Ouster (OUST) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Ouster

NasdaqGS•Technology•Electronic Components

$33.99+1.20(0.04%)Pre-market

Market Cap

$2.31B

P/S

11.3x

P/B

6.2x

Ouster, Inc. engages in the production and sale of lidar sensor kits for the automotive, industrial, robotics, and smart infrastructure industries in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers the Outer Sensor (OS) product line, including OSDome that provides a hemispheric field of view; OS0 for wide view; OS1, for mid-range view; and OS2 for long-range view. It also provides the DF series, a suite of short, mid, and long-range solid-state digital lidar sensors for advanced driver assistance systems (ADAS) and autonomous driving systems; Velodyne that offers surround-view lidar sensors comprising VLP-16, VLP-16 Lite, VLP-16 Hi-Res, VLP-32, and VLS-128; Ouster Gemini, a perception platform designed for smart infrastructure deployments; and BlueCity, a Gemini-powered solution for traffic operations, planning, and safety. In addition, the company offers ZED, a high-performance camera that provides 2D and 3D color data, as well as AI Compute. Further, it is developing solid-state digital flash sensors, a suite of short, mid, and long-range solid-state digital lidar sensors that provide uniform precision imaging without motion blur across an entire field of view. Ouster, Inc. was founded in 2015 and is headquartered in San Francisco, California.

How this company scores

AverageMetricSide Score: 52/100

Strongest: Growth (20/25); weakest: Cash & Earnings Quality (2/25).

Profitability15/25

Growth20/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality2/25

Strengths

Growing revenueInterest easily coveredProfit converts from growthConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 11.3x5y range 2.7x – 23.8x

Currently above its 16-quarter median.

P/B · 6.2x5y range 0.5x – 6.5x

Currently above its 17-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $2.31B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $204.91M
Q. Revenue: $54.63M
TTM EBITDA: $-52.54M
TTM Op. Income: $-62.60M
Q. Op. Income: $-20.05M
TTM Net Income: $-53.33M
Q. Net Income: $-18.11M
EPS: $-0.27
Shares Out.: $65.99M

$204.91M in TTM revenue grew 62.8% YoY, reaching $54.63M last quarter. TTM EBITDA of $-52.54M and TTM operating income of $-62.60M show growth is flowing through to the bottom line. However, net income is negative at $53.33M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 48.9%
EBITDA Margin: -30.8%
Op. Margin: -36.7%
Net Margin: -33.2%

Op. margin of -36.7% is up 39.8% YoY — cost efficiency is improving. Net margin at -33.2% and gross margin of 48.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 52% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 11.3x
P/B Ratio: 6.2x

P/S of 11.3x and P/B of 6.2x. P/S is high, meaning growth expectations are priced in.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $474.82M
Cash: $91.76M
Long-Term Debt: N/A
Book Value: $371.31M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-12.76M
TTM Free Cash Flow: $-82.47M
FCF Margin: -40.2%
FCF / Net Income: 1.5

TTM FCF of $-82.47M on $-12.76M in operating cash flow. The FCF / Net Income ratio of 1.5x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 4 consecutive quarters — a weakening trend.