Companies /Technology

Ouster Inc - Class A

NYSE: OUST Electronic Components
$34.44
▼ $0.18 (−0.52%) today
Markets closed · 6:38pm ET

Q1 2025 Earnings

Reported May 8, 2025, 4:24pm ET · SEC source
$-0.42
Miss −64.71%
EPS · est. $-0.26
$32.6M
Beat +5.72%
Revenue · est. $30.9M
+85.2%
Beating market
OUST vs S&P since report
2 quarters
Consecutive EPS misses

Market Reaction

% change · around the report
−8%0+8%+16%May 8May 9report 4:24pm ETearnings+0.0%+12.9%
−8%0+8%+16%May 8May 9earnings+0.0%+12.9%
OUST +12.9%S&P 500 +0.0%
−8%0+8%+16%May 8May 9report 4:24pm ETearnings−0.0%+12.9%
−8%0+8%+16%May 8May 9earnings−0.0%+12.9%
OUST +12.9%NASDAQ −0.0%
0+20%May 7May 16report 4:24pm ETearnings+4.6%+19.8%
0+20%May 7May 16earnings+4.6%+19.8%
OUST +19.8%S&P 500 +4.6%
0+20%May 7May 16report 4:24pm ETearnings+6.0%+19.8%
0+20%May 7May 16earnings+6.0%+19.8%
OUST +19.8%NASDAQ +6.0%
+22.77%
Day of report
+8.00%
Next session
+4.33%
One week
+91.71%
30 days

S&P 500 over the same 30 days: +6.56%.

Did OUST Beat Earnings? Q1 2025 Results

Ouster turned in a notably strong first quarter of 2025, posting revenue of $32.63 million — up 26% year over year and 8% sequentially — as demand from industrial and automotive customers in warehouse automation and robotaxi applications continued to build momentum. The quarter's results were further lifted by approximately $2.00 million in patent royalty revenue, which helped drive GAAP gross margin to 41%, a roughly 1,200 basis point improvement from 29% in Q1 2024. The company's net loss narrowed to $22.02 million, or $-0.42 per share, while adjusted EBITDA loss improved to $7.81 million from $11.74 million a year ago. CEO Angus Pacala highlighted multimillion-dollar deal wins across all four verticals as Ouster continues repositioning itself as a Physical AI company. <a href="https://247wallst.com/investing/2025/11/04/sensor-shipments-hit-record-ouster-shares-drop-13/">Sensor shipments</a> reached approximately 4,700 units for the quarter. Looking ahead, Ouster guided Q2 2025 revenue of $32.00 million to $35.00 million, signaling continued momentum despite acknowledged tariff and macroeconomic uncertainties.

Key Takeaways
  • 26% year-over-year revenue growth driven by industrial and automotive vertical demand
  • Warehouse automation, yard logistics, and robotaxi use cases driving Q1 demand
  • Patent royalty revenue of approximately $2 million contributing to margin expansion
  • Favorable product mix improving gross margins
  • GAAP gross margin improved approximately 1,200 basis points year over year to 41%
  • Non-GAAP gross margin improved approximately 1,000 basis points year over year to 46%
  • Approximately 4,700 sensors shipped for revenue

“Our strong first quarter results demonstrate continued operational execution. We generated revenue of $33 million and gross margin of 41%, winning multimillion dollar deals across all four of our verticals. The thousands of sensors shipped each quarter and growing installed base of connected software solutions underscore our customers' confidence in both our product performance and long-term roadmap.”

Ouster CEO, on the earnings call

Forward Guidance & Outlook

For Q2 2025, Ouster expects revenue of $32 million to $35 million. The company continues to work closely with customers to mitigate any disruptions from the unpredictable geopolitical and macroeconomic environment.

OUST YoY Financials

Revenue$32.6M
Gross Profit$13.5M
Operating Income$-23,830,000
Net Income$-22,017,000

OUST Revenue by Segment

Product Revenue (Lidar Sensors)
Royalties
Royalties (IP Licensing)

Figures from SEC filings and company reports. Not investment advice.