Ouster (OUST) Company Report

Ouster reported revenue of $39.5 million for the third quarter of 2025, representing a 41% increase compared to the third quarter of 2024.
The company achieved a GAAP gross margin of 42% and a Non-GAAP gross margin of 47% in Q3 2025, alongside shipping over 7,200 sensors, an 84% increase year-over-year.
This marks Ouster's 11th consecutive quarter of meeting or exceeding guidance, and they finished Q3 2025 with $247 million of cash and equivalents and no debt.
Ouster provided Q4 2025 revenue guidance in the range of $39.5 million to $42.5 million.

Nov 4, 2025, 10:00 PM

Presentation

Ouster Announces Third Quarter 2025 Results

OUST

Earnings

Guidance Update

Revenue Acceleration/Inflection

Ouster reported $39.5 million in revenue for the third quarter of 2025, an increase of 41% year over year and 13% sequentially, marking its eleventh consecutive quarter of revenue growth.
The company achieved record shipments of over 7,200 sensors in Q3 2025, contributing to a GAAP gross margin of 42% and a Non-GAAP gross margin of 47%.
For Q3 2025, Ouster reported a net loss of $22 million and an Adjusted EBITDA loss of $10 million.
As of September 30, 2025, Ouster held $247 million in cash, cash equivalents, restricted cash, and short-term investments.
Ouster expects fourth quarter 2025 revenue to be between $39.5 million and $42.5 million.

Nov 4, 2025, 9:22 PM

8-K

Ouster Announces Third Quarter 2025 Results and Fourth Quarter 2025 Outlook

OUST

Earnings

Guidance Update

Revenue Acceleration/Inflection

Ouster reported $39.5 million in revenue for the third quarter of 2025, representing a 41% increase year-over-year and 13% sequential growth.
The company achieved a GAAP gross margin of 42% and a non-GAAP gross margin of 47% in the third quarter of 2025.
Net loss for the third quarter of 2025 was $22 million, an improvement of $4 million year-over-year.
As of September 30, 2025, Ouster's cash, cash equivalents, restricted cash, and short-term investments totaled $247 million.
For the fourth quarter of 2025, Ouster expects to achieve revenue between $39.5 million and $42.5 million.

Nov 4, 2025, 9:10 PM

Press Release

Ouster Reports Q3 2025 Revenue Growth Amid Profitability Challenges

OUST

Earnings

Revenue Acceleration/Inflection

Guidance Update

Ouster, Inc. reported Q3 2025 revenue of $39.5 million, a 41% year-over-year increase, marking its 11th consecutive quarter of revenue growth and surpassing estimates by 7.55%.
The company shipped over 7,200 lidar sensors, an 84% increase year-over-year, and improved its GAAP gross margin to 42%.
Despite reducing its net loss by $4 million year-over-year and maintaining a strong cash position of $247 million, Ouster reported an earnings per share loss of $0.37, which was better than the Zacks Consensus Estimate of a loss of $0.43.
Ouster's operating margin remains negative at -82.45%, and its stock experienced a 12.7% drop in after-hours trading, reflecting investor concerns about the path to profitability.
Strategic priorities for 2025 include scaling software-attached sales, transforming the product portfolio, and driving profitability, with a focus on expanding in the smart infrastructure market.

Nov 4, 2025, 12:35 AM

Morningstar

Ouster Announces Strategic Partnership with Constellis

OUST

New Projects/Investments

Ouster has announced a strategic partnership with Constellis, a global provider of advanced security and mission support services, to integrate Physical AI into advanced security operations.
Through this partnership, Constellis will offer a unified security solution that combines its LEXSO AI-driven sensor fusion platform with Ouster Gemini and Ouster digital lidar to customers worldwide.
Ouster Gemini will serve as the foundational intelligence layer for LEXSO, processing 3D digital lidar data for real-time analytics, threat classification, and automated response protocols.
This collaboration aims to deliver advanced 3D situational awareness, reduce false alarms, enable autonomous threat assessment, and improve operational efficiency in demanding security environments.

