How much revenue does Ondas Holdings (ONDS) generate?

Ondas Holdings (ONDS) generated $96.60M in total revenue in TTM through Q1 2026, with a net profit margin of 253.7%, equivalent to roughly $245.07M in net income — what remains after every operating cost, interest payment, and income tax has been paid.

What is the gross profit margin of Ondas Holdings (ONDS)?

Ondas Holdings (ONDS) reported a gross profit margin of 44.8% in TTM through Q1 2026, equivalent to $43.33M in gross profit on $96.60M in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Ondas Holdings (ONDS)?

Ondas Holdings (ONDS) reported an operating profit margin of -93.9% in TTM through Q1 2026, equivalent to −$90.74M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Ondas Holdings (ONDS)?

Ondas Holdings (ONDS) reported a net profit margin of 253.7% in TTM through Q1 2026, equivalent to $245.07M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Ondas Holdings (ONDS) profitable?

Yes. Ondas Holdings (ONDS) reported $245.07M in net income for TTM through Q1 2026, with a net profit margin of 253.7%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Ondas Holdings (ONDS) invest in research and development?

Ondas Holdings (ONDS) invested $30.94M in research and development during TTM through Q1 2026, roughly 32.0% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Ondas Holdings (ONDS) spend on capital expenditures?

Ondas Holdings (ONDS) spent $1.92M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 2.0% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Ondas Holdings (ONDS) generate?

Ondas Holdings (ONDS) generated −$85.30M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of -88.3%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Ondas Holdings (ONDS)?

Ondas Holdings (ONDS) had an effective tax rate of 0.3% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

Where does Ondas Holdings (ONDS) generate most of its revenue?

ISRAEL is the largest geographic market for Ondas Holdings (ONDS), accounting for 58.5% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Ondas Holdings Makes Money: 2026 Visual Revenue Map

Ondas Holdings (ONDS) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 15, 2026).

Ondas Holdings (ONDS) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Ondas Holdings (ONDS), TTM through Q1 2026
Region	Revenue (USD)	% of total
ISRAEL	$49.95M	58.5%
Europe	$15.19M	17.8%
Asia	$12.00M	14.1%
North America	$3.31M	3.9%
UNITED ARAB EMIRATES	$2.66M	3.1%
UNITED STATES	$1.35M	1.6%
Other Countries Member	$835.00K	1%
INDIA	$53.47K	0.1%
Total	$85.36M	100%

ISRAEL
Europe
Asia
North America
UNITED ARAB EMIRATES
UNITED STATES
Other Countries Member
INDIA
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Ondas Holdings (ONDS) generated 58.5% of revenue from ISRAEL, followed by Europe (17.8%) and Asia (14.1%).

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Ondas Holdings (ONDS) Income Statement Flow — TTM through Q1 2026

Ondas Holdings (ONDS) Revenue by Geography — TTM through Q1 2026

Revenue Breakdown — TTM through Q1 2026

Frequently asked questions

+How much revenue does Ondas Holdings (ONDS) generate?

+What is the gross profit margin of Ondas Holdings (ONDS)?

+What is the operating profit margin of Ondas Holdings (ONDS)?

+What is the net profit margin of Ondas Holdings (ONDS)?

+Is Ondas Holdings (ONDS) profitable?

+How much does Ondas Holdings (ONDS) invest in research and development?

+How much does Ondas Holdings (ONDS) spend on capital expenditures?

+How much free cash flow does Ondas Holdings (ONDS) generate?

+What is the effective tax rate of Ondas Holdings (ONDS)?

+Where does Ondas Holdings (ONDS) generate most of its revenue?

Data & methodology

+What is a Sankey diagram?

+How is the data calculated?

+Where do segment and geographic numbers come from?

+When was this data last updated?

Ondas Holdings (ONDS) Key Financials

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