Growth Metrics

Ondas (ONDS) Operating Expenses (2016 - 2025)

Ondas' Operating Expenses history spans 10 years, with the latest figure at $18.1 million for Q3 2025.

  • For Q3 2025, Operating Expenses rose 107.94% year-over-year to $18.1 million; the TTM value through Sep 2025 reached $51.9 million, up 29.96%, while the annual FY2024 figure was $35.0 million, 24.19% down from the prior year.
  • Operating Expenses for Q3 2025 was $18.1 million at Ondas, up from $12.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $34.8 million in Q4 2022 and bottomed at $3.4 million in Q2 2021.
  • The 5-year median for Operating Expenses is $10.1 million (2022), against an average of $11.2 million.
  • The largest annual shift saw Operating Expenses skyrocketed 382.68% in 2022 before it plummeted 58.68% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $7.2 million in 2021, then surged by 382.68% to $34.8 million in 2022, then tumbled by 58.68% to $14.4 million in 2023, then tumbled by 34.59% to $9.4 million in 2024, then skyrocketed by 92.61% to $18.1 million in 2025.
  • Per Business Quant, the three most recent readings for ONDS's Operating Expenses are $18.1 million (Q3 2025), $12.6 million (Q2 2025), and $11.8 million (Q1 2025).