Financial Statements — OUST
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2021 |
|---|
| Cash & Equivalents | 0.09 | 0.08 | 0.09 | 0.08 | 0.05 | 0.04 | 0.05 | 0.05 | 0.08 | 0.09 | 0.12 | 0.22 |
| Short-term Investments | 0.17 | 0.09 | 0.16 | 0.15 | 0.11 | 0.11 | 0.13 | 0.14 | 0.12 | 0.13 | 0.14 | -- |
| Accounts Receivable | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 |
| Inventory | 0.03 | 0.03 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.01 |
| Total Current Assets | 0.35 | 0.25 | 0.31 | 0.27 | 0.22 | 0.20 | 0.25 | 0.26 | 0.25 | 0.28 | 0.32 | 0.24 |
| Property, Plant & Equipment | 0.04 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Goodwill | 0.04 | 0.04 | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.07 | -- |
| Intangible Assets | 0.03 | 0.04 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | -- |
| Total Non-current Assets* | 0.13 | 0.13 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.14 | 0.02 |
| Total Assets | 0.47 | 0.38 | 0.35 | 0.32 | 0.27 | 0.26 | 0.31 | 0.32 | 0.32 | 0.35 | 0.46 | 0.26 |
| Accounts Payable | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.00 |
| Total Current Liabilities | 0.08 | 0.08 | 0.09 | 0.09 | 0.08 | 0.06 | 0.07 | 0.08 | 0.06 | 0.07 | 0.07 | 0.02 |
| Long-term Debt | -- | -- | -- | -- | -- | 0.00 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | -- |
| Total Non-current Liabilities* | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.02 |
| Total Liabilities | 0.10 | 0.11 | 0.11 | 0.10 | 0.10 | 0.08 | 0.14 | 0.15 | 0.13 | 0.14 | 0.14 | 0.04 |
| Retained Earnings | (1.01) | (0.99) | (0.98) | (0.96) | (0.94) | (0.89) | (0.86) | (0.84) | (0.78) | (0.74) | (0.62) | (0.28) |
| Total Stockholder Equity | 0.37 | 0.28 | 0.25 | 0.22 | 0.17 | 0.17 | 0.17 | 0.17 | 0.19 | 0.22 | 0.32 | 0.22 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 54.63 | 48.58 | 62.18 | 39.53 | 35.05 | 32.63 | 30.09 | 28.08 | 26.99 | 25.94 | 24.44 | 22.21 | 19.40 | 17.23 | 11.85 | 7.76 |
| Cost of Revenue | 27.94 | 27.74 | 24.73 | 22.87 | 19.21 | 19.15 | 16.91 | 17.32 | 17.89 | 18.52 | 19.03 | 19.12 | 19.21 | 17.61 | 8.28 | 5.88 |
| Gross Profit | 26.69 | 20.84 | 37.45 | 16.66 | 15.84 | 13.48 | 13.18 | 10.75 | 9.10 | 7.43 | 5.41 | 3.09 | 0.19 | (0.38) | 3.57 | 1.88 |
| Research & Development | 19.34 | 16.08 | 15.26 | 17.78 | 17.15 | 14.99 | 14.72 | 15.13 | 14.43 | 13.81 | 15.63 | 16.68 | 26.45 | 32.46 | 15.00 | 8.39 |
| Selling, General & Admin | 18.20 | 16.13 | 14.51 | 15.69 | 18.54 | 15.91 | 17.02 | 15.94 | 13.17 | 12.58 | 18.55 | 14.27 | 17.84 | 31.33 | 15.78 | 14.07 |
| Total Operating Expenses | 46.73 | 40.05 | 36.55 | 40.91 | 42.66 | 37.31 | 38.78 | 38.26 | 34.35 | 33.25 | 42.72 | 38.84 | 123.22 | 176.73 | 38.27 | 29.20 |
| Operating Income | (20.05) | (19.21) | 0.90 | (24.25) | (26.82) | (23.83) | (25.60) | (27.51) | (25.25) | (25.82) | (37.31) | (35.74) | (123.03) | (177.10) | (34.69) | (27.32) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.74 | 4.08 | 1.83 | 1.73 | 1.67 | 0.00 | 0.00 |
| Pretax Income | (17.99) | (16.91) | 4.40 | (21.66) | (24.23) | (21.82) | (23.42) | (25.63) | (23.75) | (23.72) | (38.82) | (35.08) | (122.68) | (177.00) | (31.14) | (12.67) |
| Tax Provision | 0.13 | 0.55 | 0.41 | 0.07 | (3.62) | 0.20 | 0.32 | (0.04) | 0.12 | 0.13 | 0.17 | 0.02 | 0.05 | 0.28 | (2.79) | 0.00 |
| Net Income | (18.11) | (17.46) | 3.99 | (21.73) | (20.61) | (22.02) | (23.74) | (25.59) | (23.87) | (23.85) | (38.99) | (35.10) | (122.73) | (177.28) | (28.34) | (12.67) |
| Basic EPS | (0.27) | (0.28) | 0.10 | (0.37) | (0.38) | (0.42) | (0.46) | (0.54) | (0.53) | (0.55) | 0.01 | (0.89) | (3.19) | (6.03) | (0.17) | (0.08) |
| Diluted EPS | (0.27) | (0.28) | 0.10 | (0.37) | (0.38) | (0.42) | (0.46) | (0.54) | (0.53) | (0.55) | 0.01 | (0.89) | (3.19) | (6.03) | (0.17) | (0.08) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (12.76) | (7.28) | (15.43) | (18.34) | (1.31) | (4.88) | (2.56) | (3.77) | (21.64) | (5.72) | (24.19) | (27.22) | (33.47) | (53.01) | (25.95) | (45.11) |
| Capital Expenditures | 2.65 | 2.56 | 21.75 | 1.70 | 0.89 | 0.55 | 1.45 | 0.57 | 0.36 | 1.38 | 0.37 | 0.66 | 0.97 | 1.01 | 2.51 | 1.77 |
| Free Cash Flow* | (15.41) | (9.84) | (37.18) | (20.04) | (2.20) | (5.43) | (4.01) | (4.33) | (22.00) | (7.10) | (24.56) | (27.88) | (34.43) | (54.02) | (28.46) | (46.88) |
| Investing Cash Flow | (77.08) | 17.06 | (4.68) | (7.69) | (36.47) | 12.59 | (20.21) | 25.79 | 9.54 | (0.47) | (12.92) | 8.87 | 8.37 | 46.28 | (13.45) | (1.77) |
| Financing Cash Flow | 102.56 | 0.71 | 0.28 | 37.16 | 59.51 | 0.66 | 24.83 | (29.77) | 16.68 | 3.65 | 12.27 | 2.93 | 0.44 | 0.02 | 0.48 | 257.83 |
* Derived from reported values
