Ondas (ONDS) FCF Margin (2016 - 2026)
Ondas (ONDS) recorded FCF Margin of -112.02% in Q2 2026, up 23.48 percentage points from -135.50% a year earlier but down 7.02 percentage points from the prior quarter.
Ondas (ONDS) FCF Margin (2016 - 2026) Analysis & Trends
On a TTM basis, Ondas' FCF Margin came in at -98.75% as of Jun 30, 2026, up 98.87 percentage points year-over-year; for FY2025, it was -80.38%, up 407.66 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +268.22 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -488.04% in FY2024 (-269.90 pp), -218.15% in FY2023 (+1703.18 pp), -1921.33% in FY2022 (-1308.31 pp) and -613.02% in FY2021 (-264.42 pp).
- Quarterly FCF Margin has ranged from -2321.84% in Q4 2022 to -47.57% in Q4 2025 over the past five years.
- On a year-over-year basis, FCF Margin has increased for six consecutive quarters, with an average year-over-year change of +300.00 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 2200.36 percentage points in Q4 2023, against a drop of 1841.74 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -105.00% (Q1 2026), -47.57% (Q4 2025) and -110.17% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 21.90% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 11.65% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 2.57% |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 14.54% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 18.81% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 11.68% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 13.21% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 8.99% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 9.89% |
| 10 | Ondas | 4.07 Bn | 210.18 Mn | 36.13 Mn | -112.02% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -112.02% |
| Mar 31, 2026 | -105.00% |
| Dec 31, 2025 | -47.57% |
| Sep 30, 2025 | -110.17% |
| Jun 30, 2025 | -135.50% |
| Mar 31, 2025 | -160.78% |
| Dec 31, 2024 | -197.08% |
| Sep 30, 2024 | -567.94% |
| 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% |
Ondas FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ONDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ONDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ONDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();