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Ondas, Inc. ONDS State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

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-2.5%-3.4pp

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 / 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:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: Ondas, Inc. ’s 10-K, filed March 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ondas, Inc. 's state income taxes – net of federal income tax benefit?
Ondas, Inc. (ONDS) reported state income taxes – net of federal income tax benefit of 1.3% in Q4 2024.
What does state income taxes – net of federal income tax benefit mean?
Measures the percentage impact of state and local income taxes on the overall effective tax rate. It provides visibility into the geographic tax burden and the influence of sub-national tax regimes on the company's bottom line.