Ondas (ONDS) Cost of Revenue (2016 - 2026)
Ondas' (ONDS) quarterly Cost of Revenue came in at $47.6 million in Q2 2026, up 1519.89% year-over-year from $2.9 million in Q2 2025, and up 87.09% quarter-over-quarter from $25.5 million in Q1 2026.
Analysis
Ondas (ONDS) Cost of Revenue (2016 - 2026) Analysis & Trends
Ondas has disclosed Cost of Revenue across 11 years of filings, most recently posting $47.6 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 1519.89% year-over-year to $47.6 million; the TTM figure through Jun 2026 stood at $98.0 million (up 843.9% YoY), while the FY2025 annual figure was $30.6 million, up 346.48% from the prior year.
- Cost of Revenue came in at $47.6 million for Q2 2026 at Ondas, up from $25.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $47.6 million in Q2 2026 to a low of $210083.0 in Q4 2022.
- Average Cost of Revenue over 5 years is $6.7 million, with a median of $2.3 million recorded in 2023.
- Year-over-year, Cost of Revenue plunged 52.08% in 2024 and soared 1519.89% in 2026.
- Over 5 years, Cost of Revenue stood at $210083.0 in 2022, then surged by 1439.23% to $3.2 million in 2023, then gained by 0.38% to $3.2 million in 2024, then soared by 435.43% to $17.4 million in 2025, then jumped by 174.11% to $47.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $47.6 million in Q2 2026, $25.5 million in Q1 2026, and $17.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 121.20 Bn | 117.41 Bn | 2.45 Bn | 17.62 Bn |
| 2 | General Dynamics | 97.24 Bn | 92.90 Bn | 6.76 Bn | 7.34 Bn |
| 3 | Motorola Solutions | 77.45 Bn | 76.75 Bn | 1.68 Bn | 1.46 Bn |
| 4 | Northrop Grumman | 73.15 Bn | 70.84 Bn | 3.72 Bn | 7.16 Bn |
| 5 | L3Harris Technologies | 47.76 Bn | 47.20 Bn | 1.50 Bn | 4.38 Bn |
| 6 | Elbit Systems | 32.66 Bn | 31.70 Bn | 579.01 Mn | 1.71 Bn |
| 7 | Teledyne Technologies | 28.32 Bn | 27.98 Bn | 738.10 Mn | 924.40 Mn |
| 8 | Curtiss Wright | 20.93 Bn | 20.46 Bn | 364.09 Mn | 559.92 Mn |
| 9 | Leidos Holdings | 16.70 Bn | 16.01 Bn | 817.00 Mn | 3.74 Bn |
| 10 | Ondas | 4.04 Bn | 2.66 Bn | 36.13 Mn | 47.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.64 Mn |
| Mar 31, 2026 | 25.46 Mn |
| Dec 31, 2025 | 17.38 Mn |
| Sep 30, 2025 | 7.49 Mn |
| Jun 30, 2025 | 2.94 Mn |
| Mar 31, 2025 | 2.76 Mn |
| Dec 31, 2024 | 3.25 Mn |
| Sep 30, 2024 | 1.43 Mn |
| Jun 30, 2024 | 1.15 Mn |
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | 3.23 Mn |
| Sep 30, 2023 | 2.11 Mn |
| Jun 30, 2023 | 2.40 Mn |
| Mar 31, 2023 | 1.57 Mn |
| Dec 31, 2022 | 210,083.00 |
| Sep 30, 2022 | 233,001.00 |
| Jun 30, 2022 | 285,639.00 |
| Mar 31, 2022 | 287,932.00 |
| Dec 31, 2021 | 405,201.00 |
| Sep 30, 2021 | 269,716.00 |