Ouster (OUST) Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Ouster closed Q4 2025 with a standout quarter, posting revenue of $62.18 million, up 107% year over year, and swinging to GAAP net income of $3.98 million, or $0.06 per share, compared to a net loss of $23.74 million in the same period a year ago. Th… Read more Ouster closed Q4 2025 with a standout quarter, posting revenue of $62.18 million, up 107% year over year, and swinging to GAAP net income of $3.98 million, or $0.06 per share, compared to a net loss of $23.74 million in the same period a year ago. The headline numbers were meaningfully shaped by approximately $21.00 million in primarily one-time royalties tied to long-term IP license contracts, which alone accounted for roughly 1,900 basis points of the 62% non-GAAP gross margin. Stripping out royalties, product revenue of $40.97 million still grew 36% year over year, driven by industrial and robotics customers in warehouse automation, robotaxi, and mapping verticals. Full-year 2025 revenue reached $169.38 million, up 52%, with adjusted EBITDA improving to a loss of $12.42 million from a loss of $41.81 million. Looking ahead, Ouster guided Q1 2026 revenue of $45.00 million to $48.00 million, reflecting the fade of the royalty tailwind, while its long-term framework targets 30% to 50% annual revenue growth and a path to sustained profitability.