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Ondas, Inc. ONDS Total Cost of Revenue

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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$4.98B+733%
Enterprise value$3.96B+625%
P/E20.4×
P/S51.6×+14.5×

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:CostOfRevenue.

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
Line itemThree Months Ended, / March 31, 2026Three Months Ended, / March 31, 2025
Revenues, net$50,122$4,248
Cost of goods sold25,4642,760
Gross profit24,6581,488
Operating expenses:
General and administrative43,3165,909
Sales and marketing10,4942,430
Research and development13,5193,459
Total operating expenses67,32911,798

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ondas, Inc.'s total cost of revenue?
Ondas, Inc. (ONDS) reported total cost of revenue of $25.46M in Q1 2026.
How has Ondas, Inc.'s total cost of revenue changed year-over-year?
Ondas, Inc.'s total cost of revenue increased by 822.6% year-over-year, from $2.76M to $25.46M.
What is the long-term trend for Ondas, Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), Ondas, Inc.'s total cost of revenue has grown at a 102.7% compound annual growth rate (CAGR), from $1.81M to $30.58M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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