Sep 15, 2025, 10:00 AM

Press Release

Ouster discusses financial framework, technology, and diversified market strategy

OUST

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Ouster reported over $229 million of cash and equivalents as of June 30 and recently raised over $60 million through an ATM. The company aims for 30% to 50% annual revenue growth and 35% to 40% GAAP gross margins, having achieved 45% gross margins in the last quarter due to a tax refund tailwind. They shipped a record 5,500 sensors last quarter.
The company is a global leader in digital LiDAR, leveraging Moore's Law with its l3 chip and an upcoming l4 chip expected to significantly expand its total addressable market. Ouster is the market leader in non-ADAS LiDAR.
Ouster operates across robotics, industrials, smart infrastructure, and automotive, holding approximately 25% share in each non-ADAS sector at the end of FY24. Its strategy focuses on winning market share in these diversified verticals and monetizing through AI software solutions and perception SDKs.

Aug 19, 2025, 5:40 PM

Ouster Discusses Financial Outlook, Technology Roadmap, and Market Opportunities at Oppenheimer Conference

OUST

Guidance Update

Product Launch

New Projects/Investments

Ouster is on a path to profitability with a strong balance sheet, holding $229 million in cash and equivalents as of the document date, providing over five years of runway.
The company targets 30-50% annualized growth, expecting to be at the low end (around 30%) this year, while maintaining gross margins of 35-40%.
As a leader in digital LiDAR, Ouster focuses on robotics, industrial, and smart infrastructure, with the upcoming L4 chip expected to nearly double their current addressable market.
The market is in its "first inning," with the majority of Ouster's over 1,000 customers in beta and prototype phases, though early design wins are maturing into production over the next 18-24 months.
Ouster's technology, including sensor fusion and hardware-software synergy, is enabling physical AI applications, and the company is the first and only 3D LiDAR sensor approved and certified by the US DOD for blue UAS.

Aug 12, 2025, 3:10 PM

Ouster Reports Strong Q2 2025 Results and Provides Q3 2025 Guidance

OUST

Earnings

Guidance Update

Revenue Acceleration/Inflection

Ouster reported strong Q2 2025 financial results, with revenue over $35 million, a 30% increase compared to the second quarter of 2024, and a GAAP gross margin of 45%.
The company shipped a record 5,500+ sensors in Q2 2025, up 33% from the second quarter of 2024, marking its 10th consecutive quarter of meeting or exceeding guidance.
Ouster ended the quarter with a robust balance sheet, holding $229 million in cash and equivalents and no debt.
For Q3 2025, Ouster provided revenue guidance of $35 million to $38 million.
The company is strategically transforming into a "Physical AI" company, focusing on scaling its software-attached business, transforming its product portfolio, and executing towards profitability.

Aug 7, 2025, 9:00 PM

Presentation

Ouster Inc Reports Q1 2025 Financial & Operational Results Update

OUST

Earnings

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Q1 2025 revenue reached approximately $33 million (≈$32.6M) with 26% YoY and 8% sequential growth, along with about 4,700 sensor shipments (up 6% YoY)
GAAP gross margin increased to 41% (up from 29%), with Non-GAAP margin at 46% (up from 36%)
Secured strategic multimillion-dollar deals across industrial, automotive, and smart infrastructure verticals, including a key deal with Komatsu and a record software-attached contract in Europe
Maintained a strong balance sheet with $171 million in cash and no debt, complemented by a $1.5 million patent royalty contributing to margin strength
Q1 2025 results reflected a net loss of $22 million and an Adjusted EBITDA loss of $8 million, highlighting ongoing investments
Provided Q2 2025 revenue guidance between $32M and $35M

May 8, 2025, 9:01 PM

Transcript Presentation 8-K

Ouster Inc Reports Q4 2024 Earnings Results

OUST

Earnings

Revenue Acceleration/Inflection

Product Launch

Q4 Performance: Ouster generated $30 million in revenue with 44% gross margins and shipped approximately 4,800 sensors, marking its eighth consecutive quarter of revenue growth.
Annual Financial Strength: For 2024, the company reported $111 million in revenue, a 33% year-over-year increase, with a full year gross margin of 36%.
Robust Balance Sheet: Ouster ended the year with $175 million in cash and equivalents and maintained a zero-debt profile, bolstering its financial stability.
Innovation Focus: The earnings call highlighted new product developments including a 3D zone monitoring firmware upgrade for industrial applications and the launch of the Gemini portal to streamline sensor deployments and spur future software revenue.