Lidar maker Ouster's Q3 revenue rises 50% on robotics demand
OUST•Ouster's third-quarter revenue rose 50% year over year to a record $59 million, driven by industrial and robotics demand. The company reported a $14.16 million net loss and expects fourth-quarter revenue of $61 million to $64 million.
1. Revenue and shipments
Ouster said third-quarter revenue rose 50% year over year to a record $59 million. It shipped more than 27,000 sensors, with growth led by industrial and robotics demand, including warehouse automation and data collection. Its GAAP net loss was $14.16 million, while its adjusted EBITDA loss improved year over year.
2. Fourth-quarter outlook
Ouster expects fourth-quarter 2026 revenue of $61 million to $64 million. The company expects delivery cadence to accelerate into 2027 as production of its Rev8 lidar ramps.
3. Product demand
Record shipments of Stereolabs cameras contributed to quarterly growth, CEO Angus Pacala said. He also said the Rev8 color lidar had received a strong market response, with hundreds of customers adopting it for critical applications.
