Ouster (OUST) Operating Margin (2020 - 2026)
Ouster (OUST) recorded Operating Margin of -36.69% in Q2 2026, up 39.83 percentage points from -76.53% a year earlier and up 2.85 percentage points from the prior quarter.
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Analysis
Ouster (OUST) Operating Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Ouster's Operating Margin came in at -30.55% as of Jun 30, 2026, up 51.89 percentage points year-over-year; for FY2025, it came in at -43.69%, up 50.08 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +230.13 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at -93.77% in FY2024 (+354.35 pp), -448.12% in FY2023 (-93.68 pp), -354.44% in FY2022 (-57.49 pp) and -296.95% in FY2021 (-23.14 pp).
- Quarterly Operating Margin has ranged from -1027.87% in Q1 2023 to 1.45% in Q4 2025 over the past five years.
- On a year-over-year basis, Operating Margin has increased for 12 consecutive quarters, with an average year-over-year change of +46.31 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 928.34 percentage points in Q1 2024, against a drop of 628.38 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -39.55% (Q1 2026), 1.45% (Q4 2025) and -61.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,099.23 Bn | 4,846.72 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 419.26 Bn | 355.18 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 296.86 Bn | 252.62 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 220.82 Bn | 174.27 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 189.16 Bn | 177.68 Bn | 7.58 Bn | 78.49% |
| 6 | Sony | 155.47 Bn | 92.73 Bn | 6.53 Bn | 16.79% |
| 7 | Seagate Technology Holdings | 142.58 Bn | 137.57 Bn | 1.90 Bn | 42.96% |
| 8 | Western Digital | 121.84 Bn | 109.96 Bn | 2.03 Bn | 41.71% |
| 9 | Hewlett Packard Enterprise | 76.34 Bn | 54.22 Bn | 4.93 Bn | 11.41% |
| 10 | Ouster | 1.89 Bn | 1.01 Bn | 26.69 Mn | -36.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.69% |
| Mar 31, 2026 | -39.55% |
| Dec 31, 2025 | 1.45% |
| Sep 30, 2025 | -61.36% |
| Jun 30, 2025 | -76.53% |
| Mar 31, 2025 | -73.03% |
| Dec 31, 2024 | -85.07% |
| Sep 30, 2024 | -97.98% |
| Jun 30, 2024 | -93.55% |
| Mar 31, 2024 | -99.53% |
| Dec 31, 2023 | -152.65% |
| Sep 30, 2023 | -160.93% |
| Jun 30, 2023 | -634.33% |
| Mar 31, 2023 | -1,027.87% |
| Dec 31, 2022 | -383.99% |
| Sep 30, 2022 | -321.72% |
| Jun 30, 2022 | -321.32% |
| Mar 31, 2022 | -399.49% |
| Dec 31, 2021 | -292.73% |
| Sep 30, 2021 | -352.34% |
API Access
Ouster Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=OUST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "OUST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=OUST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();