Ondas (#ONDS) entered its Q2 2026 earnings report with strong defense order momentum and a pro forma backlog of $457 million. Wall Street expects Q2 revenue of $67.97 million and an adjusted EPS loss of $0.10, while the company has raised its 2026 revenue outlook to more than $525 million. Sector: Defense Technology / Autonomous Systems Key Highlights 💰 Q2 revenue estimate: $67.97M 📉 Adjusted EPS estimate: -$0.10 📦 Pro forma backlog: $457M 📈 2026 revenue outlook raised to $525M+ 🛡️ Focus on defense order conversion 🤖 Investors watching DZYNE and Cyberhawk integration 📊 Key focus: adjusted EBITDA improvement Why It Matters Investors will be watching whether Ondas can convert its growing defense backlog into revenue while improving profitability and maintaining its raised 2026 outlook. Read More: https://www.thinksabio.com/reports/isr/ONDS