Ondas Holdings Inc.

ONDS Technology Communication Equipment

Ondas Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $50.7 million, up 605.3% from fiscal 2024. In the quarter to June 2026, revenue grew 1,235.4%, EPS fell 125.0%, free cash flow fell 1,000.3% and total debt rose 1,276.0%, each against the same quarter a year earlier.

6.04 0.31 −4.88%
Market cap
$3.7B
P/E
0.0×
Fwd P/E
19.8×
Dividend yield
—
F-score
6/9
Altman Z
1.88
Beneish M
1.99
Dividend safety
n/a

Ondas Holdings Inc. (ONDS) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Ondas Holdings Inc. (ONDS) trades at a EV/Sales of 9.4×. Over the past ten years it has ranged from 0.2× (October 2023) to 153× (November 2021); the current reading is higher than 31% of that period. That is above the Communication Equipment industry median of 2.0× and above the Technology sector median of 2.7×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 30.6× 33.44%
FY2024 22.9× 327.54%
FY2023 5.4× (77.13%)
FY2022 23.5× (63.91%)
FY2021 65.0× (15.04%)
FY2020 76.5× 25.96%
FY2019 60.7× 0.00%
FY2018 60.7× 0.00%
FY2017 60.7× 0.00%
FY2016 60.7× 0.00%

Quarterly newest first

Period EV/Sales Change
Jun 2026 15.7× (40.26%)
Mar 2026 26.3× (13.99%)
Dec 2025 30.6× (51.29%)
Sep 2025 62.8× 358.35%
39 more quarters

Against its own ten years

Low 0.2× High 153×
Ten-year median 28.4×
Current reading's percentile 31

EV/Sales against peers

Company EV/Sales
BDC Belden Inc compare 1.7×
EXTR Extreme Networks, Inc. compare 2.2×
HLIT Harmonic Inc. compare 2.3×
VSAT Viasat Inc. compare 2.8×
VISN Vistance Networks, Inc. compare 4.9×
VIAV Viavi Solutions Inc. compare 5.0×
DGII Digi International Inc. compare 5.4×
ONDS Ondas Holdings Inc. 9.4×
AAOI Applied Optoelectronics, Inc. compare 9.9×
Communication Equipment industry median 2.0×
Technology sector median 2.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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