ONDS
Company Description
Ondas Holdings Inc., through its subsidiaries, provides private wireless, drone, and automated data solutions. The company operates in two segments, Ondas Networks and American Robotics. The company designs, develops, manufactures, sells, and supports FullMAX, a software defined radio (SDR) platform for wide-area broadband networks. Its FullMAX SDR platform enables secure and reliable industrial-grade connectivity for truly mission-critical applications. The company also offers Scout Drone, an AI-powered drone with imaging payloads; the ScoutBase, a ruggedized base station for housing, charging, data processing, and cloud transfer; and ScoutView, an American robotics analytics and user interface software package. It serves users in rail, energy, mining, agriculture, and critical infrastructure markets in the United States and internationally. The company is headquartered in Waltham, Massachusetts.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 50.73M | 7.19M | 15.69M | 2.13M | 2.91M | 2.16M | 320,383 | 190,029 | 2,846 | 5,512 | 3,891 | 2.02M |
| Net Income | (132.02M) | (38.01M) | (44.84M) | (73.24M) | (15.02M) | (13.48M) | (19.39M) | (12.10M) | (44,663) | (34,580) | (19,775) | (1.56M) |
| EPS | -0.62 | -0.61 | -0.88 | -1.73 | -0.44 | -0.66 | -1.27 | -0.72 | -0.00 | -0.00 | -0.00 | -1.02 |
| Free Cash Flow | (40.78M) | (35.20M) | (34.30M) | (40.89M) | (17.92M) | (7.57M) | (15.02M) | (9.11M) | (45,602) | (28,992) | N/A | N/A |
| FCF / Share | -0.18 | -0.50 | -0.65 | -0.97 | -0.52 | -0.37 | -0.85 | -0.54 | -0.00 | -0.00 | N/A | N/A |
| Operating CF | (38.75M) | (33.47M) | (34.02M) | (37.96M) | (16.90M) | (7.53M) | (14.66M) | (8.52M) | (45,602) | (28,992) | N/A | N/A |
| Total Assets | 1.14B | 109.62M | 92.16M | 97.95M | 117.44M | 28.51M | 4.26M | 2.66M | 8,127 | 5,660 | N/A | N/A |
| Total Debt | 12.49M | 60.31M | 35.29M | 33.39M | 1.81M | 8.03M | 11.19M | 14.25M | 77,133 | 52,503 | N/A | N/A |
| Cash & Equiv | 594.36M | 29.96M | 14.98M | 29.78M | 40.82M | 26.06M | 2.15M | 1.13M | 3,410 | 2,382 | N/A | N/A |
| Book Value | 437.36M | 16.58M | 33.14M | 58.22M | 112.23M | 15.08M | (12.43M) | (14.88M) | (77,506) | (54,843) | N/A | N/A |
| Return on Equity | -0.30 | -2.29 | -1.35 | -1.26 | -0.13 | -0.89 | N/A | N/A | N/A | N/A | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 50.12M | 30.11M | 10.10M | 6.27M | 4.25M | 4.13M | 1.48M | 957,851 | 625,009 | 4.96M | 2.67M | 5.47M |
| Net Income | 361.25M | (99.66M) | (7.47M) | (10.75M) | (14.14M) | (10.34M) | (9.53M) | (8.27M) | (9.88M) | (14.14M) | (7.29M) | (8.96M) |
| EPS | 0.77 | -0.27 | -0.03 | -0.08 | -0.15 | -0.14 | -0.15 | -0.14 | -0.17 | -0.26 | -0.15 | -0.18 |
| Free Cash Flow | (52.63M) | (13.01M) | (11.15M) | (8.51M) | (6.85M) | (8.18M) | (8.41M) | (9.91M) | (8.67M) | (6.03M) | (6.27M) | (9.06M) |
| FCF / Share | -0.12 | -0.03 | -0.04 | -0.06 | -0.07 | -0.10 | -0.12 | -0.15 | -0.14 | -0.11 | -0.12 | -0.18 |
| Operating CF | (51.30M) | (12.73M) | (10.95M) | (8.40M) | (6.66M) | (8.11M) | (9.09M) | (8.82M) | (7.46M) | (5.91M) | (6.24M) | (9.13M) |
| Total Assets | 2.45B | 1.14B | 550.15M | 151.95M | 104.60M | 109.62M | 80.16M | 82.52M | 91.62M | 92.16M | 100.65M | 84.56M |
| Total Debt | 3.84M | 12.49M | 17.97M | 23.21M | 42.35M | 60.31M | 36.53M | 35.87M | 35.75M | 35.29M | 33.54M | 25.32M |
| Cash & Equiv | 1.03B | 594.36M | 432.82M | 67.57M | 25.36M | 29.96M | 2.83M | 4.93M | 14.55M | 14.98M | 20.97M | 3.06M |
| Book Value | 1.07B | 437.36M | 486.08M | 90.82M | 26.08M | 16.58M | 14.92M | 19.39M | 27.76M | 33.14M | 45.20M | 49.52M |
| Return on Equity | 0.34 | -0.23 | -0.02 | -0.12 | -0.54 | -0.62 | -0.64 | -0.43 | -0.36 | -0.43 | -0.16 | -0.18 |
