NASDAQ : OUST
Ouster, Inc. — Financial statements
Technology · Electronic Components · United States
Last price 28.32 USD (Oct 30, 2026, 2:39 PM EDT) · Market cap 2.04B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Ouster, Inc. (OUST) reported revenue of 204.91M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 204.91M | 169.38M | 111.10M | 83.28M | 41.03M | 33.58M |
| Cost of Revenue | 109.37M | 88.35M | 70.64M | 74.97M | 30.10M | 24.49M |
| Gross Profit | 95.53M | 81.04M | 40.46M | 8.31M | 10.93M | 9.09M |
| Selling, General & Admin | 94.28M | 93.47M | 86.55M | 96.12M | 92.04M | 74.22M |
| Research & Development | 69.56M | 68.47M | 58.08M | 91.21M | 64.32M | 34.58M |
| Operating Expenses | 163.84M | 161.94M | 144.64M | 187.33M | 156.35M | 108.80M |
| Operating Income | -68.30M | -80.90M | -104.18M | -179.02M | -145.42M | -99.71M |
| Interest Expense | -1.82M | -9.30M | -2.69M | -504.00K | ||
| Interest & Investment Income | 9.60M | 9.48M | 8.85M | 9.04M | 2.21M | 471.00K |
| Currency Exchange Gain (Loss) | 21.00K | |||||
| Other Non Operating Income (Expenses) | 836.00K | 1.20M | 646.00K | -130.00K | 7.65M | 2.95M |
| EBT Excluding Unusual Items | -57.86M | -70.21M | -96.51M | -179.41M | -138.25M | -96.78M |
| Impairment of Goodwill | -166.68M | |||||
| Legal Settlements | -1.10M | -1.10M | -27.50M | |||
| Other Unusual Items | 8.00M | 8.00M | ||||
| Pretax Income | -52.16M | -63.31M | -96.51M | -373.59M | -138.25M | -96.78M |
| Income Tax Expense | 1.16M | -2.94M | 537.00K | 523.00K | 305.00K | -2.79M |
| Net Income | -53.33M | -60.38M | -97.05M | -374.11M | -138.56M | -93.98M |
| Net Income to Common | -53.33M | -60.38M | -97.05M | -374.11M | -138.56M | -93.98M |
| Shares Outstanding (Basic) | 61.39M | 56.33M | 46.58M | 37.04M | 17.79M | 13.39M |
| Shares Outstanding (Diluted) | 61.39M | 56.33M | 46.58M | 37.04M | 17.79M | 13.39M |
| EPS (Basic) | -0.87 | -1.07 | -2.08 | -10.10 | -7.79 | -7.02 |
| EPS (Diluted) | -0.87 | -1.07 | -2.08 | -10.10 | -7.79 | -7.02 |
| Free Cash Flow | -82.47M | -64.85M | -37.45M | -140.90M | -116.11M | -75.34M |
| Free Cash Flow Per Share | -1.34 | -1.15 | -0.80 | -3.80 | -6.53 | -5.63 |
| Gross Margin | 46.62% | 47.84% | 36.42% | 9.98% | 26.64% | 27.06% |
| Operating Margin | -33.33% | -47.76% | -93.77% | -214.96% | -354.44% | -296.95% |
| Profit Margin | -26.02% | -35.64% | -87.35% | -449.23% | -337.71% | -279.89% |
| Free Cash Flow Margin | -40.25% | -38.29% | -33.71% | -169.19% | -283.00% | -224.39% |
| EBITDA | -58.24M | -73.12M | -94.34M | -161.87M | -135.97M | -94.56M |
| EBITDA Margin | -28.42% | -43.17% | -84.91% | -194.37% | -281.62% | |
| D&A For EBITDA | 10.06M | 7.78M | 9.84M | 17.15M | 9.46M | 5.15M |
| EBIT | -68.30M | -80.90M | -104.18M | -179.02M | -145.42M | -99.71M |
