Ondas (ONDS) Operating Margin (2016 - 2026)

Ondas' (ONDS) quarterly Operating Margin came in at 85.13% in Q1 2026, up 15757.0% year-on-year from N/an in Q1 2025, and down 458.22% quarter-over-quarter from 23.77% in Q4 2025.

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

Ondas has disclosed Operating Margin across 11 years of filings, most recently posting 85.13% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 85.13%, up 15757.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 62.39% (up 26853.0% YoY), and the FY2025 annual result was 55.01%, up 42614.0% from the prior year.
  • Operating Margin came in at 85.13% for Q1 2026 at Ondas, down from 23.77% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 23.77% in Q4 2025 to a low of 7207.24% in Q4 2022.
  • The 5-year median for Operating Margin is 254.89% (2023), against an average of 1088.89%.
  • Across the five-year window, Operating Margin sank 597475 bps in 2022 and soared 695235 bps in 2023, its largest moves.
  • Ondas' Operating Margin stood at 7207.24% in 2022, then surged by 96 bps to 254.89% in 2023, then rose by 19 bps to 206.27% in 2024, then surged by 112 bps to 23.77% in 2025, then slumped by 458 bps to 85.13% in 2026.
  • The last three Operating Margin figures came in at 85.13% (Q1 2026), 23.77% (Q4 2025), and 153.53% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 25.00%
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 13.27%
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 19.34%
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 5.05%
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 21.59%
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 36.90%
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -1,584.72%
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn -8.60%
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 14.38%
10 Ondas 4.64 Mn -1.90 Bn 24.66 Mn -85.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 -85.13%
Dec 31, 2025 23.77%
Sep 30, 2025 -153.53%
Jun 30, 2025 -147.43%
Mar 31, 2025 -242.70%
Dec 31, 2024 -206.27%
Sep 30, 2024 -584.87%
Jun 30, 2024 -866.90%
Mar 31, 2024 -1,460.33%
Dec 31, 2023 -254.89%
Sep 30, 2023 -222.65%
Jun 30, 2023 -155.36%
Mar 31, 2023 -487.39%
Dec 31, 2022 -7,207.24%
Sep 30, 2022 -2,142.13%
Jun 30, 2022 -1,882.28%
Mar 31, 2022 -2,435.73%
Dec 31, 2021 -1,232.49%
Sep 30, 2021 -1,734.15%
Jun 30, 2021 -353.64%