DroneShield books $125.8M revenue in FY26

• DroneShield achieved record first-half revenue of $125.8 million, up 74% from the prior period.
• The business recorded a statutory loss after tax of $32.2 million despite rising revenue.
• Management invested heavily in production capacity and inventory to support future global delivery speed.

DroneShield (ASX:DRO) reported record revenue of $125.8 million for the six months ended June 30, representing a 74% surge compared to the prior corresponding period.

The growth was offset by profitability pressures, moving from a $2.1 million statutory net profit last year to a $32.2 million statutory loss after tax.

DroneShield CEO and Managing Director Angus Bean stated, "The increasing installed base of our software-enabled devices, our operational work supporting major public safety environments and the promising early interest in RfRecon all demonstrate the opportunities ahead for DroneShield."

The expanded financial results followed significant organisational investments into system upgrades and new global manufacturing capacity.

Expenses for the half included $15 million in individually significant items, covering non-cash share-based payments alongside business disruption and implementation costs.

Following the announcement, the DroneShield share price was down at $1.76.

Operationally, non-military government and commercial buyers expanded to account for 15% of total half-year revenue.

The group held $180 million in cash and term deposits with zero debt at the end of June.