Draganfly Strengthens Balance Sheet in Q1 2026 Interim Filing
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Draganfly Inc. has strengthened its balance sheet, as revealed in its Q1 2026 interim filing with the SEC. The company reported a significant increase in cash and total assets to C$161.1 million, while total liabilities remained low at C$5.4 million. Shareholders’ equity rose to C$155.8 million despite an accumulated deficit of C$146.1 million. Analysts rate DPRO stock as a Buy with a C$14.00 price target, although concerns about financial performance and profitability persist. Draganfly specializes in unmanned aerial systems for commercial markets and has a current market cap of C$275.2 million.
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