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Ondas, Inc. ONDS Net Income Loss Attributable To Noncontrolling Interests

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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 onds:NetIncomeLossAttributableToNoncontrollingInterests.

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

On October 27, 2025, the Company completed the acquisition of a controlling interest of 51% in Insight and recognized a noncontrolling interest for the remaining 49%. For the three months ended March 31, 2026, the Company attributed $111 thousand of Insight’s net loss and $1 thousand of foreign currency translation losses to the noncontrolling interest in Insight. As of March 31, 2026 and December 31, 2025, the carrying value of the noncontrolling interest in Insight was $3.7 million and $3.8 million, respectively.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ondas, Inc.'s net income loss attributable to noncontrolling interests?
Ondas, Inc. (ONDS) reported net income loss attributable to noncontrolling interests of $111K in Q1 2026.
How has Ondas, Inc.'s net income loss attributable to noncontrolling interests changed year-over-year?
Ondas, Inc.'s net income loss attributable to noncontrolling interests increased by 348.5% year-over-year, from $24.75K to $111K.
What does net income loss attributable to noncontrolling interests mean?
The share of a consolidated entity's net income or loss that is allocated to minority shareholders. This metric is essential for isolating the parent company's true earnings from the total consolidated results.

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