1H 2026 Results - Sustained Growth and Investing for Scale
Droneshield Ltd
Key points
- Record first-half revenue of $125.8 million, up 74%
- Recurring revenue of $11.5 million, up 229%
- FY2026 revenue outlook reaffirmed at $250 million to $270 million
Full summary
DroneShield Ltd (ASX:DRO) has announced its financial results for the six months ended 30 June 2026 (1H 2026), delivering record first-half revenue of $125.8 million, up 74% compared to the prior corresponding period. The company also reported recurring revenue of $11.5 million, up 229%, supported by a growing installed base of 4,100 software-enabled devices globally. Despite the increase in revenue, the company reported an underlying EBITDA loss of $12.4 million, reflecting investments in production capacity, product development, and organizational systems. The company reaffirmed its FY2026 revenue outlook at $250 million to $270 million, representing growth of 15% to 25% on FY2025. The company also announced the launch of its next-generation AI-enabled products, RfAI-3 and RfRecon, marking the start of a new product roadmap.
Guidance
FY2026 revenue outlook reaffirmed at $250 million to $270 million
Outlook
The company is preparing for its next phase of growth with the launch of its next-generation AI-enabled products, RfAI-3 and RfRecon.