Revenue at Palantir-Backed Ondas Rises 1,236%. Stock Falls as Losses Widen.
📍 How it ended
Ondas reported record Q2 2026 revenue of $83.8 million and an 11‑fold rise in pro forma backlog to $757 million, prompting a raised full‑year outlook. Despite the revenue surge, the company’s losses widened and its stock fell, dropping about 7% after earnings and drawing attention to other drone stocks.
Epilogue added 18d ago, after coverage quieted.
Coverage (8)
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Revenue at Palantir-Backed Ondas Rises 1,236%. Stock Falls as Losses Widen. Barron's · 84d ago broke it first
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