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Ondas, Inc. ONDS Minority Interest Decrease From Distributions To Noncontrolling Interest Holders

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Ondas, Inc. logo
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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:MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders.

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

As of December 31, 2025, the total outstanding balance of the SPO Convertible Capital Notes subject to repayment or conversion by noncontrolling interest holders was $3.5 million. For the year ended December 31, 2025, the Company recognized $329 thousand of accretion, which is included in Interest expense on the Consolidated Statements of Operations.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Ondas, Inc.'s minority interest decrease from distributions to noncontrolling interest holders?
Ondas, Inc. (ONDS) reported minority interest decrease from distributions to noncontrolling interest holders of $875K in Q4 2025.
What does minority interest decrease from distributions to noncontrolling interest holders mean?
The reduction in the carrying value of noncontrolling interests resulting from cash or asset distributions made to minority shareholders. This tracks the outflow of value to partners in consolidated subsidiaries.

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