Ondas reported Q1 revenue of $50.1 million, up 1,079% year-over-year, matching its entire FY2025 revenue base. Pro forma backlog surged to $457 million, while Q2-to-date orders exceeded $110 million, supporting revenue visibility. Gross margin expanded to 49% from 35% a year ago as software-driven revenue increasingly complements hardware sales.
ONDS lands a $4.8M SOUTHCOM contract as World View deploys high-altitude balloons for maritime ISR missions targeting illicit activity.
Ondas topped $110M in quarter-to-date orders and added $30M+ in May, as rising backlog and diversified defense programs fuel growth.
As drone warfare fundamentally shifts traditional military paradigms, Ondas is positioning itself at the center of the revolution.
Ondas (ONDS) is soaring on Thursday morning amidst a sector-wide rally on reports of the Trump administration considering funding domestic drone companies. According to The Wall Street Journal, the Defense Department is in discussions with several drone firms as Washington pushes to accelerate homegrown drone manufacturing capability.
The global drone industry is rapidly evolving into one of the most strategically important sectors in defense, surveillance, logistics and autonomous warfare.
ONDS acquires Omnisys to add AI battlefield orchestration software, boosting its autonomous defense portfolio and expanding software-driven growth.
ONDS compresses OAS adjusted EBITDA profitability timeline to Q1 2027 as margins improve, but rising costs and near-term losses raise questions on execution.
Ondas Holdings (NASDAQ:ONDS) has spent 2026 transforming itself from a niche drone software company into a sprawling defense-technology platform.
Ondas stock shows early breakout signals after earnings strength, but confirmation depends on holding above key moving averages and clearing neckline resistance near $11.61–$12.42.
Ondas Inc. (ONDS) Q1 2026 Earnings Call Transcript
Ondas Inc. just raised its 2026 revenue target from $110M to $390M as autonomous defense demand accelerates globally. The bears are still treating Ondas like a speculative drone stock, despite backlog surging to $457M and liquidity reaching $1.48B. With major acquisitions and expanding geopolitical tailwinds, ONDS is evolving into a fully autonomous defense platform.