Ondas (ONDS)

NasdaqMarket Open

Ondas Inc. is a technology company that provides private wireless networking systems and autonomous drone solutions for industrial, commercial, and government customers. The business is organised around two main segments: Ondas Networks and Ondas Autonomous Systems. Together, these units target markets that require secure, reliable connectivity and automated data collection in environments where conventional consumer-grade communications or manual inspection methods may be inadequate.

Ondas Networks develops FullMAX, a software-defined radio platform used for mission-critical industrial communications. The technology is associated with private broadband wireless networks and is aimed at sectors such as rail, utilities, energy, and other infrastructure-heavy industries. These customers often require dedicated networks capable of supporting operational data, remote monitoring, and machine-to-machine communications over large geographic areas.

Ondas Autonomous Systems focuses on automated aerial platforms, including the Optimus system, with revenue generated from system sales as well as support, maintenance, and related services. Autonomous drones can be used for security, inspection, public safety, and monitoring applications, particularly where repeatable, remote, or rapid-response aerial operations are valuable. This segment accounts for the company’s largest revenue contribution.

Ondas operates internationally, with activity in markets including Israel, Germany, the United Arab Emirates, the United States, and other countries. Israel represents its largest revenue source. As a listed small-cap technology stock, ONDS is tied to the adoption of industrial private networks and drone automation, as well as the company’s ability to convert specialised technology into recurring commercial deployments.

7.63USD
−0.06(-0.78%)

Last updated

Market Cap
$4,348,769,932
P/E
73.29
P/FCF
P/S
24.98
Enterprise Value
$3,697,271,932
Sector
Information Technology
Industry
Communications Equipment
Address
222 LAKEVIEW AVENUE, WEST PALM BEACH, FL, 33401
Market Cap
$4,348,769,932
Enterprise Value
$3,697,271,932
P/E
73.29
P/B
2.77
P/S
24.98
EV / EBITDA
-17.25
EV / Sales
21.24
EPS
0.1
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$171,922,371
ROE
3.78%
ROA
1.98%
Debt / Equity
0
Current Ratio
9.85
Quick Ratio
9.53
Cash
4.03
Avg Volume
$72,363,401
Fundamentals Snapshot Price
7.61

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue83.77M50.12M30.11M10.1M6.27M
Cost of revenue47.64M25.46M17.38M7.49M2.94M
Gross profit36.13M24.66M12.73M2.6M3.33M
Operating income-162.95M-42.67M-23.32M-15.5M-9.25M
EBITDA-143.37M-36.38M-20.34M-14.22M-8.01M
Net income-88.59M257.74M-101.03M-8.78M-12.02M
Income taxes-29.05M245K180.54K307.46K0
Interest expense-1.04M-338K-702.18K-444.45K-1.56M
Other operating expenses19.23M0000
Total operating expenses199.08M67.33M36.05M18.11M12.58M
Basic EPS-0.180.58-0.27-0.03-0.08
Diluted EPS-0.190.56-0.27-0.03-0.08

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets2.99B2.44B1.13B550.15M151.95M
Total liabilities1.42B1.36B661.23M39.78M39.29M
Total equity1.58B1.08B441.82M487.22M90.82M
Cash & equivalents657.91M1.03B550.74M432.82M67.57M
Current assets1.61B1.63B685.9M478.88M91.21M
Current liabilities163.08M149.32M141.82M31.31M31.49M
Accounts payable114.95M87.43M47.84M8.38M4.77M
Receivables72.25M45.3M22.36M5.22M5.38M
Inventories52.03M34.29M21.96M12.52M11.19M
Goodwill661.36M381.84M251.81M34.77M27.75M
Long-term debt4.13M3.6M3.83M300K300K

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow-86.08M-51.3M-12.73M-10.95M-8.4M
Investing cash flow-288.89M-474.17M-241.39M-18.44M-111K
Financing cash flow2.94M968.47M414.5M394.23M51.66M
Change in cash-372.03M443M160.38M364.84M43.14M
Net income-89.7M361.25M-101.01M-7.48M-10.75M
KindFilingDateLink
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexD — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
edgar index144 — Ondas Inc.View Filing
form 4Form 4 — COHEN RICHARD MView Filing
edgar index4 — Ondas Inc.View Filing
edgar index144 — Ondas Inc.View Filing
edgar index144 — Ondas Inc.View Filing
edgar index144 — Ondas Inc.View Filing
edgar index144 — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
form 4Form 4 — LAIRD NEIL JView Filing
form 4Form 4 — LAIRD NEIL JView Filing
form 4Form 4 — LAIRD NEIL JView Filing
form 4Form 4 — LAIRD NEIL JView Filing
form 4Form 4 — LAIRD NEIL JView Filing
form 4Form 4 — SOOD JASPREET KView Filing
form 4Form 4 — SOOD JASPREET KView Filing
form 4Form 4 — SOOD JASPREET KView Filing
form 4Form 4 — SOOD JASPREET KView Filing
form 4Form 4 — SOOD JASPREET KView Filing
form 4Form 4 — SOOD JASPREET KView Filing
form 4Form 4 — Huston Robert PatrickView Filing
form 4Form 4 — Huston Robert PatrickView Filing
form 4Form 4 — Huston Robert PatrickView Filing
form 4Form 4 — COHEN RICHARD MView Filing
form 4Form 4 — COHEN RICHARD MView Filing
form 4Form 4 — COHEN RICHARD MView Filing
form 4Form 4 — COHEN RICHARD MView Filing
form 4Form 4 — COHEN RICHARD MView Filing
form 4Form 4 — COHEN RICHARD MView Filing
edgar index8-K — Ondas Inc.View Filing
edgar index10-Q — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K/A — Ondas Inc.View Filing
edgar indexS-8 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
edgar index424B7 — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13G — Ondas Inc.View Filing
edgar indexSCHEDULE 13G — Ondas Inc.View Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexD — Ondas Inc.View Filing
edgar indexSCHEDULE 13G — Ondas Inc.View Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Seidl RandyView Filing
form 4Form 4 — Seidl RandyView Filing
form 4Form 4 — Seidl RandyView Filing
form 4Form 4 — Seidl RandyView Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing