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Ondas, Inc. ONDS Convertible Debt - Current

Convertible Debt - Current at other companies

BillionToOne, Inc.
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BillionToOne, Inc. BLLN
$0-100%
Ondas, Inc.
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Ondas, Inc. ONDS
$10M+400%
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Flagstar Bank FLG
$1M0.0%
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Solaris Energy InfrastructureSEI
$881.58M
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HubSpotHUBS
$368.88M
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Schering-PloughSGP
$204.54M+182%

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%
CapEx$1.3M+679%
Free cash flow-$52.6M-671%

Valuation

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Market cap$4.82B+3,648%
Enterprise value$3.8B+2,507%
P/E19.7×
P/S49.9×+38.0×

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:ConvertibleDebt.

The official record: Ondas, Inc. ’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ondas, Inc. 's convertible debt - current?
Ondas, Inc. (ONDS) reported convertible debt - current of $10M in Q1 2026.
How has Ondas, Inc. 's convertible debt - current changed year-over-year?
Ondas, Inc. 's convertible debt - current increased by 400.0% year-over-year, from $2M to $10M.
What is the long-term trend for Ondas, Inc. 's convertible debt - current?
Over 2 years (2022 to 2025), Ondas, Inc. 's convertible debt - current has grown at a -64.5% compound annual growth rate (CAGR), from $15.85M to $2M.
What does convertible debt - current mean?
This represents the portion of debt obligations that can be converted into equity and is due for repayment within the next twelve months. It highlights immediate liquidity requirements and the potential for near-term equity dilution if conversion occurs. Investors monitor this to assess the company's refinancing risk and potential impact on share count.