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Ondas, Inc. ONDS Total Revenue

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Segments

By geography

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Europe$12.07M
Asia$12M
North America$3.31M+1,434%
Other Countries$835K+7,491%

By product

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Product Revenue$38.37M+1,090%
Service Revenue$9.32M
Service And Subscription Revenue$4.59M+417%
Development Revenue$2.43M+1,031%

Other financials

Income statement

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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:Revenues.

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 revenue?
Ondas, Inc. (ONDS) reported total revenue of $50.12M in Q1 2026.
How has Ondas, Inc.'s total revenue changed year-over-year?
Ondas, Inc.'s total revenue increased by 1079.9% year-over-year, from $4.25M to $50.12M.
What is the long-term trend for Ondas, Inc.'s total revenue?
Over 4 years (2021 to 2025), Ondas, Inc.'s total revenue has grown at a 104.4% compound annual growth rate (CAGR), from $2.91M to $50.73M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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