Ondas (ONDS)
Builds autonomous defense systems and private wireless networks for government and industrial customers.
$7.61
vs last close+0.23 (+3.15%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 5 | 1 | 1 | 1 | 4 | 4 | 6 | 10 | 30 | 50 | 84 |
| Cost of revenue | 2 | 3 | 1 | 1 | 1 | 3 | 3 | 3 | 7 | 17 | 25 | 48 |
| Gross profit | 1 | 2 | 0 | 0 | 0 | 1 | 1 | 3 | 3 | 13 | 25 | 36 |
| 6 | 14 | 9 | 8 | 9 | 9 | 12 | 13 | 18 | 36 | 67 | 199 | |
| Research & development | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 9 | 14 | 31 |
| 4 | 10 | 5 | 5 | 6 | 6 | 8 | 8 | 14 | 27 | 54 | 149 | |
| Selling & marketing | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 5 | 10 | 21 |
| General & administrative | 3 | 8 | 4 | 4 | 4 | 5 | 6 | 6 | 11 | 22 | 43 | 128 |
| Other expenses | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19 |
| Operating income | −6 | −13 | −9 | −8 | −9 | −9 | −10 | −9 | −16 | −23 | −43 | −163 |
| −1 | −1 | −1 | 0 | −1 | −2 | −4 | −2 | 8 | −78 | 404 | 44 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 7 | 12 | 0 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 0 | 1 | 0 | 1 |
| Other non-operating income | 0 | −2 | 0 | −1 | 0 | 1 | 0 | 0 | −9 | 77 | −405 | 45 |
| Income before tax | −7 | −14 | −10 | −8 | −10 | −10 | −14 | −11 | −7 | −101 | 361 | −119 |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −29 |
| Net income from continuing operations | −7 | −14 | −10 | −8 | −10 | −10 | −14 | −11 | −7 | −101 | 361 | −90 |
| Net income | −7 | −14 | −10 | −8 | −10 | −10 | −14 | −11 | −7 | −100 | 363 | −88 |
| EPS, basic | −$0.15 | −$0.26 | −$0.17 | −$0.14 | −$0.15 | −$0.14 | −$0.15 | −$0.08 | −$0.03 | −$0.27 | $0.58 | −$0.18 |
| EPS, diluted | −$0.15 | −$0.26 | −$0.17 | −$0.14 | −$0.15 | −$0.14 | −$0.15 | −$0.08 | −$0.03 | −$0.27 | $0.56 | −$0.19 |
| Weighted average shares, basic | 54 | 57 | 63 | 66 | 71 | 80 | 105 | 151 | 260 | 381 | 445 | 501 |
| Weighted average shares, diluted | 54 | 57 | 63 | 66 | 71 | 80 | 105 | 151 | 260 | 381 | 462 | 504 |
| EBITDA | −5 | −10 | −8 | −6 | −7 | −8 | −9 | −8 | −5 | −97 | 369 | −208 |
| Depreciation & amortization | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 2 | 3 | 7 | 0 |
| EBIT | −6 | −11 | −9 | −8 | −9 | −9 | −10 | −9 | −7 | −100 | 362 | −208 |
