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Ondas, Inc. ONDS Net Income (NCI)

Net Income (NCI) at other companies

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

Valuation

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Market cap$5.19B+743%
Enterprise value$4.17B+639%
P/E21.2×
P/S53.7×+15.6×

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:ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest.

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
Available-for-sale investments:
Unrealized gain (loss), net(383)-
Comprehensive income (loss)$360,567$(14,136)
Comprehensive income (loss) attributable to:
Comprehensive loss attributable to noncontrolling interests(1,698)-
Foreign currency translation adjustments attributable to noncontrolling interests8-
Noncontrolling interests(1,690)-
Comprehensive income (loss) attributable to Ondas Inc. stockholders$362,257$(14,136)

ITEM 1. FINANCIAL STATEMENTS

FAQ

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.

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