Ondas Inc. (ONDS) stock
ONDSNasdaqRadio & Tv Broadcasting & Communications EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 13/3041% below fair value
$5.32−0.41 (-7.16%)
Close on Nov 12, 2026Market cap $3.04BP/E –Yield –
Ondas gross margin
Gross margin is gross profit as a percentage of revenue.
Ondas's gross margin for the twelve months ending Sep 30, 2026 was 33.2%. For fiscal 2025 it was 39.7%, against 4.8% the year before. The highest annual figure on record is 79.3% in fiscal 2018.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 39.7% | +34.9 |
| FY2024 | Dec 31, 2024 | 4.8% | −35.9 |
| FY2023 | Dec 31, 2023 | 40.7% | −11.5 |
| FY2022 | Dec 31, 2022 | 52.2% | +14.5 |
| FY2021 | Dec 31, 2021 | 37.7% | −5.2 |
| FY2020 | Dec 31, 2020 | 42.9% | −32.4 |
| FY2019 | Dec 31, 2019 | 75.3% | −4.0 |
| FY2018 | Dec 31, 2018 | 79.3% | +8.4 |
| FY2017 | Dec 31, 2017 | 70.9% | +196.3 |
| FY2016 | Dec 31, 2016 | -125.4% | −86.3 |
| FY2015 | Dec 31, 2015 | -39.0% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 21.8% | −4.0 |
| Q2 FY2026 | Jun 30, 2026 | 43.1% | −10.0 |
| Q1 FY2026 | Mar 31, 2026 | 49.2% | +14.2 |
| Q4 FY2025 | Dec 31, 2025 | 42.3% | +20.9 |
| Q3 FY2025 | Sep 30, 2025 | 25.8% | +22.6 |
| Q2 FY2025 | Jun 30, 2025 | 53.1% | +73.0 |
| Q1 FY2025 | Mar 31, 2025 | 35.0% | +98.2 |
| Q4 FY2024 | Dec 31, 2024 | 21.4% | −13.4 |
| Q3 FY2024 | Sep 30, 2024 | 3.2% | −36.3 |
| Q2 FY2024 | Jun 30, 2024 | -19.9% | −76.1 |
| Q1 FY2024 | Mar 31, 2024 | -63.2% | −126.4 |
| Q4 FY2023 | Dec 31, 2023 | 34.8% | −17.9 |
| Q1 FY2023 | Mar 31, 2023 | 39.6% | +9.8 |
| Q4 FY2022 | Dec 31, 2022 | 56.1% | +27.1 |
| Q3 FY2022 | Sep 30, 2022 | 63.2% | +58.4 |
| Q2 FY2022 | Jun 30, 2022 | 52.7% | +18.2 |
| Q1 FY2022 | Mar 31, 2022 | 29.8% | −22.5 |
| Q4 FY2021 | Dec 31, 2021 | 29.1% | +5.6 |
| Q3 FY2021 | Sep 30, 2021 | 4.8% | −35.6 |
| Q2 FY2021 | Jun 30, 2021 | 34.6% | −18.6 |
| Q1 FY2021 | Mar 31, 2021 | 52.3% | +42.8 |
| Q4 FY2020 | Dec 31, 2020 | 23.5% | +41.0 |
| Q3 FY2020 | Sep 30, 2020 | 40.4% | −42.4 |
| Q2 FY2020 | Jun 30, 2020 | 53.2% | −20.6 |
| Q1 FY2020 | Mar 31, 2020 | 9.5% | −74.0 |
| Q4 FY2019 | Dec 31, 2019 | -17.5% | −94.7 |
| Q3 FY2019 | Sep 30, 2019 | 82.8% | +1.0 |
| Q2 FY2019 | Jun 30, 2019 | 73.8% | +41.5 |
| Q1 FY2019 | Mar 31, 2019 | 83.6% | −13.1 |
| Q4 FY2018 | Dec 31, 2018 | 77.2% | +2.8 |
| Q3 FY2018 | Sep 30, 2018 | 81.7% | +22.0 |
| Q2 FY2018 | Jun 30, 2018 | 32.2% | +175.9 |
| Q1 FY2018 | Mar 31, 2018 | 96.7% | +390.7 |
| Q4 FY2017 | Dec 31, 2017 | 74.4% | +236.7 |
| Q3 FY2017 | Sep 30, 2017 | 59.7% | +113.1 |
| Q2 FY2017 | Jun 30, 2017 | -143.6% | – |
| Q1 FY2017 | Mar 31, 2017 | -294.0% | – |
| Q4 FY2016 | Dec 31, 2016 | -162.3% | – |
| Q3 FY2016 | Sep 30, 2016 | -53.3% | – |
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