Australian counter-drone technology provider DroneShield Ltd reported record first-half revenue of A$125.8 million, up 74% from a year earlier, but swung to a statutory loss of A$32.2 million as costs rose sharply.
The company’s recurring revenue jumped 229% to A$11.5 million, supported by a global installed base of 4,100 software-enabled devices. Underlying EBITDA loss widened to A$12.4 million from a A$8.0 million profit in the prior period, while total losses included A$15 million in individually significant items such as non-cash share-based payments, business disruption costs and system implementation expenses.
DroneShield attributed the results to deliberate investments in production capacity, product development, management capability and governance. The company relocated to a new 3,000-square-meter facility in early 2026 and began European hardware production in June.
During the FIFA World Cup 2026 in Kansas City, DroneShield supported airspace security operations, identifying 184 drone detections and seizing 48 unauthorized drones. Non-military government and commercial customers contributed 15% of first-half revenue.
For the full year 2026, DroneShield reaffirmed its revenue guidance of A$250 million to A$270 million, representing 15% to 25% growth over 2025. Committed revenue stood at A$240 million as of August 21, equivalent to 89% to 96% of the guided range. No dividend was declared for the period.
