Filing Flows › Ouster (OUST) › Q2 2026
Ouster (OUST) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Ouster (OUST) reported revenue of $54.6M for the second quarter 2026 (Q2 2026), +56% from a year earlier and +12% from the quarter before. Operating margin was -36.7%, net loss $18.1M (33.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.6M | +12% | +56% |
| Operating profit | −$20.0M | — | — |
| Net earnings | −$18.1M | — | — |
| Operating cash flow | −$12.8M | — | — |
What changed
Revenue was $54.6M in Q2 2026, up 56% year over year and up 12% from the previous quarter. Product revenue was the largest line at 97% of revenue. Product revenue added $17.7M year over year (up 51%), 91% of the total change.
Gross margin was 48.9%, up 3.7 points from Q2 2025. Operating costs exceeded revenue by $20.0M, an operating margin of -36.7%. Operating expenses grew 10% against revenue growth of 56%. The fastest-growing cost line was Sales & marketing (+32%). The quarter ended with a net loss of $18.1M, wider than the previous quarter's $17.5M loss.
Operating cash flow was −$12.8M. Non-cash charges added back $3.2M of depreciation and amortization and $11.4M of share-based compensation. Working capital and other items used $9.3M. Capital expenditures of $2.6M exceeded it, leaving free cash flow of −$15.4M.
Questions
What was Ouster's revenue in the second quarter 2026?
Ouster (OUST) reported revenue of $54.6M for the second quarter 2026 (Q2 2026), +56% from a year earlier and +12% from the quarter before.
Was Ouster profitable in the second quarter 2026?
Operating loss was $20.0M (-36.7% of revenue) and net loss $18.1M.
Source: Ouster 10-Q on SEC EDGAR.