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OUST (Ouster) Operating Income : $-104.2 Mil (TTM As of Dec. 2024)


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What is Ouster Operating Income?

Ouster's Operating Income for the three months ended in Dec. 2024 was $-25.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-104.2 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ouster's Operating Income for the three months ended in Dec. 2024 was $-25.6 Mil. Ouster's Revenue for the three months ended in Dec. 2024 was $30.1 Mil. Therefore, Ouster's Operating Margin % for the quarter that ended in Dec. 2024 was -85.07%.

Good Sign:

Ouster Inc operating margin is expanding. Margin expansion is usually a good sign.

Ouster's 5-Year average Growth Rate for Operating Margin % was 19.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ouster's annualized ROC % for the quarter that ended in Dec. 2024 was -93.34%. Ouster's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -382.98%.


Ouster Operating Income Historical Data

The historical data trend for Ouster's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ouster Operating Income Chart

Ouster Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial -51.76 -99.71 -145.42 -206.52 -104.18

Ouster Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -37.31 -25.82 -25.25 -27.51 -25.60

Ouster Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-104.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ouster  (NAS:OUST) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ouster's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-102.392 * ( 1 - -1.37% )/( (104.68 + 117.726)/ 2 )
=-103.7947704/111.203
=-93.34 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=255.226 - 14.519 - ( 151.433 - max(0, 64.134 - 200.161+151.433))
=104.68

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=276.148 - 16.996 - ( 172.022 - max(0, 78.426 - 219.852+172.022))
=117.726

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Ouster's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-93.668/( ( (24.443 + max(-10.352, 0)) + (24.472 + max(-28.282, 0)) )/ 2 )
=-93.668/( ( 24.443 + 24.472 )/ 2 )
=-93.668/24.4575
=-382.98 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.412 + 18.625 + 9.501) - (14.519 + 26.712 + 15.659)
=-10.352

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.941 + 16.417 + 8.59) - (16.996 + 38.719 + 15.515)
=-28.282

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Ouster's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-25.598/30.092
=-85.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ouster Operating Income Related Terms

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Ouster Business Description

Traded in Other Exchanges
N/A
Address
350 Treat Avenue, San Francisco, CA, USA, 94110
Ouster Inc is a provider of lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries. Ouster's products include high-resolution scanning and solid-state digital lidar sensors, Velodyne Lidar sensors, and software solutions. The company operates in the Americas, Asia and Pacific, Europe, Middle East, and Africa regions. It derives maximum revenue from Americas.
Executives
Darien Spencer officer: EVP of Global Operations P O BOX 1767, 44091 NOBEL DRIVE, FREMONT CA 94538
Megan Chung officer: General Counsel C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Charles Angus Pacala director, officer: President and CEO C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Mark Weinswig officer: Chief Financial Officer EMCORE CORP, 10420 RESEARCH ROAD, SE, ALBUQUERQUE NM 87123
Mark Frichtl officer: Chief Technology Officer C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Ernest E Maddock director LAM RESEARCH, 4650 CUSHING PARKWAY, FREMONT CA 94538
Virginia Boulet director 909 POYDRAS ST SUITE 3600, NEW ORLEANS LA 70112
Susan Heystee director, officer: Interim Chief Revenue Officer 404 WYMAN STREET, SUITE 500, WALTHAM MA 02451
Nathan Dickerman officer: PRESIDENT OF FIELD OPERATIONS C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Krishna Kantheti 10 percent owner C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Tewksbury Ted L Iii director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Riaz Valani director C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Kristin Slanina director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Anna Brunelle officer: Chief Financial Officer TIVO INC., 2160 GOLD STREET, ALVISO CA 95002
Adam Dolinko officer: SEE REMARKS OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110