Ondas Q3 revenue reaches 168 million dollars, up 1558% year-on-year; full-year guidance raised

Ondas Inc. (ONDS.US) Q3 2026 total revenue was $168 million, a year-on-year increase of 1,558%. Net profit was -$65 million. The company expects revenue in the fourth quarter of 2026 to exceed $250 million (at least $250 million); its full-year 2026 revenue target is at least $550 million (previously targeted at $525 million to $550 million). The company expects to achieve adjusted EBITDA profitability at the operational platform level in the fourth quarter and has brought forward its company-wide adjusted EBITDA profitability target to Q3 2027. Ondas Chairman and CEO Eric Brock stated: "This quarter has demonstrated the growing benefits of Ondas' integrated operational platform. Our business is gaining larger customers, broader channels, and stronger production and field support capabilities, allowing mission-ready technology to move more quickly from evaluation to deployment. The next stage is disciplined execution: delivering on customer commitments, integrating our capabilities, and translating demand into sustainable growth and improved profitability. Our differentiation increasingly comes from combining autonomous systems, mission software, AI, and key components into solutions that can be deployed and supported across multiple sectors. Ondas Sentinel has enhanced our ability to pursue and execute complex U.S. defense projects, while Regna AI has expanded our sovereign AI capabilities and created opportunities to serve customers beyond our own hardware platforms. These initiatives collectively expand our addressable market, strengthen customer relationships, and increase the software, services, and recurring revenue potential of the Ondas platform. We expect a strong finish to 2026. As bulk deliveries of existing projects accelerate and we convert pipeline opportunities into customer projects, momentum will build in Q4. Our order backlog remains healthy, our pipeline continues to grow, and our ability to produce, deliver, and sustain solutions for customers continues to strengthen. We are investing to support visible customer demand and to build the production, supply chain, deployment, and maintenance infrastructure needed for large-scale delivery. Over the next twelve months and beyond, we expect this growth to support meaningful operating leverage and profitability improvements, as well as continued investment in innovation, market expansion, and long-term shareholder value."