ONDS, US68236H2040

Ondas Holdings stock: Q3 revenue surges, 2026 outlook raised

Published on 11/13/2026 at 22:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ondas Holdings stock follows record Q3 revenue of 167.5 million US dollars and a higher 2026 target. Management also set a 2027 revenue goal.

Key earnings points

Third-quarter revenue reached 167.5 million US dollars, driven by acquisitions and demand for autonomous defense systems.
Backlog rose to approximately 835 million US dollars, while new orders reached 214 million US dollars during the quarter.
Management lifted the 2026 revenue target to at least 550 million US dollars and introduced a 2027 target of at least 1.1 billion US dollars.

ONDS, US68236H2040, Illustration mit AI erstellt.

Ondas Holdings reported record third-quarter revenue of 167.5 million US dollars on November 12, 2026, while raising its full-year outlook and introducing a 2027 revenue target. The figures were highlighted by Zacks Equity Research in a report published on November 13.

Revenue growth meets margin pressure

Revenue rose more than 16-fold from the year-earlier quarter and doubled from 83.8 million US dollars in the second quarter. The increase reflected acquired businesses and demand for counter-unmanned aircraft systems, precision-strike technologies and autonomous platforms.

Ondas recorded a net loss of 64.7 million US dollars, compared with a 7.5 million US dollar loss a year earlier. Gross profit increased to 36.5 million US dollars, but gross margin narrowed to 21.8% from 43.1% in the preceding quarter. The company also recorded 57.8 million US dollars in stock-based compensation and 25.3 million US dollars in amortization expenses.

Backlog supports higher targets

New orders totaled 214 million US dollars in the quarter and 507 million US dollars during the first nine months of 2026. Backlog reached approximately 835 million US dollars, up 36% sequentially, giving management a larger base for planned deliveries.

Ondas raised its 2026 revenue target to at least 550 million US dollars from the previous range of 525 million to 550 million US dollars. Fourth-quarter revenue is expected to exceed 250 million US dollars, with pro forma organic revenue growth of at least 75% year over year.

For 2027, management set an initial revenue target of at least 1.1 billion US dollars, excluding potential acquisitions. It expects operating-platform adjusted EBITDA profitability in the fourth quarter of 2026 and company-wide adjusted EBITDA profitability in the third quarter of 2027.