What are Ondas, Inc. 's profit margins?

Gross margin is 44.8% and operating margin is -93.9%, with a 253.3% net margin.

Where does Ondas, Inc. 's income statement data come from?

Every line is extracted from Ondas, Inc. 's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Ondas, Inc. ONDS Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$50.73M+605%	$7.19M-54.2%	$15.69M+638%	$2.13M-26.9%
Total cost of revenue	$30.58M+346%	$6.85M-26.4%	$9.31M+816%	$1.02M-43.9%
Gross profit	$20.16M+5,742%	$345K-94.6%	$6.38M+475%	$1.11M+1.2%
Gross margin	39.7%+34.9pp	4.8%-35.9pp	40.7%-11.5pp	52.2%+14.5pp
Research and development	$20.88M+67.3%	$12.48M-27.2%	$17.15M-28.0%	$23.8M+310%
Selling and marketing	$13.19M+147%	$5.34M-9.7%	$5.91M+71.2%	$3.45M+132%
General and administrative	$44.47M+159%	$17.14M-20.5%	$21.56M-9.7%	$23.87M+103%
Compensation and benefits	$16.02M+1,166%	$1.27M—	——	$5.86M+80.0%
Depreciation and amortization	$946K-74.9%	$3.76M-24.6%	$4.99M+29.7%	$3.85M+163%
Other operating expenses	$78.54M+184%	$27.69M-39.9%	$46.11M-34.6%	$70.54M+270%
Total operating expenses	$78.54M+125%	$34.95M-24.2%	$46.11M-34.6%	$70.54M+270%
Operating income	-$58.38M-68.7%	-$34.61M+12.9%	-$39.73M+42.8%	-$69.43M-286%
Operating margin	-115.1%+366pp	-481.1%-228pp	-253.2%+3,013pp	-3,266%-2,648pp
Interest expense	$6.58M+81.6%	$3.62M-13.6%	$4.19M+11.3%	$3.76M+553%
Interest income	$9.11M—	——	$123.87K+385%	$25.54K+121%
Other income (expense), net	-$74.51M-2,093%	-$3.4M+33.6%	-$5.12M-34.2%	-$3.81M-153%
Gain (loss) on disposal of assets	——	-$2K—	——	$382.06K—
Income before income taxes	-$132.89M-250%	-$38.01M+15.2%	-$44.84M—	——
Income tax expense	——	$69.4M+121%	$31.46M-60.2%	$79M+2,804%
Net income	-$132.23M-248%	-$38.01M+15.2%	-$44.84M+38.8%	-$73.24M-388%
Net margin	-260.7%+268pp	-528.4%-243pp	-285.8%+3,160pp	-3,445.3%-2,928pp
Net income attributable to noncontrolling interests	-$1.3M—	——	——	——
Diluted earnings per share	-$0.67-9.8%	-$0.61+31.5%	-$0.89+48.6%	-$1.73-284%
Basic earnings per share	-$0.67-9.8%	-$0.61+31.5%	-$0.89+48.6%	-$1.73-284%
Weighted-average shares, diluted	737.3M+173%	270.1M+31.5%	205.4M+22.2%	168.1M+30.7%
Weighted-average shares, basic	737.3M+173%	270.1M+31.5%	205.4M+22.2%	168.1M+30.7%
Royalty expense	$342K+23.5%	$277K—	——	——
Gain on retained interest in Sandisk	——	——	——	——
Government Assistance Nonoperating Income	——	——	-$478.72K—	——
Temporary Equity Dividends Adjustment	$3.59M+23.5%	$2.91M—	——	——
Accretion Of Redeemable Noncontrolling Interest To Redemption Value	——	$2.91M—	——	——
Accretion Of Redeemable Preferred Stock	——	-$2.91M—	——	——
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Attributable To Noncontrolling Interest	$23K—	——	——	——
Adjustment For Amortization	——	——	——	$3.57M+156%
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature	——	$768K—	——	——
Share-based compensation expense related to employee stock plans	$16.02M+1,166%	$1.27M+20.8%	$1.05M—	——
Aggregate Cap	——	——	——	——
Aggregate Price	——	——	——	——
Amortization Expense	——	——	——	——
Amortization Of Financing Costs	——	——	——	$1.19M—
Amortization Of Financing Costs And Discounts	$4.87M+92.6%	$2.53M-19.5%	$3.14M-11.5%	$3.55M—
Amortization of capitalized software and acquired intangible assets	$5.81M+37.6%	$4.22M+1.8%	$4.15M+16.2%	$3.57M+156%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	——	——	——	——
Debt securities, available-for-sale, unrealized gain	——	——	——	——
Debt securities, available-for-sale, unrealized loss	——	——	——	——
