Ouster, Inc. reported $49 million in revenue for the first quarter ended March 31, 2026. This figure represents a 49% increase over the previous year. Product revenue climbed 55% to $48 million. Increased demand in smart infrastructure and industrial sectors fueled the growth.
The company shipped over 12,600 sensors during the quarter. GAAP gross margin improved to 43% from 41% in the prior year. Ouster projects second-quarter 2026 revenue between $49.5 million and $52.5 million. The company announced these results after the market close on May 5, 2026.