Companies /Technology
Ouster Inc - Class A
NYSE: OUST Electronic Components
$39.90
▲ $0.37 (+0.94%) today
Markets closed · 11:41pm ET

Ouster (OUST) Q4 2025 Earnings

Reported Mar 2, 2026, 4:17pm ET · SEC source
$0.06
Beat +144.44%
EPS · est. $-0.14
$62.2M
Beat +51.22%
Revenue · est. $41.1M
−3.5%
Trailing market
OUST vs S&P since report
2 quarters
Consecutive EPS misses

How Did OUST Stock React to Q4 2025 Earnings?

% change · around the report
−18%−12%−6%0Mar 2Mar 3report 4:17pm ETearnings−0.9%−9.6%
−18%−12%−6%0Mar 2Mar 3earnings−0.9%−9.6%
OUST −9.6%S&P 500 −0.9%
−18%−12%−6%0Mar 2Mar 3report 4:17pm ETearnings−1.0%−9.6%
−18%−12%−6%0Mar 2Mar 3earnings−1.0%−9.6%
OUST −9.6%NASDAQ −1.0%
−24%−16%−8%0Mar 2Mar 10report 4:17pm ETearnings−1.3%−8.0%
−24%−16%−8%0Mar 2Mar 10earnings−1.3%−8.0%
OUST −8.0%S&P 500 −1.3%
−24%−16%−8%0Mar 2Mar 10report 4:17pm ETearnings−0.0%−8.0%
−24%−16%−8%0Mar 2Mar 10earnings−0.0%−8.0%
OUST −8.0%NASDAQ −0.0%
+6.86%
Day of report
+7.26%
Next session
+1.48%
One week
−8.05%
30 days

S&P 500 over the same 30 days: −4.54%.

Did OUST Beat Earnings? Q4 2025 Results

Yes. Ouster reported Q4 2025 earnings of $0.06 a share on Mar 2, 2026, beating the $-0.14 consensus estimate by 144.4%. Revenue was $62.2M against a $41.1M estimate.

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.

Key Takeaways
  • Strong customer demand in industrial and robotics verticals for warehouse automation, robotaxi, and mapping
  • Approximately $21 million in primarily one-time IP license royalties boosted Q4 revenue
  • Volume growth and operating efficiencies improved gross margins
  • Record quarterly lidar shipments of over 8,100 units
  • 12th consecutive quarter of product revenue growth

“2025 was a year of exceptional execution for Ouster. Our strong revenue growth and gross margin performance are a testament to our disciplined focus as we pioneer the technologies driving the secular shift towards Physical AI, delivering record results.”

Ouster CEO, on the earnings call

What Was Ouster's Outlook in Q4 2025?

For Q1 2026, Ouster expects total revenue of $45 to $48 million, including approximately 7 weeks of Stereolabs operations. The company's long-term financial framework targets annual revenue growth of 30% to 50%, GAAP gross margins of 35% to 40%, and GAAP operating expense growth of 5%-8% from 2025 levels, excluding the approximately $23 million in primarily one-time royalties recognized in 2025. Ouster expects the Stereolabs acquisition to be accretive to its path to profitability.

OUST YoY Financials

Revenue$62.2M
Gross Profit$37.5M
Operating Income$904,000
Net Income$4.0M

OUST Revenue by Segment

Product Revenue (Lidar Sensors)$41.0M+36.0%
Royalties$21.2M
Royalties (IP Licensing)

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