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Ondas Holdings Inc. logo

Ondas Holdings Inc.

ONDS

NASDAQTechnologyCommunication Equipment

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Latest quote

$8.245

−$0.465 · -5.34%

Aug 24, 10:08 AM ET

ONDS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

87

Deep Value

Momentum

23

Weakening

Sentiment

68

Bullish

Risk resilience

24

High Risk

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Company profile

Company website

Ondas Holdings Inc. delivers specialized private wireless, uncrewed aerial vehicle (UAV), and automated data solutions through its operating subsidiaries. The company is structured into two main segments: Ondas Networks and American Robotics. Ondas Networks is responsible for the design, development, manufacturing, sales, and support of FullMAX, an advanced software-defined radio (SDR) platform for wide-area broadband communication. This FullMAX SDR system guarantees highly secure, dependable, and robust industrial-grade connectivity vital for mission-critical applications. American Robotics, the second segment, offers a comprehensive automated drone ecosystem. This includes the AI-driven Scout Drone, equipped with imaging capabilities; the durable ScoutBase, which functions as a housing, charging, data processing, and cloud transfer hub; and ScoutView, their dedicated analytics and user interface software package. Ondas caters to a diverse range of critical sectors, including railway systems, energy, mining, agriculture, and essential infrastructure, serving clients both domestically in the United States and internationally. The corporate headquarters for Ondas Holdings Inc. are located in Waltham, Massachusetts.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Eric Ashley Brock
Listed since
Dec 4, 2020
Employees
477

Market position

Volume
7.89M
0.1× average
Average volume
80.64M
Average daily volume
Market cap
4.7B USD
Beta
2.75
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
85.68×
P/B (TTM)
2.63×
P/S (TTM)
26.98×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
43.72%
Operating margin
-140.40%
Net margin
96.25%

Financial health

Debt / equity
0×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends402%-997%-2396%-3795%Gross margin, FY2021: 37.70%Gross margin, FY2022: 52.18%Gross margin, FY2023: 40.67%Gross margin, FY2024: 4.80%Gross margin, FY2025: 39.73%Operating margin, FY2021: -618.34%Operating margin, FY2022: -3266.02%Operating margin, FY2023: -253.19%Operating margin, FY2024: -481.15%Operating margin, FY2025: -115.09%Net margin, FY2021: -516.86%Net margin, FY2022: -3445.35%Net margin, FY2023: -285.79%Net margin, FY2024: -528.39%Net margin, FY2025: -260.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.70%. Gross margin FY2022 52.18%. Gross margin FY2023 40.67%. Gross margin FY2024 4.80%. Gross margin FY2025 39.73%. Operating margin FY2021 -618.34%. Operating margin FY2022 -3266.02%. Operating margin FY2023 -253.19%. Operating margin FY2024 -481.15%. Operating margin FY2025 -115.09%. Net margin FY2021 -516.86%. Net margin FY2022 -3445.35%. Net margin FY2023 -285.79%. Net margin FY2024 -528.39%. Net margin FY2025 -260.23%.

