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DroneShield share price jumps after reporting 121% Q1 revenue increase

DroneShield share price jumps after reporting 121% Q1 revenue increase

The DroneShield Ltd (ASX: DRO) share price is jumping on Wednesday morning.

At the time of writing, the counter-drone technology company’s shares are up 4.5% to $3.98.

This follows the release of the company’s eagerly anticipated first-quarter update before the market open.

A woman jumps for joy with a rocket drawn on the wall behind her.

Image source: Getty Images

DroneShield share price jumps on quarterly update

For the three months ended 31 March, DroneShield reported its highest ever customer cash receipts in a quarter and the second‑highest revenue in a quarter.

Management believes these results continue the positive trajectory from 2025, during which DroneShield achieved all‑time record performance across key metrics.

According to the release, the company achieved revenue of $74.1 million…

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