Q2 26 EPS GAAP
$-0.27
MISS 98.53%
Est. $-0.14
Includes $986K in acquisition and integration-related charges and $2.1M in amortization of acquired intangibles related to the Stereolabs acquisition; also includes $11.4M in stock-based compensation expense
Q2 26 Revenue
$54.6M
BEAT +7.36%
Est. $50.9M
vs S&P Since Q2 26
+1.6%
BEATING MARKET
OUST +1.3% vs S&P -0.3%
Market Reaction
Did OUST Beat Earnings? Q2 2026 Results
Ouster, Inc. Delivered a revenue beat alongside a sharper-than-expected earnings miss in Q2 2026, painting a mixed picture for the lidar and sensor maker. Revenue surged 55.9% year over year to $54.63 million, topping the $50.88 million consensus by … Read more Ouster, Inc. Delivered a revenue beat alongside a sharper-than-expected earnings miss in Q2 2026, painting a mixed picture for the lidar and sensor maker. Revenue surged 55.9% year over year to $54.63 million, topping the $50.88 million consensus by 7.36%, as industrial and smart infrastructure verticals, particularly warehouse automation and intelligent transportation, drove demand and the company shipped more than 17,000 sensors in the quarter. On the bottom line, however, GAAP net loss per diluted share came in at $0.27, missing the $0.14 consensus estimate by 98.53%; that GAAP figure includes $11.38 million in stock-based compensation, $2.10 million in amortization of acquired intangibles, and $986,000 in acquisition and integration charges tied to the Stereolabs deal. The Stereolabs integration also contributed to a 49% GAAP gross margin, up 400 basis points year over year, reflecting volume growth and improving efficiencies. Shares had already climbed roughly 6% ahead of the report amid a broader robotics sector rally. Looking ahead, Ouster guided Q3 2026 revenue of $54.50 million to $57.50 million, citing momentum from its Rev8 lidar and ZED X Nano camera launches.
Key Takeaways
- • 56% YoY revenue growth driven by industrial and smart infrastructure verticals
- • Warehouse automation and yard logistics use cases driving product revenue
- • Intelligent transportation systems adoption
- • Volume growth and operating efficiencies lifting gross margins
- • Over 17,000 lidar and camera sensors shipped
OUST Forward Guidance & Outlook
For Q3 2026, Ouster expects total revenue of $54.5 million to $57.5 million. The company sees continued momentum from customers scaling investments in Physical AI and autonomy moving into more complex real-world applications. Recent product launches including Rev8 lidar and ZED X Nano camera are expected to deepen key customer relationships.
OUST YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
OUST Revenue by Segment
With YoY comparisons, source: SEC Filings
“We delivered a strong second quarter, with $55 million in revenue and more than 17,000 total sensors shipped. These results reflect the strength of our unified sensing and perception platform and the continued momentum we have been seeing across our markets. Customers around the world have continued to scale their investments in Physical AI, and Ouster is well positioned to benefit as autonomy moves into more complex, real-world applications.”
— Angus Pacala, Q2 2026 Earnings Press Release
OUST Earnings Trends
OUST vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
OUST EPS Trend
Earnings per share: estimate vs actual
OUST Revenue Trend
Quarterly revenue: estimate vs actual
OUST Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 MISS Includes $986K in acquisition and integration-related charges and $2.1M in amortization of acquired intangibles related to the Stereolabs acquisition; also includes $11.4M in stock-based compensation expense | $-0.14 | $-0.27 | -98.53% | $54.6M | +7.36% |
| Q1 26 MISS | $-0.12 | $-0.28 | -143.48% | $48.6M | +5.26% |
| Q4 25 BEAT FY | $-0.14 | $0.06 | +144.44% | $62.2M | +51.22% |
| FY Full Year | $-0.58 | $-1.07 | -85.28% | $169.4M | +14.22% |
| Q3 25 MISS | $-0.18 | $-0.37 | -102.74% | $39.5M | +6.63% |
| Q2 25 MISS | $-0.21 | $-0.38 | -85.37% | $35.0M | +3.80% |
| Q1 25 MISS | $-0.26 | $-0.42 | -64.71% | $32.6M | +5.72% |