Ondas (ONDS) Invested Capital (2017 - 2026)
Ondas' Invested Capital was $1.58 billion in Q2 2026, compared with $102.35 million a year earlier and up 45.9% from the prior quarter.
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Analysis
Ondas (ONDS) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, Invested Capital at Ondas came in at $446.77 million, up 791.7% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 94.5% (FY2020 to FY2025).
- In earlier years, Invested Capital was $50.1 million in FY2024 (-40.9%), $84.82 million in FY2023 (+14.0%), $74.37 million in FY2022 (-33.9%) and $112.53 million in FY2021 (+601.2%).
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q4 2017.
- Compared with a year earlier, Invested Capital was higher in three of the last five quarters, with growth averaging 164.7%.
- The best year-over-year quarter for Invested Capital over five years was Q4 2025 (growth of 791.7%); the worst was Q3 2024 (a decline of 41.8%).
- Per Business Quant data, ONDS's Invested Capital in the three quarters before Q2 2026 was $1.08 billion (Q1 2026), $446.77 million (Q4 2025) and $493.63 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 37.02 Bn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 105.50 Bn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 52.02 Bn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 29.31 Bn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 10.68 Bn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 34.34 Bn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 11.72 Bn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 32.31 Bn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 52.87 Bn |
| 10 | Ondas | 3.88 Bn | 24.74 Mn | 36.13 Mn | 1.58 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.58 Bn |
| Mar 31, 2026 | 1.08 Bn |
| Dec 31, 2025 | 446.77 Mn |
| Sep 30, 2025 | 493.63 Mn |
| Jun 30, 2025 | 102.35 Mn |
| Mar 31, 2025 | 57.53 Mn |
| Dec 31, 2024 | 50.10 Mn |
| Sep 30, 2024 | 43.93 Mn |
| Jun 30, 2024 | 48.57 Mn |
| Mar 31, 2024 | 55.44 Mn |
| Dec 31, 2023 | 84.82 Mn |
| Sep 30, 2023 | 75.52 Mn |
| Jun 30, 2023 | 71.39 Mn |
| Mar 31, 2023 | 80.07 Mn |
| Dec 31, 2022 | 74.37 Mn |
| Sep 30, 2022 | 94.10 Mn |
| Jun 30, 2022 | 106.00 Mn |
| Mar 31, 2022 | 103.85 Mn |
| Dec 31, 2021 | 112.53 Mn |
| Sep 30, 2021 | 115.23 Mn |
API Access
Ondas Invested Capital 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=invested-capital&ticker=ONDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ONDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();