Ouster, Inc. (OUST)
NASDAQ:OUST
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.11Last Year’s EPS
-0.14Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong commercial momentum: record shipments and product revenue, robust gross margins, successful integration of the Stereolabs acquisition, and a major product milestone with Rev8 that is already shipping and showing broad customer interest. Key financials (adjusted EBITDA loss, higher operating expenses, and limited near-term royalty revenue) remain areas of focus, but management provided concrete near-term guidance and reiterated a multi-year path to profitability supported by a strong balance sheet ($175M cash, no debt). Overall, positives (growth, product innovation, customer traction, healthy liquidity) substantially outweigh the near-term operating and execution challenges.Company Guidance
Record Product Revenue & Shipments
Revenue of $49.0M in Q1 2026, a 49% year-over-year increase; 13th consecutive quarter of product revenue growth. Shipped over 12,600 sensors in the quarter (record), including a quarterly record of ~8,300 lidar units and ~4,300 camera sensors.
Strong Gross Margin and Improved Adjusted EBITDA
GAAP gross margin of 43%, up ~200 basis points year-over-year. Adjusted EBITDA loss improved to negative $7M in Q1 2026 vs negative $8M in Q1 2025 (excludes acquisition/integration charges).
Healthy Balance Sheet
Ended the quarter with $175M in cash, cash equivalents, restricted cash and short-term investments and no debt, providing strategic and financial flexibility.
Launch and Early Shipping of Rev8 (Native Color Lidar)
Introduced Rev8 — world's first native color lidar — and began shipping. Key technical highlights: L4 silicon (128- and 256-channel variants), OS1 Max flagship with 256 channels and up to 500m range, 48-bit color depth and 116 dB dynamic range. Early customer adoption from dozens of major customers (e.g., Google, Volvo Autonomous Solutions, Skydio, PlusAI).
Acquisition of Stereolabs Accelerating Product Portfolio
February acquisition of Stereolabs contributing to commercial momentum; Q1 results included ~7 weeks of Stereolabs revenue. New camera product (ZED X Nano) shipping; combined platform benefits noted (multi-sensor fusion, neural depth models). Company cited proprietary perception model trained on over 4 million labeled objects and reported millions in revenue from a significant Gemini customer renewal across ~550 sites.
Smart Infrastructure and Industrial Wins
Smart Infrastructure was the largest revenue contributor in Q1. Secured large million-dollar ITS deals across Arizona, Michigan and the Northeast and expanded BlueCity deployments with the Georgia DOT (more than 30 intersections) in preparation for FIFA events. BlueCity reported over 700 contracted site deployments. Industrial vertical showed strong growth with large port automation and DoD-supported heavy equipment retrofit deals.
Clear Financial Targets & Near-Term Guidance
Q2 2026 revenue guidance of $49.5M to $52.5M. Reiterated long-term financial framework: revenue growth of 30%–50%, GAAP gross margins of 35%–40%, and GAAP operating expense growth of 5%–8% vs 2025 levels. Management articulated a path toward positive operating free cash flow / profitability (targeting progress into 2027).
OUST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OUST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $28.60 | $29.39 | +2.78% |
Mar 02, 2026 | $20.25 | $21.72 | +7.26% |
Nov 04, 2025 | $27.68 | $25.87 | -6.54% |
Aug 07, 2025 | $23.10 | $25.80 | +11.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ouster, Inc. (OUST) report earnings?
Ouster, Inc. (OUST) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Ouster, Inc. (OUST) earnings time?
Ouster, Inc. (OUST) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OUST EPS forecast?
OUST EPS forecast for the fiscal quarter 2026 (Q2) is -0.11.
