---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-032678"
form_type: "8-K"
ticker: "ONDS"
cik: "0001646188"
company_name: "Ondas Inc."
filed_at: "2026-03-23T23:59:59+00:00"
generated_at: "2026-05-15T09:22:24.063082+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-032678
- form_type: 8-K
- ticker: ONDS
- cik: 0001646188
- company_name: Ondas Inc.
- filed_at: 2026-03-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1646188/000121390026032678/0001213900-26-032678-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1646188/000121390026032678/ea0282944-8k_ondas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-032678
- JSON: https://secwatch.observer/filing/0001213900-26-032678.json
- Plain text: https://secwatch.observer/filing/0001213900-26-032678.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1646188/000121390026032678/0001213900-26-032678-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.