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Side-by-side financial comparison of Draganfly Inc. (DPRO) and PLUS THERAPEUTICS, INC. (PSTV). Click either name above to swap in a different company.

Draganfly Inc. is the larger business by last-quarter revenue ($1.7M vs $1.4M, roughly 1.3× PLUS THERAPEUTICS, INC.). Draganfly Inc. runs the higher net margin — -409.2% vs -417.9%, a 8.7% gap on every dollar of revenue. On growth, PLUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (-3.2% 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.

Plus Therapeutics, Inc. is a clinical-stage pharmaceutical company headquartered in Houston, Texas, that develops targeted radiotherapeutics and diagnostic services for brain and central nervous system (CNS) cancers. The company’s lead therapeutic candidate, marketed as REYOBIQ™, is an investigational liposomal radiopharmaceutical under clinical evaluation for recurrent glioblastoma, leptomeningeal metastases, and certain pediatric brain cancers. Plus Therapeutics also commercialized a molecu...

DPRO vs PSTV — Head-to-Head

Bigger by revenue
DPRO
DPRO
1.3× larger
DPRO
$1.7M
$1.4M
PSTV
Growing faster (revenue YoY)
PSTV
PSTV
+5.6% gap
PSTV
-3.2%
-8.7%
DPRO
Higher net margin
DPRO
DPRO
8.7% more per $
DPRO
-409.2%
-417.9%
PSTV

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
DPRO
DPRO
PSTV
PSTV
Revenue
$1.7M
$1.4M
Net Profit
$-7.1M
$-5.7M
Gross Margin
26.6%
Operating Margin
-420.0%
Net Margin
-409.2%
-417.9%
Revenue YoY
-8.7%
-3.2%
Net Profit YoY
-2.6%
-46.4%
EPS (diluted)
$0.95

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
PSTV
PSTV
Q4 25
$1.4M
Q3 25
$1.4M
Q2 25
$1.4M
Q1 25
$1.1M
Q4 24
$1.4M
Q3 24
$1.5M
Q2 24
$1.7M
$1.3M
Q1 24
$1.7M
Net Profit
DPRO
DPRO
PSTV
PSTV
Q4 25
$-5.7M
Q3 25
$-4.4M
Q2 25
$5.2M
Q1 25
$-17.4M
Q4 24
$-3.9M
Q3 24
$-2.9M
Q2 24
$-7.1M
$-2.9M
Q1 24
$-3.3M
Gross Margin
DPRO
DPRO
PSTV
PSTV
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
26.6%
Q1 24
Operating Margin
DPRO
DPRO
PSTV
PSTV
Q4 25
-420.0%
Q3 25
-320.8%
Q2 25
-110.6%
Q1 25
-333.9%
Q4 24
-276.2%
Q3 24
-260.9%
Q2 24
-289.1%
Q1 24
-196.7%
Net Margin
DPRO
DPRO
PSTV
PSTV
Q4 25
-417.9%
Q3 25
-316.6%
Q2 25
370.6%
Q1 25
-1643.2%
Q4 24
-276.4%
Q3 24
-197.4%
Q2 24
-409.2%
-229.9%
Q1 24
-194.5%
EPS (diluted)
DPRO
DPRO
PSTV
PSTV
Q4 25
$0.95
Q3 25
$-0.04
Q2 25
$-0.01
Q1 25
$-1.19
Q4 24
$-0.51
Q3 24
$-0.37
Q2 24
$-0.71
Q1 24
$-0.75

Balance Sheet & Financial Strength

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

Metric
DPRO
DPRO
PSTV
PSTV
Cash + ST InvestmentsLiquidity on hand
$5.3M
$8.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-2.6M
$4.0M
Total Assets
$9.9M
$16.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DPRO
DPRO
PSTV
PSTV
Q4 25
$8.6M
Q3 25
$16.6M
Q2 25
$6.9M
Q1 25
$9.9M
Q4 24
$3.6M
Q3 24
$4.8M
Q2 24
$5.3M
$8.4M
Q1 24
$3.2M
Stockholders' Equity
DPRO
DPRO
PSTV
PSTV
Q4 25
$4.0M
Q3 25
$5.1M
Q2 25
$3.0M
Q1 25
$-23.6M
Q4 24
$-8.9M
Q3 24
$-5.2M
Q2 24
$-2.6M
$-7.6M
Q1 24
$-4.8M
Total Assets
DPRO
DPRO
PSTV
PSTV
Q4 25
$16.3M
Q3 25
$18.7M
Q2 25
$10.3M
Q1 25
$12.1M
Q4 24
$6.6M
Q3 24
$7.0M
Q2 24
$9.9M
$11.2M
Q1 24
$5.6M

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
PSTV
PSTV
Operating Cash FlowLast quarter
$-6.3M
Free Cash FlowOCF − Capex
$-6.3M
FCF MarginFCF / Revenue
-459.9%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-20.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DPRO
DPRO
PSTV
PSTV
Q4 25
$-6.3M
Q3 25
$-2.5M
Q2 25
$-5.8M
Q1 25
$-6.2M
Q4 24
$-1.2M
Q3 24
$-3.7M
Q2 24
$-1.1M
Q1 24
$-4.5M
Free Cash Flow
DPRO
DPRO
PSTV
PSTV
Q4 25
$-6.3M
Q3 25
$-2.6M
Q2 25
$-5.8M
Q1 25
$-6.2M
Q4 24
$-1.2M
Q3 24
$-3.7M
Q2 24
$-1.2M
Q1 24
$-4.6M
FCF Margin
DPRO
DPRO
PSTV
PSTV
Q4 25
-459.9%
Q3 25
-184.3%
Q2 25
-417.6%
Q1 25
-583.1%
Q4 24
-86.5%
Q3 24
-253.7%
Q2 24
-96.2%
Q1 24
-271.5%
Capex Intensity
DPRO
DPRO
PSTV
PSTV
Q4 25
2.2%
Q3 25
1.9%
Q2 25
0.5%
Q1 25
0.3%
Q4 24
0.8%
Q3 24
1.0%
Q2 24
6.3%
Q1 24
2.4%
Cash Conversion
DPRO
DPRO
PSTV
PSTV
Q4 25
Q3 25
Q2 25
-1.13×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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