| EBIT Margin | -33.33% | -47.76% | -93.77% | -214.96% | -296.95% | |
| Revenue as Reported | 204.91M | 169.38M | 111.10M | 33.58M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 91.76M | 67.41M | 45.54M | 50.99M | 122.93M | 182.64M |
| Short-Term Investments | 169.32M | 141.17M | 126.48M | 139.16M | ||
| Cash & Short-Term Investments | 261.08M | 208.59M | 172.02M | 190.15M | 122.93M | 182.64M |
| Accounts Receivable | 22.10M | 27.75M | 17.94M | 14.58M | 11.23M | 10.72M |
| Other Receivables | 10.18M | 6.49M | 4.88M | 25.40M | 2.53M | 1.34M |
| Receivables | 32.27M | 34.24M | 22.82M | 39.98M | 13.76M | 12.07M |
| Inventory | 34.34M | 23.57M | 16.42M | 23.23M | 19.53M | 7.45M |
| Prepaid Expenses | 10.97M | 7.38M | 6.60M | 6.03M | 3.94M | 3.33M |
| Restricted Cash | 336.00K | 1.47M | 722.00K | 552.00K | 257.00K | 977.00K |
| Other Current Assets | 6.68M | 3.64M | 1.27M | 3.22M | 2.07M | 897.00K |
| Total Current Assets | 345.69M | 278.89M | 219.85M | 263.16M | 162.50M | 207.36M |
| Property, Plant & Equipment | 48.26M | 45.34M | 24.47M | 28.79M | 22.69M | 25.21M |
| Goodwill | 38.52M | 51.15M | 51.08M | |||
| Other Intangible Assets | 32.91M | 13.32M | 17.83M | 24.44M | 18.16M | 22.65M |
| Long-Term Accounts Receivable | 5.25M | 8.56M | 10.13M | 10.57M | ||
| Other Long-Term Assets | 4.18M | 3.41M | 3.86M | 3.79M | 1.63M | 1.41M |
| Total Assets | 474.82M | 349.52M | 276.15M | 330.74M | 256.14M | 307.70M |
| Accounts Payable | 22.32M | 19.98M | 6.29M | 3.54M | 8.80M | 4.86M |
| Accrued Expenses | 20.81M | 12.00M | 16.82M | 37.47M | 4.16M | 3.23M |
| Current Portion of Leases | 4.78M | 4.14M | 7.20M | 7.10M | 3.22M | 3.07M |
| Current Unearned Revenue | 17.17M | 20.70M | 34.35M | 12.88M | 402.00K | |
| Other Current Liabilities | 17.95M | 14.20M | 13.77M | 20.70M | 12.91M | 10.94M |
| Total Current Liabilities | 83.02M | 71.03M | 78.43M | 81.69M | 29.49M | 22.10M |
| Long-Term Debt | 43.98M | 39.57M | ||||
| Long-Term Leases | 11.62M | 12.94M | 13.05M | 18.83M | 13.40M | 16.21M |
| Long-Term Unearned Revenue | 3.32M | 3.11M | 2.54M | 4.97M | 342.00K | |
| Other Long-Term Liabilities | 613.00K | 703.00K | 1.22M | 1.61M | 1.71M | 8.69M |
| Total Liabilities | 103.51M | 87.78M | 95.24M | 151.07M | 84.52M | 47.00M |
| Common Stock | 48.00K | 48.00K | 47.00K | 42.00K | 19.00K | 17.00K |
| Additional Paid-In Capital | 1.38B | 1.24B | 1.09B | 995.46M | 613.66M | 564.04M |
| Retained Earnings | -1.01B | -973.45M | -913.07M | -816.03M | -441.92M | -303.36M |
| Comprehensive Income & Other | -733.00K | -442.00K | -1.00M | 192.00K | -149.00K | -6.00K |
| Total Common Equity | 371.31M | 261.74M | 180.91M | 179.67M | 171.62M | 260.70M |
| Shareholders' Equity | 371.31M | 261.74M | 180.91M | 179.67M | 171.62M | 260.70M |
