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Ondas, Inc. ONDS Redeemable noncontrolling interests in subsidiaries

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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$4.82B+3,648%
Enterprise value$3.8B+2,507%
P/E19.7×
P/S49.9×+38.0×

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:RedeemableNoncontrollingInterestEquityCarryingAmount.

The official record: Ondas, Inc. ’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ondas, Inc. 's redeemable noncontrolling interests in subsidiaries?
Ondas, Inc. (ONDS) reported redeemable noncontrolling interests in subsidiaries of $2.45M in Q1 2026.
How has Ondas, Inc. 's redeemable noncontrolling interests in subsidiaries changed year-over-year?
Ondas, Inc. 's redeemable noncontrolling interests in subsidiaries decreased by 88.1% year-over-year, from $20.57M to $2.45M.
What is the long-term trend for Ondas, Inc. 's redeemable noncontrolling interests in subsidiaries?
Over 2 years (2023 to 2025), Ondas, Inc. 's redeemable noncontrolling interests in subsidiaries has grown at a 58.1% compound annual growth rate (CAGR), from $11.92M to $29.8M.
What does redeemable noncontrolling interests in subsidiaries mean?
This represents the portion of equity in a subsidiary that is held by third parties but includes a redemption feature that allows the holder to force the company to buy back the interest. Because of the redemption feature, these interests are often classified outside of permanent equity. It highlights potential future cash outflows required to settle these minority stakes.