DPRO (Draganfly) Gross Margin %: 15.07% (As of Mar. 2026) — 56% Below Median


DPRO Draganfly Inc DPRO
58 GF Score
Price $5.10
GF Value $1.15
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Draganfly Gross Margin %?

Draganfly DPRO -5.56% 58 Gross Margin % is 15.07% as of Mar. 2026, which is 56% below its 10-year median of 34.48. GuruFocus rates DPRO with a GF Score™ of 58/100 and a GF Value™ of $1.15 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,449 Hardware companies, Draganfly ranks worse than 70.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Draganfly's Gross Profit for the three months ended in Mar. 2026 was $0.25 Mil. Draganfly's Revenue for the three months ended in Mar. 2026 was $1.69 Mil. Therefore, Draganfly's Gross Margin % for the quarter that ended in Mar. 2026 was 15.07%.

Warning Sign:

Draganfly Inc gross margin has been in long-term decline. The average rate of decline per year is -13%.


The historical rank and industry rank for Draganfly's Gross Margin % or its related term are showing as below:

DPRO' s Gross Margin % Range Over the Past 10 Years
Min: 10.4   Med: 34.48   Max: 84.2
Current: 16.01


During the past 8 years, the highest Gross Margin % of Draganfly was 84.20%. The lowest was 10.40%. And the median was 34.48%.

DPRO's Gross Margin % is ranked worse than
70.8% of 2449 companies
in the Hardware industry
Industry Median: 24.52 vs DPRO: 16.01

Draganfly had a gross margin of 15.07% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Draganfly was -13.00% per year.


Draganfly  (NAS:DPRO) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Draganfly had a gross margin of 15.07% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Draganfly Gross Margin % Related Terms


Draganfly Gross Margin % Historical Data

* Premium members only.

The historical data trend for Draganfly's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Draganfly Gross Margin % Chart

Draganfly Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 37.47 10.40 31.48 21.30 17.09

Draganfly Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.04 23.85 19.51 4.47 15.07

DPRO vs DELL, SNDK, ANET: Gross Margin % Comparison

For the Computer Hardware subindustry, Draganfly's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Draganfly Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Draganfly's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Draganfly's Gross Margin % falls into.


DPRO
58GF Score
Draganfly Inc DPRO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Draganfly Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Draganfly's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1 / 5.604
=(Revenue - Cost of Goods Sold) / Revenue
=(5.604 - 4.646) / 5.604
=17.09 %

Draganfly's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.3 / 1.685
=(Revenue - Cost of Goods Sold) / Revenue
=(1.685 - 1.431) / 1.685
=15.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 15.07% mean?
Draganfly (DPRO) has a Gross Margin % of 15.07% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Draganfly and its competitors. This is 56% below median its historical median of 34.48. Over the past decade, Draganfly's Gross Margin % has ranged from 10.40 to 84.20. According to the industry distribution chart, Draganfly ranks #1734 out of 2449 companies in the Hardware industry, placing it in the top 70.8%.
Is Draganfly's Gross Margin % too high?
Draganfly's current Gross Margin % of 15.07% is 56% below median its 10-year median of 34.48. Over the past 10 years, this metric has ranged from a low of 10.40 to a high of 84.20. The Hardware industry median Gross Margin % is 24.52. Draganfly's value of 15.07% is 38.5% below this industry median. Based on the distribution chart, Draganfly ranks #1734 out of 2449 companies in the Hardware industry, which is below the industry midpoint. Overall, Draganfly has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Draganfly's Gross Margin % compare to DELL and SNDK?
According to the Hardware industry distribution chart, Draganfly ranks #1734 out of 2449 companies for Gross Margin %. This places Draganfly in the lower half of its industry. The industry median Gross Margin % is 24.52. Draganfly's value of 15.07% is 38.5% below this benchmark. Historically, Draganfly's own Gross Margin % has ranged from 10.40 to 84.20 over the past decade. While the company's 10-year median is 34.48 vs. the industry median of 24.52, Draganfly has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,449 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Draganfly's current Gross Margin % of 15.07% is 38.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Draganfly and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Draganfly's current Gross Margin % is 15.07%, which is 56% below median its own 10-year median of 34.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly stock overvalued right now?
Based on GuruFocus' analysis, Draganfly (DPRO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.15, compared to a current price of $5.10 — trading 343.5% above its estimated fair value. The current Gross Margin % is 15.07%, which is 56% below median its 10-year median of 34.48 and 38.5% below the Hardware industry median of 24.52. Draganfly's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Draganfly (DPRO), the current Gross Margin % is 15.07% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Draganfly (DPRO) Overvalued in 2026?

Based on GuruFocus' analysis, Draganfly stock appears to be overvalued. The current stock price of $5.10 is trading 343.5% above its estimated GF Value™ of $1.15. GuruFocus considers Draganfly to be Significantly Overvalued.

Key valuation signals for DPRO:

  • Gross Margin %: 15.07% (56% below median its 10-year median of 34.48)
  • GF Value™: $1.15 vs. price of $5.10 (343.5% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 38.5% below the Hardware median (#1734 of 2449)

No single metric tells the full story. See the DPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Draganfly Business Description

Other Exchanges 3U8:GermanyDPRO:Canada
Address 235 103rd Street East, Saskatoon, SK, CAN, S7N 1Y8
Draganfly Inc is a Canada based company. It is engaged in the provision of engineering services and the manufacture of commercial unmanned vehicle systems and software. The company operates in Canada, the United States, and Internationally. The two segments are Drones, and Corporate. The Drones segment derives its revenue from products and services related to the sale of unmanned aerial vehicles (UAV). The Corporate segment includes all costs not directly associated with the Drone and Vital segments. It generates majority of its revenue from Drones segment.
58GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.10
Price
$1.15
GF Value