Beneficial Ownership Percentage	——	——	——	——
Carrying Value Of Noncontrolling Interest	——	——	——	——
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect	$563.78M+3,664%	$14.98M—	——	——
Change In Fair Value Of Government Grant Liability	——	——	——	——
Change In Fair Value Of Warrant Liability Net Amount	$17.27M—	——	——	——
Change In Net Unrealized Gain On Debt Securities Net Of Tax	——	——	——	——
Change In Net Unrealized Gainloss On Debt Securities Net Of Tax	——	——	——	——
Change In Valuation Allowance Amountin Dollars	$6.51M—	——	——	——
Change In Valuation Allowance Percentage	——	——	——	——
Common Area Maintenance Expense	$381K-30.9%	$551K—	——	——
Common Stock In Relation To Business Acquisitions	$34.82M—	——	——	——
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	——	-$38.01M—	——	——
Less: comprehensive income attributable to noncontrolling interest	-$1.3M—	——	——	——
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	——	-$38.01M—	——	——
Contract With Customer Assets Revenue Recognized	$8.48M+2,524%	$323K—	——	——
Contract With Customer Liability Additions	$9.54M+498%	$1.6M—	——	——
Other	$7.37M—	——	——	——
Revenue recognized that was included in deferred income at the beginning of the period	$81K—	——	$61.51K—	——
Contract With Customer Liability Transfer To General And Administrative Expense	-$5.51M-5,149%	-$105K—	——	——
Contract With Customer Liability Transfer To Revenue	-$8.74M-508%	-$1.44M—	——	——
Conversion Of Stock Amount Issued1	$2.1M—	——	——	$93.15K—
Foreign	$504K—	——	——	——
Gain (loss) on available-for-sale debt securities	——	——	——	——
Debt Securities, Trading, Unrealized Loss	$1.02M—	——	——	——
Deferred Federal, State and Local, Tax Expense (Benefit)	-$16K—	——	——	——
Deferred Foreign Income Tax Expense Benefit	-$16K—	——	——	——
Depreciation	$946.29K+57.2%	$602K-28.7%	$844.83K+88.0%	$449.46K+287%
Derivative, Gain (Loss) on Derivative, Net	——	——	——	——
Discount Rate	——	——	——	——
Effect Of Deconsolidation Of Subsidiary	——	——	——	——
Effect of exchange rate changes on cash, cash equivalents and restricted cash	$585K—	——	——	——
Effective Income Tax Rate Change In Fair Value Of Warrant Liability Net Percentage	——	——	——	——
Income taxes at U.S. statutory rate of 21%	——	——	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent	——	——	——	——
Foreign operations	——	——	——	——
Nontaxable or nondeductible items	——	——	——	——
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent	——	——	——	——
State income taxes – net of federal income tax benefit	——	——	——	——
Effective Income Tax Rate Reconciliation Tax Settlements State And Local	——	——	——	——
Effective Income Tax Rate Transaction Costs Percentage	——	——	——	——
Fair Value Of Government Grant Liability	$204K+115%	$95K—	——	——
Gains (losses) - FVO: changes in fair value	——	——	——	——
Finance Lease Right Of Use Asset Amortization	——	——	——	——
Gain (Loss), Foreign Currency Transaction, before Tax	——	-$88K+78.9%	-$416.22K—	——
Foreign Income Tax Expense Benefit Continuing Operations	$488K—	——	——	——
Gain Loss On Acquisition Of Variable Interest Entity	——	——	——	——
Gain Loss On Fair Value Hedges Recognized In Earnings	——	——	——	——
Gain Loss On Sale Of Property Plant Equipment	——	——	——	——
Gain (Loss) on Disposition of Stock in Subsidiary	——	——	——	——
Goodwill Additions	——	——	$2.14M—	——
Translation and other	——	——	——	——
Income Loss From Continuing Operations Before Income Taxes Domestic	-$116.73M-351%	-$25.87M—	——	——
Income Loss From Continuing Operations Before Income Taxes Foreign	-$16.17M-33.2%	-$12.14M—	——	——
