Ondas Holdings (#ONDS) filed financial results for its acquired DZYNE / High Point UAS business, reporting $104.8 million FY2025 revenue and $56.4 million gross profit, with a 53.8% gross margin. Q1 2026 revenue reached $25.1 million, while gross margin expanded to 57.3%. Ondas acquired 100% of the business for approximately $200 million in cash plus ~85 million ONDS shares. Sector: Defense Technology / Autonomous Systems Key Highlights 💰 FY2025 revenue: $104.8M 📈 Gross profit: $56.4M with 53.8% gross margin 🚀 Q1 2026 revenue: $25.1M 📊 Q1 gross margin expanded to 57.3% 🤝 Ondas acquired DZYNE for approximately $200M cash + ~85M shares ⚠️ Top three customers represented 72% of Q1 sales Why It Matters DZYNE's strong gross margins could provide significant operating leverage as Ondas scales the acquired business, although high customer concentration remains an important risk. Read More: https://www.thinksabio.com/reports/isr/ONDS