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Ouster, Inc. (OUST) stock

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NASDAQ: OUST Nasdaq Electronic Equipment & Instruments Next results ~November 3, 2026

C+ Fundamentals grade

Ouster, Inc. is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$8.1

Valuation models combined (2)

Base case. Range ~$7.8–$9.0. Weighted average of 2 models (growth cash-flow model, forward price-to-sales vs peers), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Ouster, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 9 selling3 purchases and 68 sales by directors and officers, last 12 monthsInsider trades
  • Funds224 adding, 95 cuttingOf 42 active managers that changed their stake, 22 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Ouster files

Where Ouster stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $205m, up 62.8% on a year earlier, faster than the 57.3% growth a quarter earlier. That growth ranks 1 of 22 among the electronic equipment & instruments companies we cover. Free-cash-flow margin fell to -40.2% from -12.7% a year earlier. Operating margin widened to -30.6% from -82.4%. The diluted share count is up 20.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 2 financial-health checks. Our revenue-to-maturity cash-flow model value is $4.58 a share, against a share price of $32.76.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Ouster, Inc.'s trailing-twelve-month revenue grew 62.8% year on year, with a free-cash-flow margin of -40.2%. Where it stands out: days sales outstanding of 39 days ranks 3 of 52 electronic equipment & instruments companies we cover. Where it lags: stock pay as % of revenue of 18.5% ranks 42 of 49 electronic equipment & instruments companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 416.3% while net income grew 42.0%: a 458pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 62.8% over the last 12 months, against a median of 9.8% for electronic equipment & instruments companies we cover.
  • Growth speeding up. The growth rate is 5.5 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 51.9 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.1bn.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Loss-making. Operating margin is -30.6%: costs exceed revenue.
  • Burning cash. Free cash flow was -40.2% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 18.5% of revenue, against a median of 3.0% for electronic equipment & instruments companies we cover: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 20.0% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 103% and a beta of 4.6 against the S&P 500.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
-$0.26 against an average estimate of -$0.14: missed by 91.0%
Revenue
$55m, up 55.9% on a year earlier
Share reaction
-3.8% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Next report
November 3, 2026; average EPS estimate -$0.10

Ouster's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-5.1%
  • 1 week-5.0%
  • 1 month-36.4%
  • This year+30.4%
  • 1 year-15.4%
  • 5 years-60.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$205M
Operating margin
-30.6%
Net margin
-26.0%
EPS (TTM, diluted)
$-0.87

Growth

Revenue growth
+62.8%
Change in growth rate
+5.5 pts
Share count change
+20.0%

Cash

Free cash flow (TTM)
-$82.5M
FCF margin
-40.2%
Stock pay % of revenue
18.5%

Earnings

Last results
August 6, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Insider trade
  3. Results
  4. Insider trade
  5. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Ouster, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Ouster, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 13.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.82 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$7.8 ~$5.3–$10 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$9.0 ~$7.2–$20 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$4.5 ~$3.6–$5.8 Left out: out of range vs price (0.16x)
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$8.1 ~$7.8–$9.0 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Ouster, Inc. with Electronic Equipment & Instruments in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 202020212022202320242025Now
Share price$135.00$52.00$8.63$7.67$12.22$21.64$28.22
Market value$482m$1.4bn$307m$284m$569m$1.2bn$1.7bn
+ Net debt (− = net cash)−$11m−$183m−$83m−$7m−$46m−$67m−$92m
Enterprise value$471m$1.2bn$224m$277m$524m$1.2bn$1.6bn
Multiples
Price / sales 25.5x41.5x7.5x3.4x5.1x7.2x8.5x
Price / earnings ———————
Price / free cash flow ———————
EV / EBITDA ———————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

10 /100

Weak moat

How hard Ouster's competitive advantage looks for rivals to wear away, judged from 6 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median -15.0% of total assets over 5 years.

  • Pricing power 2 / 20

    Gross margin has been a median 26.7%, moving by 13.0 percentage points (standard deviation) across 6 years.

