Ouster (OUST) Q2 2026 Earnings Call Transcript

Hello, everyone and welcome to Ouster's second quarter 2026 earnings conference call. My name is Chen Geng, Senior Vice President of Strategic Finance and Treasurer. I appreciate you joining us today to hear about our financial results and strategic priorities.

In Q2 2026, we achieved remarkable results. Revenue reached $55 million, and we shipped over 17,000 sensors. This marks our 14th consecutive quarter of product revenue growth, highlighting the strength of our unified sensing and perception platform. Our industrial and smart infrastructure verticals showed exceptional performance, with major deployments in warehouse automation, yard logistics, port automation, mining, and ITS.

Customers worldwide have continued to invest in Physical AI, with Ouster sensors contributing to significant advancements in various sectors.

Looking ahead, we have several strategic priorities. We are focused on expanding our product portfolio with innovative solutions like the world's first native color lidar sensors with Rev8 and setting new standards with the ZED X Nano wrist-mount stereo vision system. Our partnerships with NVIDIA and Benchmark have further strengthened our position, enabling production-ready ecosystems and manufacturing capacity exceeding 100,000 units per year.

Additionally, we have achieved Build America, Buy America compliance for Rev8, making it eligible for deployment in U.S. government-funded infrastructure projects.

In conclusion, our second quarter demonstrated exceptional growth and strategic execution. We look forward to continuing our journey in enabling Physical AI solutions that drive innovation and efficiency across industries. Thank you for your attention and questions.