earnings
confidence high
sentiment positive
materiality 0.90
Ondas Q2 revenue $83.8M, up 13x YoY; raises FY26 target to $525-550M
Ondas Inc.
- Q2 revenue $83.8M (67% QoQ, 13x YoY); pro forma organic growth 85% YoY.
- Backlog $613M reported, $757M pro forma incl. DZYNE and Cyberhawk acquisitions closed in Q3.
- Raised FY26 revenue target to $525-550M; Q3 guidance $140-155M.
- Net loss $89.7M incl. $67.6M stock comp and $19.2M contingent consideration; Adjusted EBITDA loss $50.6M.
- Cash $1.4B; $325M used for DZYNE and Cyberhawk acquisitions; expects platform-level EBITDA profitability by Q4 2026.