  • Durability 10 / 20

    Operating margin has been a median -167.1%; its worst year was -643.5%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 6 years, at a median -100.8% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (15 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, after the close. Analysts expect revenue of $56m and EPS of −$0.10 (range −$0.22 to −$0.04) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.34 +60% $222m +31%
Next −$0.13 +63% $299m +35%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −17.9% on 90 days ago. In the last 30 days, 2 analysts raised Ouster, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Ouster, Inc., last 90 days
−$0.60 −$0.40 −$0.20 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.41 Current fiscal year, 60 days ago: −$0.41 Current fiscal year, 30 days ago: −$0.41 Current fiscal year, 7 days ago: −$0.38 Current fiscal year, Now: −$0.34 −$0.34 Next fiscal year, 90 days ago: −$0.04 Next fiscal year, 60 days ago: −$0.04 Next fiscal year, 30 days ago: −$0.04 Next fiscal year, 7 days ago: −$0.14 Next fiscal year, Now: −$0.13 −$0.13

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.41−$0.04
60 days ago −$0.41−$0.04
30 days ago −$0.41−$0.04
7 days ago −$0.38−$0.14
Now −$0.34−$0.13

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.14 −$0.26 −91.0%
Mar 2026 −$0.12 −$0.25 −115.7%
Dec 2025 −$0.14 $0.07 +149.3%
Sept 2025 −$0.18 −$0.16 +10.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

6 analysts, Oct 2026
Buy583%
Hold117%
Sell00%

Monthly trend

  1. Oct 2026516
  2. Sep 2026617

Counts of recommendations published by analysts covering Ouster, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.1%
of tradable shares
Days to cover
2.45
at average volume
Short interest, 1 month
−7%
to October 15, 2026
Held by institutions
52%
of shares
Held by insiders
2.4%
of shares
Employees
320
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −15.4%

$33.36 on October 31, 2025 to $28.22

ThenNowEffect
Revenue (last 12 months) $126m $205m +62.8%
P/S multiple 13.6x 8.5x −37.6%
Share count 51m 62m −16.7%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
OUST−62%−83%−11%+59%+77%+30%
Industry peers (median)0%−37%+25%−1%−7%−21%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
OUST42%25%42%67%42%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
OUST−67%−85%−82%−64%−57%−55%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 9, 2020: 98% from December 24, 2020 to April 25, 2023. Getting back needed a 4915% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$16.63 – $62.52
From 52-week high
−54.9%
vs 50-day average
−20.9%
vs 200-day average
−13.0%
Volatility (1 year)
103%
Beta vs S&P 500
4.63

