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Other financials

Income statement

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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

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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

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Operating cash flow-$51.3M-670%
Free cash flow-$52.6M-671%

Valuation

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Market cap$4.98B+733%
Enterprise value$3.96B+625%
P/E20.4×
P/S51.6×+14.5×

Profitability

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Gross margin44.8%+24.2pp
Operating margin-93.9%-39.2pp
Net margin253.3%+158pp
FCF margin-89.6%-37.2pp

Returns & leverage

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Return on equity44.5%+25.0pp
Debt / equity-1.4×
Current ratio10.9×+10.1×

Where this comes from

Reported directly by Ondas, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Ondas, Inc.’s 10-Q, filed May 15, 2026.

Filed
May 15, 2026, 4:34 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001213900-26-057859
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Other liabilities13-
Net cash flows used in operating activities(51,298)(6,659)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment(1,332)(171)
Proceeds from sale of property and equipment110-
Purchase of long-term equity investments(5,000)-
Purchases of short-term investments(452,238)-
Maturities of short-term investments23,147-

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ondas, Inc.'s capex?
Ondas, Inc. (ONDS) reported capex of $1.33M in Q1 2026.
How has Ondas, Inc.'s capex changed year-over-year?
Ondas, Inc.'s capex increased by 678.9% year-over-year, from $171K to $1.33M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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