Q4 24 EPS
$-0.61
MISS 577.78%
Est. $-0.09
Q4 24 Revenue
N/A
Est. $5.8M
vs S&P Since Q4 24
+954.8%
BEATING MARKET
ONDS +991.7% vs S&P +36.9%
Full Year 2024 Results
FY 24 EPS
$-0.61
FY 24 Revenue
$7.2M
Market Reaction
Did ONDS Beat Earnings? Q4 2024 Results
Ondas Holdings closed out a turbulent 2024 with a Q4 loss of $0.61 per share, as war-related disruptions at its Israeli drone unit and sluggish railroad spending weighed heavily on a full year that saw revenue collapse to $7.19 million from $15.69 mi… Read more Ondas Holdings closed out a turbulent 2024 with a Q4 loss of $0.61 per share, as war-related disruptions at its Israeli drone unit and sluggish railroad spending weighed heavily on a full year that saw revenue collapse to $7.19 million from $15.69 million in 2023. Yet the quarter itself offered a clearer sign of recovery, with Q4 revenue reaching $4.13 million, up 173% sequentially from Q3's $1.50 million, powered almost entirely by Ondas Autonomous Systems, which surged 260% quarter-over-quarter to $3.60 million on shipments tied to $14.40 million in military orders for its Iron Drone Raider and Optimus platforms. The company also trimmed its full-year net loss to $38.01 million from $44.84 million and raised $50.18 million in financing, ending the year with $30.00 million in cash, though a swelling $54.23 million debt load remains a concern for investors who have watched the stock lose 89% of its value over five years. Management is targeting $25.00 million in 2025 revenue, nearly 250% growth, with OAS alone expected to contribute at least $20.00 million.
Key Takeaways
- • Shipment of products and services from $14.4 million order for two military programs secured in Q3 2024
- • Record OAS bookings of $16.9 million in 2024
- • $10 million backlog at OAS entering 2025
- • Full synergies from Airobotics and American Robotics integration reducing operating expenses
- • Cost savings programs at Ondas Networks including headcount reduction of nine employees
ONDS YoY Financials
Q4 2024 vs Q4 2023, source: SEC Filings
ONDS Revenue by Segment
With YoY comparisons, source: SEC Filings
“Ondas entered 2024 with deepening customer engagement and a growing business pipeline at OAS, allowing us to end the year with $10 million in backlog at OAS. We believe 2025 will be a record year with OAS expected to contribute at least $20 million in revenues of the expected Ondas Holdings revenue of $25 million.”
— Eric Brock, Q4 2024 Earnings Press Release
ONDS Earnings Trends
ONDS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ONDS EPS Trend
Earnings per share: estimate vs actual
ONDS Revenue Trend
Quarterly revenue: estimate vs actual
ONDS Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | $50.1M | — |
| Q4 25 MISS FY | $-0.03 | $-0.62 | -1,966.67% | $30.1M | +8.39% |
| FY Full Year | $-0.19 | $-0.62 | -226.32% | $50.7M | +4.88% |
| Q3 25 BEAT | $-0.04 | $-0.03 | +18.26% | $10.1M | +43.47% |
| Q2 25 MISS | $-0.06 | $-0.08 | -33.33% | $6.3M | +8.99% |
| Q1 25 MISS | $-0.09 | $-0.15 | -66.67% | $4.2M | -13.96% |
| Q4 24 MISS FY | $-0.09 | $-0.61 | -577.78% | — | — |
| FY Full Year | — | $-0.61 | — | $7.2M | — |