secwatch.observer — SEC 8-K summary
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Issuer:     Ondas Inc. (ONDS)
CIK:        0001646188
Form:       8-K
Filed at:   2026-05-14T12:14:42+00:00
Accession:  0001213900-26-056235
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ondas Q1 revenue $50.1M (+1,065% YoY); raises FY2026 revenue target to $390M
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- Q1 revenue $50.1M, up 1,065% YoY and 66% QoQ; gross margin 49.2% vs 35% a year ago.
- Pro forma backlog $457M, up 570% from $68.3M at end of 2025, driven by acquisitions and organic orders.
- Raised FY2026 revenue target to at least $390M, representing ~670% YoY growth.
- Adjusted EBITDA loss $10.9M; product companies turned EBITDA positive 6 months ahead of plan.
- Ended Q1 with $1.48B cash and short-term investments; Jan 2026 offering raised approx. $1B gross.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1646188/000121390026056235/0001213900-26-056235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1646188/000121390026056235/ea0290690-8k_ondas.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-056235

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer