NASDAQ:ONDS
Ondas Inc.
Ondas Inc.'s revenue grew 605.3% in fiscal 2025 to $50.7M while operating margin rose to −115.1%, its highest in 9 years. Free cash flow was −$40.8M, −80.4% of revenue, and the diluted share count rose 217.2%.Summary generated from Ondas Inc.'s SEC filings. Latest annual report filed Mar 30, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$50.7M
Revenue growth+605.3%
Revenue, 5-yr CAGR+87.9%
Gross margin39.7%
Operating margin−115.1%
Net margin−260.7%
ROICn/a
Return on equity−58.2%
Debt / equityn/a
Free cash flow−$40.8M
FCF margin−80.4%
Share count change+217.2%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 3 | 2 | 16 | 7 | 51 |
| Operating income | −18 | −69 | −40 | −35 | −58 |
| Net income | −15 | −73 | −45 | −38 | −132 |
| Free cash flow | −18 | −41 | −34 | −35 | −41 |
Recent filings
- 4Insider transaction report
Sep 24, 2026 - 8-KOther events
Sep 23, 2026 - 8-KEntry into a material agreement
Sep 14, 2026 - 8-KOther events
Aug 28, 2026 - 4Insider transaction report
Aug 20, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 13, 2026 - 8-KResults of operations and financial condition
Aug 13, 2026 - 8-K/AAmended current report
Aug 11, 2026