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Ondas Holdings (ONDS) has demonstrated significant growth and operational momentum in Q3 2025, with record revenue of $10.1 million, a 580% year-over-year increase, and a 60% sequential rise from Q2, surpassing analyst estimates of $7.039 million. Gross profit improved to $2.6 million, with gross margins increasing to 26% from 3% in Q3 2024. While the company reported a GAAP EPS loss of $0.03, this outperformed expectations of a $0.05 loss, reflecting scaling efficiencies and successful integration of acquisitions. Ondas raised its 2025 revenue outlook to at least $36 million and set a preliminary 2026 target of $110 million. The Ondas Autonomous Systems (OAS) unit was a key growth driver, contributing $10.0 million in Q3 revenue, an eightfold increase year-over-year. The company ended Q3 with $433.4 million in cash, cash equivalents, and restricted cash, significantly up from $30 million at year-end 2024. Strategic acquisitions, including Roboteam Ltd., and advancements in counter-drone and AI technologies have bolstered Ondas' market position. Notable developments include a second $8.2 million order for Iron Drone Raider systems from a European security authority and a successful AI-based pilot program for detecting explosive hazards in the Middle East. Analysts have raised the average 12-month price target for Ondas by 35.19% to $14.33, citing strong revenue growth and expanding market opportunities. However, challenges remain, including profitability concerns, with a net margin of -86.97% and a return on equity of -3.04%. Despite these hurdles, Ondas is well-positioned for continued growth in the autonomous systems and defense sectors.
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Recent news for ONDS

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Ondas Shares Rise After Optimus Drone Granted Blue List Status

Ondas Inc. (NASDAQ:ONDS) shares are trading higher Wednesday after the company announced its Optimus drone has been granted Blue List status by the Defense Contract Management Agency.

About ONDS

Ondas Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. The company operates in two business segments namely Ondas Networks and Ondas Autonomous Systems. ... Read more

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