FY2025 · ended Dec 31, 2025 · Revenue $50.73M, +605.3% YoY · Filed Mar 30, 2026
Ondas Inc. (ONDS) files with the SEC under industry code 3663, Radio & Tv Broadcasting & Communications Equipment. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $50.7 million and a net loss of $132.2 million. Free cash flow was -$40.8 million. As of Jun 30, 2026 it held $1.4 billion in cash and investments and $34.7 million in total debt.
Revenue (TTM)
$174.10M
+979.2% vs year-ago TTM
Net income
$-132.24M
-247.9% vs prior year
Operating cash flow (TTM)
$-161.06M
-399.3% vs year-ago TTM
Free cash flow (TTM)
$-171.92M
-426.8% vs year-ago TTM
EPS (TTM)
$0.91
+157.1% vs year-ago TTM
Dividend per share
None
Shares outstanding
467.13M
+341.8% vs prior year
Net cash
$1.40B
as of Jun 30, 2026
Operating margin
-140.4%
FY 2026
Company profile
- Industry
- Radio & Tv Broadcasting & Communications Equipment (SIC 3663)
- Listed as
- ONDS (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- West Palm Beach, FL
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1646188
- Former names
- Ondas Holdings Inc. (until Jan 12, 2026); ZEV VENTURES INC. (until Oct 5, 2018)
Other Radio & Tv Broadcasting & Communications Equipment companies
- Qualcomm INC/DE QCOM
- Motorola Solutions, Inc. MSI
- Nokia Corp NOK
- Ericsson LM Telephone Co ERIC
- Ubiquiti Inc. UI
- Planet Labs PBC PL
- Vistance Networks, Inc. VISN
- Harmonic Inc. HLIT
All 26 Radio & Tv Broadcasting & Communications Equipment companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $50.7M | $7.2M | $15.7M | $2.1M | $2.9M |
| Operating income | -$58.4M | -$34.6M | -$39.7M | -$69.4M | -$18.0M |
| Net income | -$132.2M | -$38.0M | -$44.8M | -$73.2M | -$15.0M |
| Diluted EPS | -$0.62 | -$0.61 | -$0.88 | -$1.73 | — |
| Operating cash flow | -$38.7M | -$33.5M | -$34.0M | -$38.0M | -$16.9M |
| Free cash flow | -$40.8M | -$35.1M | -$34.2M | -$40.8M | -$17.8M |
| Total assets | $1.1B | $109.6M | $92.2M | $97.9M | $117.4M |
| Total liabilities | $661.2M | $73.7M | $47.1M | $39.7M | $5.2M |
| Stockholders' equity | $437.8M | $16.6M | $33.1M | $58.2M | $112.2M |
| Cash and investments | $586.3M | — | — | $31.3M | $41.3M |
| Total debt | $12.7M | $6.4M | $6.5M | $3.0M | $1.1M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Oct 13, 2026 | Oct 12, 2026 |
| 8-K |
Current report
Unregistered share sale, Other events
|
Sep 23, 2026 | Sep 23, 2026 |
| 8-K |
Current report
Material agreement, Acquisition or sale of assets, Unregistered share sale, Regulation FD disclosure, Other events
|
Sep 14, 2026 | Sep 14, 2026 |
| 8-K |
Current report
Unregistered share sale, Other events
|
Aug 28, 2026 | Aug 28, 2026 |
| 10-Q | Quarterly report | Aug 13, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 13, 2026 | Aug 13, 2026 |
All 792 Ondas Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.