Ouster Announces Results for Third Quarter 2026
Business Wire•03/11/2026•16:05 ET
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Key Highlights
- ➤Revenue $59 million, up 50% year over year and 9% sequentially
- ➤Shipped more than 27,000 lidar and camera sensors; lidar comprised approximately 27%
- ➤GAAP gross margin 43%, down 600 basis points sequentially
- ➤GAAP net loss $14 million, improving $8 million year over year
- ➤Fourth-quarter revenue outlook $61 million to $64 million
Expert Statements
Angus Pacala, CEO of Ouster
“We delivered a strong third quarter, with $59 million in revenue and more than 27,000 total sensors shipped, cementing Ouster’s evolution into a comprehensive platform that meets the diverse, global demands of Physical AI. Our Stereolabs cameras had a record quarter of shipments, unlocked by our investments in capacity to meet surging growth in the robotics sector. The market reception for Rev8 has been decisive. As the world’s first native color lidar, Rev8 is a paradigm shift that is proving to be an undeniable competitive differentiator. Hundreds of customers have already chosen Rev8 for their mission critical applications. Customer demand has been robust while we ramp initial production, and we expect our delivery cadence to accelerate into 2027. The breakout performance of Stereolabs proves our vision of a unified platform is exactly what the market demands. From farms and distribution centers to last mile delivery, the world’s most innovative companies are choosing Ouster. We provide the complete stack of lidar, vision, compute, and software required to bring Physical AI into the real world.”
Record product revenue, achieving 15th straight quarter of growth
Ouster, Inc. (Nasdaq: OUST) (“Ouster” or the “Company”), a leader in sensing and perception for Physical AI, announced financial results for the three months ended September 30, 2026.
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