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Ondas, Inc. ONDS Less: comprehensive income attributable to noncontrolling interest

Less: comprehensive income attributable to noncontrolling interest 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 less: comprehensive income attributable to noncontrolling interest?
Ondas, Inc. (ONDS) reported less: comprehensive income attributable to noncontrolling interest of -$1.7M in Q1 2026.
How has Ondas, Inc.'s less: comprehensive income attributable to noncontrolling interest changed year-over-year?
Ondas, Inc.'s less: comprehensive income attributable to noncontrolling interest decreased by 423.7% year-over-year, from -$324.25K to -$1.7M.
What does less: comprehensive income attributable to noncontrolling interest mean?
The portion of comprehensive income that is allocated to noncontrolling interests in consolidated subsidiaries. This represents the share of earnings or losses belonging to minority shareholders rather than the parent company. Monitoring this helps distinguish between the parent's performance and the total economic activity of the consolidated group.

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