Ondas (ONDS) Free Cash Flow (2016 - 2026)
Ondas (ONDS) posted Free Cash Flow of -$52.6 million for Q1 2026, down 312.76% sequentially from -$12.8 million in Q4 2025, and down 670.57% YoY from $9.2 million in Q1 2025.
Ondas (ONDS) Free Cash Flow (2016 - 2026) Analysis & Trends
Ondas has reported Free Cash Flow for 11 years, with the latest figure at -$52.6 million in Q1 2026.
- Quarterly Free Cash Flow fell 670.57% year-over-year to -$52.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$84.6 million (down 154.07% YoY) and the FY2025 annual result came in at -$38.8 million, down 10.48% from the prior year.
- Free Cash Flow eased to -$52.6 million in Q1 2026 per ONDS's latest filing, from -$12.8 million in the prior quarter.
- Over five years, Free Cash Flow peaked at -$6.0 million in Q4 2023 and troughed at -$52.6 million in Q1 2026.
- A 5-year average of -$11.9 million and a median of -$9.1 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2026: Free Cash Flow surged 46.88% in 2023, then plunged 670.57% in 2026.
- Over 5 years, Free Cash Flow stood at -$11.1 million in 2022, then surged by 45.8% to -$6.0 million in 2023, then plunged by 61.14% to -$9.7 million in 2024, then plunged by 31.29% to -$12.8 million in 2025, then sank by 312.76% to -$52.6 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$52.6 million, -$12.8 million, and -$10.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 827.00 Mn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 414.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 79.10 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 218.65 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 162.23 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 676.12 Mn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | -694.77 Mn |
| 10 | Ondas | 5.27 Bn | 3.89 Bn | 36.13 Mn | -93.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -93.84 Mn |
| Jun 30, 2026 | -93.84 Mn |
| Mar 31, 2026 | -52.63 Mn |
| Mar 31, 2026 | -52.63 Mn |
| Dec 31, 2025 | -12.75 Mn |
| Dec 31, 2025 | -12.75 Mn |
| Sep 30, 2025 | -10.70 Mn |
| Sep 30, 2025 | -10.70 Mn |
| Jun 30, 2025 | -8.50 Mn |
| Jun 30, 2025 | -8.50 Mn |
| Mar 31, 2025 | -6.83 Mn |
| Mar 31, 2025 | -6.83 Mn |
| Dec 31, 2024 | -9.71 Mn |
| Dec 31, 2024 | -9.71 Mn |
| Sep 30, 2024 | -9.10 Mn |
| Sep 30, 2024 | -9.10 Mn |
| Jun 30, 2024 | -7.65 Mn |
| Jun 30, 2024 | -7.65 Mn |
| Mar 31, 2024 | -8.64 Mn |
| Mar 31, 2024 | -8.64 Mn |