---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39409004.md"
description: "$Ondas(ONDS.US)$Ondas(ONDS.US) just revised its Q4 and FY2025 earnings report again... This is the second revision in two weeks 🤔The title looks outrageous:Net profit turned from a loss of about $53 million to a profit of about $50 million.Here's the truth of the matter:This adjustment has nothing to do with revenue. It's a non-cash warrant liability revaluation, involving an accounting entry of about $102 million, which has been excluded from adjusted EBITDA.What exactly changed for 2025:Q4 revenue: $29.1M to $30.1M — exceeded expectations ✅Fiscal year revenue: $49.7M to $50.7M — exceeded expectations ✅The performance guidance for 2026 is reiterated at $170M to $180M...This is the guidance part that people think is unimportant 👀This expectation does not include revenue from all acquisitions announced in 2026.Rotron, BIRD, Mistral, and INDO will all make significant contributions to the company's business this year.The floor is $170 million.The ceiling remains an open question 🤷‍♂️The final results will be announced before the market opens on March 25th 👊🏼"
datetime: "2026-03-20T14:00:38.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39409004.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39409004.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39409004.md)
author: "[Pure Luck](https://longbridge.com/en/profiles/18423179.md)"
---

# $Ondas(ONDS.US)$Ondas(ONDS.US) just revised its Q4…


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## Comments (3)

- **Pure Luck · 2026-03-20T14:01:01.000Z**: Add some faith 🥹
  - **Trustworthy Horse** (2026-03-20T14:10:42.000Z): I'm bullish, holding.
  - **Pure Luck** (2026-03-20T14:12:19.000Z): me too