← Ouster, Inc.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current assets: | |||||||
| Cash and Cash Equivalents, at Carrying Value | $698k | $182.6m | $122.9m | $51.0m | $45.5m | $67.4m | |
| Prepaid Expense and Other Assets, Current | — | $5.6m | $8.5m | $34.6m | $12.8m | $17.5m | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | $122.9m | $191.8m | $174.6m | $211.2m | |
| Short-term Investments | — | — | $0 | $139.2m | $126.5m | $141.2m | |
| Restricted cash, current | $276k | $977k | $257k | $552k | $722k | $1.5m | |
| Accounts receivable, net | $2.3m | $10.7m | $11.2m | $14.6m | $17.9m | $27.8m | |
| Prepaid expenses and other current assets | $2.4m | $5.6m | $8.5m | $34.6m | $12.8m | $17.5m | |
| Unbilled receivable, non-current portion | — | — | $0 | $10.6m | $10.1m | $8.6m | |
| Restricted cash, non-current | $1.0m | $1.0m | $1.1m | $1.1m | $1.8m | $1.1m | |
| Allowance For Doubtful Accounts Receivable | — | — | ($853k) | ($1.1m) | ($753k) | ($470k) | |
| Cash Equivalents | — | — | $121.1m | $10.3m | $24.7m | $54.5m | |
| Gross Accounts Receivable | — | — | $12.1m | $15.7m | $18.7m | $28.2m | |
| Other Current Assets | — | — | $2.1m | $3.2m | $1.3m | $3.6m | |
| Other Receivables | — | — | $2.5m | $25.4m | $4.9m | $3.5m | |
| Other Short Term Investments | — | — | $0 | $139.2m | $126.5m | $141.2m | |
| Prepaid Assets | — | — | $3.9m | $6.0m | $6.6m | $7.4m | |
| Taxes Receivable | — | — | — | — | $0 | $3.0m | |
| Inventory, Net | $4.8m | $7.4m | $19.5m | $23.2m | $16.4m | $23.6m | |
| Assets, Current | $1.0m | $207.4m | $162.5m | $263.2m | $219.9m | $278.9m | |
| Total current assets | $1.0m | $207.4m | $162.5m | $263.2m | $219.9m | $278.9m | |
| Property, Plant and Equipment, Net | $9.7m | $10.1m | $9.7m | $10.2m | $10.2m | $31.9m | |
| Goodwill | — | $51.1m | $51.2m | $0 | — | — | |
| Intangible Assets, Net (Excluding Goodwill) | $0 | $22.7m | $18.2m | $24.4m | $17.8m | $13.3m | |
| Goodwill And Other Intangible Assets | — | — | $69.3m | $24.4m | $17.8m | $13.3m | |
| Operating Lease, Right-of-Use Asset | $11.1m | $15.2m | $13.0m | $18.6m | $14.3m | $13.5m | |
| Other Assets, Noncurrent | — | $371k | $541k | $2.7m | $2.0m | $2.3m | |
| Additional Financial Items | |||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | — | $10.7m | $11.2m | $14.6m | $17.9m | $27.8m | |
| Accrued Liabilities, Current | $2.3m | $14.2m | $17.5m | $58.2m | $30.6m | $26.2m | |
| Other non-current assets | $3.4m | $371k | $541k | $2.7m | $2.0m | $2.3m | |
| Accrued and other current liabilities | $2.3m | $14.2m | $17.5m | $58.2m | $30.6m | $26.2m | |
| Contract liabilities, current | — | — | $402k | $12.9m | $34.4m | $20.7m | |
| Contract liabilities, non-current portion | — | — | $342k | $5.0m | $2.5m | $3.1m | |
| Other non-current liabilities | $978k | $1.1m | $1.9m | $1.6m | $1.2m | $703k | |
| Accumulated Depreciation | — | — | ($13.2m) | ($23.4m) | ($20.0m) | ($16.7m) | |
| Buildings And Improvements | — | — | — | — | $0 | $9.5m | |
| Capital Lease Obligations | — | — | $16.6m | $25.9m | $20.2m | $17.1m | |
| Cash Financial | — | — | $1.8m | $40.6m | $20.8m | $12.9m | |
| Construction In Progress | — | — | $3.4m | $3.6m | $6.3m | $7.3m | |
| Current Accrued Expenses | — | — | $0 | $28.4m | $8.5m | $2.1m | |
| Current Capital Lease Obligation | — | — | $3.2m | $7.1m | $7.2m | $4.1m | |
| Current Debt And Capital Lease Obligation | — | — | $3.2m | $7.1m | $7.2m | $4.1m | |
| Current Deferred Liabilities | — | — | $11.1m | $25.9m | $38.7m | $28.6m | |
| Derivative Product Liabilities | — | $7.6m | $180k | — | — | — | |
| Finished Goods | — | — | $8.7m | $13.1m | $12.5m | $19.6m | |
| Gross PPE | — | — | $35.8m | $52.2m | $44.5m | $62.0m | |
| Invested Capital | — | — | $211.2m | $223.6m | $180.9m | $261.7m | |
| Land And Improvements | — | — | — | — | $0 | $7.8m | |
| Leases | — | — | $9.3m | $10.9m | $9.5m | $5.1m | |
| Long Term Capital Lease Obligation | — | — | $13.4m | $18.8m | $13.1m | $12.9m | |
| Machinery Furniture Equipment | — | — | $10.1m | $19.2m | $14.4m | $18.9m | |
| Net PPE | — | — | $22.7m | $28.8m | $24.5m | $45.3m | |
| Net Tangible Assets | — | — | $102.3m | $155.2m | $163.1m | $248.4m | |
