• Continued growth across all leading metrics, with highest quarter for customer cash receipts, and second highest revenue quarter on record
• A$74.1m Q1 2026 Customer Revenue, up 121% on Q1 2025
• A$154.8m FY2026 Committed Revenue, up from A$94.4m as at 1Q 2025

DroneShield Ltd reported its Q1 2026 results, with continued strong performance across all key metrics. The company recorded revenue of A$74.1m, up 121% on the prior corresponding period and the second highest quarterly revenue on record. Customer cash receipts were also at a record high of A$77.4m, up 360% on Q1 2025. The company's FY2026 committed revenue stands at A$154.8m, up from A$94.4m a year earlier, providing a solid foundation for the year ahead. SaaS revenues grew 205% to A$5.1m, now comprising 6.9% of total revenue, in line with the company's goal of achieving 30% recurring revenue by 2030. The business also delivered its fourth consecutive quarter of positive net operating cash flow, reaching A$24.1m. With a strong cash balance of A$222.8m and no debt, DroneShield is well-positioned to continue investing in people, technology, and potential strategic M&A. The company's sales pipeline remains robust at A$2.2bn across 312 projects, with a diverse mix of geographies, end-users and products. DroneShield is executing on its strategy to be a global leader in counter-drone solutions, leveraging its proprietary AI technology, comprehensive product portfolio, and strong customer relationships.

DroneShield expects to deliver revenue of over A$1 billion per annum by 2030, with a significant proportion of this being recurring revenue from SaaS offerings.

DroneShield is focused on executing its 2030+ vision, which includes deploying 'whole of lifecycle' counter-UxS solutions, strategic technology-focused M&A, and expanding its global presence through scaled operations and regional manufacturing capabilities. The company is well-positioned to capitalize on the growing demand for counter-drone solutions across both military and commercial markets.