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	$4.21M—	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	-$27.91M—	——	——	——
Share-based compensation	-$1.52M—	——	——	——
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	$1.34M—	——	——	——
Income Tax Reconciliation Transaction Costs	$919K—	——	——	——
Accounts payable	$4.46M+286%	$1.16M—	——	——
Increase (Decrease) in Accounts Receivable	$13.6M—	——	——	——
Increase in accrued expenses and other liabilities	$22.1M+1,818%	$1.15M—	——	$2.13M+234%
Increase Decrease In Deferred Liabilities	——	——	——	——
Deferred revenue	——	——	——	——
Increase (Decrease) in Inventories	$4.84M-11.5%	$5.47M+469%	-$1.48M-244%	$1.03M+679%
Short- and long-term operating lease liabilities	-$1.47M—	——	-$812.25K-18.7%	-$684.21K—
Increase (Decrease) in Other Current Assets	——	-$491.26K-218%	$415.22K—	——
Increase (Decrease) in Other Operating Assets	$725K+1,033%	$64K—	——	——
Other liabilities	——	——	——	——
Increase (Decrease) in Prepaid Expense and Other Assets	——	——	——	——
Increase Decrease In Right Of Use Asset	——	$272K—	——	——
Interest Paid, Excluding Capitalized Interest, Operating Activity	$41K+86.4%	$22K-87.5%	$176.54K—	——
Issuance Of Shares In Exchange For Shares Of OAS Net Of Costs	——	——	——	——
Loss Recognized	——	——	——	——
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders	$3.5M—	——	——	——
Changes in noncontrolling interests	——	——	——	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$862.65M+1,619%	$50.18M+168%	$18.73M-44.7%	$33.86M-19.1%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$260.13M—	——	——	-$6.93M+32.1%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	-$38.75M-15.8%	-$33.47M+1.6%	-$34.02M+10.4%	-$37.96M-125%
Net I Loss Attributable To Noncontrolling Interest	——	——	——	——
Net Income Loss Attributable To Noncontrolling Interests	$99K—	——	——	——
Net Income (Loss) Attributable to Parent, Diluted	——	——	——	——
Net Loss Of Non Controlling Interest	——	——	——	——
Net Proceeds	——	——	——	——
Noncontrolling Interest Initial Recognition Amount	$3.9M—	——	——	——
Noncontrolling Interest Related To Acquisitions	$3.89M—	——	——	——
Number Of Percentage	——	——	——	——
Number of reportable segments	——	——	——	——
Operating lease right-of-use assets amortization expense	$1.23M+36.5%	$902.85K-14.9%	$1.06M+27.2%	$833.94K+175%
Foreign currency translation	——	——	——	——
Foreign currency translation gains (losses)	$393K—	——	——	——
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax	$352K—	——	——	——
Other comprehensive income/(loss)	——	——	——	——
Other Noncash Expense	$331K—	——	——	——
Other income, net (Note 6)	——	-$20K—	——	-$3.81M—
Other Payments To Acquire Businesses	$169K—	——	——	——
Payment Of Deconsolidation Of Affiliate Cash	——	——	——	——
Payments for Advance to Affiliate	——	——	——	——
Payment for (Proceeds from) Other Investing Activity	——	——	——	——
Payments of Debt Issuance Costs	$11K-78.9%	$52.16K—	——	——
Payments On Government Grant Liability	$342K+23.5%	$277K—	——	——
Payments to Acquire Equity Securities, FV-NI	——	——	——	——
Payments to Acquire Property, Plant, and Equipment	$2.03M—	——	——	——
Payments to Acquire Short-Term Investments	$15.43M—	——	——	——
Percentage Of Controlling Interest	——	——	——	——
Preferred Dividends Attributable To Redeemable Noncontrolling Interest	$1.56M+3.7%	$1.5M—	——	——
Principal Outstanding Amountof Convertible Debt	$51.2M—	——	——	——
Maturities of convertible senior notes	——	——	——	$27.7M—
Proceeds From Government Grant	——	——	$189.75K—	——
Proceeds From Issuance Initial Public Offering	——	——	——	——
