Files with ODS extension stand for OpenDocument Spreadsheet Document format that are editable by user. Data is stored inside ODF file into rows and columns. It is XML-based format and is one of the several subtypes in the Open Document Formats (ODF) family. The format is specified as part of the ODF 1.2 specifications published and maintained by OASIS.
You can also edit many other file formats. Please see the complete list below.