Pricing Log in Create free account
Friday 6 November 2026 Export ONDS’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Ondas Holdings Inc. (ONDS) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Ondas Holdings Inc. (ONDS) trades at a P/S ratio of 13.2×. Over the past ten years it has ranged from 1.6× (October 2023) to 4,709× (June 2019); the current reading is higher than 32% of that period. That is above the Communication Equipment industry median of 1.7× and above the Technology sector median of 2.6×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2025 42.7× 71.46%
FY2024 24.9× 306.79%
FY2023 6.1× (80.01%)
FY2022 30.6× (61.22%)
FY2021 78.9× (10.42%)
FY2020 88.1× (86.65%)
FY2019 660× (75.59%)
FY2018 2,703× 161.22%
FY2017 1,035× 0.00%
FY2016 1,035× 0.00%

Quarterly newest first

Period P/S ratio Change
Jun 2026 23.7× (43.10%)
Mar 2026 41.7× (2.38%)
Dec 2025 42.7× (47.38%)
Sep 2025 81.1× 352.14%
39 more quarters

Against its own ten years

Low 1.6× High 4,709×
Ten-year median 42.7×
Current reading's percentile 32

P/S ratio against peers

Company P/S ratio
VISN Vistance Networks, Inc. compare 0.7×
BDC Belden Inc compare 1.2×
VSAT Viasat Inc. compare 1.8×
EXTR Extreme Networks, Inc. compare 2.1×
HLIT Harmonic Inc. compare 2.3×
VIAV Viavi Solutions Inc. compare 3.8×
DGII Digi International Inc. compare 4.7×
AAOI Applied Optoelectronics, Inc. compare 5.6×
ONDS Ondas Holdings Inc. 13.2×
Communication Equipment industry median 1.7×
Technology sector median 2.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on ONDS