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Ondas, Inc. ONDS EE — PP&E (Net)

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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$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:PropertyPlantAndEquipmentNet.

The source filing: Ondas, Inc.’s 10-K, filed March 30, 2026.

Filed
Mar 30, 2026, 8:07 AM EDT
Fiscal year
FY2025
Accession
0001213900-26-035981

Depreciation expense for the years ended December 31, 2025 and 2024 was $946 thousand and $602 thousand, respectively. For the years ended December 31, 2025 and 2024, the Company recognized a loss on disposal of machinery and equipment of $0 thousand and $2 thousand, respectively, which is included in Other income (expense), net in the Company’s Consolidated Statements of Operations. As of December 31, 2025, there was $8.4 million and $32 thousand of net property and equipment located in Israel and Estonia, respectively.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ondas, Inc.'s EE — PP&E (net)?
Ondas, Inc. (ONDS) reported EE — PP&E (net) of $32K in Q4 2025.
What does EE — PP&E (net) mean?
This metric represents the net book value of tangible assets, such as machinery, equipment, and facilities, specifically allocated to the EE geographic segment. It reflects the capital investment required to support operations, manufacturing, and service delivery within this specific region. Monitoring this balance helps investors assess the asset intensity and infrastructure commitment necessary to sustain the segment's revenue-generating activities.

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