Ondas (ONDS) Revenue & Revenue Breakdown

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Ondas Revenue Highlights

Latest Revenue (Y)

$7.19M

Latest Revenue (Q)

$625.01K

Main Segment (Y)

DevelopmentRevenueMember

Main Geography (Y)

ISRAEL

Ondas Revenue by Period

Ondas Revenue by Year

Date	Revenue	Change
2024-12-31	$7.19M	-54.16%
2023-12-31	$15.69M	638.14%
2022-12-31	$2.13M	-26.87%
2021-12-31	$2.91M	34.34%
2020-12-31	$2.16M	575.35%
2019-12-31	$320.38K	68.60%
2018-12-31	$190.03K	6577.06%
2017-12-31	$2.85K	-48.37%
2016-12-31	$5.51K	41.66%
2015-12-31	$3.89K	-99.81%
2014-12-31	$2.02M	-

Ondas generated $7.19M in revenue during NA 2024, up -54.16% compared to the previous quarter, and up 2245.03% compared to the same period a year ago.

Ondas Revenue by Quarter

Date	Revenue	Change
2024-03-31	$625.01K	-87.40%
2023-12-31	$4.96M	86.15%
2023-09-30	$2.67M	-51.27%
2023-06-30	$5.47M	110.67%
2023-03-31	$2.60M	442.06%
2022-12-31	$478.91K	-24.28%
2022-09-30	$632.49K	4.68%
2022-06-30	$604.22K	47.30%
2022-03-31	$410.20K	-28.19%
2021-12-31	$571.25K	101.62%
2021-09-30	$283.33K	-68.07%
2021-06-30	$887.43K	-23.81%
2021-03-31	$1.16M	500.02%
2020-12-31	$194.12K	-68.39%
2020-09-30	$614.03K	-46.85%
2020-06-30	$1.16M	477.12%
2020-03-31	$200.20K	2844.09%
2019-12-31	$6.80K	-92.28%
2019-09-30	$88.13K	-54.37%
2019-06-30	$193.16K	498.12%
2019-03-31	$32.29K	-69.78%
2018-12-31	$106.85K	203.76%
2018-09-30	$35.18K	1724.48%
2018-06-30	$1.93K	671.20%
2018-03-31	$250.00	68.92%
2017-12-31	$148.00	-85.80%
2017-09-30	$1.04K	-23.10%
2017-06-30	$1.35K	348.68%
2017-03-31	$302.00	-83.39%
2016-12-31	$1.82K	-13.18%
2016-09-30	$2.09K	143.77%
2016-06-30	$859.00	15.92%
2016-03-31	$741.00	-52.53%
2015-12-31	$1.56K	148.57%
2015-09-30	$628.00	-

Ondas generated $625.01K in revenue during Q1 2024, up -87.40% compared to the previous quarter, and up 130.51% compared to the same period a year ago.

Ondas Revenue Breakdown

Ondas Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 21	Dec 20	Dec 19	Dec 18
ServiceRevenueMember	$96.93K	$62.41K	-	-
DevelopmentRevenueMember	$2.40M	$943.36K	-	-
ProductRevenueMember	$405.57K	$1.15M	-	-
OtherRevenueMember	$2.79K	$6.39K	-	-
Product Revenue	-	-	$212.91K	-
Service Revenue	-	-	$107.48K	-
Service	-	-	-	$64.36K
Product	-	-	-	$125.66K

Ondas's latest annual revenue breakdown by segment (product or service), as of Dec 21: DevelopmentRevenueMember (82.62%), ProductRevenueMember (13.95%), ServiceRevenueMember (3.33%), and OtherRevenueMember (0.10%).

Quarterly Revenue by Product

Product/Service	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18
ProductRevenueMember	$422.41K	$149.27K	$271.21K	$45.36K	$71.40K	$17.60K	-	-	-	-	-	-	-	-	-
DevelopmentRevenueMember	$98.05K	$200.81K	$246.11K	$215.99K	$801.24K	$1.14M	$351.25K	-	-	-	-	-	-	-	-
ServiceRevenueMember	-	$60.12K	$53.92K	$20.69K	$14.11K	$8.21K	-	-	-	-	-	-	-	-	-
OtherRevenueMember	-	-	-	$1.29K	$688.00	$814.00	$1.29K	$5.10K	-	-	-	-	-	-	-
RevenueRecognizedOverTimeMember	-	-	-	$238.68K	$815.34K	$1.15M	-	-	-	-	-	-	-	-	-
Service	-	-	-	-	-	-	$16.41K	$6.33K	$2.76K	$19.33K	$15.09K	$11.85K	-	-	-
Product	-	-	-	-	-	-	$245.07K	$811.24K	$15.27K	$12.96K	$91.76K	$23.32K	-	-	-
Service, Other	-	-	-	-	-	-	-	$332.71K	$182.16K	-	-	-	-	-	-
Service Revenue	-	-	-	-	-	-	-	-	-	$7.02K	$26.95K	$54.18K	-	-	-
Product Revenue	-	-	-	-	-	-	-	-	-	-	$61.18K	$138.76K	-	-	-
Other Revenue	-	-	-	-	-	-	-	-	-	-	-	$219.00	-	-	-

Ondas's latest quarterly revenue breakdown by segment (product or service), as of Jun 22: ProductRevenueMember (81.16%), and DevelopmentRevenueMember (18.84%).

