Ouster Q2 Revenue Jumps 56% to $55M, Gross Margin Hits 49%
OUST has more than doubled off its 52-week low of $16.4.
Summary
Ouster reported Q2 2026 revenue of $55M (+56% YoY), GAAP gross margin of 49%, and guided Q3 revenue to $54.5–$57.5M. Strong execution and product momentum support the growth narrative.
Key Events · Earnings and Guidance · OUST
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Revenue Surges 56% YoY
Q2 2026 revenue reached $55 million, up 56% year-over-year and 12% sequentially, driven by industrial and smart infrastructure demand.
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Gross Margin Expands to 49%
GAAP gross margin improved 400 basis points year-over-year to 49%, while non-GAAP gross margin reached 53%, reflecting volume growth and operating efficiencies.
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Adjusted EBITDA Loss Narrows
Adjusted EBITDA loss improved to $4 million from $5.5 million a year ago, moving closer to breakeven.
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Strong Cash Position
Cash, equivalents, and short-term investments totaled $263 million as of June 30, 2026, providing significant financial flexibility.
Analysis · OUST · Technology
A standout second quarter saw revenue climb 56% year-over-year to $55 million, fueled by robust demand in industrial and smart infrastructure verticals. GAAP gross margin expanded 400 basis points to 49%, while the adjusted EBITDA loss narrowed to $4 million. With $263 million in cash at quarter-end, the company has ample runway. Third-quarter guidance of $54.5–$57.5 million signals continued momentum. Together with the recent Rev8 product launch and Stereolabs acquisition, these results strengthen Ouster's foothold in the Physical AI sensing market.
At the time of this filing, OUST was trading at $41.90 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $16.40 to $63.79. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.