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Side-by-side financial comparison of Draganfly Inc. (DPRO) and Newton Golf Company, Inc. (NWTG). Click either name above to swap in a different company.

Newton Golf Company, Inc. is the larger business by last-quarter revenue ($2.3M vs $1.7M, roughly 1.3× Draganfly Inc.). Newton Golf Company, Inc. runs the higher net margin — -105.3% vs -409.2%, a 303.9% gap on every dollar of revenue. On growth, Newton Golf Company, Inc. posted the faster year-over-year revenue change (112.4% 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.

Bridgestone Golf, Inc. is a sports equipment company based in Covington, Georgia, United States. The company is a subsidiary of Bridgestone. It designs and manufactures a full range of golf equipment including balls, clubs, and accessories utilizing both the Bridgestone and Precept brand names.

DPRO vs NWTG — Head-to-Head

Bigger by revenue
NWTG
NWTG
1.3× larger
NWTG
$2.3M
$1.7M
DPRO
Growing faster (revenue YoY)
NWTG
NWTG
+121.2% gap
NWTG
112.4%
-8.7%
DPRO
Higher net margin
NWTG
NWTG
303.9% more per $
NWTG
-105.3%
-409.2%
DPRO

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
DPRO
DPRO
NWTG
NWTG
Revenue
$1.7M
$2.3M
Net Profit
$-7.1M
$-2.4M
Gross Margin
26.6%
25.0%
Operating Margin
-112.8%
Net Margin
-409.2%
-105.3%
Revenue YoY
-8.7%
112.4%
Net Profit YoY
-2.6%
71.3%
EPS (diluted)
$-0.40

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
NWTG
NWTG
Q4 25
$2.3M
Q3 25
$2.6M
Q2 25
$2.1M
Q1 25
$1.2M
Q4 24
$1.1M
Q3 24
$1.2M
Q2 24
$1.7M
$813.0K
Q1 24
$350.0K
Net Profit
DPRO
DPRO
NWTG
NWTG
Q4 25
$-2.4M
Q3 25
$-1.6M
Q2 25
$-1.5M
Q1 25
$-525.0K
Q4 24
$-8.3M
Q3 24
$-1.1M
Q2 24
$-7.1M
$-1.2M
Q1 24
$-1.2M
Gross Margin
DPRO
DPRO
NWTG
NWTG
Q4 25
25.0%
Q3 25
67.2%
Q2 25
67.6%
Q1 25
70.4%
Q4 24
72.3%
Q3 24
66.5%
Q2 24
26.6%
60.1%
Q1 24
58.9%
Operating Margin
DPRO
DPRO
NWTG
NWTG
Q4 25
-112.8%
Q3 25
-58.2%
Q2 25
-72.9%
Q1 25
-162.9%
Q4 24
-133.6%
Q3 24
-90.0%
Q2 24
-147.8%
Q1 24
-358.6%
Net Margin
DPRO
DPRO
NWTG
NWTG
Q4 25
-105.3%
Q3 25
-61.2%
Q2 25
-73.5%
Q1 25
-43.4%
Q4 24
-779.1%
Q3 24
-87.5%
Q2 24
-409.2%
-142.1%
Q1 24
-340.9%
EPS (diluted)
DPRO
DPRO
NWTG
NWTG
Q4 25
$-0.40
Q3 25
$-0.34
Q2 25
$-0.34
Q1 25
$-0.55
Q4 24
$-131.23
Q3 24
$-21.79
Q2 24
$-0.79
Q1 24
$-24.52

Balance Sheet & Financial Strength

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

Metric
DPRO
DPRO
NWTG
NWTG
Cash + ST InvestmentsLiquidity on hand
$5.3M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-2.6M
$926.0K
Total Assets
$9.9M
$3.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DPRO
DPRO
NWTG
NWTG
Q4 25
$1.3M
Q3 25
$2.5M
Q2 25
$4.0M
Q1 25
$5.9M
Q4 24
$7.7M
Q3 24
$1.3M
Q2 24
$5.3M
$2.8M
Q1 24
$4.1M
Stockholders' Equity
DPRO
DPRO
NWTG
NWTG
Q4 25
$926.0K
Q3 25
$3.1M
Q2 25
$4.4M
Q1 25
$6.2M
Q4 24
$-5.2M
Q3 24
$2.6M
Q2 24
$-2.6M
$3.6M
Q1 24
$4.7M
Total Assets
DPRO
DPRO
NWTG
NWTG
Q4 25
$3.3M
Q3 25
$5.3M
Q2 25
$6.5M
Q1 25
$8.2M
Q4 24
$9.8M
Q3 24
$3.4M
Q2 24
$9.9M
$4.2M
Q1 24
$5.3M

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
NWTG
NWTG
Operating Cash FlowLast quarter
$-1.1M
Free Cash FlowOCF − Capex
$-1.1M
FCF MarginFCF / Revenue
-50.5%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-5.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DPRO
DPRO
NWTG
NWTG
Q4 25
$-1.1M
Q3 25
$-1.3M
Q2 25
$-1.2M
Q1 25
$-1.6M
Q4 24
$-1.5M
Q3 24
$-1.1M
Q2 24
$-1.2M
Q1 24
$-1.2M
Free Cash Flow
DPRO
DPRO
NWTG
NWTG
Q4 25
$-1.1M
Q3 25
$-1.4M
Q2 25
$-1.4M
Q1 25
$-1.7M
Q4 24
$-1.5M
Q3 24
$-1.4M
Q2 24
$-1.3M
Q1 24
$-1.2M
FCF Margin
DPRO
DPRO
NWTG
NWTG
Q4 25
-50.5%
Q3 25
-54.9%
Q2 25
-66.4%
Q1 25
-140.1%
Q4 24
-143.5%
Q3 24
-112.7%
Q2 24
-159.3%
Q1 24
-352.6%
Capex Intensity
DPRO
DPRO
NWTG
NWTG
Q4 25
3.7%
Q3 25
3.6%
Q2 25
7.7%
Q1 25
10.8%
Q4 24
3.6%
Q3 24
22.7%
Q2 24
12.9%
Q1 24
23.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

DPRO
DPRO

Segment breakdown not available.

NWTG
NWTG

Online Sales$2.1M93%
Other$151.0K7%

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