Ondas Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 21
INDIA	$17.56K	$27.74K	-
ISRAEL	$4.28M	$429.11K	-
UNITED ARAB EMIRATES	$753.16K	$8.52M	-
UNITED STATES	$1.83M	$5.72M	-
ServiceRevenueMember	-	-	$96.93K
OtherRevenueMember	-	-	$2.79K
ProductRevenueMember	-	-	$405.57K
AmericanRoboticsMember	-	-	$66.62K
DevelopmentRevenueMember	-	-	$2.40M

Ondas's latest annual revenue breakdown by geography, as of Dec 24: ISRAEL (62.25%), UNITED STATES (26.55%), UNITED ARAB EMIRATES (10.94%), and INDIA (0.26%).

Quarterly Revenue by Country

Country	Dec 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Jun 22	Mar 22	Dec 21	Sep 21
INDIA	-	$10.00K	$10.00K	-	-	-	-	-	-	-	-
UNITED ARAB EMIRATES	$501.08K	$122.04K	$130.04K	$3.20M	$85.27K	$3.84M	$1.40M	-	-	-	-
ISRAEL	$3.98M	$176.51K	$126.63K	$100.91K	$148.97K	$112.09K	$67.14K	-	-	-	-
UNITED STATES	$1.08M	$557.71K	$194.03K	$636.68K	$2.43M	$1.52M	$1.13M	-	-	-	-
AmericanRoboticsMember	-	-	-	-	-	-	-	$83.75K	$60.12K	$43.92K	$22.69K

Ondas's latest quarterly revenue breakdown by geography, as of Dec 24: ISRAEL (71.63%), UNITED STATES (19.35%), and UNITED ARAB EMIRATES (9.02%).

Ondas Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CMTL	Comtech Telecommunications	$1.11T	$126.57M
TSAT	Telesat	$704.16M	$152.18M
KN	Knowles	$553.50M	$95.80M
DGII	Digi	$424.05M	$103.87M
ITRN	Ituran Location and Control	$319.98M	$85.03M
CAMP	CAMP4 Therapeutics	$186.23M	$53.63M
KVHI	KVH Industries	$132.38M	$28.67M
FEIM	Frequency Electronics	$55.27M	$18.93M
SONM	Sonim	$50.92M	$15.02M
FKWL	Franklin Wireless	$30.80M	$17.83M
SYTA	Siyata Mobile	$8.23M	$2.36M
ASNS	Actelis Networks	$7.76M	$3.43M
ONDS	Ondas	$7.19M	$625.01K

ONDS Revenue FAQ

What is Ondas’s yearly revenue?

Ondas's yearly revenue for 2024 was $7.19M, representing a decrease of -54.16% compared to 2023. The company's yearly revenue for 2023 was $15.69M, representing an increase of 638.14% compared to 2022. ONDS's yearly revenue for 2022 was $2.13M, representing a decrease of -26.87% compared to 2021.

What is Ondas’s quarterly revenue?

Ondas's quarterly revenue for Q1 2024 was $625.01K, a -87.40% decrease from the previous quarter (Q4 2023), and a -75.92% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $4.96M, a 86.15% increase from the previous quarter (Q3 2023), and a 935.95% increase year-over-year (Q4 2022). ONDS's quarterly revenue for Q3 2023 was $2.67M, a -51.27% decrease from the previous quarter (Q2 2023), and a 321.38% increase year-over-year (Q3 2022).

What is Ondas’s revenue growth rate?

Ondas's revenue growth rate for the last 3 years (2022-2024) was 238.35%, and for the last 5 years (2020-2024) was 232.42%.

What are Ondas’s revenue streams?

Ondas's revenue streams in c 21 are ServiceRevenueMember, DevelopmentRevenueMember, ProductRevenueMember, and OtherRevenueMember. ServiceRevenueMember generated $96.93K in revenue, accounting 3.33% of the company's total revenue, up 55.32% year-over-year. DevelopmentRevenueMember generated $2.4M in revenue, accounting 82.62% of the company's total revenue, up 154.57% year-over-year. ProductRevenueMember generated $405.57K in revenue, accounting 13.95% of the company's total revenue, down -64.78% year-over-year. OtherRevenueMember generated $2.79K in revenue, accounting 0.10% of the company's total revenue, down -56.31% year-over-year.

What is Ondas’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of Ondas was DevelopmentRevenueMember. This segment made a revenue of $2.4M, representing 82.62% of the company's total revenue.