Ondas (ONDS) Research & Development (2017 - 2026)
Ondas (ONDS) recorded Research & Development of $30.95 million in Q2 2026, up 630.5% from $4.24 million a year earlier and up 129.0% from the prior quarter.
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Analysis
Ondas (ONDS) Research & Development (2017 - 2026) Analysis & Trends
On a TTM basis, Ondas' Research & Development came in at $57.65 million as of Jun 30, 2026, up 311.3% year-over-year; for FY2025, it came in at $20.88 million, up 67.4% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 42.2% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $12.48 million in FY2024 (-27.2%), $17.15 million in FY2023 (-28.7%), $24.04 million in FY2022 (+314.5%) and $5.8 million in FY2021 (+61.7%).
- The Q2 2026 figure is the highest quarterly Research & Development in data going back to Q3 2017.
- On a year-over-year basis, Research & Development has increased for five consecutive quarters, with growth averaging 152.8% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 630.5% in Q2 2026, against a decline of 67.9% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $13.52 million (Q1 2026), $8.67 million (Q4 2025) and $4.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 460.00 Mn |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 726.00 Mn |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | - |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 260.00 Mn |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | - |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 524.00 Mn |
| 10 | Ondas | 4.07 Bn | 210.18 Mn | 36.13 Mn | 30.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.95 Mn |
| Mar 31, 2026 | 13.52 Mn |
| Dec 31, 2025 | 8.67 Mn |
| Sep 30, 2025 | 4.51 Mn |
| Jun 30, 2025 | 4.24 Mn |
| Mar 31, 2025 | 3.46 Mn |
| Dec 31, 2024 | 3.14 Mn |
| Sep 30, 2024 | 3.18 Mn |
| Jun 30, 2024 | 2.64 Mn |
| Mar 31, 2024 | 3.51 Mn |
| Dec 31, 2023 | 2.96 Mn |
| Sep 30, 2023 | 2.70 Mn |
| Jun 30, 2023 | 4.51 Mn |
| Mar 31, 2023 | 6.97 Mn |
| Dec 31, 2022 | 9.23 Mn |
| Sep 30, 2022 | 5.79 Mn |
| Jun 30, 2022 | 4.87 Mn |
| Mar 31, 2022 | 3.91 Mn |
| Dec 31, 2021 | 2.37 Mn |
| Sep 30, 2021 | 1.78 Mn |
API Access
Ondas Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ONDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ONDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ONDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();