Ondas (ONDS) Gross Margin (2016 - 2026)
Ondas' Gross Margin was 43.13% in Q2 2026, down 9.99 percentage points from 53.12% a year earlier and down 6.07 percentage points from the prior quarter.
Ondas (ONDS) Gross Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ondas' Gross Margin was 43.72% through Jun 30, 2026, up 8.07 percentage points year-over-year; for FY2025, it came in at 39.73%, up 34.93 percentage points from FY2024.
- Gross Margin shows a five-year change of -3.14 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 4.80% in FY2024 (-35.87 pp), 40.67% in FY2023 (-11.51 pp), 52.18% in FY2022 (+14.48 pp) and 37.70% in FY2021 (-5.17 pp).
- Quarterly Gross Margin has moved between -63.20% (Q1 2024) and 63.16% (Q3 2022) over five years.
- Compared with a year earlier, Gross Margin was higher in five of the last eight quarters, with an average year-over-year change of +23.49 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q1 2025 (a gain of 98.22 percentage points); the worst was Q1 2024 (a drop of 102.75 percentage points).
- Per Business Quant data, ONDS's Gross Margin in the three quarters before Q2 2026 was 49.20% (Q1 2026), 42.28% (Q4 2025) and 25.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 15.49% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 53.56% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 19.50% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 37.59% |
| 10 | Ondas | 4.07 Bn | 210.18 Mn | 36.13 Mn | 43.13% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.13% |
| Mar 31, 2026 | 49.20% |
| Dec 31, 2025 | 42.28% |
| Sep 30, 2025 | 25.79% |
| Jun 30, 2025 | 53.12% |
| Mar 31, 2025 | 35.03% |
| Dec 31, 2024 | 21.39% |
| Sep 30, 2024 | 3.21% |
| Jun 30, 2024 | -19.93% |
| Mar 31, 2024 | -63.20% |
| Dec 31, 2023 | 34.82% |
| Sep 30, 2023 | 20.82% |
| Jun 30, 2023 | 56.17% |
| Mar 31, 2023 | 39.56% |
| Dec 31, 2022 | 56.13% |
| Sep 30, 2022 | 63.16% |
| Jun 30, 2022 | 52.73% |
| Mar 31, 2022 | 29.81% |
| Dec 31, 2021 | 29.07% |
| Sep 30, 2021 | 4.80% |
Ondas Gross 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=gross-margin&ticker=ONDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=ONDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();