ONDSNasdaqRadio & Tv Broadcasting & Communications EquipmentFiscal year ends December 31
Ondas Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$6.06+0.02 (+0.33%)
Close on Oct 19, 2026
- Market cap
- $3.05B
- P/E (TTM)
- –
- Dividend yield
- –
Ondas statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Radio & Tv Broadcasting & Communications Equipment companies for comparison
Valuation
| Measure | Ondas | Industry median |
|---|---|---|
| Market Cap | $3.46B | $525.27M |
| Enterprise Value | $2.08B | $589.69M |
| PS Ratio | 19.86 | 3.06 |
| PB Ratio | 2.20 | 3.15 |
| P/TBV Ratio | 10.63 | 3.96 |
Enterprise value
| Measure | Ondas | Industry median |
|---|---|---|
| EV / Sales | 11.94 | 2.65 |
Income (trailing twelve months)
| Measure | Ondas | Industry median |
|---|---|---|
| Revenue | $174.10M | $330.57M |
| Gross Profit | $76.12M | $96.76M |
| Operating Income | -$244.44M | -$1.02M |
| Pretax Income | $134.74M | $931.00K |
| Net Income | $167.06M | -$2.96M |
| EBITDA | -$242.26M | $794.00K |
Margins
| Measure | Ondas | Industry median |
|---|---|---|
| Gross Margin | 43.7% | 34.6% |
| Operating Margin | -140.4% | -0.18% |
| Pretax Margin | 77.4% | 2.01% |
| Profit Margin | 96.0% | -1.47% |
| EBITDA Margin | -139.1% | 3.65% |
| FCF Margin | -98.7% | 2.33% |
Returns
| Measure | Ondas | Industry median |
|---|---|---|
| Return on Equity (ROE) | 20.1% | 0.52% |
| Return on Assets (ROA) | 10.6% | -2.56% |
| Return on Invested Capital (ROIC) | -235.0% | 1.40% |
| Return on Capital Employed (ROCE) | -8.64% | -0.15% |
Growth
| Measure | Ondas | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 979.3% | 11.8% |
| Revenue Growth (3Y CAGR) | 187.9% | 1.67% |
| Revenue Growth (5Y CAGR) | 87.9% | 6.96% |
Balance sheet
| Measure | Ondas | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $1.38B | $95.33M |
| Net Cash (Debt) | $1.38B | $9.42M |
| Net Cash Per Share | $2.43 | $0.26 |
| Equity (Book Value) | $1.57B | $203.20M |
| Book Value Per Share | $2.75 | $5.17 |
| Tangible Book Value | $325.36M | $69.18M |
| Working Capital | $1.44B | $157.77M |
Financial position
| Measure | Ondas | Industry median |
|---|---|---|
| Current Ratio | 9.85 | 2.34 |
| Quick Ratio | 8.93 | 1.30 |
| Interest Coverage | -96.78 | -0.03 |
Cash flow (trailing twelve months)
| Measure | Ondas | Industry median |
|---|---|---|
| Operating Cash Flow | -$161.06M | $3.66M |
| Capital Expenditures | -$10.86M | -$17.61M |
| Free Cash Flow | -$171.92M | $3.59M |
| FCF Per Share | -$0.30 | $0.17 |
Efficiency
| Measure | Ondas | Industry median |
|---|---|---|
| Asset Turnover | 0.11 | 0.65 |
| Inventory Turnover | 3.10 | 3.09 |
| Revenue Per Employee | $379.31K | $367.12K |
| Profits Per Employee | $363.96K | -$9.66K |
| Employee Count | 459 | 534 |
Dividends and yields
| Measure | Ondas | Industry median |
|---|---|---|
| Earnings Yield | 4.83% | -1.04% |
| FCF Yield | -4.97% | 0.65% |
| Buyback Yield | -50.5% | 0.33% |
| Shareholder Yield | -50.5% | 0.79% |
Shares
| Measure | Ondas | Industry median |
|---|---|---|
| Shares Outstanding | 570,552,000 | 50,117,600 |
| Shares Change (QoQ) | 13.0% | 0.46% |
| Float | 556,397,000 | 49,945,100 |
| Shares Held by Insiders | 2.48% | 5.28% |
| Shares Held by Institutions | 49.3% | 67.4% |
Taxes
| Measure | Ondas | Industry median |
|---|---|---|
| Income Tax | -$28.32M | $3.23M |
| Effective Tax Rate | -21.0% | 18.1% |
Scores
| Measure | Ondas | Industry median |
|---|---|---|
| Altman Z-Score | 1.79 | 2.84 |
| Piotroski F-Score | 6 | 5 |
| Beneish M-Score | 2.07 | -2.58 |
Calculated by StockData from Ondas's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.