---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-135301"
form_type: "8-K"
ticker: "OUST"
cik: "0001816581"
company_name: "Ouster, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:46:12.579985+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ouster Q1 2024 revenue $26M (+51% YoY); record non-GAAP gross margin 36%

## Summary
- Revenue of $26M, up 51% YoY and 6% sequentially; ~4,500 sensors shipped.
- GAAP gross margin 29% (vs -2% YoY); non-GAAP gross margin record 36% (vs 25% YoY).
- Net loss narrowed to $24M from $177M YoY; Adjusted EBITDA loss $12M vs $27M YoY.
- Cash, equivalents, restricted cash, and short-term investments total $189M.
- Growth driven by large orders in robotics and automotive (warehouse robotics, mapping, AV).

## SEC filing metadata
- accession: 0001193125-24-135301
- form_type: 8-K
- ticker: OUST
- cik: 0001816581
- company_name: Ouster, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816581/000119312524135301/0001193125-24-135301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816581/000119312524135301/d804160d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-135301
- JSON: https://secwatch.observer/filing/0001193125-24-135301.json
- Plain text: https://secwatch.observer/filing/0001193125-24-135301.txt

## Key facts
- Earnings Releases
  Ouster, Inc. reported the three months ended March 31, 2024 results: revenue $26 million, net income Net loss of $24 million.
  - Period: the three months ended March 31, 2024
  - Revenue: $26 million
  - Net income: Net loss of $24 million
  - Result: reported results
  source text: by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Ouster Announces Record Revenue and Margin for First Quarter 2024 Record revenue of $26 million, up 51% year over year GAAP gross margin of 29% and record non-GAAP gross margin of 36% SAN FRANCISCO, CA – May 9, 2024 at 4:15 PM ET – Ouster, Inc. (NYSE: OUST) (“Ouster” or the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816581/000119312524135301/0001193125-24-135301-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.