Ondas (ONDS) Jumps 26% on Swing to Profits; Revenues Soar Over 1,000%

Ondas Inc. (NASDAQ:ONDS) is one of the 10 Stocks With Unbelievable Gains.

Ondas snapped two days of losses on Thursday, climbing 26.52 percent to close at $11.21 apiece, as investors cheered a stellar earnings performance in the first quarter of the year, having swung to profitability and propelling revenues by more than 1,000 percent.

In an updated report, Ondas Inc. (NASDAQ:ONDS) said that it swung to a net income of $361 million in the first quarter of the year from a $14 million net loss in the same period last year.

Source: Ondas Holdings Inc. Press Release

Revenues soared by 1,092 percent to $50 million from $4.2 million year-on-year, exceeding its guidance by 25 percent.

“We delivered record results in the first quarter of 2026, with revenue of $50.1 million representing a ten-fold increase year-over-year, as our Core + Strategic Growth Program continues to drive strong execution and accelerating momentum across the business,” Ondas Inc. (NASDAQ:ONDS) Chairman and CEO Eric Brock said, underscoring that the company is operating in an environment of powerful demand tailwinds, particularly across counter-UAS and defense robotics market.

Encouraged by the results, Ondas Inc. (NASDAQ:ONDS) raised its full-year 2026 revenue target to at least $390 million, or an implied jump of 690 percent year-on-year, to be driven by organic growth, an accelerated strategic growth program, and global demand for unmanned and autonomous systems.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.