ONDS · XBRL financial data

Ondas financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (ONDS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	3	5*	1	1	1	4*	4	6	10	year only	50	84
Cost of revenue	2	3*	1	1	1	3*	3	3	7	year only	25	48
Cost of goods and services sold	2	3*	1	—	—	—	—	—	—	—	—	—
Gross profit	1	2*	(0)	(0)	0	1*	1	3	3	—	25	36
Research and development	3	3*	4	3	3	3*	3	4	5	9*	14	31
General and administrative	3	8*	4	4	4	5*	6	6	11	22*	43	128
Total operating expenses	6	14*	9	8	9	9*	12	13	18	36*	67	199
Operating income (loss)	(6)	(13)*	(9)	(8)	(9)	(9)*	(10)	(9)	(16)	(23)*	(43)	(163)
Interest income	0	0*	0	0	0	(0)*	0	0	2	7*	12	12
Interest expense	1	1*	1	1	1	1*	4	2	0	1*	0	1
Other income (expense)	(1)	(1)*	(1)	0	(1)	2*	(0)	(0)	0	(0)*	0	45
Income tax expense (benefit)	—	year only	—	—	—	year only	—	0	0	0*	0	(29)
Net income (loss)	(7)	(14)*	(10)	(8)	(10)	(10)*	(14)	(11)	(7)	(100)*	363	(88)
Earnings per share, basic USD per share	(0.15)	(0.24)*	(0.17)	(0.14)	(0.15)	(0.13)*	(0.15)	(0.08)	(0.03)	—	0.58	(0.18)
Earnings per share, diluted USD per share	(0.14)	(0.24)*	(0.17)	(0.14)	(0.15)	(0.13)*	(0.15)	(0.08)	(0.03)	—	0.56	(0.19)
Weighted average shares, basic millions of shares	54	58*	63	66	71	79*	105	151	260	—	0	501
Weighted average shares, diluted millions of shares	54	58*	63	66	71	79*	105	151	260	—	0	504

Fiscal quarters (ONDS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	21	15	15	5	3	30	25	68	433	551	1,026	658
Short-term investments	—	—	—	—	—	—	—	—	—	22	448	727
Accounts receivable	5	3	2	2	3	5	2	5	5	22	—	—
Inventory	3	2	4	5	9	10	11	11	13	22	34	52
Total current assets	30	24	24	15	17	48	43	91	479	686	1,629	1,606
Property and equipment, net	5	4	5	5	3	3	3	2	3	10	12	21
Right-of-use asset	3	5	4	4	4	4	4	5	5	10	11	33
Goodwill	28	28	28	28	28	28	28	28	35	252	382	661
Total assets	101	92	92	83	80	110	105	152	550	1,133	2,439	2,993
Accounts payable	5	5	6	4	4	6	4	5	8	14	17	31
Accrued liabilities	—	—	—	—	—	—	—	—	—	75	40	17
Total current liabilities	36	36	38	38	40	51	50	31	31	142	149	163
Lease liability, non-current	2	6	6	6	5	5	5	5	5	10	8	28
Total liabilities	44	47	48	46	47	74	58	39	40	661	1,359	1,418
Accumulated deficit	(184)	(198)	(208)	(217)	(226)	(236)	(251)	(261)	(269)	(368)	(5)	(94)
Total stockholders' equity	45	33	28	19	15	17	26	91	486	438	1,074	1,570
Total liabilities and equity	101	92	92	83	80	110	105	152	550	1,133	2,439	2,993
Common shares outstanding (cover page) millions of shares	58	≈66	66	70	77	106	137	219	368	467	496	571

≈ Rounded on cover: the filing states this count rounded, and it sits more than 1% off the weighted shares for the period.

Fiscal quarters (ONDS's year ends in late December)

In millions of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(7)	(14)*	(10)	(8)	(10)	(10)*	(14)	(11)	(7)	(100)*	363	(88)
Stock-based compensation	(2)*	0*	0	0*	0*	0*	2	2*	5*	7*	20	69*
Depreciation and amortization	1	1*	1	1	1	(3)*	0	0*	0*	0*	1	1*
Net cash from operating activities	(6)*	(6)*	(7)	(9)*	(9)*	(8)*	(7)	(8)*	(11)*	(13)*	(51)	(86)*
Purchases of property and equipment	0*	0*	1	1*	(1)*	0*	0	0*	0*	2*	1	8*
Net cash from investing activities	(0)*	(0)*	(1)	(1)*	1*	(0)*	(0)	(0)*	(18)*	(241)*	(474)	(289)*
Proceeds from issuing common stock	—	—	4	0*	3*	(0)*	—	—	380*	407*	959	0*
Proceeds from issuing equity	—	—	—	—	3*	(0)*	—	—	—	—	—	—
Net cash from financing activities	24*	0*	8	0*	6*	35*	2	52*	394*	414*	968	3*

SIC 3663 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3663 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Ondas	658	84	(86)*	570.6M	16.1 quarters	Q2 FY26 10-QJun 30, 2026
Clearfield	20	44	not reported	13.6M	—	Q3 FY26 10-QJun 30, 2026
Aviat Networks	73	not reported	3.1*	12.8M	—	Q4 FY26 10-KJul 3, 2026
Harmonic	232	133	(58)*	109.1M	4.0 quarters	Q2 FY25 10-QJul 3, 2026
Turtle Beach	20	56	6.5*	17.9M	—	Q2 FY26 10-QJun 30, 2026
Powerfleet	33	111	8.4	134.2M	—	Q1 FY27 10-QJun 30, 2026
BlackSky Technology	37	33	(3.5)*	40.9M	66.4 quarters	Q2 FY26 10-QJun 30, 2026
ADTRAN Holdings	79	281	26*	81.5M	—	Q2 FY26 10-QJun 30, 2026
Unusual Machines	230	17	(21)*	50.0M	10.7 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.