Ondas (ONDS) Revenue & Revenue Breakdown


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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

DateRevenueChange
2023-12-31$15.69M638.14%
2022-12-31$2.13M-26.87%
2021-12-31$2.91M34.34%
2020-12-31$2.16M575.35%
2019-12-31$320.38K68.60%
2018-12-31$190.03K6577.06%
2017-12-31$2.85K-48.37%
2016-12-31$5.51K41.66%
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

DateRevenueChange
2024-03-31$625.01K-87.40%
2023-12-31$4.96M86.15%
2023-09-30$2.67M-51.27%
2023-06-30$5.47M110.67%
2023-03-31$2.60M442.06%
2022-12-31$478.91K-24.28%
2022-09-30$632.49K4.68%
2022-06-30$604.22K47.30%
2022-03-31$410.20K-28.19%
2021-12-31$571.25K101.62%
2021-09-30$283.33K-68.07%
2021-06-30$887.43K-23.81%
2021-03-31$1.16M500.02%
2020-12-31$194.12K-68.39%
2020-09-30$614.03K-46.85%
2020-06-30$1.16M477.12%
2020-03-31$200.20K2844.09%
2019-12-31$6.80K-92.28%
2019-09-30$88.13K-54.37%
2019-06-30$193.16K498.12%
2019-03-31$32.29K-69.78%
2018-12-31$106.85K203.76%
2018-09-30$35.18K1724.48%
2018-06-30$1.93K671.20%
2018-03-31$250.0068.92%
2017-12-31$148.00-85.80%
2017-09-30$1.04K-23.10%
2017-06-30$1.35K348.68%
2017-03-31$302.00-83.39%
2016-12-31$1.82K-13.18%
2016-09-30$2.09K143.77%
2016-06-30$859.0015.92%
2016-03-31$741.00-52.53%
2015-12-31$1.56K148.57%
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/ServiceDec 21Dec 20Dec 19Dec 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/ServiceJun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 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

CountryDec 23Dec 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

CountryJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Jun 22Mar 22Dec 21Sep 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


TickerCompanyLast Year RevenueLast Quarter Revenue
CMTLComtech Telecommunications$1.11T$128.08M
TSATTelesat$704.16M$152.18M
KNKnowles$462.30M$95.80M
DGIIDigi$444.85M$107.70M
ITRNIturan Location and Control$319.98M$85.03M
DZSIDZS$244.54M$31.07M
CAMPCalAmp$186.23M$53.63M
KVHIKVH Industries$132.38M$28.67M
SONMSonim$93.63M$15.02M
FEIMFrequency Electronics$55.27M$15.08M
FKWLFranklin Wireless$30.80M$13.32M
ONDSOndas$15.69M$625.01K
SATXSatixfy Communications$10.73M$1.91M
SYTASiyata Mobile$8.23M$2.36M
ASNSActelis 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.