Ondas (ONDS) Free Cash Flow (2016 - 2026)

Ondas (ONDS) reported Free Cash Flow of -$52.6 million for Q1 2026, down 670.57% on a YoY basis from $9.2 million in Q1 2025, and down 312.76% sequentially from -$12.8 million in Q4 2025.

Ondas (ONDS) Free Cash Flow (2016 - 2026) Analysis & Trends

Ondas (ONDS) has 11 years of Free Cash Flow data on file, last reported at -$52.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 670.57% year-over-year to -$52.6 million; the trailing twelve-month figure through Mar 2026 stood at -$84.6 million (down 154.07% YoY), and the FY2025 full-year result was -$38.8 million, down 10.48% from the prior year.
  • Free Cash Flow eased to -$52.6 million in Q1 2026, from -$12.8 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$6.0 million in Q4 2023 to a low of -$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.
  • Across the five-year window, Free Cash Flow soared 46.88% in 2023 and slumped 670.57% in 2026, its largest moves.
  • Tracing ONDS's Free Cash Flow over 5 years: stood at -$11.1 million in 2022, then surged by 45.8% to -$6.0 million in 2023, then sank by 61.14% to -$9.7 million in 2024, then sank by 31.29% to -$12.8 million in 2025, then slumped by 312.76% to -$52.6 million in 2026.
  • Business Quant data shows ONDS's Free Cash Flow at -$52.6 million in Q1 2026, -$12.8 million in Q4 2025, and -$10.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Cisco Systems 450.69 Bn 434.05 Bn 10.08 Bn 3.34 Bn
2 Motorola Solutions 70.59 Bn 69.71 Bn 1.36 Bn 389.00 Mn
3 Hewlett Packard Enterprise 63.27 Bn 58.43 Bn 9.10 Bn 609.00 Mn
4 Ciena 52.49 Bn 51.19 Bn 625.52 Mn 212.74 Mn
5 Lumentum Holdings 51.08 Bn 47.91 Bn 357.00 Mn 79.10 Mn
6 Nokia 49.15 Bn 41.84 Bn 9.86 Bn -
7 Ubiquiti 32.37 Bn 32.00 Bn 370.71 Mn 162.23 Mn
8 Ericsson Lm Telephone 31.92 Bn 26.24 Bn 2.53 Bn 664.31 Mn
9 AST SpaceMobile 16.75 Bn 16.75 Bn 3.67 Mn -309.66 Mn
10 Ondas 3.51 Mn -1.46 Bn 24.66 Mn -52.63 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 -6.03 Mn
Dec 31, 2023 -6.03 Mn