Filing Flows › Ouster (OUST) › Q4 2025
Ouster (OUST) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 2, 2026
Ouster (OUST) reported revenue of $62.2M for the fourth quarter 2025 (Q4 2025), +107% from a year earlier and +57% from the quarter before. Operating margin was 1.5%, net earnings $4.0M (6.4% of revenue).
Ouster, Q4 2025: revenue $62.2M (+107% year over year), operating margin 1.5%, net earnings $4.0M, operating cash flow −$15.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $62.2M | +57% | +107% |
| Gross profit | $37.5M | +125% | +184% |
| Operating profit | $904K | — | — |
| Net earnings | $4.0M | — | — |
| Operating cash flow | −$15.4M | — | — |
What changed
Revenue was $62.2M in Q4 2025, up 107% year over year and up 57% from the previous quarter.
Gross margin was 60.2%, up 16.4 points from a year earlier. Operating profit was $904K, a 1.5% margin (up 86.5 points year over year). Operating expenses fell 6% while revenue rose 107%. Net earnings were $4.0M. The effective tax rate was 9.4%. Non-operating items added $3.5M, 79% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$15.4M. Non-cash charges added back $2.1M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items used $28.8M. Capital expenditures of $21.8M exceeded it, leaving free cash flow of −$37.2M.
Questions
What was Ouster's revenue in the fourth quarter 2025?
Ouster (OUST) reported revenue of $62.2M for the fourth quarter 2025 (Q4 2025), +107% from a year earlier and +57% from the quarter before.
Was Ouster profitable in the fourth quarter 2025?
Operating profit was $904K (1.5% of revenue) and net earnings $4.0M.
Source: Ouster 10-K on SEC EDGAR.