Overview
- Shares fell about 6% after the report then rose roughly 8% as guidance and deal details spread.
- Ondas lifted full-year 2026 revenue guidance to at least $375 million and set Q1 sales at $38–$40 million, topping the $28.37 million analyst view.
- The company posted Q4 revenue of $30.1 million, a sharp year-over-year jump, alongside a $101.0 million net loss and an adjusted EBITDA loss near $9.9 million.
- The order backlog reached $68.3 million at year-end, signaling stronger demand for its Optimus and Iron Drone systems used for security and counter-drone missions.
- Liquidity stands near $1.5 billion after a January raise, yet some investors question a $102 million non-cash warrant gain and the risk from registered resale shares as the company chases aggressive targets.