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±17.6%
After a week
7 up, 5 down
typical move ±26.2%
After a month
6 up, 6 down
typical move ±31.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 −3.8% +0.5% 0.0% −19.3%
May 5, 2026 +4.4% +2.2% −3.7% +67.3%
March 2, 2026 +14.6% −0.8% +8.4% −3.1%
November 4, 2025 −18.4% −0.8% −21.8% −18.1%
August 7, 2025 +12.3% +0.7% +52.6% +23.2%
May 8, 2025 +28.6% +0.6% +36.1% +83.8%
March 20, 2025 +33.1% −0.3% +20.2% −18.8%
January 17, 2025 −6.4% +1.9% −14.1% −9.4%
November 7, 2024 +2.0% +1.2% +11.1% +27.5%
August 13, 2024 −27.9% +2.0% −28.2% −43.8%
May 9, 2024 +25.8% +0.7% +18.3% +14.6%
March 26, 2024 +34.3% +0.7% +100.4% +49.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Ouster, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Ouster, Inc.
$0 $100M $200M $300M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $69.8M Revenue (TTM), FY23 Q4: $83.3M Revenue (TTM), FY24 Q1: $92M Revenue (TTM), FY24 Q2: $99.6M Revenue (TTM), FY24 Q3: $105.5M Revenue (TTM), FY24 Q4: $111.1M Revenue (TTM), FY25 Q1: $117.8M Revenue (TTM), FY25 Q2: $125.8M Revenue (TTM), FY25 Q3: $137.3M Revenue (TTM), FY25 Q4: $169.4M Revenue (TTM), FY26 Q1: $185.3M Revenue (TTM), FY26 Q2: $204.9M $204.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $69.8M
FY23 Q4 $83.3M
FY24 Q1 $92M
FY24 Q2 $99.6M
FY24 Q3 $105.5M
FY24 Q4 $111.1M
FY25 Q1 $117.8M
FY25 Q2 $125.8M
FY25 Q3 $137.3M
FY25 Q4 $169.4M
FY26 Q1 $185.3M
FY26 Q2 $204.9M
Revenue growth, TTM YoY Ouster, Inc.
0% 50% 100% 150% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 66.4% Revenue growth, TTM YoY, FY23 Q4: 103.0% Revenue growth, TTM YoY, FY24 Q1: 85.1% Revenue growth, TTM YoY, FY24 Q2: 69.5% Revenue growth, TTM YoY, FY24 Q3: 51.1% Revenue growth, TTM YoY, FY24 Q4: 33.4% Revenue growth, TTM YoY, FY25 Q1: 28.0% Revenue growth, TTM YoY, FY25 Q2: 26.4% Revenue growth, TTM YoY, FY25 Q3: 30.2% Revenue growth, TTM YoY, FY25 Q4: 52.5% Revenue growth, TTM YoY, FY26 Q1: 57.3% Revenue growth, TTM YoY, FY26 Q2: 62.8% 62.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 66.4%
FY23 Q4 103.0%
FY24 Q1 85.1%
FY24 Q2 69.5%
FY24 Q3 51.1%
FY24 Q4 33.4%
FY25 Q1 28.0%
FY25 Q2 26.4%
FY25 Q3 30.2%
FY25 Q4 52.5%
FY26 Q1 57.3%
FY26 Q2 62.8%
Operating margin (TTM) Ouster, Inc.
-600% -400% -200% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -541.6% Operating margin (TTM), FY23 Q4: -448.1% Operating margin (TTM), FY24 Q1: -241.2% Operating margin (TTM), FY24 Q2: -124.6% Operating margin (TTM), FY24 Q3: -109.9% Operating margin (TTM), FY24 Q4: -93.8% Operating margin (TTM), FY25 Q1: -86.8% Operating margin (TTM), FY25 Q2: -82.4% Operating margin (TTM), FY25 Q3: -73.2% Operating margin (TTM), FY25 Q4: -43.7% Operating margin (TTM), FY26 Q1: -37.4% Operating margin (TTM), FY26 Q2: -30.6% -30.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -541.6%
FY23 Q4 -448.1%
FY24 Q1 -241.2%
FY24 Q2 -124.6%
FY24 Q3 -109.9%
FY24 Q4 -93.8%
FY25 Q1 -86.8%
FY25 Q2 -82.4%
FY25 Q3 -73.2%
FY25 Q4 -43.7%
FY26 Q1 -37.4%
FY26 Q2 -30.6%
FCF margin (TTM) Ouster, Inc.
