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Ondas Inc. income statement

In fiscal 2025, Ondas Inc. reported revenue of $50.7m, up 605.3% on the year before, operating income of −$58.4m (a -115.1% margin) and net income of −$132m, or −$0.62 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue00023216751174
Cost of revenue000121973198
Gross profit000111602076
Research and development135462417122158
Selling and marketing———113651340
General and administrative13581224221744204
Operating income−2−8−15−12−18−69−40−35−58−244
Interest expense1332144473
Income before tax−3−12−19−13−18−73−45−38−133135
Income tax————−3—63690−28
Net income−3−12−19−13−15−73−45−38−132167
Diluted EPS−$0.06−$0.14−$0.37−$0.22−$0.15−$0.58−$0.29−$0.20−$0.62—
Diluted shares (average)49m86m53m61m103m127m158m210m222m—
EBITDA−2−8−15−11−16−65−35−34−57−242

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Ondas Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ondas Inc.