Ondas Inc: Beat — EPS -$0.10, Revenue $167.49M
Earnings BeatQ3 2026 · Pre-market
Did Ondas Inc (ONDS) beat earnings?
Yes, Ondas Inc (ONDS) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+28.57% surprise
-$0.10Actual
Expected: -$0.14
vs. year ago -233.3%
Total Revenue+13.14% surprise
$167.49MActual
Expected: $148.04M
vs. year ago +1558.6%
Released Nov 12 · 8:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $167.49M | $10.10M | +1558.6% |
| Net Loss | $(64,672K) | $(7,481K) | - |
| GAAP Basic EPS | $(0.10) | $(0.03) | - |
| GAAP Diluted EPS | $(0.10) | $(0.03) | - |
Financial Outlook / Guidance
| Metric | Q4 FY26 Outlook | FY27 Outlook | ||
|---|---|---|---|---|
| Guidance | Expected | Guidance | Expected | |
| Revenue | >$250M; FY26 ≥$550M (prev. $525M-$550M, >10x YoY, ≥75% organic YoY | $254.82MMiss -1.89% | ≥$1.1B (+100% YoY, >40% organic YoY | $1.01BBeat +8.91% |
| Operating Platform Adj. EBITDA | Profitability | — | — | — |
| Company-wide Adj. EBITDA | — | — | Profitability by Q3 FY27 (prev. Q4 FY27 | — |
Q4 FY26 Outlook
- Revenue
- Guidance>$250M; FY26 ≥$550M(prev. $525M-$550M, >10x YoY, ≥75% organic YoYExpected$254.82MMiss -1.89%
- Operating Platform Adj. EBITDA
- GuidanceProfitabilityExpected—
- Company-wide Adj. EBITDA
- Guidance—Expected—
FY27 Outlook
- Revenue
- Guidance≥$1.1B(+100% YoY, >40% organic YoYExpected$1.01BBeat +8.91%
- Operating Platform Adj. EBITDA
- Guidance—Expected—
- Company-wide Adj. EBITDA
- GuidanceProfitability by Q3 FY27(prev. Q4 FY27Expected—
Business Highlights
- ➤Established Ondas Sentinel as a core U.S. defense platform combining DZYNE Technologies and World View.
- ➤Formed Regna AI to develop and deploy mission-critical sovereign AI applications.
- ➤Regna AI will leverage NVIDIA Nemotron models and Palantir deployment platforms.
- ➤Created a dedicated Land Systems segment consolidating UGV and autonomous land technologies.
- ➤Completed six strategic acquisitions: DZYNE, Cyberhawk, Gate/Bron, Ottopia, Insignito, and Caribou Labs.
- ➤Planned Stemme acquisition is intended to expand ULTRA S12 production capacity and supply chain.
- ➤Opened a long-endurance training, testing, and flight-operations hub in Springfield, Ohio.
- ➤Expanded Sentrycs counter-UAS protection across major sporting venues and multiple NFL stadiums.
- ➤Opened a Huntsville, Alabama office supporting Counter-UAS marketing, demonstrations, training, and services.
- ➤Secured a U.S. Army follow-on task order under the Lethal Unmanned Systems IDIQ.
- ➤Selected for Israel MOD's strategic Digital Bat program for a tactical attack drone platform.
- ➤Launched Dronebuster REACH; first system is contracted for delivery to the U.S. Office of Naval Research.
- ➤Completed the first flight of Blitz Block 3 for Sentinel's autonomous UAS platform.
Management Commentary
Eric Brock, Chairman and CEO of Ondas
“This quarter demonstrates the growing benefits of Ondas' integrated operating platform. Our businesses are gaining access to larger customers, broader channels, and stronger production and field-support capabilities, allowing mission-ready technologies to move more quickly from evaluation into deployment. The next phase is about disciplined execution: delivering on customer commitments, integrating our capabilities, and converting demand to sustainable growth and improving profitability.”
Eric Brock, Chairman and CEO of Ondas
“Our differentiation increasingly comes from combining autonomous systems, mission software, AI, and critical components into solutions that can be deployed and supported across multiple domains. Ondas Sentinel strengthens our ability to pursue and execute complex U.S. defense programs, while Regna AI extends our sovereign AI capabilities and creates opportunities to serve customers beyond our own hardware platforms. Together, these initiatives expand our addressable market, strengthen our customer relationships, and increase the software, services, and repeat revenue potential of the Ondas platform.”
Eric Brock, Chairman and CEO of Ondas
“We expect a strong finish to 2026, with momentum accelerating in the fourth quarter as volume deliveries ramp across existing programs and we convert pipeline opportunities into customer programs. Our order book remains healthy, our pipeline continues to expand, and our ability to produce, deliver, and sustain solutions for customers continues to strengthen. We are investing to support visible customer demand and build the production, supply-chain, deployment, and sustainment infrastructure required to deliver at scale. Over the next twelve months and beyond, we expect this growth to support meaningful operating leverage and improved profitability, supporting continued investment in innovation, market expansion, and long-term shareholder value.”