Ondas results show revenue surge but losses widen, dragging Palantir-linked shares lower

Shares of Ondas fell Thursday after the autonomous drone and remote-sensing company reported a second-quarter loss that was wider than expected, even as it posted a reported surge in revenue.

According to the report, Ondas revenue rose by more than 1,200% year over year, a jump that analysts and investors tend to watch for when companies shift from early customer activity toward scaling sales.

The same quarterly update, however, showed losses widening, which the report said overshadowed the top-line increase and weighed on sentiment into the close.

The selloff was reflected in the stock move described in the article, with Ondas shares down about 4.2% on the day, after the results and associated commentary.

The report also framed Ondas as a company backed by and partnered with Palantir, positioning Palantir-linked technology as part of Ondas’ commercialization story. The exact nature of the Palantir relationship was not detailed in the cited post, so readers will need to look to Ondas’ quarterly filing or investor materials for specifics on product scope and deliverables.

For Palantir, outcomes at customer and partner companies can matter even when they do not flow directly into a single earnings line. When partner firms report steep revenue changes alongside cost pressure, it can affect near-term expectations for how quickly use cases are translating into repeatable revenue.

There is still limited disclosure in the cited report about the drivers of both the revenue jump and the wider loss, including whether the improvement came from new contracts, timing of revenue recognition, or changes in customer mix, and what drove the cost increase.

Investors and analysts will likely focus next on what Ondas attributes the revenue growth to, whether margins improve as volumes scale, and whether future quarters show the loss trend stabilizing, rather than continuing to widen.