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Ondas Inc. revenue

Ondas Inc.'s revenue was $50.7m in fiscal 2025, up 605.3% on the year before. Since fiscal 2017 ($274,403) it has grown at a compound 92.0% a year. Over the last twelve months it was $174m.

Revenue history

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

Ondas Inc.: revenue history, annual
Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue00023216751174
Growth on the year before—−30.7%+68.6%+575.4%+34.3%−26.9%+638.1%−54.2%+605.3%—
Gross profit000111602076
Gross margin70.9%79.3%75.3%42.9%37.7%52.2%40.7%4.8%39.7%43.7%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Product Revenue $34.6M 68.2% ▲ 1136.9%
Service Revenue $10.2M 20.2% ▲ 311.0%
Development Revenue $5.9M 11.6% ▲ 210.1%
Service and Subscription Revenue $10,241 0.0% ▲ 311.0%
Geography
Region Revenue Share YoY
Israel $30.8M 60.8% ▲ 620.0%
Other Countries $7.8M 15.5% ▲ 2283.3%
Germany $6.6M 13.0% —
AE $3.9M 7.7% ▲ 417.0%
United States $1.6M 3.1% ▼ 14.1%

From Ondas Inc.'s 10-K filed March 30, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Communications Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Ondas Inc. $174m 979.3% 166.7%
Inseego Corp. $173m -0.8% -8.6%
Clearfield, Inc. $154m 34.0% -21.2%
KVH Industries Inc \de\ $125m 15.8% -3.5%
Audiocodes LTD $246m 1.4% 21.4%
Comtech Telecommunications Corp $250m -17.0% -23.2%

Compare with peers

Head to head: INSG vs ONDSCLFD vs ONDSKVHI vs ONDS

More: Communications Equipment stocks compared, Technology sector, rankings of US companies

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.