Ondas (ONDS) EBITDA (2016 - 2026)
Ondas' (ONDS) quarterly EBITDA came in at -$42.7 million in Q1 2026, down 313.88% year-on-year from $20.0 million in Q1 2025, and down 696.29% quarter-over-quarter from $7.2 million in Q4 2025.
Ondas (ONDS) EBITDA (2016 - 2026) Analysis & Trends
Ondas has disclosed EBITDA across 11 years of filings, most recently posting -$42.7 million for Q1 2026.
- EBITDA for Q1 2026 came in at -$42.7 million, down 313.88% year-over-year; the trailing twelve-month figure through Mar 2026 was -$60.3 million (down 68.38% YoY), and the FY2025 annual result was -$27.9 million, up 19.36% from the prior year.
- EBITDA came in at -$42.7 million for Q1 2026 at Ondas, down from $7.2 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $7.2 million in Q4 2025 to a low of -$42.7 million in Q1 2026.
- The 5-year median for EBITDA is -$10.0 million (2022), against an average of -$12.6 million.
- Across the five-year window, EBITDA plunged 390.25% in 2022 and jumped 184.02% in 2025, its largest moves.
- Ondas' EBITDA stood at -$34.5 million in 2022, then soared by 63.36% to -$12.6 million in 2023, then soared by 32.65% to -$8.5 million in 2024, then surged by 184.02% to $7.2 million in 2025, then plunged by 696.29% to -$42.7 million in 2026.
- The last three EBITDA figures came in at -$42.7 million (Q1 2026), $7.2 million (Q4 2025), and -$15.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 3.96 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 189.41 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 525.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 470.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 207.30 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 290.82 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -233.51 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -12.99 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 215.00 Mn |
| 10 | Ondas | 4.64 Mn | -1.90 Bn | 24.66 Mn | -42.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -42.67 Mn |
| Dec 31, 2025 | 7.16 Mn |
| Sep 30, 2025 | -15.50 Mn |
| Jun 30, 2025 | -9.25 Mn |
| Mar 31, 2025 | -10.31 Mn |
| Dec 31, 2024 | -8.52 Mn |
| Sep 30, 2024 | -8.66 Mn |
| Jun 30, 2024 | -8.30 Mn |
| Mar 31, 2024 | -9.13 Mn |
| Dec 31, 2023 | -12.65 Mn |
| Sep 30, 2023 | -5.93 Mn |
| Jun 30, 2023 | -8.50 Mn |
| Mar 31, 2023 | -12.65 Mn |
| Dec 31, 2022 | -34.52 Mn |
| Sep 30, 2022 | -13.40 Mn |
| Jun 30, 2022 | -11.37 Mn |
| Mar 31, 2022 | -9.99 Mn |
| Dec 31, 2021 | -7.04 Mn |
| Sep 30, 2021 | -4.89 Mn |
| Jun 30, 2021 | -3.14 Mn |