Filing Flows › Ouster (OUST) › Q2 2026 › vs Q2 2025
Ouster (OUST) Q2 2026 vs Q2 2025 (year over year)
Ouster's revenue rose $19.6M (+56%) from $35.0M in Q2 2025 to $54.6M in Q2 2026. The biggest changes: Product revenue +$17.7M (+51%); Royalties +$1.9M (—).
Ouster, Q2 2026: revenue $54.6M (+56% year over year), operating margin -36.7%, net loss $18.1M, operating cash flow −$12.8M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product revenue | $52.8M | $35.0M | $17.7M | +51% |
| Royalties | $1.9M | $0 | $1.9M | — |
| Revenue | $54.6M | $35.0M | $19.6M | +56% |
| Other income, net | $2.1M | $2.6M | −$538K | -21% |
| Net loss | $18.1M | $20.6M | −$2.5M | -12% |
| Costs & expenses | $74.8M | $61.9M | $12.9M | +21% |
| Operating costs | $74.7M | $61.9M | $12.8M | +21% |
| Income tax | $125K | −$3.6M | $3.7M | — |
| Cost of revenue | $27.9M | $19.2M | $8.7M | +45% |
| Research & development | $19.3M | $17.1M | $2.2M | +13% |
| Sales & marketing | $9.2M | $7.0M | $2.2M | +32% |
| General & admin | $18.2M | $18.5M | −$336K | -2% |
| Operating cash sources | $27.4M | $16.4M | $11.0M | +67% |
| Depreciation & amortization | $3.2M | $1.9M | $1.4M | +74% |
| Share-based compensation | $11.4M | $13.2M | −$1.8M | -14% |
| Cash used in operations | $12.8M | $1.3M | $11.4M | +875% |
| Net loss absorbed | $18.1M | $20.6M | −$2.5M | -12% |
| Working capital & other | $9.3M | −$4.2M | $13.5M | — |
Questions
How much did Ouster's revenue grow year over year in Q2 2026?
Ouster's revenue rose $19.6M (+56%) from $35.0M in Q2 2025 to $54.6M in Q2 2026.
What drove Ouster's revenue change in Q2 2026?
Product revenue +$17.7M (+51%); Royalties +$1.9M (—).