DroneShield (ASX: DRO): Strong Growth, but Can Earnings Catch Up?
Sep 25, 2026
Proactive Equities Team
DroneShield (ASX: DRO) delivered record 1H26 revenue of $125.8M (+74%) and growing recurring software revenue, but margins fell to 60%, costs surged, and a $32.2M statutory loss raises questions on whether earnings can catch up to justify its share price.