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$ONDS
Ondas Holdings reports Q4 results; raises full-year 2026 revenue target
Ondas Holdings press release (ONDS): Q4 net loss was $101.0 million for the three months ended December 31, 2025
Revenue of $30.1M (+629% Y/Y).
Ended 2025 with $68.3 million in backlog up from $20.3 million in the prior quarter, reflecting accelerating global demand for OAS autonomous drone, counter-UAS and robotics solutions.
Adjusted EBITDA loss was $9.9 million for the three months ended December 31, 2025, versus $8.1 million for the three months ended September 30, 2025 and $7.0 million for the three months ended December 31, 2024.
Raising full-year 2026 revenue target to at least $375 million and establishing Q1 2026 revenue target of $38 - $40 million (vs. consensus of $28.37M), representing approximately 640% and 820% year-over-year growth, respectively.
Balance sheet strengthened with approximately $594.4 million in cash, cash equivalents and restricted cash as of December 31, 2025, and with approximately $960 million in net cash proceeds raised in January 2026, providing substantial capacity to support organic growth and strategic M&A