Ondas reported preliminary Q4 revenue of USD 29.1-30.1 million and a net loss of USD 20.9-20.4 million. Adjusted EBITDA for Q4 was a loss of USD 11.4-10.9 million. For FY 2025, Ondas posted preliminary revenue of USD 49.7-50.7 million and a net loss of USD 53.3-52.8 million. Adjusted EBITDA for FY 2025 was a loss of USD 32.9-32.4 million. The company reiterated its FY 2026 revenue outlook of USD 170-180 million and said pro-forma cash and cash equivalents as of Dec. 31, 2025 exceeded USD 1.5 billion.
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