Ondas Posts Record Q2 Revenue of $83.8M, Raises Full-Year Outlook to $525–$550M
ONDS has more than doubled off its 52-week low of $3.2.
Summary
Ondas reported record Q2 2026 revenue of $83.8 million, raised full-year guidance to $525–$550 million, and highlighted a $757 million pro forma backlog, while posting a net loss of $89.7 million due to growth investments and non-cash items.
Updates
· SEC 10-Q — 10-Q shows operating loss widened to $163M, cash and short-term investments $1.38B, and 529.8M shares outstanding.
Key Events · Earnings and Guidance · ONDS
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Record Q2 Revenue
Revenue reached $83.8 million, up 67% sequentially and over 13-fold year-over-year, driven by organic growth and acquisitions.
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Raised Full-Year Guidance
Full-year 2026 revenue target increased to $525–$550 million, with Q3 guidance of $140–$155 million.
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Strong Backlog and Cash Position
Pro forma backlog of $757 million as of June 30, 2026, and $1.4 billion in cash and short-term investments.
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Net Loss Despite Growth
Net loss of $89.7 million and Adjusted EBITDA loss of $50.6 million, reflecting heavy operating investments and non-cash charges.
Analysis · ONDS · Manufacturing
Ondas delivered record Q2 2026 revenue of $83.8 million, up 67% sequentially and more than 13-fold year-over-year, driven by strong organic growth and recent acquisitions. The company raised its full-year revenue target to $525–$550 million and guided Q3 revenue to $140–$155 million, signaling continued momentum. However, the quarter also showed a net loss of $89.7 million and an Adjusted EBITDA loss of $50.6 million, reflecting heavy investment in operating infrastructure and non-cash charges. The balance sheet remains strong with $1.4 billion in cash and short-term investments, providing runway for the aggressive acquisition strategy.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 37.9% of the 895 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.87%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ONDS was trading at $9.31 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $5.6B. The 52-week trading range was $3.20 to $15.28. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.