Proceeds from Issuance of Common Stock	——	——	——	——
Issuance of debt	——	——	——	——
Dispositions of property, plant, and equipment	——	$1K—	——	——
Short-term investments sold	——	——	——	——
Cash received from option exercises	——	——	——	$64.91K-95.6%
Provision For Obsolete Inventory	$923K+663%	$121K—	——	——
Public Offering Price Per Share	——	——	——	——
Recognition Of Redeemable Noncontrolling Interest In Business Acquisition	$5.64M—	——	——	——
Recognized Interest Expense	——	——	——	——
Recognized Loss	——	——	——	——
Recognized Uncertain Income Tax Percentage	——	——	——	——
Redeemable Preferred Stock Dividends	$1.56M+3.7%	$1.5M—	——	——
Repayments of Notes Payable	$29K—	——	——	——
Royalty Bearing Sales Of Developed Products	——	——	——	——
Royalty Payments Percentage	——	——	——	——
Stock-based compensation	$16.02M+1,166%	$1.27M—	——	$5.86M+80.0%
Share Based Compensation Arrangement By Share Based Payment Award Options Canceled In Period	——	——	——	——
Granted (in shares)	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period	——	——	——	——
Options canceled (in dollars per share)	——	——	——	——
Granted (in shares)	——	——	——	——
Share Based Compensation Arrangements By Share Based Payment Award Options Canceled In Period Weighted Average Exercise Price	——	——	——	——
Exercised (in shares)	——	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	——	——	——	——
Stock Issued During Period Value Acquisitions	$34.82M—	——	——	——
Stock Issued During Period, Value, Conversion of Convertible Securities	$50.22M—	——	$9.85M—	——
Stock Issued During Period Value Deemed Contribution	——	——	——	——
Issuance of common stock in connection with the Spin-Off and reclassification of net parent investment	$3.41M—	——	——	——
Stock Issued During Period Value Preferred Dividends Attributable To Redeemable Noncontrolling Interest	-$1.56M-3.7%	-$1.5M—	——	——
Restricted stock acquisition consideration	$30.84M+53,067%	$58K—	——	——
Stock Issued During Period Value Settlement Of Redeemable Noncontrolling Interest	——	——	——	——
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture	——	——	$1.05M-82.1%	$5.86M+80.0%
Preferred stock redeemed	——	——	——	——
Stock Repurchased During Period Shares	——	——	——	——
Undistributed Earnings (Loss) Allocated to Participating Securities, Diluted	——	——	——	——
Undistributed Earnings Loss Allocated To Participating Securities Basic	——	——	——	——
Undistributed Earnings Loss Available To Common Shareholders Basic	——	——	——	——
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$18.38M+114%	$8.59M-78.3%	$39.68M+170%	$14.69M+791%
Warrant Liabilities	——	——	——	——
Warrants In Relation To Convertible Notes Payable With Respect To Ondas Networks	——	——	——	——
Warrants In Relation To Sale Of Common Stock	——	$2.2M—	——	——
Weighted Average Number Of Diluted Shares Outstandings	——	——	——	——
Weighted Average Number Of Shares Outstandings Basic	——	——	——	——
EBIT	-$58.38M-68.7%	-$34.61M+12.9%	-$39.73M+42.8%	-$69.43M-286%
EBITDA	-$57.44M-86.2%	-$30.85M+11.2%	-$34.74M+47.0%	-$65.58M-298%
EBITDA	-$57.44M-86.2%	-$30.85M+11.2%	-$34.74M+47.0%	-$65.58M-298%
EBITDA margin	-113.2%+316pp	-428.8%-207pp	-221.4%+2,864pp	-3,084.9%-2,518pp
EBIT	-$58.38M-68.7%	-$34.61M+12.9%	-$39.73M+42.8%	-$69.43M-286%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Ondas, Inc. 's profit margins?: Gross margin is 44.8% and operating margin is -93.9%, with a 253.3% net margin.
Where does Ondas, Inc. 's income statement data come from?: Every line is extracted from Ondas, Inc. 's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.