Filing Flows › Ouster (OUST) › Q2 2025
Ouster (OUST) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
Ouster (OUST) reported revenue of $35.0M for the second quarter 2025 (Q2 2025), +30% from a year earlier and +7% from the quarter before. Operating margin was -76.5%, net loss $20.6M (58.8% of revenue).
Ouster, Q2 2025: revenue $35.0M (+30% year over year), operating margin -76.5%, net loss $20.6M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.0M | +7% | +30% |
| Operating profit | −$26.8M | — | — |
| Net earnings | −$20.6M | — | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $35.0M in Q2 2025, up 30% year over year and up 7% from the previous quarter.
Gross margin was 45.2%, up 11.5 points from a year earlier. Operating costs exceeded revenue by $26.8M, an operating margin of -76.5%. Operating expenses grew 24% against revenue growth of 30%. The fastest-growing cost line was General & admin (+41%). The quarter ended with a net loss of $20.6M, narrower than the previous quarter's $22.0M loss.
Operating cash flow was −$1.3M. Non-cash charges added back $1.9M of depreciation and amortization and $13.2M of share-based compensation. Working capital and other items added $4.2M. Capital expenditures of $889K exceeded it, leaving free cash flow of −$2.2M.
Questions
What was Ouster's revenue in the second quarter 2025?
Ouster (OUST) reported revenue of $35.0M for the second quarter 2025 (Q2 2025), +30% from a year earlier and +7% from the quarter before.
Was Ouster profitable in the second quarter 2025?
Operating loss was $26.8M (-76.5% of revenue) and net loss $20.6M.
Source: Ouster 10-Q on SEC EDGAR.