earnings
confidence high
sentiment positive
materiality 0.80
Ondas reports Q2 revenue $6.3M (555% YoY); reiterates $25M FY2025 target
Ondas Inc.
2025-Q2 EPS
reported -$0.21
vs consensus -$0.10
▼ miss
(-110.0%)
- Revenue $6.3M, up 555% from $1.0M YoY and 48% QoQ; gross margin 53% vs -20% YoY.
- Net loss $10.8M vs $8.3M YoY; Adjusted EBITDA loss improved to $5.8M from $6.7M.
- Cash $68.6M as of June 30; convertible notes fully retired via equity conversion in July.
- Backlog $22.0M at Q2 end; reiterates FY2025 revenue target of at least $25M.
- OAS backlog $20.7M; secured $14.3M Optimus order from major defense customer.
item 2.02item 9.01