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Ouster OUST Product revenue — Total

Other product segments

Royalties
$347K-77.3%

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Other financials

Income statement

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Revenue$48.6M+48.9%
Gross profit$20.8M+54.6%
Operating income-$19.2M+19.4%
Net income-$17.5M+20.7%
EPS (diluted)-$0.28+33.3%

Balance sheet

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Cash & equivalents$18.3M-27.3%
Total debt$17.4M-8.3%
Total equity$275.6M+64.1%
Total assets$381.5M+42.0%

Cash flow

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Operating cash flow-$7.3M-49.2%
CapEx$2.6M+364%
Free cash flow-$9.8M-81.2%

Valuation

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Market cap$2.88B+139%
Enterprise value$2.87B+142%
P/S15.5×+5.3×

Profitability

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Gross margin49%+9.5pp
Operating margin-37.9%-13.7pp
Net margin-32.3%-12.1pp
FCF margin-37.4%+11.2pp

Returns & leverage

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Return on equity-27%-9.3pp
Debt / equity0.1×0.0×
Current ratio+0.4×

Where this comes from

Reported directly by Ouster in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Ouster’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ouster's product revenue — total?
Ouster (OUST) reported product revenue — total of $48.23M in Q1 2026.
How has Ouster's product revenue — total changed year-over-year?
Ouster's product revenue — total increased by 55.1% year-over-year, from $31.11M to $48.23M.
What is the long-term trend for Ouster's product revenue — total?
Over 3 years (2021 to 2024), Ouster's product revenue — total has grown at a 48.8% compound annual growth rate (CAGR), from $33.7M to $111.1M.
What does product revenue — total mean?
This metric represents the total gross revenue generated from the sale of hardware lidar sensors and related physical products. It serves as a primary indicator of the company's ability to scale its core manufacturing operations and capture market demand across automotive, industrial, and robotics sectors. Tracking this figure helps investors assess the commercial adoption of the company's sensor technology independent of software or service-based revenue streams.