Ouster announced strong operating results for the first quarter of 2025, with revenue reaching $33 million, a 26% increase year-over-year. The company significantly improved its GAAP gross margin to 41% and Non-GAAP gross margin to 46%, while reducing its net loss to $22 million and Adjusted EBITDA loss to $8 million.
Achieved $33 million in revenue in Q1 2025, representing 26% year-over-year growth.
Reported a GAAP gross margin of 41% and a Non-GAAP gross margin of 46% for the quarter.
Reduced net loss to $22 million and Adjusted EBITDA loss to $8 million compared to the prior year period.
Shipped approximately 4,700 sensors for revenue during the first quarter.
For the second quarter of 2025, Ouster expects revenue to be between $32 million and $35 million.