Ondas Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	50.73	7.19	15.69	2.13	2.91
Revenue Growth (YoY)	605.28%	-54.16%	638.14%	-26.87%	34.34%
Cost of Revenue	30.58	6.85	9.31	1.02	1.81
Gross Profit	20.16	0.35	6.38	1.11	1.1
Selling, General & Admin	57.66	22.48	27.47	27.08	13.27
Research & Development	20.88	12.48	17.15	24.04	5.8
Other Operating Expenses	-	-	1.5	19.42	-
Total Operating Expenses	78.54	34.95	46.11	70.54	19.07
Operating Income	-58.38	-34.61	-39.73	-69.43	-17.97
Interest Income	14.51	0.24	0.12	0.03	0.01
Interest Expense	-6.58	-3.62	-4.15	-3.76	-0.58
Other Non-Operating Income (Expense)	-82.45	-0.01	-1.08	-0.08	0.59
Total Non-Operating Income (Expense)	-74.51	-3.4	-5.12	-3.81	0.03
Pretax Income	-132.89	-38.01	-44.84	-73.24	-17.95
Provision for Income Taxes	-0.49	-	-	-	-2.92
Net Income	-137.17	-42.42	-46.36	-73.24	-15.02
Minority Interest in Earnings	-1.36	-	-	-	-
Net Income Attributable to Preferred Dividends	5.15	4.41	1.51	-	-
Net Income to Common	-137.17	-42.42	-46.36	-73.24	-15.02
Shares Outstanding (Basic)	222	70	53	42	34
Shares Outstanding (Diluted)	222	70	53	42	34
Shares Change (YoY)	217.19%	32.57%	24.85%	23.59%	67.32%
EPS (Basic)	-0.62	-0.61	-0.88	-1.73	-0.44
EPS (Diluted)	-0.62	-0.61	-0.88	-1.73	-0.44
Shares Outstanding	368.46	93.17	61.94	44.11	40.99
Free Cash Flow	-40.78	-35.11	-34.23	-40.84	-17.82
Free Cash Flow Per Share	-0.18	-0.50	-0.65	-0.97	-0.52
Gross Margin	39.73%	4.80%	40.67%	52.18%	37.70%
Operating Margin	-115.09%	-481.15%	-253.19%	-3266.02%	-618.34%
Profit Margin	-262.92%	-528.39%	-285.79%	-3445.35%	-516.86%
FCF Margin	-80.38%	-488.04%	-218.15%	-1921.33%	-613.02%
EBITDA	-51.63	-29.79	-34.74	-65.41	-16.46
EBITDA Margin	-101.77%	-414.11%	-221.38%	-3076.93%	-566.30%
EBIT	-58.38	-34.61	-39.73	-69.43	-17.97
EBIT Margin	-115.09%	-481.15%	-253.19%	-3266.02%	-618.34%
Effective Tax Rate	0.37%	0.00%	0.00%	0.00%	16.28%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q