New York, May 14, 2026, 09:05 ET
- Ondas bumped up its 2026 revenue outlook to a minimum of $390 million, following a first-quarter revenue jump to $50.1 million — well ahead of its prior $38 million to $40 million forecast.
- According to MarketBeat, shares were up roughly 14% ahead of the open.
- Datavault AI will post results ahead of Friday’s bell. Analysts followed by Moomoo project quarterly revenue at $20 million, with an 8-cent per-share loss anticipated.
Ondas Inc. bumped up its full-year sales outlook Thursday, after first-quarter revenue blew past earlier targets. The drone and autonomous-systems firm posted numbers that finally put its acquisition strategy and defense backlog to the test—offering investors a concrete look at reported sales.
Ondas shares jumped in premarket action, with MarketBeat pricing the stock at $10.16 as of 08:51 a.m. ET—a 14.46% increase over Wednesday’s $8.88 close.
Timing played a role here. Ondas showed up for its report with a bigger order backlog, new defense deals under its belt, and a bolder revenue goal—yet, investors kept a close eye on swelling losses, higher cash burn, and the risks tied to recent integrations after a hectic first quarter. Ahead of results, Zacks noted Wall Street was looking for $39.6 million in revenue and a loss of 3 cents per share.
Ondas turned in $50.1 million in revenue for the quarter ended March 31, a sharp jump from $4.3 million in the same period last year and higher than the $30.1 million posted in the previous quarter. Gross profit climbed to $24.7 million, representing 49% of revenue, according to the company.
Ondas CEO Eric Brock pointed to “strong visibility into our 2026 targets” as the company’s pro forma backlog jumped to $457 million, rising sharply from $68.3 million at 2025’s close. Brock noted “powerful demand tailwinds” for counter-UAS systems—technology that detects or blocks unmanned aircraft. Ondas Inc.
The company pointed to its recent acquisitions as key to its prospects. With Mistral, Ondas now holds a U.S. prime-contractor slot—it’s involved in a $982 million U.S. Army loitering-munitions project. World View, meanwhile, brings stratospheric capability to the ISR platform. ISR refers to intelligence, surveillance and reconnaissance.
The quarter came with baggage. Ondas reported a $42.7 million operating loss, a bigger hit than last year. Net income, on the other hand, landed at $361.2 million, but that figure’s inflated by a $389.5 million non-cash gain from warrant fair-value and a $51.5 million boost from deconsolidating Ondas Networks. Adjusted EBITDA, the company’s preferred profit metric, remained in the red at negative $10.9 million.
The risk case still stands. Zacks highlighted the potential for “integration overload” from five acquisitions packed into one quarter. This week, a Seeking Alpha note pointed to customer concentration, ongoing operating losses, and elevated short interest as key concerns—though it also maintained that growth prospects look robust. TradingView
Competition in the sector isn’t letting up. Zacks points to Red Cat Holdings, Kratos Defense & Security Solutions, and Draganfly, all pushing to expand their slice of the defense, security, and autonomous systems market.
Datavault AI is up next for earnings. The Philadelphia-based firm plans to release Q1 numbers ahead of the bell Friday, May 15, with CEO Nathaniel Bradley and CFO Brett Moyer hosting a call at 8:30 a.m. ET.
Moomoo News reported that analysts are looking for Datavault to deliver $20 million in quarterly revenue, representing a 3,079.65% surge from the same period last year. EPS is expected to come in at a loss of 8 cents per share. That’s earnings per share, which shows profit or loss per share.
Investors are likely to zero in on Datavault’s report for any signs that its contract pipeline is translating to top-line growth. Back in April, the company disclosed it had landed $750 million worth of tokenization contracts in Q1, pulling in roughly $77 million in related fees. That figure underpins Datavault’s revenue outlook—management is sticking with guidance calling for at least $200 million by 2026. Tokenization, a process that creates digital records tied to assets like commodities, IP, or data, remains core to the business model. Bradley pointed to the contracts as evidence of “accelerating demand” for Datavault’s exchange tech. Datavault AI Inc.
Ondas delivered a revenue beat on Thursday, and bulls got a bump in the target. The bigger issue now: does backlog keep converting to sales as losses shrink? Datavault faces a more cut-and-dried test on Friday—investors want to see those contracts tied to its AI and tokenization narrative reflected as reported revenue.
