Israel was Ondas’s largest region in fiscal 2025, bringing in $30.84M of $50.73M (61%).
| Geography | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Israel | — | $429.11K | $4.28M | $30.84M |
| Germany | — | — | — | $6.58M |
| United Arab Emirates | — | $8.52M | $753.00K | $3.89M |
| Other Countries | — | — | $329.00K | $7.84M |
| United States | $2.13M | $5.72M | $1.83M | $1.57M |
| United Kingdom | — | $995.36K | — | — |
| India | — | $27.74K | — | — |
| Total | $2.13M | $15.69M | $7.19M | $50.73M |
Ondas brought in $50.73M from its five regions in fiscal 2025, the year ended December 31, 2025. Ondas regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $7.19M. Israel was the largest at $30.84M (60.8%), ahead of Other Countries at $7.84M (15.5%) and Germany at $6.58M (13.0%). The other two regions brought in $5.46M combined.
Compared with fiscal 2024, Other Countries grew fastest, up 2,283.3% to $7.84M, while United States fell the most, down 14.1% to $1.57M.
Ondas began breaking out Israel in fiscal 2023, Germany in fiscal 2025, United Arab Emirates in fiscal 2023 and Other Countries in fiscal 2024. Ondas stopped reporting United Kingdom ($995.36K in fiscal 2023) and India ($27.74K in fiscal 2023) as separate regions.
Product Revenue was Ondas’s largest product and service line in fiscal 2025, bringing in $34.58M of $50.73M (68%).
| Product and Service | FY 2017 | FY 2018 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Product Revenue | $872.66K | $6.86M | $2.80M | $34.58M | ||
| Service Revenue | — | $2.11M | $2.49M | $10.24M | ||
| Development Revenue | $934.02K | $1.46M | $1.91M | $5.91M | ||
| Service & Subscription Revenue | $319.14K | — | — | — | ||
| Product | — | — | — | — | ||
| Service | — | — | — | — | ||
| Total | $2.13M | $10.43M | $7.19M | $50.73M |
Ondas brought in $50.73M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 605.3% from $7.19M in fiscal 2024. Product Revenue was the largest at $34.58M (68.2%), ahead of Service Revenue at $10.24M (20.2%) and Development Revenue at $5.91M (11.6%).
Compared with fiscal 2024, Product Revenue grew fastest, up 1,136.9% to $34.58M. Every line above 2% of revenue grew.
Ondas stopped reporting Service & Subscription Revenue as a separate line after fiscal 2022, when it brought in $319.14K.
Revenue Recognized Point In Time was Ondas’s largest revenue line in fiscal 2025, bringing in $41.78M of $50.73M (82%).
| Timing of Transfer of Good or Service | FY 2017 | FY 2018 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Revenue Recognized Point In Time | $872.66K | $14.07M | $4.50M | $41.78M | ||
| Transferred At Point In Time | — | — | — | — | ||
| Revenue Recognized Over Time | $1.25M | $1.62M | $2.70M | $8.95M | ||
| Transferred Over Time | — | — | — | — | ||
| Total | $2.13M | $15.69M | $7.19M | $50.73M |
Ondas brought in $50.73M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 605.3% from $7.19M in fiscal 2024. Revenue Recognized Point In Time was the largest at $41.78M (82.4%), ahead of Revenue Recognized Over Time at $8.95M (17.6%).
Compared with fiscal 2024, Revenue Recognized Point In Time grew 829.2% to $41.78M and Revenue Recognized Over Time grew 231.9% to $8.95M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $2.13M to $50.73M, a compound annual growth rate of 187.9%. Revenue Recognized Point In Time's share of the total rose from 41.1% to 82.4%.
Ondas (ONDS) reports its revenue by geography, by product and service and by timing of transfer of good or service. In fiscal 2025, Israel was its largest region, bringing in $30.84M (60.8% of the total), followed by Other Countries at $7.84M (15.5%).
Israel was Ondas' largest region in fiscal 2025, bringing in $30.84M, or 60.8% of the $50.73M total across its five regions.
Product Revenue was Ondas' largest product and service line in fiscal 2025, bringing in $34.58M, or 68.2% of the $50.73M total across its three product and service lines.
Revenue Recognized Point In Time was Ondas' largest revenue line in fiscal 2025, bringing in $41.78M, or 82.4% of the $50.73M total across its two revenue lines.
Among Ondas' product and service lines that make up at least 2% of revenue, Product Revenue grew fastest in fiscal 2025, up 1,136.9% from $2.80M to $34.58M.
Every figure comes from Ondas' annual financial filings, as reported. Each line keeps the name Ondas gives it, and years follow its fiscal calendar.
Ondas' revenue by geography goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.