Ondas Holdings Inc (NASDAQ:ONDS) achieved significant milestones in Q3 2025 with a record revenue of $10.1 million, marking a more than sixfold increase year-over-year. The company's backlog also surged to $23.3 million, indicating robust growth potential.
Revenue Growth
Revenue soared to $10.1 million in Q3 2025, a more than sixfold increase year-over-year, with a target set to reach at least $36 million for the full year 2025 and a goal of $110 million for 2026.
Equity Funding
Ondas Holdings Inc raised approximately $855 million in equity in 2025, strengthening its financial position and fueling strategic expansions and acquisitions.
- Despite the positive revenue surge, Ondas Holdings Inc faced challenges with an adjusted EBITDA loss of $8.8 million in Q3 2025, attributed to increased operating expenses and ongoing financial pressures.
Ondas Holdings Inc is navigating a phase of rapid growth fueled by strong revenue performance and strategic investments. While the company faces challenges such as rising operating expenses and EBITDA losses, its focus on market expansion and revenue targets positions it for future growth.