Ouster's third quarter revenue of $59.3M beat estimates by 22% with record sensor shipments

Ouster delivered record third quarter 2026 results, significantly outperforming analyst expectations for both top-line growth and loss containment. The company achieved its 15th consecutive quarter of growth, driven by a surge in demand for its integrated sensing platform and a record quarter for Stereolabs camera shipments following recent capacity expansions.

Key Highlights

• Total revenue reached $59.3 million, a 50% year-over-year increase that comfortably exceeded the consensus estimate of $48.2 million.
• Non-GAAP gross margin reached 47%, outperforming the analyst target of 42.5% and maintaining the upper end of the company's long-term target range.
• Total sensor shipments surpassed 27,000 units, of which approximately 73% were Stereolabs cameras, highlighting the company's pivot toward a diversified robotics and Physical AI platform.
• GAAP net loss narrowed to $14.2 million, or $0.20 per share, an improvement from the $21.7 million loss in the same period last year.