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Ondas (ONDS) R&D spending by quarter

Ondas' R&D spending was $31.0M in Q2 2026 (second quarter 2026), +129% from Q1 2026. Over the last 7 quarters it ranged from $3.1M (Q4 2024) to $31.0M (Q2 2026).

Ondas R&D spending by quarterOndas R&D spending by quarter$3.1MQ4 2024$3.5MQ1 2025$4.2MQ2 2025$4.5MQ3 2025$8.7MQ4 2025$13.5MQ1 2026$31.0MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$31.0M+129%+631%
Q1 2026$13.5M+56%+291%
Q4 2025$8.7M+92%+176%
Q3 2025$4.5M+7%—
Q2 2025$4.2M+22%—
Q1 2025$3.5M+10%—
Q4 2024$3.1M——

Q2 2026 at a glance

Ondas, Q2 2026: revenue $83.8M (13× year over year), operating margin -194.5%, net loss $89.7M, operating cash flow −$86.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ondas' R&D spending?

Ondas' R&D spending was $31.0M in Q2 2026 (second quarter 2026), +129% from Q1 2026.

How has Ondas' R&D spending changed?

Over the last 7 quarters it ranged from $3.1M (Q4 2024) to $31.0M (Q2 2026).

Q2 2026 results → · How Ondas makes money →