
ONDS raises its 2026 revenue target to $525-$550M, citing broad demand as it works to convert a $757M backlog and reach adjusted EBITDA profitability sooner.
Ondas Holdings Inc. designs, develops, manufactures, sells, and supports the FullMAX software-defined radio (SDR) platform in the United States and internationally. The company is headquartered in Nantucket, Massachusetts.
| Revenue (TTM) | $96.61M |
| Gross Profit (TTM) | $43.33M |
| EBITDA | $-74.63M |
| Operating Margin | -85.10% |
| Return on Equity | 42.90% |
| Return on Assets | -4.25% |
| Revenue/Share (TTM) | $0.32 |
| Book Value | $2.29 |
| Price-to-Book | 4.93 |
| Price-to-Sales (TTM) | 52.62 |
| EV/Revenue | 39.68 |
| EV/EBITDA | 14.80 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 1080.00% |
| Shares Outstanding | $570.55M |
| Float | $452.45M |
| % Insiders | 1.80% |
| % Institutions | 55.54% |
Volatility is currently contracting

ONDS raises its 2026 revenue target to $525-$550M, citing broad demand as it works to convert a $757M backlog and reach adjusted EBITDA profitability sooner.

ONDS enters the second half of 2026 with a $757 million backlog, strong order momentum and several major programs set to ramp.

Ondas NASDAQ: ONDS reported record second-quarter revenue of approximately $83.8 million, up 67% sequentially and more than 13 times the level reported a year earlier, as the company expanded deliveries across its autonomous defense and security portfolio.

As the afternoon buzz subsides and we swing into late-afternoon trading, let's take a quick look at a few of the biggest trends circling Wall Street right now: Defense Stock Slides Despite Outlook Hike Despite hiking its 2026 revenue outlook, Ondas Inc (NASDAQ:ONDS) is sliding this afternoon, after the defense tech name shared an adjusted EBITDA loss of $50.6 million.

Ondas Inc. (ONDS) Q2 2026 Earnings Call Transcript

Shares of Ondas Holdings (NASDAQ:ONDS) are down 8% at midday Thursday after the drone and counter-UAS company reported second quarter results before the open.

Ondas posted huge sales growth in Q2, but its loss came in higher than expected. The company increased its full-year sales guidance.

Ondas Holdings Inc. (ONDS) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.08 per share a year ago.

ONDS wins a multi-million-dollar Israeli defense tender for tactical attack drones, expanding its autonomous defense platform and global opportunity.

Core + Strategic growth program expands Ondas' technology and customer-solutions portfolio, broadens its customer base, and accelerates the maturation and scale of its operating platform Record Q2 2026 revenue of $83.8 million marks 67% QoQ increase and 13-fold YoY revenue growth; On a pro forma, same-portfolio basis, Q2 2026 YoY revenue increased 85% $175 million in new orders were captured during Q2 2026, demonstrating the strength and momentum of the core platform; $105 million in additional orders have been captured to date during Q3 2026 Reported backlog of approximately $613 million as of June 30, 2026; Pro forma backlog of $757 million as of June 30, 2026, including the DZYNE and Cyberhawk acquisitions, both of which closed in Q3 2026 Increased full-year 2026 revenue target to $525 - $550 million; Pulls forward Adjusted EBITDA profitability timelines $1.4 billion in cash, cash equivalents, restricted cash and short-term investments as of June 30, 2026 Conference call scheduled for today, August 13th at 8:30 a.m. ET WEST PALM BEACH, FL / ACCESS Newswire / August 13, 2026 / (NASDAQ:ONDS) ("Ondas" or the "Company"), a leading provider of advanced autonomous systems and next-generation defense and security technologies and services, reported record financial and operating results for the second quarter of 2026.
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