The earnings call indicated strong financial performance with significant revenue growth and gross margin improvement, supported by strategic deals and advancements in software and AI. However, there were challenges related to increased operating expenses and broader economic uncertainties. The overall sentiment of the call leans towards positive, given the substantial highlights outweighing the lowlights.

Company Guidance -

Q2 2025

During Ouster's first quarter 2025 earnings call, the company provided guidance for the second quarter, expecting revenue between $32 million and $35 million. The first quarter results showed notable financial metrics, including a revenue of $32.6 million, a gross margin of 41%, and shipments of over 4,700 sensors. Additionally, Ouster ended the quarter with $171 million in cash and equivalents and zero debt. The company highlighted its strategic priorities for 2025, focusing on scaling its software-attached business, transforming its product portfolio, and executing towards profitability. Despite the positive gross margin performance, Ouster maintains a long-term gross margin framework of 35% to 40% and expects operating expenses to remain at or below third quarter 2023 levels, committing to 30% to 50% annual revenue growth.

Strong Revenue and Gross Margin Performance

Ouster reported Q1 2025 revenue of $32.6 million and a gross margin of 41%, including a $1.5 million patent royalty. This represents a 1,200 basis point year-over-year increase in gross margin.

Multimillion-Dollar Deals Across Verticals

Ouster secured multimillion-dollar contracts in all four verticals, including a major contract with Komatsu for autonomous mining equipment and the largest software-attached sales contract in Europe in the smart infrastructure vertical.

Expansion in Software and AI Capabilities

Ouster made significant progress in its software-attached business, including the launch of the Gemini cloud portal and a major milestone in AI development with NVIDIA for traffic management.

Strong Balance Sheet

Ouster ended the quarter with $171 million in cash and equivalents with zero debt, maintaining one of the strongest balance sheets in the industry.

Strategic Product Development

Ouster is transforming its product portfolio with new hardware, firmware, and software enhancements, aiming to double its addressable market.

Ouster (OUST) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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OUST Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 07, 2025	2025 (Q2)	-0.25 / -	-0.291	―	―	―
May 08, 2025	2025 (Q1)	-0.30 / -0.26	-0.334	22.75% (+0.08)
Mar 20, 2025	2024 (Q4)	-0.33 / -0.30	-0.68	55.44% (+0.38)
Nov 07, 2024	2024 (Q3)	-0.27 / -0.30	-0.677	55.98% (+0.38)
Aug 13, 2024	2024 (Q2)	-0.31 / -0.29	-1.012	71.25% (+0.72)
May 09, 2024	2024 (Q1)	-0.49 / -0.33	-2.22	84.95% (+1.89)
Mar 26, 2024	2023 (Q4)	-0.60 / -0.68	-1.866	63.56% (+1.19)
Nov 09, 2023	2023 (Q3)	-0.93 / -0.68	-1.534	55.87% (+0.86)
Aug 10, 2023	2023 (Q2)	-1.28 / -1.01	-1.136	10.92% (+0.12)
May 11, 2023	2023 (Q1)	-1.71 / -2.22	-1.9	-16.84% (-0.32)

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 08, 2025	$8.65	$10.62	+22.77%
Mar 20, 2025	$8.38	$11.05	+31.86%
Nov 07, 2024	$7.87	$7.99	+1.52%
Aug 13, 2024	$10.88	$7.87	-27.67%

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.