When the object is first
falling gravity is greater than drag but when the object hits
terminal velocity (maximum falling speed) our diagram changes.
Drag and Gravity
equal each other in magnitude at terminal velocity, which means
the net forces are zero and the object is now falling at a
constant speed.What you should take away from all this, is that 2 forces are acting on your falling object. You have to take into account your object is accelerating down until it reaches terminal velocity which is a constant speed where Drag=Gravity.