Ondas (ONDS) Operating Income (2016 - 2026)

Ondas (ONDS) reported Operating Income of -$42.7 million for Q1 2026, down 313.88% on a YoY basis from $20.0 million in Q1 2025, and down 82.97% sequentially from -$23.3 million in Q4 2025.

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

Ondas (ONDS) has 11 years of Operating Income data on file, last reported at -$42.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 313.88% year-over-year to -$42.7 million; the trailing twelve-month figure through Mar 2026 stood at -$90.7 million (down 153.53% YoY), and the FY2025 full-year result was -$58.4 million, down 68.7% from the prior year.
  • Operating Income slipped to -$42.7 million in Q1 2026, from -$23.3 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of -$5.9 million in Q3 2023 to a low of -$42.7 million in Q1 2026.
  • A 5-year average of -$14.4 million and a median of -$10.3 million in 2025 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income slumped 390.25% in 2022 and surged 63.36% in 2023, its largest moves.
  • Tracing ONDS's Operating Income over 5 years: stood at -$34.5 million in 2022, then surged by 63.36% to -$12.6 million in 2023, then surged by 32.65% to -$8.5 million in 2024, then tumbled by 173.8% to -$23.3 million in 2025, then slumped by 82.97% to -$42.7 million in 2026.
  • Business Quant data shows ONDS's Operating Income at -$42.7 million in Q1 2026, -$23.3 million in Q4 2025, and -$15.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Cisco Systems 453.37 Bn 436.73 Bn 10.08 Bn 3.96 Bn
2 Motorola Solutions 70.27 Bn 69.38 Bn 1.36 Bn 525.00 Mn
3 Hewlett Packard Enterprise 63.69 Bn 58.85 Bn 9.10 Bn 470.00 Mn
4 Ciena 53.18 Bn 51.88 Bn 625.52 Mn 189.41 Mn
5 Lumentum Holdings 51.52 Bn 48.34 Bn 357.00 Mn 174.50 Mn
6 Nokia 49.69 Bn 42.38 Bn 9.86 Bn -158.18 Mn
7 Ubiquiti 32.42 Bn 32.06 Bn 370.71 Mn 290.82 Mn
8 Ericsson Lm Telephone 32.17 Bn 26.49 Bn 2.53 Bn 621.28 Mn
9 AST SpaceMobile 16.79 Bn 16.79 Bn 3.67 Mn -160.48 Mn
10 Ondas 3.50 Mn -1.46 Bn 24.66 Mn -42.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -42.67 Mn
Dec 31, 2025 -23.32 Mn
Sep 30, 2025 -15.50 Mn
Jun 30, 2025 -9.25 Mn
Mar 31, 2025 -10.31 Mn
Dec 31, 2024 -8.52 Mn
Sep 30, 2024 -8.66 Mn
Jun 30, 2024 -8.30 Mn
Mar 31, 2024 -9.13 Mn
Dec 31, 2023 -12.65 Mn
Sep 30, 2023 -5.93 Mn
Jun 30, 2023 -8.50 Mn
Mar 31, 2023 -12.65 Mn
Dec 31, 2022 -34.52 Mn
Sep 30, 2022 -13.55 Mn
Jun 30, 2022 -11.37 Mn
Mar 31, 2022 -9.99 Mn
Dec 31, 2021 -7.04 Mn
Sep 30, 2021 -4.91 Mn
Jun 30, 2021 -3.14 Mn