Ondas Holdings Inc. (ONDS) saw its stock price plummet 5% during intraday trading on Monday.

The sharp decline followed the company's release of its fiscal 2025 financial results, which revealed a net loss that widened by 251% to $133.4 million. While revenue jumped more than sixfold to $50.7 million, the significant increase in losses likely prompted investor concern and selling pressure.

The company also reported that its adjusted EBITDA loss widened to $31.3 million, though gross margin improved to 40%. Ondas stated it expects to fund operations for the next 12 months using existing cash, proceeds from a January 2026 financing, and gross profits from revenue growth.