DroneShield stock falls 3 percent as losses outweigh growth objectives for 2026

Published on 09/24/2026 at 15:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DroneShield stock traded at AUD 1.62 on September 24, 2026, after a 52 percent annual slide. First-half revenue rose 74 percent, but adjusted EBITDA turned negative.

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DroneShield (ISIN AU000000DRO2) stock closed at AUD 1.62 on the ASX on September 24, 2026, down 3 percent on the session. The counter-drone specialist has lost 52 percent over the past year, leaving growth figures to compete with a sharp reset in market valuation.

Growth meets a deeper loss

DroneShield's first-half 2026 revenue rose 74 percent to AUD 125.8 million, according to IT Boltwise. The same report put the statutory net loss at AUD 32.2 million, showing that sales expansion has not yet translated into positive earnings.

The adjusted EBITDA comparison is even sharper. Adjusted EBITDA was negative AUD 12.4 million in the first half of 2026, versus positive AUD 8.0 million in the prior-year period, a swing of AUD 20.4 million.

Guidance keeps the numbers moving

Management's 2026 revenue guidance stands at AUD 250 million to AUD 270 million, while recurring revenue increased 229 percent to AUD 11.5 million in the first half, according to IT Boltwise. Recurring revenue represented 9.2 percent of first-half revenue, giving investors a measurable indicator of revenue mix rather than headline sales alone.

The operating tension is visible in the stock data. The AUD 1.62 close on September 24, 2026, stood AUD 5.09 below the 52-week high of AUD 6.71 and AUD 0.05 above the 52-week low of AUD 1.57. That narrow position near the yearly low contrasts with the 74 percent first-half revenue increase.

Stock stays near yearly low

DroneShield stock closed at AUD 1.62 on the ASX on September 24, 2026, with the session decline at 3 percent. The valuation debate now turns on whether the AUD 250 million to AUD 270 million revenue range can eventually support positive operating earnings.