| Total Liabilities & Equity | 474.82M | 349.52M | 276.15M | 330.74M | 256.14M | 307.70M |
| Total Debt | 16.40M | 17.08M | 20.25M | 69.90M | 56.20M | 19.27M |
| Net Cash (Debt) | 244.68M | 191.50M | 151.77M | 120.25M | 66.74M | 163.37M |
| Net Cash Per Share | 3.99 | 3.40 | 3.26 | 3.25 | 3.75 | 12.20 |
| Filing Date Shares Outstanding | 72.11M | 62.80M | 53.77M | 40.67M | 38.63M | 17.28M |
| Total Common Shares Outstanding | 68.49M | 60.95M | 52.56M | 43.26M | 18.66M | 17.22M |
| Working Capital | 262.67M | 207.86M | 141.43M | 181.47M | 133.01M | 185.25M |
| Book Value Per Share | 5.42 | 4.29 | 3.44 | 4.15 | 9.20 | 15.14 |
| Tangible Book Value | 299.88M | 248.42M | 163.08M | 155.24M | 102.30M | 186.97M |
| Tangible Book Value Per Share | 4.38 | 4.08 | 3.10 | 3.59 | 5.48 | 10.86 |
| Land | 7.80M | 7.80M | ||||
| Buildings | 9.45M | 9.45M | ||||
| Machinery | 23.08M | 18.74M | 13.77M | 18.61M | 10.00M | 9.72M |
| Construction In Progress | 8.14M | 7.33M | 6.35M | 3.57M | 3.45M | 1.70M |
| Leasehold Improvements | 5.13M | 5.10M | 9.46M | 10.88M | 9.32M | 9.27M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -53.33M | -60.38M | -97.05M | -374.11M | -138.56M | -93.98M |
| Depreciation & Amortization | 14.32M | 12.89M | 14.74M | 21.67M | 12.19M | 5.15M |
| Other Amortization | 190.00K | 160.00K | 581.00K | |||
| Loss (Gain) From Sale of Assets | 430.00K | |||||
| Asset Writedown & Restructuring Costs | 28.00K | 113.00K | 401.00K | 168.35M | ||
| Loss (Gain) From Sale of Investments | -2.89M | -3.25M | -5.37M | -4.68M | ||
| Stock-Based Compensation | 37.98M | 40.82M | 40.46M | 57.73M | 33.32M | 25.36M |
| Provision & Write-off of Bad Debts | -231.00K | -8.00K | -587.00K | 1.35M | 346.00K | 379.00K |
| Other Operating Activities | 2.01M | 1.91M | 2.25M | 13.09M | -5.05M | -2.40M |
| Change in Accounts Receivable | -3.85M | -8.02M | -1.72M | 3.57M | -856.00K | -8.01M |
| Change in Inventory | -14.48M | -6.78M | 4.74M | -4.05M | -13.68M | -3.44M |
| Change in Accounts Payable | 7.62M | 13.20M | 2.48M | -8.52M | 4.19M | -2.44M |
| Change in Unearned Revenue | -16.06M | -14.30M | 19.04M | 6.60M | ||
| Change in Other Net Operating Assets | -24.94M | -16.17M | -13.06M | -19.06M | -3.18M | 7.74M |
| Operating Cash Flow | -53.81M | -39.96M | -33.69M | -137.89M | -110.69M | -71.06M |
| Capital Expenditures | -28.66M | -24.89M | -3.76M | -3.01M | -5.42M | -4.28M |
| Sale of Property, Plant & Equipment | 668.00K | 560.00K | 275.00K | |||
| Cash Acquisitions | -27.49M | 32.14M | -10.95M | |||
| Investment in Securities | -16.23M | -11.36M | 17.74M | 20.91M | ||
| Investing Cash Flow | -72.39M | -36.25M | 14.65M | 50.60M | -5.15M | -15.23M |
| Short-Term Debt Issued | 5.00M | |||||
| Long-Term Debt Issued | 43.98M | 39.08M | ||||
| Total Debt Issued | 43.98M | 39.08M | 5.00M | |||
