---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39457066.md"
description: "$Ondas(ONDS.US) just released its preliminary results for Q4 2025 / FY 2025, with its earnings per share taking an expected hit due to non-cash expenses from the OAS exchange.But don't be fooled by the FY 2025 loss per share of $(0.62). While it appears flat compared to the FY 2024 loss of ($0.61), the efficiency is far from the same.In FY 2024, $Ondas(ONDS.US) lost $5 for every $1 earned, with revenue of $7.2 million and a loss of $38 million.In FY 2025, they have narrowed this gap to nearly 1:1, losing $53 million while generating over $50 million in revenue, and also building a world-class defense product portfolio.The company has $1.5 billion in cash, with FY 2026 revenue expectations exceeding $375 million, marking the official end of the "cash burn" phase.The "scaling" phase has begun 🚀"
datetime: "2026-03-23T14:19:35.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39457066.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39457066.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39457066.md)
author: "[颢颢](https://longbridge.com/en/profiles/18777227.md)"
---

# $Ondas(ONDS.US) just released its preliminary resu…


### Related Stocks

- [ONDS.US](https://longbridge.com/en/quote/ONDS.US.md)

## Comments (2)

- **starrism · 2026-03-23T14:30:07.000Z**: This is the Chinese version of that X post 😅
  - **颢颢** (2026-03-23T15:05:53.000Z): I captured the essence!