Ondas (ONDS)

NasdaqMarket Closed

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.

9.77USD
9.62 USD
+0.03(+0.31%)
Pre-market

Last updated

Market Cap
$5,048,770,067
P/E
37.15
P/FCF
P/S
52.26
Enterprise Value
$4,027,136,067
Sector
Information Technology
Industry
Communications Equipment
Address
222 LAKEVIEW AVENUE, WEST PALM BEACH, FL, 33401
Market Cap
$5,048,770,067
Enterprise Value
$4,027,136,067
P/E
37.15
P/B
4.7
P/S
52.26
EV / EBITDA
-51.01
EV / Sales
41.69
EPS
0.24
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$86,579,869
ROE
12.65%
ROA
5.57%
Debt / Equity
0
Current Ratio
10.84
Quick Ratio
10.61
Cash
6.87
Avg Volume
$96,342,204
Fundamentals Snapshot Price
8.86

Income Statement

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Revenue50.12M30.11M10.1M6.27M4.25M
Cost of revenue25.46M17.38M7.49M2.94M2.76M
Gross profit24.66M12.73M2.6M3.33M1.49M
Operating income-42.67M-23.32M-15.5M-9.25M-10.31M
EBITDA-36.38M-20.34M-14.22M-8M-9.07M
Net income257.74M-101.03M-8.78M-12.02M-15.34M
Income taxes245K180.54K307.46K
Interest expense-338K-702.18K-444.45K-1.56M-3.87M
Other operating expenses00000
Total operating expenses67.33M36.05M18.11M12.58M11.8M
Basic EPS0.58-0.41-0.03-0.08-0.15
Diluted EPS0.56-0.41-0.03-0.08-0.15

Balance Sheet

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Total assets2.44B1.13B550.15M151.95M104.6M
Total liabilities1.36B661.23M39.78M39.29M57.95M
Total equity1.08B441.82M487.22M90.82M26.08M
Cash & equivalents1.03B550.74M432.82M67.57M25.36M
Current assets1.63B685.9M478.88M91.21M43.4M
Current liabilities149.32M141.82M31.31M31.49M50.42M
Accounts payable87.43M47.84M8.38M4.77M4.5M
Receivables45.3M22.36M5.22M5.38M1.91M
Inventories34.29M21.96M12.52M11.19M10.55M
Goodwill381.84M251.81M34.77M27.75M27.75M
Long-term debt3.6M3.83M300K300K318.96K

Cash Flow

Line Item2026 Q12025 Q42025 Q32025 Q22025 Q1
Operating cash flow-51.3M-12.73M-10.95M-8.4M-6.66M
Investing cash flow-474.17M-241.39M-18.44M-110.8K-195K
Financing cash flow968.47M414.5M394.23M51.66M2.27M
Change in cash443M160.38M364.84M43.14M-4.59M
Net income361.25M-101.01M-7.48M-10.75M-14.14M
KindFilingDateLink
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
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
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 index144 — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
form 4Form 4 — Brock Eric AView Filing
edgar index4 — Ondas Inc.View Filing
form 4Form 4 — LAIRD NEIL JView Filing
form 4Form 4 — Brock Eric AView Filing
form 4Form 4 — Brock Eric AView Filing
form 4Form 4 — Brock Eric AView Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
edgar indexS-8 — Ondas Inc.View Filing
form 4Form 4 — COHEN RICHARD MView Filing
form 4Form 4 — Seidl RandyView Filing
form 4Form 4 — SOOD JASPREET KView Filing
edgar index424B7 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
edgar indexDEFA14A — Ondas Inc.View Filing
edgar index4 — Ondas Inc.View Filing
edgar index8-K — Ondas Inc.View Filing
edgar index424B7 — 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
edgar index144 — Ondas Inc.View Filing
edgar index144 — Ondas Inc.View Filing
edgar index144 — Ondas Inc.View Filing
edgar index144 — Ondas Inc.View 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 — Huston Robert PatrickView Filing
form 4Form 4 — Huston Robert PatrickView Filing