What is Ondas, Inc. 's market cap?

Ondas, Inc. (ONDS) has a market capitalization of $4.4B and trades on NASDAQ.

What is Ondas, Inc. 's revenue and profitability?

Ondas, Inc. generated $96.6M in trailing twelve-month revenue with net income of $244.7M, representing a net margin of 253.3%. Gross margin stands at 44.8%, with free cash flow of -$86.6M. These figures are based on the Q1 2026 filing.

Who are Ondas, Inc. 's competitors?

Ondas, Inc. 's key competitors include Nokia, Ericsson, TTM Technologies Inc, and others. These companies compete in similar markets and product categories.

Who does Ondas, Inc. partner with?

Ondas, Inc. 's notable partners include Association of American Railroads, Institute of Electrical and Electronics Engineers.

What subsidiaries does Ondas, Inc. have?

Ondas, Inc. 's subsidiaries include Airobotics, American Robotics, Sentrycs, and others.

Where is Ondas, Inc. headquartered?

Ondas, Inc. is headquartered in United States of America and employs approximately 108 people. It has been publicly traded since 2018.

Ondas, Inc.

ONDS

Ondas Inc. is a technology company providing advanced autonomous systems and private wireless networking solutions for defense, security, and critical infrastructure markets.

Market cap

$4.36B+1,108%

Revenue$96.6M+793%

Net income$244.7M+679%

Free cash flow-$86.6M-160%

EPS (diluted)$0.04+107%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 14, 2026

Revenue$50.1MBeat by $10.8M EPS$0.77Beat by $0.80

Read the full report

Next report

Aug 11, 2026 (in a month)

Revenue estimate$68.0M

EPS estimate-$0.07

Financials

Q1 2026

Income statement

See full

Revenue$50.1M+1,080%

Gross profit$24.7M+1,557%

Operating income-$42.7M-314%

Net income$362.8M+2,666%

EPS (diluted)$0.56+473%

Balance sheet

See full

Cash & equivalents$1.0B+3,989%

Total debt$12.5M-64.8%

Total equity$1.1B+4,018%

Total assets$2.4B+2,232%

Cash flow

See full

Operating cash flow-$51.3M-670%

CapEx$1.3M+679%

Free cash flow-$52.6M-671%

Valuation & ratios

Valuation

See full

Market cap$4.36B+1,108%

Enterprise value$3.33B+1,173%

P/E17.8×—

P/S45.1×+25.6×

Profitability

See full

Gross margin44.8%+24.2pp

Operating margin-93.9%-39.2pp

Net margin253.3%+158pp

FCF margin-89.6%-37.2pp

Returns & leverage

See full

Return on equity44.5%+25.0pp

Debt / equity0×-1.4×

Current ratio10.9×+10.1×

Segments

By geography

See full

Europe$12.1M—

Asia$12.0M—

North America$3.3M+1,434%

Other Countries$835.0K+7,491%

By product

See full

Product Revenue$38.4M+1,090%

Service Revenue$9.3M—

Development Revenue$2.4M+1,031%

Competitors

By market cap

TTM Technologies$15.6B+266%

AeroVironment$7.5B-36.5%

Ondas, Inc. $4.4B+1,287%

Sidus Space, Inc.$220.0M+607%

AIRO Group Holdings, Inc. Common Stock$207.9M-60.8%

VisionWave Holdings, Inc.$121.4M—

Ocean Power Technologies$65.1M-26.5%

Knightscope, Inc.$31.4M-33.2%

By revenue growth

Ondas, Inc. +793%

AeroVironment+141%

TTM Technologies+23.1%

AIRO Group Holdings, Inc. Common Stock+3.6%

Sidus Space, Inc.-9.2%

Ocean Power Technologies-43.8%

By net margin

Ondas, Inc. 253.3%+644pp

TTM Technologies6.29%+3.2pp

AeroVironment-9.0%-14.3pp

AIRO Group Holdings, Inc. Common Stock-19.98%+25.5pp

Sidus Space, Inc.-806.65%-285pp

Ocean Power Technologies-1,048.18%-692pp

Profile

Ondas Inc. is a technology company providing advanced autonomous systems and private wireless networking solutions for defense, security, and critical infrastructure markets. The company develops integrated mission-critical platforms that combine secure communications, AI-enabled autonomy, and situational awareness to enhance operational resilience in complex and regulated environments.

Competitive position

A leading provider of standards-based private wireless networks and the first company to receive an FAA Airworthiness Type Certificate for an automated drone system.

GeographiesNorth America, Israel, United Kingdom, Germany, United Arab Emirates, Singapore

Customer segmentsGovernment, Industrial, Transportation, Energy

Business modelHardware sales, Subscription SaaS, Licensing and Royalties, Professional Services

SuppliersContract manufacturers, Semiconductor suppliers, Electronic component providers, Raw material suppliers

CustomersClass I Railroads, Military forces, Border protection agencies, Industrial facility managers

CountryUnited States of America

Listed2018

Employees108.0

CEOEric Ashley Brock

SectorTechnology

IndustryCommunication Equipment

Websiteondas.com

FilingsSEC EDGAR

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Questions, answered.

What is Ondas, Inc. 's market cap?: Ondas, Inc. (ONDS) has a market capitalization of $4.4B and trades on NASDAQ.
What is Ondas, Inc. 's revenue and profitability?: Ondas, Inc. generated $96.6M in trailing twelve-month revenue with net income of $244.7M, representing a net margin of 253.3%. Gross margin stands at 44.8%, with free cash flow of -$86.6M. These figures are based on the Q1 2026 filing.
Who are Ondas, Inc. 's competitors?: Ondas, Inc. 's key competitors include Nokia, Ericsson, TTM Technologies Inc, and others. These companies compete in similar markets and product categories.
Who does Ondas, Inc. partner with?: Ondas, Inc. 's notable partners include Association of American Railroads, Institute of Electrical and Electronics Engineers.
What subsidiaries does Ondas, Inc. have?: Ondas, Inc. 's subsidiaries include Airobotics, American Robotics, Sentrycs, and others.
Where is Ondas, Inc. headquartered?: Ondas, Inc. is headquartered in United States of America and employs approximately 108 people. It has been publicly traded since 2018.