Income trends

Revenue

50.73M USD+605.28%

Operating income

−58.38M USD-68.70%

Net income

−132.02M USD-247.35%
Income trends across reported periods69.01M USD−4.09M USD−77.19M USD−150.29M USDRevenue, FY2021: 2.91M USDRevenue, FY2022: 2.13M USDRevenue, FY2023: 15.69M USDRevenue, FY2024: 7.19M USDRevenue, FY2025: 50.73M USDOperating income, FY2021: −17.97M USDOperating income, FY2022: −69.43M USDOperating income, FY2023: −39.73M USDOperating income, FY2024: −34.61M USDOperating income, FY2025: −58.38M USDNet income, FY2021: −15.02M USDNet income, FY2022: −73.24M USDNet income, FY2023: −44.84M USDNet income, FY2024: −38.01M USDNet income, FY2025: −132.02M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.91M USD. Revenue FY2022 2.13M USD. Revenue FY2023 15.69M USD. Revenue FY2024 7.19M USD. Revenue FY2025 50.73M USD. Operating income FY2021 −17.97M USD. Operating income FY2022 −69.43M USD. Operating income FY2023 −39.73M USD. Operating income FY2024 −34.61M USD. Operating income FY2025 −58.38M USD. Net income FY2021 −15.02M USD. Net income FY2022 −73.24M USD. Net income FY2023 −44.84M USD. Net income FY2024 −38.01M USD. Net income FY2025 −132.02M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue50.73M USD7.19M USD15.69M USD2.13M USD2.91M USD
Cost of goods sold30.58M USD6.85M USD9.31M USD1.02M USD1.81M USD
Gross profit20.16M USD345K USD6.38M USD1.11M USD1.1M USD
Research and development20.88M USD12.48M USD17.15M USD24.04M USD5.8M USD
Selling, general, and administrative57.66M USD22.48M USD27.47M USD27.08M USD13.27M USD
Operating expenses78.54M USD34.95M USD46.11M USD70.54M USD19.07M USD
Interest income9.11M USD235K USD123.87K USD25.54K USD11.58K USD
Interest expense6.58M USD3.62M USD4.15M USD3.76M USD575.69K USD
Depreciation and amortization7.99M USD5.66M USD6.05M USD4.85M USD1.82M USD
Operating income−58.38M USD−34.61M USD−39.73M USD−69.43M USD−17.97M USD
Net income−132.02M USD−38.01M USD−44.84M USD−73.24M USD−15.02M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
+69.00%
11 comparable reports
Latest EPS result
-0.19
Estimate -0.09 · Miss by 111.11%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.90.44-0.02-0.49Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual -0.14, estimate -0.09, surprise -55.56%, Miss. Q2 2025, reported May 15, 2025: actual -0.15, estimate -0.11, surprise -36.36%, Miss. Q3 2025, reported Aug 12, 2025: actual -0.08, estimate -0.11, surprise +27.27%, Beat. Q4 2025, reported Nov 13, 2025: actual -0.06, estimate -0.039, surprise -54.64%, Miss. Q1 2026, reported Mar 23, 2026: actual -0.39, estimate -0.06, surprise -550.00%, Miss. Q2 2026, reported May 14, 2026: actual 0.805, estimate -0.054, surprise +1597.67%, Beat. Q3 2026, reported Aug 13, 2026: actual -0.19, estimate -0.09, surprise -111.11%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate -0.13, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates159.87M107.75M55.63M3.51MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual 4.13M USD, estimate 5.61M USD, surprise -26.38%, Miss. Q2 2025, reported May 15, 2025: actual 4.25M USD, estimate 4.36M USD, surprise -2.51%, Miss. Q3 2025, reported Aug 12, 2025: actual 6.27M USD, estimate 6.92M USD, surprise -9.38%, Miss. Q4 2025, reported Nov 13, 2025: actual 10.1M USD, estimate 7.03M USD, surprise +43.55%, Beat. Q1 2026, reported Mar 23, 2026: actual 30.1M USD, estimate 27.82M USD, surprise +8.20%, Beat. Q2 2026, reported May 14, 2026: actual 50.12M USD, estimate 39.36M USD, surprise +27.35%, Beat. Q3 2026, reported Aug 13, 2026: actual 83.77M USD, estimate 67.97M USD, surprise +23.24%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate 148.33M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$18.50

124.38% upside
Past 12 months12-month forecastHigh $22.00Average $18.50Low $17.00

Rating distribution

8 ratings
Strong buy00%
Buy8100%
Hold00%
Sell00%
Strong sell00%

Corporate actions

Corporate action history

Stock split

Effective Nov 16, 2020

1:3

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ETFs holding ONDS

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
118.26M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.77-0.39%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
107.59M
Weight
0.13%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.4-0.52%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
42.75M
Weight
0.04%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.72-0.74%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
42.71M
Weight
0.02%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$303.43-0.44%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
39.47M
Weight
0.26%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$382.94-1.14%
L&G ROBO Global Robotics and Automation UCITS ETF logoL&G ROBO Global Robotics and Automation UCITS ETFROBO
Market value
26.02M
Weight
1.26%
AUM
1.96B USD
Expense ratio
0.95%
Price / 1D
$80.02-1.42%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
24.64M
Weight
0.06%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$354.27-1.22%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
20.52M
Weight
0.11%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$120.63-0.52%

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