Ondas ONDS
NASDAQ ONDS
$7.62 -0.01 (-0.13%)
At close: Sep 4, 2026 · 4:00 PM EDT

Ondas (ONDS) Operating Expenses (2016 - 2026)

Ondas' (ONDS) quarterly Operating Expenses came in at $199.1 million in Q2 2026, up 1482.24% year-over-year from $12.6 million in Q2 2025, and up 195.68% quarter-over-quarter from $67.3 million in Q1 2026.

Analysis

Ondas (ONDS) Operating Expenses (2016 - 2026) Analysis & Trends

Ondas has disclosed Operating Expenses across 11 years of filings, most recently posting $199.1 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 1482.24% year-over-year to $199.1 million; the TTM figure through Jun 2026 stood at $320.6 million (up 654.47% YoY), while the FY2025 annual figure was $78.5 million, up 124.7% from the prior year.
  • Operating Expenses came in at $199.1 million for Q2 2026 at Ondas, up from $67.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $199.1 million in Q2 2026 to a low of $6.5 million in Q3 2023.
  • Average Operating Expenses over 5 years is $27.6 million, with a median of $12.2 million recorded in 2025.
  • Year-over-year, Operating Expenses slumped 58.68% in 2023 and soared 1482.24% in 2026.
  • Over 5 years, Operating Expenses stood at $34.8 million in 2022, then tumbled by 58.68% to $14.4 million in 2023, then sank by 34.6% to $9.4 million in 2024, then soared by 283.5% to $36.1 million in 2025, then jumped by 452.2% to $199.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $199.1 million in Q2 2026, $67.3 million in Q1 2026, and $36.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Lockheed Martin 121.20 Bn 117.41 Bn 2.45 Bn -
2 General Dynamics 97.24 Bn 92.90 Bn 6.76 Bn 12.63 Bn
3 Motorola Solutions 77.45 Bn 76.75 Bn 1.68 Bn 756.00 Mn
4 Northrop Grumman 73.15 Bn 70.84 Bn 3.72 Bn 9.78 Bn
5 L3Harris Technologies 47.76 Bn 47.20 Bn 1.50 Bn 848.00 Mn
6 Elbit Systems 32.66 Bn 31.70 Bn 579.01 Mn 360.21 Mn
7 Teledyne Technologies 28.32 Bn 27.98 Bn 738.10 Mn 1.33 Bn
8 Curtiss Wright 20.93 Bn 20.46 Bn 364.09 Mn 139.39 Mn
9 Leidos Holdings 16.70 Bn 16.01 Bn 817.00 Mn 310.00 Mn
10 Ondas 4.04 Bn 2.66 Bn 36.13 Mn 199.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 199.08 Mn
Mar 31, 2026 67.33 Mn
Dec 31, 2025 36.05 Mn
Sep 30, 2025 18.11 Mn
Jun 30, 2025 12.58 Mn
Mar 31, 2025 11.80 Mn
Dec 31, 2024 9.40 Mn
Sep 30, 2024 8.71 Mn
Jun 30, 2024 8.11 Mn
Mar 31, 2024 8.73 Mn
Dec 31, 2023 14.37 Mn
Sep 30, 2023 6.49 Mn
Jun 30, 2023 11.57 Mn
Mar 31, 2023 13.68 Mn
Dec 31, 2022 34.79 Mn
Sep 30, 2022 13.95 Mn
Jun 30, 2022 11.69 Mn
Mar 31, 2022 10.11 Mn
Dec 31, 2021 7.21 Mn
Sep 30, 2021 4.93 Mn