Ouster (OUST) Company Report

Ouster announced the acquisition of Stereolabs, a pioneer in AI camera vision and perception solutions, on February 9, 2026.
The acquisition was completed using a mix of $35 million in cash and 1,800,000 shares, with a portion of those shares vesting over a four-year period.
Stereolabs generated upwards of $16 million in revenue and positive EBITDA for fiscal year 2025 (unaudited results).
This acquisition is expected to be accretive and reinforce Ouster's path to profitability, creating the industry's first unified sensing and perception platform for Physical AI.
Stereolabs' financial results will be consolidated into Ouster's financial statements starting in the first quarter of fiscal 2026.

Feb 9, 2026, 1:00 PM

Transcript

Ouster acquires Stereolabs

OUST

M&A

New Projects/Investments

Revenue Acceleration/Inflection

Ouster has acquired Stereolabs, a pioneer in AI camera vision and perception solutions, to create a world-leading sensing and perception company for Physical AI.
The acquisition was completed using $35 million in cash and 1,800,000 shares, with a portion of the shares vesting over a four-year period.
For fiscal year 2025, Stereolabs generated upwards of $16 million in revenue and positive EBITDA, and the acquisition is expected to be accretive to Ouster.
Ouster will begin consolidating Stereolabs' financial results in the first quarter of fiscal 2026, with Q1 2026 results containing approximately seven weeks of Stereolabs operations.
This acquisition strategically positions Ouster to offer a unified sensing and perception platform, strengthening its software capabilities, extending market reach, and adding new top-tier customers in high-growth use cases such as humanoid robotics and industrial automation.

Feb 9, 2026, 1:00 PM

Transcript

Ouster announces acquisition of Stereolabs

OUST

M&A

New Projects/Investments

Product Launch

Ouster announced the acquisition of Stereolabs on February 9, 2026, to create a unified sensing and perception platform for Physical AI, combining high-performance digital LiDAR with camera vision and AI perception solutions.
The acquisition involved $35 million in cash and 1,800,000 shares.
Stereolabs, described as a high-growth, high-margin business, generated upwards of $16 million in revenue and positive EBITDA for fiscal year 2025.
Ouster expects the acquisition to be accretive and will begin consolidating Stereolabs' financial results in the first quarter of fiscal 2026, with approximately seven weeks of operations included in Q1 2026 results.
This strategic move aims to strengthen Ouster's software capabilities, expand its market reach into new high-growth use cases like humanoid robotics, and add top-tier OEMs and Fortune 500 companies to its customer base.

Feb 9, 2026, 1:00 PM

Transcript

Ouster acquires StereoLabs

OUST

M&A

New Projects/Investments

Revenue Acceleration/Inflection

Ouster, Inc. acquired StereoLabs SAS on February 4, 2026, to create a unified sensing and perception platform for Physical AI, combining digital lidar, cameras, AI compute, sensor fusion, and perception software.
StereoLabs is a high growth, EBITDA positive business that generated approximately $16 million in unaudited revenue in 2025.
The acquisition was completed for approximately $35 million in cash and 1.8 million shares, and Ouster will begin consolidating StereoLabs' financial results in the first quarter of fiscal 2026.
This acquisition expands Ouster's software capabilities, customer base (over 10,000 customers from StereoLabs), and total addressable market, reinforcing Ouster's path to profitability.

Feb 9, 2026, 12:20 PM

8-K

Ouster Completes StereoLabs Acquisition

OUST

M&A

New Projects/Investments

Ouster completed its acquisition of StereoLabs on February 4, 2026, for approximately $35 million in cash and 1.8 million shares.
StereoLabs, which reported roughly $16 million in unaudited 2025 revenue and was EBITDA-positive, will have its financial results consolidated by Ouster starting in fiscal Q1 2026.
The acquisition aims to create a unified sensing and perception platform for Physical AI, though Ouster continues to face profitability and cash-flow challenges.
Analyst sentiment is mixed, with TipRanks assigning a Hold rating and a $24.00 price target, while GuruFocus suggests a more optimistic $39.50 target.

