For the quarter ending 2026-03-31, ONDS made $50,122,000 in revenue. $361,659,000 in net income. Net profit margin of 721.56%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues, net | 50,122,000 | 30,111,120 | 10,098,310 | 6,273,388 |
| Cost of goods sold | 25,464,000 | 17,380,135 | 7,493,915 | 2,941,318 |
| Gross profit | 24,658,000 | 12,730,985 | 2,604,395 | 3,332,070 |
| General and administrative | 43,316,000 | 21,890,602 | 10,595,469 | 6,078,531 |
| Sales and marketing | 10,494,000 | 5,491,455 | 2,999,720 | 2,265,715 |
| Research and development | 13,519,000 | 8,669,836 | 4,512,756 | 4,236,928 |
| Total operating expenses | 67,329,000 | 36,051,893 | 18,107,945 | 12,581,174 |
| Operating loss | -42,671,000 | -23,320,908 | -15,503,550 | -9,249,104 |
| Other income (expense), net | 136,000 | -2,113 | 31,479 | -17,204 |
| Change in fair value of warrant liability | -389,548,000 | 68,438,446* | - | - |
| Gain on deconsolidation of subsidiary | 51,453,000 | - | - | - |
| Loss on acquisition of variable interest entity | -46,150,000 | - | - | - |
| Change in fair value of government grant liability | -104,000 | 150,560 | -87,186 | -143,349 |
| Interest and dividend income | 12,136,000 | 6,668,580 | 1,992,274 | 250,340 |
| Unrealized gain on investments | -2,617,000 | -15,279,831* | 6,893,277 | - |
| Interest expense | 338,000 | 702,182 | 444,449 | 1,560,512 |
| Foreign exchange loss (gain), net | 102,000 | 92,240 | -55,245 | -30,321 |
| Total other income (expense), net | 404,166,000 | -77,511,192 | 8,330,150 | -1,501,046 |
| Income (loss) before provision for income taxes | 361,495,000 | -100,832,100 | -7,173,400 | -10,750,150 |
| Provision for income taxes | 245,000 | 155,266 | 307,456 | - |
| Net loss | - | - | -7,480,856 | -10,750,150 |
| Net income (loss) | 361,250,000 | -100,987,366* | - | - |
| Less preferred dividends attributable to noncontrolling interest | - | 390,000* | 390,000 | 390,000 |
| Less deemed dividends attributable to accretion of redemption value | 1,289,000 | 972,191 | 924,202 | 878,480 |
| Net loss attributable to noncontrolling interests | -1,698,000 | -1,323,083* | -12,639 | - |
| Net income (loss) attributable to ondas inc. stockholders | 361,659,000 | -101,026,474 | -8,782,419 | -12,018,630 |
| Basic EPS | 0.58 | -455.548 | -0.03 | -0.08 |
| Diluted EPS | 0.56 | -455.548 | -0.03 | -0.08 |
| Basic Average Shares | 445,089 | 221,769* | 259,909,415 | 150,652,998 |
| Diluted Average Shares | 461,706 | 221,769* | 259,909,415 | 150,652,998 |
Ondas Inc. (ONDS)
Ondas Inc. (ONDS)