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

5.19 0.67 +14.82%
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) Operating margin

Alert me on Operating margin

Ondas Holdings Inc.'s operating margin over the twelve months to 30 June 2026 was −140.4%, down 25.3 percentage points from fiscal 2025 (−115.1%). Over the past ten years it has ranged from −4,797.7% (fiscal 2019) to −115.1% (fiscal 2025) — the current reading is the highest in ten years. That is below the Communication Equipment industry median of 2.43% and below the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −115.1% 366.06
FY2024 −481.2% (227.96)
FY2023 −253.2% 3,012.85
FY2022 −3,266.0% (2,647.71)
FY2021 −618.3% (85.73)
FY2020 −532.6% 4,265.12
FY2019 −4,797.7% (357.98)
FY2018 −4,439.7% (3,567.18)
FY2017 −872.6% (243.47)
FY2016 −629.1% (121.40)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −194.5% (109.38)
Mar 2026 −85.1% (7.68)
Dec 2025 −77.5% 76.08
Sep 2025 −153.5% (6.07)
39 more quarters

Against its own ten years

Low −4,797.7% High −115.1%
Ten-year median −618.3%
Current reading's percentile 95

Operating margin against peers

Company Operating margin
HLIT Harmonic Inc. compare 15.2%
DGII Digi International Inc. compare 13.9%
VIAV Viavi Solutions Inc. compare 10.6%
BDC Belden Inc compare 8.99%
EXTR Extreme Networks, Inc. compare 5.67%
VISN Vistance Networks, Inc. compare 3.89%
VSAT Viasat Inc. compare 2.35%
AAOI Applied Optoelectronics, Inc. compare −6.78%
ONDS Ondas Holdings Inc. −140.4%
Communication Equipment industry median 2.43%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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