Ondas (ONDS) FCF Margin (2016 - 2026)
Ondas' (ONDS) quarterly FCF Margin came in at 105.0% in Q1 2026, up 5578.0% year-on-year from 1.85% in Q1 2025, and down 114.41% quarter-over-quarter from 48.97% in Q4 2025.
Ondas (ONDS) FCF Margin (2016 - 2026) Analysis & Trends
Ondas has disclosed FCF Margin across 11 years of filings, most recently posting 105.0% for Q1 2026.
- FCF Margin for Q1 2026 came in at 105.0%, up 5578.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 89.62% (up 20361.0% YoY), and the FY2025 annual result was 80.38%, up 38576.0% from the prior year.
- FCF Margin came in at 105.0% for Q1 2026 at Ondas, down from 48.97% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 48.97% in Q4 2025 to a low of 2321.84% in Q4 2022.
- The 5-year median for FCF Margin is 235.4% (2023), against an average of 734.39%.
- Across the five-year window, FCF Margin sank 184174 bps in 2022 and surged 220036 bps in 2023, its largest moves.
- Ondas' FCF Margin stood at 2321.84% in 2022, then jumped by 95 bps to 121.48% in 2023, then slumped by 62 bps to 197.04% in 2024, then soared by 75 bps to 48.97% in 2025, then slumped by 114 bps to 105.0% in 2026.
- The last three FCF Margin figures came in at 105.0% (Q1 2026), 48.97% (Q4 2025), and 105.99% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 21.10% |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 10.77% |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 14.33% |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 6.55% |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 9.78% |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 19.71% |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -2,101.51% |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -94.99% |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 10.90% |
| 10 | Ondas | 4.64 Mn | -1.90 Bn | 24.66 Mn | -105.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -105.00% |
| Dec 31, 2025 | -48.97% |
| Sep 30, 2025 | -105.99% |
| Jun 30, 2025 | -135.49% |
| Mar 31, 2025 | -160.78% |
| Dec 31, 2024 | -197.04% |
| Sep 30, 2024 | -461.67% |
| Jun 30, 2024 | -1,034.96% |
| Mar 31, 2024 | -1,382.96% |
| Dec 31, 2023 | -121.48% |
| Sep 30, 2023 | -235.40% |
| Jun 30, 2023 | -163.88% |
| Mar 31, 2023 | -499.52% |
| Dec 31, 2022 | -2,321.84% |
| Sep 30, 2022 | -1,867.19% |
| Jun 30, 2022 | -1,532.47% |
| Mar 31, 2022 | -2,109.99% |
| Dec 31, 2021 | -1,070.49% |
| Sep 30, 2021 | -1,603.40% |
| Jun 30, 2021 | -454.87% |