Ondas H1 Revenue $133.9M, Net Income $273.1M; Q2 Net Loss $(88.6)M

Ondas Inc. reported a significant increase in revenue for the first half of 2026, reaching $133.9 million, up from $10.5 million in the prior year. The company posted a net income attributable to stockholders of $273.1 million for the six months, a substantial improvement from a $27.4 million loss in H1 2025, largely driven by a $404.8 million gain from the change in fair value of warrant liability. However, for the second quarter of 2026, Ondas recorded a net loss of $88.6 million. The company also saw substantial growth in total assets to $2.99 billion and raised $959.1 million from common stock and warrant sales.