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Sign InOndas Holdings (ONDS) has reported exceptionally strong preliminary financial results for the fourth quarter and full year of 2025. The company's Q4 revenue reached between $27 million and $29 million, representing a nearly sixfold increase compared to the previous year. Full-year revenue exceeded prior market expectations by 23%, landing in the range of $47.6 million to $49.6 million. Furthermore, the company entered 2026 with a massive order backlog exceeding $65 million, nearly triple the levels recorded in the third quarter. This growth is primarily attributed to Ondas's successful transition into a defense industry contender and improved customer diversification. These robust figures indicate significant fundamental momentum, likely driving positive investor sentiment for the small-cap stock.