Ondas, Inc. ONDS Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 44.8%+24.2pp | 39.7%+34.9pp | 33.6%+18.7pp | 35.7%+17.2pp | 20.6%-15.5pp | |
| Operating margin | -93.9%+237pp | -115.1%+366pp | -176.1%+307pp | -227.7%+163pp | -330.9%-67.0pp | |
| Net margin | 253.3%+644pp | -260.7%+268pp | -172.5%+348pp | -277.4%+152pp | -390.8%-97.3pp | |
| EBITDA margin | -92.4%+213pp | -113.2%+316pp | -173.1%+249pp | -216.6%+121pp | -305.3%-77.4pp | |
| Free cash flow margin | -89.6%+218pp | -80.4%+408pp | -139.8%+271pp | -197.6%+137pp | -307.8%-89.8pp | |
| Returns | ||||||
| Return on equity | 44.5%+201pp | -58.2%+94.7pp | -17%+122pp | -81.2%+33.7pp | -157%-58.6pp | |
| Return on assets | 19.2%+62.3pp | -21.3%+16.4pp | -13.5%+32.7pp | -108.5%-61.1pp | -43.1%+0.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.4×+0.3× | 0.1×0.0× | |
| Inventory turnover | 2.4×+1.2× | 1.9×+0.8× | 1.5×+0.3× | 1.3×-0.6× | 1.2×-2.1× | |
| Liquidity | ||||||
| Current ratio | 10.9×+10.1× | 4.8×+3.9× | 15.3×+14.9× | 2.9×+2.5× | 0.9×+0.2× | |
| Quick ratio | 10.7×+10.0× | 4.7×+3.9× | 14.9×+14.7× | 2.5×+2.3× | 0.7×+0.1× | |
| Cash ratio | 6.9×+6.4× | 4.2×+3.6× | 13.8×+13.8× | 2.2×+2.0× | 0.5×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0×-1.4× | 0×-2.3× | 0×-2.2× | 0.2×-0.1× | 1.4×0.0× | |
| Debt-to-assets | 0×-0.3× | 0×-0.3× | 0×-0.4× | 13,090,083.2×+13,090,083× | 0.3×-0.1× | |
| Interest coverage | -29.8×-24.5× | -8.9×+0.7× | -6.1×+5.6× | -4.9×+5.9× | -5.3×+6.1× | |
| Per Share | ||||||
| Book value per share | $2.33+836% | $1.97+732% | $1.87+787% | $0.60+106% | $0.25-43.6% | |
| Valuation | ||||||
| Market capitalization | $4.24B+3,648% | $3.71B+1,594% | $2.52B+4,248% | $285.5M+643% | $113.14M+77.9% | |
| Enterprise value | $3.22B+2,507% | $3.13B+1,277% | $2.1B+2,259% | $233.31M+486% | $123.36M+40.8% | |
| Price / sales | 43.9×+33.4× | 73×+42.6× | 102×+94.7× | 17.7×+13.5× | 10.5×+5.8× | |
| Price / book | 3.9×-0.4× | 8.5×-4.7× | 5.2×+1.3× | 3.1×+1.2× | 4.3×+2.0× | |
| EV / sales | 33.3×+21.9× | 61.6×+30.1× | 84.9×+73.8× | 14.5×+10.1× | 11.4×+5.0× | |
| Free cash flow yield | -2%+27.4pp | -1.1%+14.9pp | -1.4%+55.5pp | -11.2%+69.1pp | -29.4%+17.6pp | |
| Earnings yield | 5.8%+43.1pp | -3.6%+13.8pp | -1.7%+70.3pp | -15.7%+87.3pp | -37.4%+25.9pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Ondas, Inc. 's profit margins?
- Ondas, Inc. (ONDS) runs a 44.8% gross margin and a -93.9% operating margin, with a 253.3% net margin.
- Where do Ondas, Inc. 's ratios come from?
- Every ratio is computed from Ondas, Inc. 's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.