Q2 2026 Ouster, Inc. Earnings Call Transcript

Aug 6, 2026 / 09:00 PM GMT

Transcript 10-Q8-K

Key Points

Positve

Record Q2 2026 revenue of $55 million, up 56% year-over-year, with over 17,000 sensors shipped, marking the 14th consecutive quarter of product revenue growth.
Successful launch of Rev8, the world's first native color LiDAR, generating immediate customer traction with multiple million-dollar-plus orders from major industry players.
Strategic acquisition of Stereo Labs is delivering value, with the ZX Nano launch being the most successful in its history and expanding Ouster Inc (OUST)'s reach into robotics and industrial markets.
Strengthened balance sheet with $263 million in cash and no debt, plus an additional $191 million raised in July 2026, providing full funding for the current business plan and strategic flexibility.
Expanded smart infrastructure business with major deployments for the 2026 FIFA World Cup and a significant order from the Utah Department of Transportation, positioning Ouster Inc (OUST) as a leader in this vertical.
Deepened partnership with NVIDIA, bringing Rev8 to the NVIDIA Drive and Jetson platforms, enhancing the company's ecosystem for physical AI applications.

Negative

Adjusted EBITDA remains negative at -$4 million in Q2 2026, indicating ongoing losses despite revenue growth.
Gross margin was positively impacted by a one-time refund of approximately 1,000 basis points, and management expects normalized gross margins to fall back to the 35-40% range, suggesting current levels are not sustainable.
Operating expenses increased 10% year-over-year to $47 million, driven by integration costs and new product launches, with expectations of further 5-8% growth in Q3 2026.
The company is facing production capacity constraints, particularly for Rev8 and Stereo Labs cameras, which may limit near-term revenue growth and require significant investment to scale.
Rev8 revenue contribution in Q2 was minimal (only prototype sales), and the full production ramp is not expected until the end of Q3, creating uncertainty about near-term revenue acceleration.
The company raised significant capital through ATM and common stock offerings, which could dilute existing shareholders, and management does not expect to need additional capital, but this may signal a need for funding to support growth.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

OUST.OQ - Ouster, Inc.
Q2 2026 Ouster, Inc. Earnings Call
Aug 06, 2026 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello and welcome to Alster's second quarter 2026 earnings conference call.

All lines have been placed on mute to prevent any background noise. After today's presentation and remarks, there will be an opportunity to ask questions. If you would like to ask a question during this time, simply press followed by the number 11 on your telephone keypad. If you would like to withdraw your question, press *11 again.

The call today is being recorded, and a replay of the call will be available on the Ouster Investor Relations website an hour after the completion of this call.

I'd now like to turn the conference over to Chin Gin, Senior Vice President and Strategic Finance Treasurer.

Please go ahead.

-------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.