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 statistics

85 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Nov 12, 2026 (estimated, before the open)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $3.04B; $819.53M
Enterprise Value: $2.25B; $939.38M
PS Ratio: 9.16; 3.01
PB Ratio: 1.28; 2.81

Enterprise valuationIndustry

EV / Sales: 6.79; 2.47

Share statisticsIndustry

Shares Outstanding: 571M; 50M
Shares Change (QoQ): 11.4%; 0.21%
Float: 556M; 50M
Shares Held by Insiders: 2.48%; 5.32%
Shares Held by Institutions: 49.3%; 62.6%

Short sellingIndustry

Short Interest: 246M; –
Short Interest Change: -3.12%; -0.71%
Short % of Float: 44.2%; 6.67%
Short % of Shares Outstanding: 43.1%; 5.09%
Days to Cover: 6.23; 3.56

Stock price statisticsIndustry

52-Week High: $15.28; –
52-Week Low: $4.38; –
20-Day Moving Average: $5.94; –
50-Day Moving Average: $6.72; –
200-Day Moving Average: $8.73; –
Average True Range (14): $0.51; –
Price Change (1 Week): 17.7%; 8.85%
Price Change (1 Month): -13.4%; -9.08%
Price Change (3 Months): -42.4%; -25.1%
Price Change (6 Months): -52.5%; -34.8%
Price Change (YTD): -45.5%; 0.75%
Price Change (1 Year): -8.28%; -0.82%
Price Change (3 Years): 720.0%; 26.0%
Price Change (5 Years): -48.5%; -28.5%
Average Volume (10 Days): 49M; –
Average Volume (20 Days): 44M; –
Average Volume (90 Days): 71M; –
Relative Volume: 1.05; 0.80
Relative Strength Index (14): 40.9; 44.2
Volatility (1 Year): 110.2%; 82.2%
Beta (5 Years): 1.77; 1.39

MarginsIndustry

Gross Margin: 33.2%; 34.6%
Operating Margin: -126.2%; 0.77%
Pretax Margin: 25.8%; 2.97%
Profit Margin: 33.1%; -0.51%
EBITDA Margin: -124.9%; 4.94%
FCF Margin: -94.0%; 2.73%

Returns on capitalIndustry

Return on Equity (ROE): 7.70%; -0.17%
Return on Assets (ROA): 4.80%; -1.58%
Return on Invested Capital (ROIC): -51.3%; 1.66%
Return on Capital Employed (ROCE): -11.5%; 0.42%

Financial positionIndustry

Current Ratio: 3.39; 2.38
Quick Ratio: 2.39; 1.32
Interest Coverage: -155.21; 0.05

GrowthIndustry

Revenue Growth (YoY): 1239.5%; 13.8%
Revenue Growth (3Y CAGR): 187.9%; 1.79%
Revenue Growth (5Y CAGR): 87.9%; 7.18%

EfficiencyIndustry

Asset Turnover: 0.14; 0.66
Inventory Turnover: 3.59; 3.04
Revenue Per Employee: $722.21K; $373.11K
Profits Per Employee: $239.36K; -$6.97K
Employee Count: 459; 534
WACC: 13.8%; 11.4%

Income statement (TTM)Industry

Revenue: $331.49M; $338.73M
Gross Profit: $110.02M; $99.67M
Operating Income: -$418.44M; -$314.66K
Pretax Income: $85.49M; $831.50K
Net Income: $109.86M; -$1.22M
EBITDA: -$413.88M; $2.84M

Balance sheetIndustry

Cash & Short-Term Investments: $788.87M; $93.38M
Net Cash (Debt): $788.87M; $7.36M
Net Cash Per Share: $1.38; $0.30
Equity (Book Value): $2.37B; $200.69M
Book Value Per Share: $4.15; $5.54
Tangible Book Value: -$159.11M; $63.99M
Working Capital: $914.12M; $143.99M

Cash flow (TTM)Industry

Operating Cash Flow: -$290.76M; $3.17M
Capital Expenditures: -$20.80M; -$18.11M
Free Cash Flow: -$311.55M; $4.22M
FCF Per Share: -$0.55; $0.21

Dividends and yieldsIndustry

Earnings Yield: 3.62%; -0.27%
FCF Yield: -10.3%; 0.82%
Buyback Yield: -45.0%; 0.45%
Shareholder Yield: -45.0%; 0.92%

Taxes and interestIndustry

Interest Expense: $2.70M; $9.10M
Income Tax: -$20.38M; $3.09M
Effective Tax Rate: -23.8%; 18.5%

Scores and fair valueIndustry

Altman Z-Score: 1.06; 2.80
Piotroski F-Score: 6; 5
Beneish M-Score: 2.07; -2.57

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	ONDS	S&P 500	Difference	ONDS per year	S&P 500 per year
1 month	-20.2%	-2.7%	−17.5 pts
3 months	-45.5%	-1.7%	−43.8 pts
Year to date	-45.5%	+11.9%	−57.4 pts
1 year	-3.4%	+12.0%	−15.4 pts
3 years	+780.1%	+78.2%	+701.9 pts	+106.5%	+21.2%
5 years	-48.5%	+73.2%	−121.7 pts	-12.4%	+11.6%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

246M ONDS shares were sold short on Oct 30, 2026, down 3.1% from the previous report, or 44.21% of the shares available to trade. At recent volumes it would take 6.2 days to buy them back. Over the last 20 sessions, 47.1% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	245,972,246	-3.1%	39,481,189	6.2
Oct 15, 2026	253,887,333	+11.1%	55,612,452	4.6
Sep 30, 2026	228,545,414	-3.6%	66,401,610	3.4
Sep 15, 2026	237,104,698	+4.6%	61,491,535	3.9
Aug 31, 2026	226,572,746	-1.7%	61,532,988	3.7
Aug 14, 2026	230,511,508	-1.9%	84,081,161	2.7
Jul 31, 2026	234,974,649	+2.4%	121,151,401	1.9
Jul 15, 2026	229,561,440	+16.2%	86,334,005	2.7
Jun 30, 2026	197,582,796	+17.9%	64,795,456	3.0
Jun 15, 2026	167,519,931	+4.0%	63,979,399	2.6
May 29, 2026	161,120,069	+5.4%	94,455,514	1.7
May 15, 2026	152,837,863	-7.0%	71,890,997	2.1