OUST · Ouster, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $169.38M | $111.10M | $83.28M | $41.03M | $18.90M | - |
| Cost of Revenue | $85.95M | $70.64M | $74.97M | $30.10M | $17.39M | - |
| Gross Profit | $83.44M | $40.46M | $8.31M | $10.93M | $1.51M | - |
| R&D | $65.17M | $58.08M | $91.21M | $64.32M | $23.32M | - |
| SG&A | $64.64M | $58.70M | $81.98M | $61.20M | $20.96M | - |
| Total Operating Expenses | $157.44M | $144.64M | $381.51M | $156.35M | $53.27M | - |
| D&A | $7.78M | $9.84M | $17.15M | $9.46M | $3.72M | - |
| Operating Income | ($74.00M) | ($104.18M) | ($373.19M) | ($145.42M) | ($51.76M) | - |
| Interest Expense | $0 | $1.82M | $9.30M | $2.69M | $2.52M | - |
| Income Tax | ($2.94M) | $537.0K | $523.0K | $305.0K | $375.0K | - |
| Net Income | ($60.38M) | ($97.05M) | ($374.11M) | ($138.56M) | ($106.78M) | - |
| EPS - Basic | ($1.07) | ($2.08) | ($10.10) | ($7.80) | ($59.80) | - |
| EPS - Diluted | ($1.07) | ($2.08) | ($10.10) | ($7.80) | ($59.80) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $67.41M | $45.54M | $50.99M | $122.93M | $16.85M | $698.0K |
| Accounts Receivable | $27.75M | $17.94M | $14.58M | $11.23M | $10.72M | - |
| Inventory | $23.57M | $16.42M | $23.23M | $19.53M | $7.45M | - |
| Accounts Payable | $19.98M | $6.29M | $3.54M | $8.80M | $4.86M | - |
| Current Assets | $278.89M | $219.85M | $263.16M | $162.50M | $207.36M | $1.01M |
| Total Assets | $349.52M | $276.15M | $330.74M | $256.14M | $307.70M | $201.07M |
| Current Liabilities | $71.03M | $78.43M | $81.69M | $29.49M | $22.10M | $2.35M |
| Long-term Debt | - | $0 | $43.98M | $39.57M | - | - |
| Total Liabilities | $87.78M | $95.24M | $151.07M | $84.52M | $47.00M | $9.35M |
| Stockholders' Equity | $261.74M | $180.91M | $179.67M | $171.62M | ($50.24M) | $5.00M |
| Retained Earnings | ($973.45M) | ($913.07M) | ($816.03M) | ($441.92M) | ($303.36M) | ($2.70M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($39.96M) | ($33.69M) | ($137.89M) | ($110.69M) | ($42.12M) | - |
| Investing Cash Flow | ($36.25M) | $14.65M | $50.60M | ($5.15M) | ($3.51M) | - |
| Financing Cash Flow | $97.61M | $15.39M | $15.66M | $55.60M | $39.86M | - |
| CapEx | $24.89M | $3.76M | $3.01M | $5.42M | $3.51M | - |
| Free Cash Flow | ($64.85M) | ($37.45M) | ($140.90M) | ($116.11M) | ($45.63M) | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 49.3% | 36.4% | 10.0% | 26.6% | 8.0% | - |
| Operating margin | -43.7% | -93.8% | -448.1% | -354.4% | -273.8% | - |
| EBITDA margin | -39.1% | -84.9% | -427.5% | -331.4% | -254.1% | - |
| Net margin | -35.6% | -87.3% | -449.2% | -337.7% | -564.9% | - |
| Free cash flow margin | -38.3% | -33.7% | -169.2% | -283.0% | -241.4% | - |
| FCF / Net income | 1.07 | 0.39 | 0.38 | 0.84 | 0.43 | - |
| R&D / Revenue | 38.5% | 52.3% | 109.5% | 156.8% | 123.3% | - |
| SG&A / Revenue | 38.2% | 52.8% | 98.4% | 149.2% | 110.9% | - |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -17.3% | -35.1% | -113.1% | -54.1% | -34.7% | - |
| Return on equity | -23.1% | -53.6% | -208.2% | -80.7% | 212.6% | - |
| Return on invested capital | - | -45.5% | -131.8% | -54.4% | - | - |
| Liquidity | ||||||
| Current ratio | 3.93 | 2.80 | 3.22 | 5.51 | 9.38 | 0.43 |
| Quick ratio | 3.59 | 2.59 | 2.94 | 4.85 | 9.04 | 0.43 |
| Cash ratio | 0.95 | 0.58 | 0.62 | 4.17 | 0.76 | 0.30 |
| Leverage | ||||||
| Debt / Equity | - | 0.00 | 0.24 | 0.23 | - | - |
| Debt / Assets | - | 0.00 | 0.13 | 0.15 | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | -57.1x | -40.1x | -54.0x | -20.6x | - |
| Equity multiplier | 1.34 | 1.53 | 1.84 | 1.49 | -6.13 | 40.21 |
| Liabilities / Assets | 0.25 | 0.34 | 0.46 | 0.33 | 0.15 | 0.05 |
| Efficiency | ||||||
| Asset turnover | 0.48 | 0.40 | 0.25 | 0.16 | 0.06 | - |
| Inventory turnover | 3.65 | 4.30 | 3.23 | 1.54 | 2.33 | - |
| Days sales outstanding | 60d | 59d | 64d | 100d | 207d | - |
| Days inventory outstanding | 100d | 85d | 113d | 237d | 156d | - |
| Days payable outstanding | 85d | 32d | 17d | 107d | 102d | - |
| Cash conversion cycle | 75d | 111d | 160d | 230d | 261d | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | 4.7x | 3.1x | 1.6x | 8.9x | - | - |
| P / S | 7.2x | 5.1x | 3.4x | 37.4x | 49.1x | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 52.5% | 33.4% | 103.0% | 117.0% | - | - |
| Revenue CAGR (3y) | 60.4% | 80.5% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | 106.2% | 386.6% | -23.9% | 622.4% | - | - |
| Operating income growth (YoY) | 29.0% | 72.1% | -156.6% | -180.9% | - | - |
| Net income growth (YoY) | 37.8% | 74.1% | -170.0% | -29.8% | - | - |
| EPS growth (YoY) | 48.6% | 79.4% | -29.5% | 87.0% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -73.2% | 73.4% | -21.3% | -154.5% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 44.7% | 0.7% | 4.7% | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$169.38M totalReportable Segment$169.38M · 100.0%
Product / service
$169.38M totalProduct$146.58M · 86.5%
Royalty$22.81M · 13.5%
Geographic
$169.38M totalAmericas$92.10M · 54.4%
Asia Pacific$54.19M · 32.0%
EMEA$23.09M · 13.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-0.85
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: General Industrial Machinery & Equipment, NEC
Comparing Ouster against the 5 most active filers in the same SIC group.