-300% -200% -100% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -210.4% FCF margin (TTM), FY23 Q4: -169.2% FCF margin (TTM), FY24 Q1: -102.2% FCF margin (TTM), FY24 Q2: -81.9% FCF margin (TTM), FY24 Q3: -55.0% FCF margin (TTM), FY24 Q4: -33.7% FCF margin (TTM), FY25 Q1: -30.4% FCF margin (TTM), FY25 Q2: -12.7% FCF margin (TTM), FY25 Q3: -23.1% FCF margin (TTM), FY25 Q4: -38.3% FCF margin (TTM), FY26 Q1: -37.4% FCF margin (TTM), FY26 Q2: -40.2% -40.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -210.4%
FY23 Q4 -169.2%
FY24 Q1 -102.2%
FY24 Q2 -81.9%
FY24 Q3 -55.0%
FY24 Q4 -33.7%
FY25 Q1 -30.4%
FY25 Q2 -12.7%
FY25 Q3 -23.1%
FY25 Q4 -38.3%
FY26 Q1 -37.4%
FY26 Q2 -40.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 11 19 34 41 83 111 169 205
Gross profit −6 2 9 11 8 40 83 102
EBITDA −46 −48 −94 −136 −356 −94 −66 −53
Operating income −48 −52 −100 −145 −373 −104 −74 −63
Net income −52 −107 −94 −139 −374 −97 −60 −53
Diluted EPS −$34.95 −$29.90 −$0.35 −$3.90 −$10.10 −$2.08 −$1.07 −$0.87
Growth (year on year)
Revenue — +65.6% +77.6% +22.2% +103.0% +33.4% +52.5% +62.8%
Margins
Gross margin −52.7% 8.0% 27.1% 26.6% 10.0% 36.4% 49.3% 49.6%
EBITDA margin −405.9% −254.1% −280.6% −331.4% −427.5% −84.9% −39.1% −25.6%
Operating margin −423.8% −273.8% −297.0% −354.4% −448.1% −93.8% −43.7% −30.6%
Net margin −452.7% −564.9% −279.9% −337.7% −449.2% −87.3% −35.6% −26.0%
Free-cash-flow margin −417.8% −241.4% −224.4% −283.0% −169.2% −33.7% −38.3% −40.2%
Cash flow
Cash from operations −40 −42 −71 −111 −138 −34 −40 −54
Capital spending 7 4 4 5 3 4 25 29
Free cash flow −48 −46 −75 −116 −141 −37 −65 −82
Stock-based pay 1 12 25 33 58 40 41 38
Free cash flow after stock pay −49 −58 −101 −149 −199 −78 −106 −120
Balance sheet
Cash 17 11 183 123 51 46 67 92
Total debt 0 0 0 40 44 0 0 0
Net debt (negative = net cash) −17 −11 −183 −83 −7 −46 −67 −92
Diluted shares 1m 4m 27m 36m 37m 47m 56m 62m
Returned to shareholders
Buybacks 0 0 0 0 0 — — —
Total returned 0 0 0 0 0 — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $475m
Short-term assets $346mLonger-term assets $129m
What it owes, and who funded it · $475m
Short-term liabilities $83mLonger-term liabilities $20mShareholders' equity $371m
  • Short-term assets cover short-term liabilities $346m of assets due within a year against $83m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $346m short-term assets against $20m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Ouster, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+20.0%
year over year
R&D spending
33.4%
of revenue
Days sales outstanding
39 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic equipment & instruments
Last 12 months unless stated OUST NSSC KRNT EVLV YIBO TBCH Median
Revenue, last 12 months $205m $203m $208m $171m $155m $298m $104m
Revenue growth, last 12 months 62.8% 8.7% 2.1% 41.7% 3.6% −17.5% 9.8%
Revenue growth, 3-year average 51.6% 5.7% 61.5% 31.0% — 5.8% 7.2%
Revenue growth, latest quarter 55.9% 1.7% — 34.4% — −0.7% 16.5%
Gross margin 49.6% 59.7% 44.3% 49.9% 29.4% 37.2% 38.5%
Operating margin −30.6% 22.7% −16.6% −20.8% −7.3% 3.1% −7.3%
Operating margin, 3-year average −79.2% 25.6% −4.8% −59.4% — 3.4% −5.1%
Net margin −26.0% 21.6% −6.5% −3.0% −5.3% −1.1% −5.3%
Cash from operations / revenue −26.3% 25.7% 11.8% 16.2% −1.6% 11.4% −1.6%
Free-cash-flow margin −40.2% 24.7% 1.6% −2.5% −2.1% 10.8% −2.5%
Free-cash-flow margin, 3-year average −44.9% 25.1% 4.7% −28.2% — 7.6% 3.7%
Stock pay / revenue 18.5% 0.5% 10.5% 13.5% 5.6% 2.0% 3.0%
Change in share count 20.0% −0.8% −4.7% 12.3% 7.7% −5.4% 1.9%

