Ondas (ONDS) reported a loss of $0.19 per share on revenue of $83.77 million for the second quarter ended June 2026. The consensus estimate was a loss of $0.07 per share on revenue of $66.68 million. The Earnings Whisper number was a loss of $0.06 per share. The company missed expectations by 216.67% while revenue grew 1,235.44% on a year-over-year basis.
The company said it expects third quarter revenue of $140.0 million to $155.0 million and 2026 revenue of $525.0 million to $550.0 million. The company's previous guidance was for 2026 revenue of at least $390.0 million. The current consensus revenue estimate is $156.81 million for the quarter ending September 30, 2026 and revenue of $525.68 million for the year ending December 31, 2026.
Ondas Holdings Inc., through its wholly owned subsidiary, Ondas Networks Inc., is a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets. The Company’s standards-based, multi-patented, software-defined radio FullMAX platform enables Mission-Critical IoT (MC-IoT) applications by overcoming the bandwidth limitations of today’s legacy private licensed wireless networks. Ondas Networks’ customer end markets include railroads, utilities, oil and gas, transportation, aviation (including drone operators) and government entities whose demands span a wide range of mission critical applications. These markets require reliable, secure broadband communications over large and diverse geographical areas, many of which are within challenging radio frequency environments. Customers use the Company's FullMAX technology to deploy their own private licensed broadband wireless networks. The Company also offers mission-critical entities the option of a managed network service. Ondas Networks’ FullMAX technology supports IEEE 802.16s, the new worldwide standard for private licensed wide area industrial networks.