The financials
Ondas Inc. by the numbers
Ondas Inc. (ONDS) reported revenue of $84M in Q2 2026 (quarter ended June 30, 2026), up 1235% from the same quarter a year earlier. That came with a gross margin of 43% and net loss of $88M. For the full year FY2025, revenue was $51M (+605% year on year) and net income −$132M. Its largest region in 2026-Q1 was IL at $22M, 43% of the disclosed total, just ahead of Europe at 24%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $84M | $6.3M | +1235% |
| Gross profit | $36M | $3.3M | +984% |
| Operating income | −$163M | −$9.3M | n/a |
| Net income | −$88M | −$11M | n/a |
| Diluted EPS | −$0.19 | −$0.08 | n/a |
| Geographic | Revenue | Share |
|---|---|---|
| IL | $22M | 43% |
| Europe | $12M | 24% |
| Asia | $12M | 24% |
| North America | $3.3M | 6.6% |
| Other Countries | $835K | 1.7% |
| AE | $305K | 0.6% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q1 2026Total $50.1M (+396%)
Other Countries grew +7491% year on yearAE -80% year on year
Segment Latestquarter on quarteryear on year
- IL$21.6M$21.6MQoQ +131%year on year +768%+131%+768%
- Europe$12.1M$12.1MQoQ +426136%year on year -+426136%-
- Asia$12.0M$12.0MQoQ -year on year ---
- North America$3.3M$3.3MQoQ -year on year +1434%-+1434%
- Other Countries$835.0K$835.0KQoQ -year on year +7491%-+7491%
- AE$305.0K$305.0KQoQ -45%year on year -80%-45%-80%
- IN--QoQ -year on year ---
- US--QoQ -year on year ---
Communication Equipment
Ranks #10 of 21 by Smart Score