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Ouster OUST Return on invested capital

Return on invested capital at other companies

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9.6%+2.1pp
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AmbarellaAMBA
-16.2%-4.5pp
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Lattice SemiconductorLSCC
3%
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CoherentCOHR
2.7%+2.1pp
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PDF SolutionsPDFS
3.1%+3.0pp
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DynatraceDT
7.9%-4.1pp

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

Calculated from Ouster’s reported figures.

Based on trailing twelve months.

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 return on invested capital?
Ouster (OUST) reported return on invested capital of -32.2% in Q1 2026.
How has Ouster's return on invested capital changed year-over-year?
Ouster's return on invested capital increased by 41.5% year-over-year, from -55.1% to -32.2%.
What is the long-term trend for Ouster's return on invested capital?
Over 3 years (2022 to 2025), Ouster's return on invested capital has grown at a -16.7% compound annual growth rate (CAGR), from -58.1% to -33.6%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.