| Non Current Accounts Receivable | — | — | — | $10.6m | $10.1m | $8.6m | |
| Non Current Deferred Liabilities | — | — | $342k | $5.0m | $2.5m | $3.1m | |
| Ordinary Shares Number | — | — | $18.7m | $43.3m | $52.6m | $60.9m | |
| Other Current Liabilities | — | — | $2.2m | $7.7m | $9.4m | $6.3m | |
| Other Equity Adjustments | — | — | ($149k) | $192k | ($1.0m) | ($442k) | |
| Other Properties | — | — | $13.0m | $18.6m | $14.3m | $13.5m | |
| Preferred Securities Outside Stock Equity | — | $0 | $0 | — | — | — | |
| Properties | — | — | $0 | $0 | $0 | $0 | |
| Raw Materials | — | — | $7.0m | $10.1m | $3.6m | $3.9m | |
| Share Issued | — | — | $18.7m | $43.3m | $52.6m | $60.9m | |
| Tangible Book Value | — | — | $102.3m | $155.2m | $163.1m | $248.4m | |
| Work In Process | — | — | $3.9m | $75k | $307k | $93k | |
| Working Capital | — | — | $133.0m | $181.5m | $141.4m | $207.9m | |
| Total stockholders’ equity | $5.0m | $260.7m | $171.6m | $179.7m | $180.9m | $261.7m | |
| Total Capitalization | — | — | $211.2m | $223.6m | $180.9m | $261.7m | |
| Total Debt | — | — | $56.2m | $69.9m | $20.2m | $17.1m | |
| Total Non Current Assets | — | — | $93.6m | $67.6m | $56.3m | $70.6m | |
| Total Tax Payable | — | — | $403k | $2.7m | $2.2m | $2.5m | |
| Assets | $201.1m | $307.7m | $256.1m | $330.7m | $276.1m | $349.5m | |
| LIABILITIES AND EQUITY | |||||||
| Total liabilities and stockholders’ equity | $201.1m | $307.7m | $256.1m | $330.7m | $276.1m | $349.5m | |
| Current liabilities: | |||||||
| Operating Lease, Liability, Current | — | $3.1m | $3.2m | $7.1m | $7.2m | $4.1m | |
| Accounts Payable, Current | $6.9m | $4.9m | $8.8m | $3.5m | $6.3m | $20.0m | |
| Operating Lease, Liability, Noncurrent | — | $16.2m | $13.4m | $18.8m | $13.1m | $12.9m | |
| Long-term Debt, Excluding Current Maturities | — | — | $39.6m | $44.0m | $0 | — | |
| Operating lease liability, current portion | $2.8m | $3.1m | $3.2m | $7.1m | $7.2m | $4.1m | |
| Operating lease liability, non-current portion | $11.9m | $16.2m | $13.4m | $18.8m | $13.1m | $12.9m | |
| Current Deferred Revenue | — | — | $11.1m | $25.9m | $38.7m | $28.6m | |
| Payables And Accrued Expenses | — | — | $9.2m | $34.6m | $17.0m | $24.6m | |
| Liabilities, Current | $2.3m | $22.1m | $29.5m | $81.7m | $78.4m | $71.0m | |
| Total current liabilities | $2.3m | $22.1m | $29.5m | $81.7m | $78.4m | $71.0m | |
| Other Liabilities, Noncurrent | — | $1.1m | $1.9m | $1.6m | $1.2m | $703k | |
| Long Term Debt And Capital Lease Obligation | — | — | $53.0m | $62.8m | $13.1m | $12.9m | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | $3.8m | $6.4m | $6.1m | $7.4m | |
| Liabilities | $68.0m | $47.0m | $84.5m | $151.1m | $95.2m | $87.8m | |
| Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount | $128.1m | — | — | — | — | — | |
| Stockholders’ equity: | |||||||
| Common Stock, Value, Issued | — | $17k | $19k | $42k | $47k | $48k | |
| Additional Paid in Capital | $56.5m | $564.0m | $613.7m | $995.5m | $1.1b | $1.2b | |
| Retained Earnings (Accumulated Deficit) | ($51.5m) | ($303.4m) | ($441.9m) | ($816.0m) | ($913.1m) | ($973.4m) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | ($6k) | ($149k) | $192k | ($1.0m) | ($442k) | |
| Common stock, $0.0001 par value; 100,000,000 shares authorized at December 31, 2025 and 2024; 60,947,757 and 52,560,770 issued and outstanding at December 31, 2025 and 2024, respectively | 633 | 17k | 19k | 42k | 47k | 48k | |
| Accumulated other comprehensive (loss) income | $0 | ($6k) | ($149k) | $192k | ($1.0m) | ($442k) | |
| Capital Stock | — | — | $19k | $42k | $47k | $48k | |
| Gains Losses Not Affecting Retained Earnings | — | — | ($149k) | $192k | ($1.0m) | ($442k) | |
| Stockholders' Equity Attributable to Parent | $5.0m | $260.7m | $171.6m | $179.7m | $180.9m | $261.7m | |
| Partners' Capital, Including Portion Attributable to Noncontrolling Interest | $1.3m | — | — | — | — | — | |
| Total Equity Gross Minority Interest | — | — | $171.6m | $179.7m | $180.9m | $261.7m | |
| Total Non Current Liabilities Net Minority Interest | — | — | $55.0m | $69.4m | $16.8m | $16.7m | |
| Liabilities and Equity | $201.1m | $307.7m | $256.1m | $330.7m | $276.1m | $349.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.