Ondas Holdings Inc. (ONDS) Revenue History
Annual and quarterly revenue from 2014 to 2024
Compound Annual Growth Rate (CAGR)
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ONDS Revenue Growth
Revenue Breakdown (FY 2021)
ONDS's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
By Geography
ONDS Revenue Analysis (2014–2024)
As of May 8, 2026, Ondas Holdings Inc. (ONDS) generated trailing twelve-month (TTM) revenue of $24.7 million, reflecting explosive growth of +582.0% year-over-year. The most recent quarter (Q3 2025) recorded $10.1 million in revenue, up 61.0% sequentially.
Looking at the longer-term picture, ONDS's 5-year compound annual growth rate (CAGR) stands at +86.3%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $15.7 million in 2023.
Revenue diversification analysis shows ONDS's business is primarily driven by DevelopmentRevenueMember (83%), ProductRevenueMember (14%), and ServiceRevenueMember (3%). With over half of revenue concentrated in DevelopmentRevenueMember, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including AVAV (+116.9% YoY), KTOS (+21.8% YoY), and RCAT (+239.9% YoY), ONDS has underperformed the peer group in terms of revenue growth. Compare ONDS vs AVAV →
ONDS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ONDSCurrent | $25M | +582.0% | +86.3% | -481.2% | |
 AVAV | $821M | +116.9% | +17.4% | 5.0% | |
 KTOS | $1.3B | +21.8% | +12.5% | 2.1% | |
 RCAT | $41M | +239.9% | +52.1% | -163.5% | |
 JOBY | $53M | +69873.9% | - | -1346.9% | |
 ACHR | $300,000 | - | - | -243100.0% |
ONDS Historical Revenue Data (2014–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $7.2M | -54.2% | $345K | 4.8% | $-34,609,304 | -481.2% |
| 2023 | $15.7M | +638.1% | $6.4M | 40.7% | $-39,729,300 | -253.2% |
| 2022 | $2.1M | -26.9% | $1.1M | 52.2% | $-69,429,522 | -3266.0% |
| 2021 | $2.9M | +34.3% | $1.1M | 37.7% | $-17,973,617 | -618.3% |
| 2020 | $2.2M | +575.4% | $928K | 42.9% | $-11,523,886 | -532.6% |
| 2019 | $320K | +68.6% | $241K | 75.3% | $-15,371,936 | -4798.0% |
| 2018 | $190K | +6577.1% | $151K | 79.3% | $-8,435,533 | -4439.1% |
| 2017 | $3K | -48.4% | $-6,227 | -218.8% | $-44,663 | -1569.3% |
| 2016 | $6K | +41.7% | $-6,910 | -125.4% | $-34,580 | -627.4% |
| 2015 | $4K | -99.8% | $-1,518 | -39.0% | $-19,775 | -508.2% |
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Start ComparisonONDS — Frequently Asked Questions
Quick answers to the most common questions about buying ONDS stock.
Is ONDS's revenue growth accelerating or slowing?
ONDS revenue is accelerating at +582.0% year-over-year, exceeding the 5-year CAGR of +86.3%. TTM revenue reached $25M. Growth momentum has increased versus prior periods.
What is ONDS's long-term revenue growth rate?
Ondas Holdings Inc.'s 5-year revenue CAGR of +86.3% reflects the sustained expansion pattern. Current YoY growth of +582.0% is above this long-term average.
How is ONDS's revenue distributed by segment?
ONDS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2024 are available for download. Segment mix reveals concentration and diversification trends.