Ouster Posts $62M Q4 Revenue and Record 8,100 Sensor Shipments
Ouster posted Q4 2025 revenue of $62 million, 60% GAAP gross margin and record 8,100 sensor shipments, achieving $11 million adjusted EBITDA while holding $211 million cash with no debt. It guides Q1 2026 revenue of $45–48 million and maintains a 30–50% annual growth target.
1. Q4 2025 Financial Performance
Ouster’s Q4 2025 revenue reached $62 million, driven by $41 million in product sales and a quarterly record of more than 8,100 sensors shipped; software attached bookings more than doubled to represent over 15% of sensor volume.
2. Profitability and Balance Sheet Strength
The company achieved a 60% GAAP gross margin and generated $11 million of adjusted EBITDA in the quarter, finishing with $211 million of cash and investments and zero debt.
3. Q1 2026 Guidance and Growth Targets
Management expects Q1 2026 revenue between $45 million and $48 million, targets long-term annual growth of 30% to 50% and aims to sustain GAAP gross margins of 35% to 40%.
4. Stereo Labs Acquisition and Outlook
The acquisition of Stereo Labs is projected to accelerate AI model iteration and enhance perception capabilities, though integration complexity and defense sector development delays pose operational challenges.