Ondas (ONDS) Revenue & Revenue Breakdown
Ondas Revenue Highlights
Latest Revenue (Y)
$15.69M
Latest Revenue (Q)
$625.01K
Main Segment (Y)
DevelopmentRevenueMember
Main Geography (Y)
UNITED ARAB EMIRATES
Ondas Revenue by Period
Ondas Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 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 | - |
Ondas generated $15.69M in revenue during NA 2023, up 638.14% compared to the previous quarter, and up 8257.39% 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 |
|---|---|---|---|---|
| DevelopmentRevenueMember | $2.40M | $943.36K | - | - |
| ServiceRevenueMember | $96.93K | $62.41K | - | - |
| ProductRevenueMember | $405.57K | $1.15M | - | - |
| OtherRevenueMember | $2.79K | $6.39K | - | - |
| Service Revenue | - | - | $107.48K | - |
| Product Revenue | - | - | $212.91K | - |
| 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 23 | Dec 21 |
|---|---|---|
| INDIA | $27.74K | - |
| UNITED STATES | $5.72M | - |
| ISRAEL | $429.11K | - |
| UNITED ARAB EMIRATES | $8.52M | - |
| ServiceRevenueMember | - | $96.93K |
| DevelopmentRevenueMember | - | $2.40M |
| OtherRevenueMember | - | $2.79K |
| AmericanRoboticsMember | - | $66.62K |
| ProductRevenueMember | - | $405.57K |
Ondas's latest annual revenue breakdown by geography, as of Dec 23: UNITED ARAB EMIRATES (57.98%), UNITED STATES (38.91%), ISRAEL (2.92%), and INDIA (0.19%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Jun 22 | Mar 22 | Dec 21 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|---|
| UNITED ARAB EMIRATES | $122.04K | $130.04K | $3.20M | $85.27K | $3.84M | $1.40M | - | - | - | - |
| ISRAEL | $176.51K | $126.63K | $100.91K | $148.97K | $112.09K | $67.14K | - | - | - | - |
| INDIA | $10.00K | $10.00K | - | - | - | - | - | - | - | - |
| UNITED STATES | $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 Jun 24: UNITED STATES (64.38%), ISRAEL (20.38%), UNITED ARAB EMIRATES (14.09%), and INDIA (1.15%).
Ondas Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CMTL | Comtech Telecommunications | $581.70B | $128.08M |
| TSAT | Telesat | $704.16M | $152.18M |
| KN | Knowles | $462.30M | $204.70M |
| DGII | Digi | $444.85M | $107.70M |
| ITRN | Ituran Location and Control | $319.98M | $85.03M |
| DZSI | DZS | $244.54M | $31.07M |
| CAMP | CalAmp | $186.23M | $53.63M |
| KVHI | KVH Industries | $132.38M | $28.67M |
| SONM | Sonim | $93.63M | $11.52M |
| FEIM | Frequency Electronics | $55.27M | $15.08M |
| FKWL | Franklin Wireless | $45.95M | $6.18M |
| ONDS | Ondas | $15.69M | $625.01K |
| SATX | Satixfy Communications | $10.73M | $1.91M |
| SYTA | Siyata Mobile | $8.23M | $2.36M |
| ASNS | Actelis Networks | $5.61M | $3.43M |
ONDS Revenue FAQ
What is Ondas’s yearly revenue?
Ondas's yearly revenue for 2023 was $15.69M, representing an increase of 638.14% compared to 2022. The company's yearly revenue for 2022 was $2.13M, representing a decrease of -26.87% compared to 2021. ONDS's yearly revenue for 2021 was $2.91M, representing an increase of 34.34% compared to 2020.
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 (2021-2023) was 439.82%, and for the last 5 years (2019-2023) was 4797.71%.
What are Ondas’s revenue streams?
Ondas's revenue streams in c 21 are DevelopmentRevenueMember, ServiceRevenueMember, ProductRevenueMember, and OtherRevenueMember. DevelopmentRevenueMember generated $2.4M in revenue, accounting 82.62% of the company's total revenue, up 154.57% year-over-year. ServiceRevenueMember generated $96.93K in revenue, accounting 3.33% of the company's total revenue, up 55.32% 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.