Ondas reports record FY2025 revenue $50.7M, raises FY2026 target to at least $375M

Ondas Inc.

Q4 revenue $30.1M (198% seq, 629% YoY); FY2025 revenue $50.7M (up 605% YoY).
FY2026 revenue target raised to at least $375M (nearly 7x FY2025); Q1 2026 target $38-$40M (820% YoY).
Cash and equivalents $594.4M at Dec 31, 2025; $960M net proceeds in Jan 2026 give $1.55B total.
OAS revenue $49.7M in 2025 (840% YoY); backlog ended 2025 at $68.3M, up from $20.3M prior quarter.
Net loss Q4 $101M includes $82.2M non-cash warrant charge; Adj EBITDA loss $9.9M. Expect product profitability by Q3 2026.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ondas Inc. updated its the fourth quarter and full year ended December 31, 2025 guidance (raised).

Period: the fourth quarter and full year ended December 31, 2025
Guidance: raised
Result: reported results

Exact text from the filing

On March 23, 2026, Ondas Inc. issued a press release announcing its financial and operating results for the fourth quarter and full year ended December 31, 2025.

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Source: SEC EDGAR

accession 0001213900-26-032678

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