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Draganfly management commentary cites reduced wildfire activity as driver of Q3 2026 revenue decline

PUBT·11/10/2026 21:49:31
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Draganfly management commentary cites reduced wildfire activity as driver of Q3 2026 revenue decline
  • Draganfly's management commentary linked Q3 2026 revenue's 5% decline to CAD 2.05 million to weaker Dronelogics services amid reduced British Columbia wildfire activity.
  • Net loss widened to CAD 12.83 million from CAD 5.17 million a year earlier.
  • SG&A expenses rose 156.7% to CAD 13.18 million, driven by higher staffing costs, office expenses and share-based payments, among other increases.
  • Gross profit fell 69.4% to CAD 128,957; excluding inventory write-downs, management reported a 6.7% increase.
  • Nine-month revenue increased 20.7% to CAD 7.03 million, primarily reflecting higher goods sales at Dronelogics and Draganfly Innovations.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Draganfly Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-050995), on November 10, 2026, and is solely responsible for the information contained therein.