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.

Revenue
+1,235.4%
EPS
−125.0%
Free cash flow
−1,000.3%
Total debt
+1,276.0%

Quarter to June 2026, against a year earlier

5.34 0.82 +18.14%
Market cap
$2.6B
P/E
0.0×
Fwd P/E
23.4×
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 6 November 2026, Ondas Holdings Inc. (ONDS) trades at a EV/Sales of 7.4×. Over the past ten years it has ranged from 0.2× (October 2023) to 4,730× (June 2019); the current reading is higher than 25% of that period. That is above the Communication Equipment industry median of 1.8× and above the Technology sector median of 2.6×.

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× (88.32%)
FY2019 655× (75.74%)
FY2018 2,699× 160.95%
FY2017 1,034× 0.00%
FY2016 1,034× 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 4,730×
Ten-year median 30.7×
Current reading's percentile 25

EV/Sales against peers

Company EV/Sales
HLIT Harmonic Inc. compare 2.1×
BDC Belden Inc compare 2.1×
EXTR Extreme Networks, Inc. compare 2.4×
VSAT Viasat Inc. compare 2.9×
VIAV Viavi Solutions Inc. compare 4.2×
DGII Digi International Inc. compare 4.9×
VISN Vistance Networks, Inc. compare 5.3×
AAOI Applied Optoelectronics, Inc. compare 5.4×
ONDS Ondas Holdings Inc. 7.4×
Communication Equipment industry median 1.8×
Technology sector median 2.6×
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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