Ondas Holdings Inc. (ONDS)

Ondas Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	24.75	7.19	15.69	2.13	2.91	2.16
Revenue Growth (YoY)	208.40%	-54.16%	638.14%	-26.87%	34.34%	575.35%
Cost of Revenue	16.44	6.85	9.31	1.02	1.81	1.24
Gross Profit	8.31	0.35	6.38	1.11	1.1	0.93
Selling, General & Admin	36.54	22.48	27.47	27.08	13.27	8.87
Research & Development	15.35	12.48	17.15	24.04	5.8	3.59
Operating Expenses	51.89	34.95	44.61	51.12	19.07	12.45
Operating Income	-43.58	-34.61	-38.23	-50.01	-17.97	-11.52
Interest Expense	-7.14	-3.62	-4.15	-3.76	-0.58	-1.94
Interest & Investment Income	2.37	0.23	0.12	0.03	0.01	0
Currency Exchange Gain (Loss)	-0.22	-0.09	-0.43	-	-	-
Other Non Operating Income (Expenses)	-0.74	0.06	-0.61	-0.08	-0.07	-0.02
EBT Excluding Unusual Items	-49.3	-38.02	-43.29	-53.82	-18.61	-13.48
Impairment of Goodwill	-	-	-	-19.42	-	-
Gain (Loss) on Sale of Investments	6.89	-	-1.5	-	-	-
Gain (Loss) on Sale of Assets	-	-0	-0.05	-	-	-
Other Unusual Items	0.01	0.01	-	-	0.67	-
Pretax Income	-42.4	-38.01	-44.84	-73.24	-17.95	-13.48
Income Tax Expense	0.31	-	-	-	-2.92	-
Net Income	-42.69	-38.01	-44.84	-73.24	-15.02	-13.48
Preferred Dividends & Other Adjustments	4.97	4.41	1.51	-	-	-
Net Income to Common	-47.66	-42.42	-46.36	-73.24	-15.02	-13.48
Shares Outstanding (Basic)	149	70	53	42	34	20
Shares Outstanding (Diluted)	149	70	53	42	34	20
Shares Change (YoY)	130.95%	32.57%	24.85%	23.59%	67.32%	16.00%
EPS (Basic)	-0.32	-0.61	-0.88	-1.73	-0.44	-0.66
EPS (Diluted)	-0.32	-0.61	-0.88	-1.73	-0.44	-0.66
Free Cash Flow	-34.59	-35.11	-34.23	-40.84	-17.82	-7.54
Free Cash Flow Per Share	-0.23	-0.50	-0.65	-0.97	-0.52	-0.37
Gross Margin	33.57%	4.80%	40.67%	52.18%	37.70%	42.87%
Operating Margin	-176.09%	-481.17%	-243.63%	-2352.50%	-618.34%	-532.60%
Profit Margin	-192.59%	-589.76%	-295.44%	-3445.35%	-516.86%	-622.90%
Free Cash Flow Margin	-139.78%	-488.08%	-218.15%	-1921.33%	-613.02%	-348.61%
EBITDA	-38.58	-29.79	-33.24	-45.99	-16.46	-11.41
EBITDA Margin	-155.87%	-	-211.82%	-	-	-
D&A For EBITDA	5.01	4.82	4.99	4.02	1.51	0.12
EBIT	-43.58	-34.61	-38.23	-50.01	-17.97	-11.52
EBIT Margin	-176.09%	-	-243.63%	-	-	-
Advertising Expenses	-	0.08	0.18	0.08	0.03	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q