Earnings ·
Ondas Inc. reported record second-quarter 2026 revenue of $83.8 million, a 67% sequential increase and more than…
ONDSOndas Inc.
Ondas Inc. reported record second-quarter 2026 revenue of $83.8 million, a 67% sequential increase and more than thirteen-fold year-over-year growth. The company secured $175 million in new orders during the quarter, bringing its pro forma backlog to approximately $757 million as of June 30, 2026, which includes acquisitions DZYNE Technologies and Cyberhawk that closed in Q3 2026. Ondas raised its full-year 2026 revenue target to a range of $525 million to $550 million and pulled forward Adjusted EBITDA profitability expectations to the fourth quarter of 2027 for company-wide results. The firm held approximately $1.4 billion in cash, cash equivalents, restricted cash, and short-term investments at the end of the quarter. Ondas Inc. operates in the defense and security industry, providing advanced autonomous systems, robotics, and mission-critical technologies.