Ouster, Inc. (OUST) intrinsic value & 10-year financials
Ouster, Inc. (OUST) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 8 fiscal years revenue grew 56.8% a year to $169.4M, with an average return on invested capital of -133.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $28.43
- Market cap
- $1.6B
- Revenue (FY2025)
- $169.4M
- Revenue growth (8-yr CAGR)
- 56.8%
- ROIC (10-yr avg)
- -133.5%
- Free cash flow (FY2025)
- -$64.8M
OUST 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $169.4M | -$60.4M | -$1.07 | -$64.8M | -43.7% | -39.7% |
| FY2024 | $111.1M | -$97.0M | -$2.08 | -$37.5M | -93.8% | -61.3% |
| FY2023 | $83.3M | -$374.1M | -$10.10 | -$140.9M | -448.1% | -254.6% |
| FY2022 | $41.0M | -$138.6M | -$0.78 | -$116.1M | -354.4% | -148.4% |
| FY2021 | $33.6M | -$94.0M | -$0.70 | -$75.3M | -297.0% | -175.3% |
| FY2020 | $18.9M | -$106.8M | -$5.98 | -$45.6M | -273.8% | -319.3% |
| FY2019 | $11.4M | -$51.7M | -$6.99 | -$47.7M | -423.8% | 64.2% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Ouster, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Ouster, Inc. has historically struggled to out-earn its cost of capital, averaging just -42.8% ROIC.
Ouster, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Ouster, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-35.54 per share.