Feb 9, 2026, 9:37 AM

Morningstar

Ouster acquires StereoLabs

OUST

M&A

New Projects/Investments

Revenue Acceleration/Inflection

Ouster acquired StereoLabs on February 4, 2026, creating a unified sensing and perception platform for Physical AI by combining digital lidar with AI vision and perception solutions.
The acquisition was completed using approximately $35 million in cash and 1.8 million shares.
StereoLabs is an EBITDA positive business that generated approximately $16 million in unaudited revenue in 2025, reinforcing Ouster’s path to profitability.
Ouster will begin consolidating StereoLabs’ financial results in its consolidated financial statements in the first quarter of fiscal 2026.

Feb 9, 2026, 9:30 AM

Press Release

Ouster acquires StereoLabs

OUST

M&A

New Projects/Investments

Revenue Acceleration/Inflection

Ouster finalized the acquisition of StereoLabs on February 4, 2026, aiming to create a global leader in sensing and perception for Physical AI by combining digital lidar with AI vision solutions.
StereoLabs is a fast-growing and profitable (EBITDA positive) company that generated approximately $16 million in unaudited revenue in 2025.
The acquisition involved a cash component of approximately $35 million and 1.8 million shares, with Ouster beginning to consolidate StereoLabs' financial results from Q1 2026.
This strategic move is expected to strengthen Ouster's financial position and accelerate its path to profitability, while expanding its addressable market and enhancing software capabilities with StereoLabs' solutions and over 10,000 customers.

Feb 9, 2026, 9:30 AM

Press Release

OUST Presents Strong Financial Position and Growth Outlook at Needham Conference

OUST

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

Ouster reported a strong balance sheet with $247 million of cash equivalents and short-term investments as of September 30, 2025.
The company has achieved eleven straight quarters of revenue growth and shipped over 100,000 sensors since inception.
Ouster projects a total addressable market of $70 billion by 2030 across automotive, industrial, robotics, and smart infrastructure sectors.
The long-term financial framework targets 30-50% annual revenue growth, maintaining gross margins at 35-40%, and keeping operating expenses at or below Q3 2023 levels.

Jan 15, 2026, 8:45 PM

Presentation

Ouster Presents Growth Strategy and Financial Targets at Needham Conference

OUST

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Ouster describes itself as a perception solution platform for physical AI, not solely a hardware company, addressing a $70 billion market opportunity across automotive, smart infrastructure, industrial, and robotics verticals.
The company projects 30%-50% growth and 35%-40% GAAP gross margins, with a target for profitability (cash flow and EBITDA) in late 2027 or early 2028.
Ouster emphasizes its digital lidar technology, including the L3 chip and upcoming L4 chip, and its strong balance sheet providing over six years of runway, which supports long-term customer partnerships.
Key offerings include the Gemini AI engine and the Blue City platform for intelligent transport systems, with the company noting its Blue UAS certification for defense applications and its patent IP from the Velodyne merger.

Jan 15, 2026, 8:45 PM

Transcript

Ouster outlines market opportunity, financial targets, and technology roadmap at Needham Growth Conference

OUST

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Ouster positions itself as a perception solution platform and the number one provider for 3D digital lidar in its operating areas, addressing a $70 billion market opportunity across automotive, smart infrastructure, industrial, and robotics.
The company targets 30%-50% long-term growth and GAAP gross margins of 35%-40%, aiming for profitability (cash flow and EBITDA) by late 2027 or early 2028.
Ouster emphasizes its strong financial position, with over six years of balance sheet runway, making it the best-capitalized Western lidar company.
The company's technology roadmap includes the current L3 chip capable of servicing the entire market, with the upcoming L4 chip and DF series (Chronos chip for ADAS) expected to further expand capabilities and market reach.