OnDas Q3 revenue up 16x… annual target raised to 735.4 billion won

Ondas Holdings ($ONDS) reported Q3 2026 revenue of $167.5 million, more than 16x the $10.1 million posted a year earlier and roughly double the prior quarter's $83.8 million, though net losses also widened. The company raised its full-year 2026 revenue target to at least $550 million from a prior range of $525–550 million, and introduced an initial 2027 target of at least $1.1 billion excluding further acquisitions. The results and guidance signal rapid scaling in Ondas's defense and industrial drone and wireless businesses, with the widened loss pointing to the cost of that expansion. Investors will watch whether the company can convert its backlog into revenue at the pace implied by the new targets and whether margins improve as volumes grow.