Ondas Inc. (ONDS)
NASDAQ:ONDS
Want to see ONDS full AI Analyst Report?
Earnings Data
Report Date
Aug 17, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.09Last Year’s EPS
-0.08Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted multiple substantive operational and financial milestones: exceptional top‑line growth (Q1 revenue up tenfold YoY and +66% sequential), strong gross margin expansion to 49%, a sizable, diversified backlog (~$450–$457M) and a very strong liquidity position (~$1.48B). Management achieved product company EBITDA profitability ahead of plan, raised 2026 revenue guidance, advanced strategic acquisitions (WorldView, Mistral), and announced a meaningful partnership with Palantir to deliver portfolio‑level mission autonomy (Sky Weaver). Offsetting these positives are near‑term profitability pressures at the consolidated level (adjusted EBITDA loss of $10.9M), increased operating and cash investments, GAAP earnings volatility caused by large warrant mark‑to‑market accounting and integration/timing risk around converting backlog and acquisitions into steady revenue and cash flow. On balance, the operational momentum, cash resources and upgraded guidance dominate the narrative and outweigh the near‑term investment and accounting noise.Company Guidance
Explosive Revenue Growth in Q1 2026
Revenue of $50.1 million in Q1 2026, a tenfold increase year‑over‑year (≈+900% YoY) and up 66% sequentially vs. Q4 2025. Q1 revenue was roughly equal to all of Ondas' 2025 revenue, demonstrating rapid scaling.
Strong Gross Margin Expansion
Gross profit of $24.7 million and a 49% gross margin in Q1 2026, up from 35% in the prior year (+14 percentage points) and up from 42% in Q4 2025 (+7 percentage points), driven by favorable product mix and scale benefits.
Product-Level Profitability Achieved Ahead of Plan
Ondas achieved product company level EBITDA profitability in Q1 2026 approximately two quarters ahead of internal plan, signaling improving unit economics within product lines.
Large Backlog and Robust Pipeline
Backlog reported at approximately $450–$457 million, providing visibility into 2026 and beyond. Active pipeline of opportunities totaled about $4.3 billion across more than 45 submissions globally, with the U.S. (~$1.8B) and Europe (> $2B) as major regions.
Very Strong Liquidity Position
Cash, cash equivalents, restricted cash and short‑term investments of roughly $1.48 billion at quarter end (up materially from $66.1 million at the end of 2025), providing substantial flexibility for organic investment and M&A.
Raised 2026 Revenue Outlook
Company increased its full‑year 2026 revenue guidance to at least $390 million (up from prior guidance of $375 million), citing backlog and early-year momentum.
High Organic and Acquired Growth Signals
Segment highlights: Air Robotics delivered ~260% YoY revenue growth; Centrix captured $36 million in orders through April 1 (exceeding Centrix's full year 2025 revenue of $30M); 4M Defense won $80M in tenders with $25.8M of initial orders. Recent acquisitions (WorldView, Mistral and others) expanded U.S. presence and capabilities.
Strategic Partnerships and Product Roadmap
Strategic partnership with Palantir (Sky Weaver / agentic AI) to create a cross‑platform intelligence layer (mission autonomy) with initial portfolio integrations targeted for Q4 2026; introduced Iron Wave systems, delivered and operational in active combat environments.
ONDS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ONDS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $8.86 | $11.21 | +26.52% |
Mar 23, 2026 | $10.06 | $10.90 | +8.35% |
Nov 13, 2025 | $5.51 | $6.56 | +19.06% |
Aug 12, 2025 | $3.43 | $4.29 | +25.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ondas Inc. (ONDS) report earnings?
Ondas Inc. (ONDS) is schdueled to report earning on Aug 17, 2026, Before Open (Confirmed).
What is Ondas Inc. (ONDS) earnings time?
Ondas Inc. (ONDS) earnings time is at Aug 17, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ONDS EPS forecast?
ONDS EPS forecast for the fiscal quarter 2026 (Q2) is -0.09.
