Ouster Inc
NYSE:OUST
Ouster Inc
Ouster, Inc. engages in the provision of high resolution digital lidar sensors that offer advanced 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. The company is headquartered in San Francisco, California and currently employs 278 full-time employees. The company went IPO on 2020-10-09. The firm designs and manufactures digital lidar sensors for the automotive, industrial automation, smart infrastructure, and robotics. The company offers two digital lidar product lines, which include OS scanning sensors and DF true solid-state flash sensors. Its OS product line, which is based on its fourth generation L2X SoC, which is available in three different models, such as OS0, OS1, and OS2. Its OS0 is an ultra-wide view lidar sensor. Its OS1 is a mid-range lidar sensor. Its OS2 is a long-range lidar sensor. The DF series is a suite of short, mid, and long-range solid-state digital lidar sensors. The DF series is designed to meet automaker requirements for advanced driver assistance systems (ADAS) and automated driving. The company supplies automotive parts to original equipment manufacturers (OEMs).
Ouster, Inc. engages in the provision of high resolution digital lidar sensors that offer advanced 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. The company is headquartered in San Francisco, California and currently employs 278 full-time employees. The company went IPO on 2020-10-09. The firm designs and manufactures digital lidar sensors for the automotive, industrial automation, smart infrastructure, and robotics. The company offers two digital lidar product lines, which include OS scanning sensors and DF true solid-state flash sensors. Its OS product line, which is based on its fourth generation L2X SoC, which is available in three different models, such as OS0, OS1, and OS2. Its OS0 is an ultra-wide view lidar sensor. Its OS1 is a mid-range lidar sensor. Its OS2 is a long-range lidar sensor. The DF series is a suite of short, mid, and long-range solid-state digital lidar sensors. The DF series is designed to meet automaker requirements for advanced driver assistance systems (ADAS) and automated driving. The company supplies automotive parts to original equipment manufacturers (OEMs).
Record Revenue: Ouster reported all-time high Q3 revenue of $39.5 million, marking the 11th consecutive quarter of growth and a 41% year-over-year increase.
Strong Margins: Gross margin reached 42%, up 4 points from last year, remaining above the company’s long-term target range.
Sensor Shipments: Over 7,200 sensors shipped, setting a new quarterly record and reflecting robust demand across verticals.
Cash Position: Ended the quarter with $247 million in cash and equivalents and no debt, reinforcing a strong financial foundation.
Positive Outlook: Q4 revenue guidance set at $39.5 million to $42.5 million.
Software & Partnerships: Progressed strategic priorities including software-attached solutions and expanded partnerships, notably in traffic infrastructure and security.
Production Scale: Only a small fraction of Ouster’s 1,000+ customers are in full-scale production, suggesting significant future growth potential.
AI & Product Roadmap: Continued major investments in AI perception and next-gen silicon, with expectations to more than double the addressable market.
