DroneShield stock launches recurring service after 74 percent revenue growth

Published on 10/08/2026 at 07:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DroneShield stock posted AUD 125.8 million in first-half revenue on August 27, while its statutory loss reached AUD 32.2 million. A new subscription service adds recurring support revenue.

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DroneShield stock (ISIN AU000000DRO2) was quoted at AUD 1.83 on the Australian Securities Exchange as of October 3, 2026, while the company had launched a new recurring service on October 1. DroneShield said Mission Ready Services combines software updates, eLearning and technical support in an annual renewable offering.

Recurring services expand the offer

The service is designed to support more than 4,100 software-enabled DroneShield devices already in the field, according to DroneShield. That installed base gives the company a route to add renewals and support revenue alongside hardware sales, although the release does not quantify the service's expected contribution.

The operating mix remains weighted toward products. First-half 2026 revenue was AUD 125.8 million, up 74 percent from the prior-year period, while recurring revenue reached AUD 11.5 million, up 229 percent, according to Simply Wall St.

Growth comes with a loss

The same first-half report showed a statutory loss of AUD 32.2 million and a loss per share of AUD 0.035, compared with a profit per share of AUD 0.002 in the first half of 2025, Simply Wall St reported. The contrast matters for investors because strong top-line expansion has so far been accompanied by substantial investment and negative earnings.

Analyst expectations also reflect a more measured valuation. Simply Wall St listed an average target of AUD 1.99 from four analysts on September 8, 2026, down from AUD 2.70, putting the target 8.7 percent above the AUD 1.83 reference price.

Stock remains below its yearly high

DroneShield's ASX price of AUD 1.83 on October 3, 2026, stood AUD 4.88 below the 52-week high of AUD 6.71 and AUD 0.29 above the 52-week low of AUD 1.54. The market capitalization was listed at AUD 1.7 billion on the same date.