Ondas (ONDS) Operating Expenses (2016 - 2026)

Ondas has disclosed Operating Expenses across 11 years of filings, most recently posting $67.3 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $67.3 million, up 470.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $134.1 million (up 252.63% YoY), and the FY2025 annual result was $78.5 million, up 124.7% from the prior year.
• Operating Expenses came in at $67.3 million for Q1 2026 at Ondas, up from $36.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $67.3 million in Q1 2026 to a low of $6.5 million in Q3 2023.
• The 5-year median for Operating Expenses is $11.8 million (2025), against an average of $17.5 million.
• Across the five-year window, Operating Expenses tumbled 58.68% in 2023 and soared 470.68% in 2026, its largest moves.
• Ondas' Operating Expenses stood at $34.8 million in 2022, then sank by 58.68% to $14.4 million in 2023, then tumbled by 34.6% to $9.4 million in 2024, then soared by 283.5% to $36.1 million in 2025, then soared by 86.76% to $67.3 million in 2026.
• The last three Operating Expenses figures came in at $67.3 million (Q1 2026), $36.1 million (Q4 2025), and $18.1 million (Q3 2025), per Business Quant data.