What is Ondas, Inc. 's net income (NCI)?

Ondas, Inc. (ONDS) reported net income (NCI) of -$1.7M in Q1 2026.

How has Ondas, Inc. 's net income (NCI) changed year-over-year?

Ondas, Inc. 's net income (NCI) decreased by 423.7% year-over-year, from -$324.25K to -$1.7M.

What does net income (NCI) mean?

The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.

Ondas, Inc. ONDS Net Income (NCI)

Net Income (NCI) at other companies

AeroVironmentAVAV

$11.25K+1,400%

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%

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 / equity0×-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:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest.

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 net income (NCI)?: Ondas, Inc. (ONDS) reported net income (NCI) of -$1.7M in Q1 2026.
How has Ondas, Inc. 's net income (NCI) changed year-over-year?: Ondas, Inc. 's net income (NCI) decreased by 423.7% year-over-year, from -$324.25K to -$1.7M.
What does net income (NCI) mean?: The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.