| Short-Term Debt Repaid | -5.00M | |||||
| Long-Term Debt Repaid | -43.98M | -43.98M | -7.00M | |||
| Total Debt Repaid | -43.98M | -43.98M | -12.00M | |||
| Net Debt Issued (Repaid) | -43.98M | 39.08M | -7.00M | |||
| Issuance of Common Stock | 141.14M | 98.03M | 59.71M | 16.02M | 17.17M | 272.59M |
| Repurchase of Common Stock | -104.00K | -45.00K | ||||
| Other Financing Activities | -431.00K | -421.00K | -346.00K | -363.00K | -541.00K | -7.24M |
| Financing Cash Flow | 140.71M | 97.61M | 15.39M | 15.66M | 55.60M | 258.30M |
| Foreign Exchange Rate Adjustments | -2.00K | 478.00K | -886.00K | -12.00K | -143.00K | |
| Net Cash Flow | 14.51M | 21.88M | -4.54M | -71.64M | -60.38M | 172.01M |
| Free Cash Flow | -82.47M | -64.85M | -37.45M | -140.90M | -116.11M | -75.34M |
| Free Cash Flow Margin | -40.25% | -38.29% | -33.71% | -169.19% | -283.00% | -224.39% |
| Free Cash Flow Per Share | -1.34 | -1.15 | -0.80 | -3.80 | -6.53 | -5.63 |
| Levered Free Cash Flow | -57.37M | -48.56M | 7.00M | -26.24M | -59.95M | -42.66M |
| Unlevered Free Cash Flow | -57.37M | -48.56M | 8.14M | -20.62M | -58.42M | -42.59M |
| Cash Interest Paid | 2.07M | 5.12M | 1.74M | 635.00K | ||
| Change in Working Capital | -51.70M | -32.06M | 11.46M | -21.46M | -13.53M | -6.15M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.15B | 1.30B | 608.20M | 312.11M | 159.44M | 892.34M |
| Enterprise Value | 1.91B | 1.07B | 478.70M | 179.49M | 62.84M | 683.68M |
| Last Close Price | 29.74 | 21.64 | 12.22 | 7.67 | 8.63 | 52.00 |
| PS Ratio | 10.47 | 7.67 | 5.47 | 3.75 | 3.89 | 26.57 |
| PB Ratio | 5.49 | 4.96 | 3.36 | 1.74 | 0.93 | 3.42 |
| P/TBV Ratio | 7.15 | 5.23 | 3.73 | 2.01 | 1.56 | 4.77 |
| EV/Sales Ratio | 9.27 | 6.32 | 4.31 | 2.15 | 1.53 | 20.36 |
| Debt / Equity Ratio | 0.04 | 0.07 | 0.11 | 0.39 | 0.33 | 0.07 |
| Net Debt / Equity Ratio | -0.66 | -0.73 | -0.84 | -0.67 | -0.39 | -0.63 |
| Net Debt / EBITDA Ratio | 4.20 | 2.62 | 1.61 | 0.74 | 0.49 | 1.73 |
| Net Debt / FCF Ratio | 2.97 | 2.95 | 4.05 | 0.85 | 0.57 | 2.17 |
| Asset Turnover | 0.51 | 0.54 | 0.37 | 0.28 | 0.15 | 0.19 |
| Inventory Turnover | 4.54 | 4.42 | 3.56 | 3.51 | 2.23 | 3.99 |
| Quick Ratio | 3.53 | 3.42 | 2.48 | 2.82 | 4.63 | 8.81 |
| Current Ratio | 4.16 | 3.93 | 2.80 | 3.22 | 5.51 | 9.38 |
| Return on Equity (ROE) | -18.01% | -27.28% | -53.83% | -212.99% | -64.10% | -83.91% |
| Return on Assets (ROA) | -10.72% | -16.16% | -21.46% | -38.13% | -32.24% | -35.20% |
| Return on Capital Employed (ROCE) | -17.40% | -29.00% | -52.70% | -71.90% | -64.20% | -34.90% |
| Earnings Yield | -2.91% | -4.65% | -15.96% | -119.86% | -86.91% | -10.53% |
| FCF Yield | -3.85% | -4.99% | -6.16% | -45.14% | -72.83% | -8.44% |
| Buyback Yield / Dilution | -19.69% | -20.93% | -25.76% | -108.19% | -32.86% | -649.86% |