 24
$9.9M
$51.2M
Q2 23
Debt / Equity
DPRO
DPRO
NA
NA
Q4 25
0.23×
Q2 25
0.29×
Q2 24
Q2 23

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
NA
NA
Operating Cash FlowLast quarter
$-8.3M
Free Cash FlowOCF − Capex
$-8.4M
FCF MarginFCF / Revenue
-312.3%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DPRO
DPRO
NA
NA
Q4 25
$-8.3M
Q2 25
$-7.1M
Q2 24
$-10.8M
Q2 23
Free Cash Flow
DPRO
DPRO
NA
NA
Q4 25
$-8.4M
Q2 25
$-7.2M
Q2 24
$-15.4M
Q2 23
FCF Margin
DPRO
DPRO
NA
NA
Q4 25
-312.3%
Q2 25
-620.3%
Q2 24
-443.4%
Q2 23
Capex Intensity
DPRO
DPRO
NA
NA
Q4 25
2.9%
Q2 25
7.2%
Q2 24
133.1%
Q2 23
Cash Conversion
DPRO
DPRO
NA
NA
Q4 25
-0.41×
Q2 25
Q2 24
Q2 23

Financial Flow Comparison

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

Related Comparisons