Median of all 53 companies we cover in electronic equipment & instruments. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

53 electronic equipment & instruments companies
Measure Company Peer median Rank
Revenue growth Growth 62.8% 9.8% 10 of 53
Change in growth rate Growth +5.5pp +2.3pp 16 of 53
Gross margin Profitability 49.6% 39.7% 13 of 48
Operating margin Profitability -30.6% -7.3% 39 of 53
Net margin Profitability -26.0% -5.3% 36 of 53
Free-cash-flow margin Cash generation -40.2% -2.1% 39 of 52
Stock pay as % of revenue Cash generation 18.5% 3.0% 42 of 49
Change in share count Balance sheet 20.0% 1.9% 38 of 46
Days sales outstanding Balance sheet 39 days 68 days 3 of 52

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $147M 86.5% ▲ 31.9%
Royalty $22.8M 13.5% —
Geography
Region Revenue Share YoY
Americas $92.1M 54.4% ▲ 57.6%
Asia Pacific $54.2M 32.0% ▲ 168.8%
EMEA $23.1M 13.6% ▼ 29.0%

From Ouster, Inc.'s 10-K filed March 2, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.2B
Institutions reporting
326
Shares held vs prior quarter
▲ 19.4%
Positions opened / closed
130 / 29

Top buyers and sellers, Q2 2026: 224 institutions bought and 95 sold ; the biggest buyer was Price T Rowe Associates Inc (+973K shares) and the biggest seller Tao Capital Management LP (−845K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $347M 5.6M 15.7% ▲ 5.0%
Vanguard Capital Management LLC $169M 2.7M 7.6% ▲ 1.6%
State Street Corp $128M 2.1M 5.8% ▲ 25.7%
Vanguard Portfolio Management LLC $113M 1.8M 5.1% ▲ 1.8%
Geode Capital Management, LLC $103M 1.6M 4.6% ▲ 13.3%
Morgan Stanley $77.8M 1.2M 3.5% ▲ 69.7%
Price T Rowe Associates Inc $63.9M 1.0M 2.9% ▲ 2011.4%
Exchange Traded Concepts, LLC $41.8M 669K 1.9% ▲ 1184.3%
Penn Capital Management Company, LLC $41.1M 656K 1.9% ▼ 32.3%
Jpmorgan Chase & Co $39.6M 729K 1.8% ▲ 258.2%
Mirae Asset Global Etfs Holdings Ltd. $37.7M 613K 1.7% ▲ 18.6%
Legal & General Group PLC $37.6M 602K 1.7% ▲ 1225.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Ouster, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $178,006 3 trades by 1 insider, last 12 months Insider sales History → $47.4M 68 trades by 9 insiders · 97% under pre-set plans
Net ▼ $47.2M net selling
Insider Date Trade Shares Price Value
Frichtl Mark Chief Technology Officer September 14, 2026 Sell pre-set plan 18,778 $33.96 $637,701
Gianella Kenneth P. Chief Financial Officer September 14, 2026 Sell pre-set plan 15,686 $33.96 $532,697
Jacquemet Cyrille Chief Revenue Officer September 14, 2026 Sell 8,896 $33.96 $302,108
Pacala Charles Angus President and CEO September 14, 2026 Sell pre-set plan 30,385 $33.96 $1M
Spencer Darien Chief Operating Officer September 14, 2026 Sell pre-set plan 12,808 $33.96 $434,960
Chung Megan General Counsel and Secretary September 14, 2026 Sell pre-set plan 11,484 $33.96 $389,997
Gianella Kenneth P. Chief Financial Officer August 18, 2026 Sell pre-set plan 17,927 $44.65 $800,441
Gianella Kenneth P. Chief Financial Officer August 18, 2026 Sell pre-set plan 13,364 $45.52 $608,329
Gianella Kenneth P. Chief Financial Officer August 18, 2026 Sell pre-set plan 8,201 $46.40 $380,526
Gianella Kenneth P. Chief Financial Officer August 18, 2026 Sell pre-set plan 508 $47.09 $23,922
Skaggs Stephen A Director August 6, 2026 Sell pre-set plan 3,614 $45.18 $163,281
Skaggs Stephen A Director August 5, 2026 Sell pre-set plan 1,386 $46.48 $64,421

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 5, 2026
  • March 2, 2026
  • November 4, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Ouster, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Ouster, Inc. in brief

What does Ouster, Inc. do?
Ouster, Inc. is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.
What is Ouster, Inc.'s stock ticker?
Ouster, Inc. trades under the ticker OUST on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Ouster, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Ouster, Inc. reported revenue of $205M, 62.8% higher than a year earlier, according to its SEC filings.
What is Ouster, Inc.'s free cash flow?
Ouster, Inc.'s free-cash-flow margin is -40.2% of revenue over the trailing twelve months, ranking 39 of the 52 electronic equipment & instruments companies we cover.
Who are Ouster, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Ouster, Inc.'s market cap?
On November 2, 2026, Ouster, Inc.'s market capitalisation was about $1.7B and net debt of -$91.8M. Market figures come from third-party market data and may be delayed.
Who are Ouster, Inc.'s competitors?
In our Electronic Equipment & Instruments peer group, the companies closest to Ouster, Inc. are Napco Security Technologies, Inc, Kornit Digital Ltd., Evolv Technologies Holdings, Inc., Planet Image International Ltd and Turtle Beach Corp. The side-by-side comparison below sets their revenue, margins and growth against Ouster, Inc.'s.
Are insiders buying or selling Ouster, Inc. stock?
Over the last 12 months, Ouster, Inc.'s directors and officers reported 3 open-market purchases and 68 sales on Form 4. The insider trading page charts every trade.
When is Ouster, Inc.'s next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Ouster, Inc. announces its own schedule.