The Inventing Press

Ouster, Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$169.4M$111.1M$83.3M$41.0M$33.6M
Cost of revenue$85.9M$70.6M$75.0M$30.1M$24.5M
Gross profit$83.4M$40.5M$8.3M$10.9M$9.1M
Research and development$65.2M$58.1M$91.2M$64.3M$34.6M
Operating expenses$157.4M$144.6M$381.5M$156.4M$108.8M
Operating income-$74.0M-$104.2M-$373.2M-$145.4M-$99.7M
Interest expense$0$1.8M$9.3M$2.7M$504,000
Pretax income-$63.3M-$96.5M-$373.6M-$138.3M-$96.8M
Income tax expense-$2.9M$537,000$523,000$305,000-$2.8M
Net income-$60.4M-$97.0M-$374.1M-$138.6M-$94.0M
Balance Sheet
Cash and equivalents$67.4M$45.5M$51.0M$122.9M$182.6M
Current assets$278.9M$219.9M$263.2M$162.5M$207.4M
Total assets$349.5M$276.1M$330.7M$256.1M$307.7M
Current liabilities$71.0M$78.4M$81.7M$29.5M$22.1M
Total liabilities$87.8M$95.2M$151.1M$84.5M$47.0M
Total debt$40.0M
Stockholders' equity$261.7M$180.9M$179.7M$171.6M$260.7M
Cash Flow Statement
Cash from operations-$40.0M-$33.7M-$137.9M-$110.7M-$71.1M
Depreciation and amortization$7.8M$9.8M$17.1M$9.5M$5.5M
Stock-based compensation$40.8M$40.5M$57.7M$33.3M$25.4M
Capital expenditure$24.9M$3.8M$3.0M$5.4M$4.3M
Free cash flow-$64.8M-$37.5M-$140.9M-$116.1M-$75.3M
Share repurchases$0$45,000$45,000
Impairments$0$166.7M$0

Shares outstanding 63.7M · Free float 62.6%

Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.