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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and Ouster, Inc. (OUST). Click either name above to swap in a different company.

FEDERAL AGRICULTURAL MORTGAGE CORP is the larger business by last-quarter revenue ($107.5M vs $62.2M, roughly 1.7× Ouster, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 6.1%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 7.1%).

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.

Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.

AGM vs OUST — Head-to-Head

Bigger by revenue
AGM
AGM
1.7× larger
AGM
$107.5M
$62.2M
OUST
Growing faster (revenue YoY)
OUST
OUST
+100.5% gap
OUST
106.6%
6.1%
AGM
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
7.1%
AGM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AGM
AGM
OUST
OUST
Revenue
$107.5M
$62.2M
Net Profit
Gross Margin
60.2%
Operating Margin
56.3%
1.5%
Net Margin
Revenue YoY
6.1%
106.6%
Net Profit YoY
EPS (diluted)
$3.69
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AGM
AGM
OUST
OUST
Q4 25
$107.5M
$62.2M
Q3 25
$104.0M
$39.5M
Q2 25
$102.6M
$35.0M
Q1 25
$94.3M
$32.6M
Q4 24
$101.3M
$30.1M
Q3 24
$90.3M
$28.1M
Q2 24
$89.9M
$27.0M
Q1 24
$93.7M
$25.9M
Net Profit
AGM
AGM
OUST
OUST
Q4 25
Q3 25
$55.0M
$-21.7M
Q2 25
$54.8M
$-20.6M
Q1 25
$49.7M
$-22.0M
Q4 24
$56.5M
Q3 24
$49.8M
$-25.6M
Q2 24
$47.1M
$-23.9M
Q1 24
$53.7M
$-23.8M
Gross Margin
AGM
AGM
OUST
OUST
Q4 25
60.2%
Q3 25
42.1%
Q2 25
45.2%
Q1 25
41.3%
Q4 24
43.8%
Q3 24
38.3%
Q2 24
33.7%
Q1 24
28.6%
Operating Margin
AGM
AGM
OUST
OUST
Q4 25
56.3%
1.5%
Q3 25
64.1%
-61.4%
Q2 25
63.8%
-76.5%
Q1 25
66.9%
-73.0%
Q4 24
67.5%
-85.1%
Q3 24
69.0%
-98.0%
Q2 24
65.9%
-93.6%
Q1 24
72.8%
-99.5%
Net Margin
AGM
AGM
OUST
OUST
Q4 25
Q3 25
52.9%
-55.0%
Q2 25
53.4%
-58.8%
Q1 25
52.6%
-67.5%
Q4 24
55.8%
Q3 24
55.2%
-91.1%
Q2 24
52.4%
-88.4%
Q1 24
57.4%
-91.9%
EPS (diluted)
AGM
AGM
OUST
OUST
Q4 25
$3.69
$0.10
Q3 25
$4.44
$-0.37
Q2 25
$4.48
$-0.38
Q1 25
$4.01
$-0.42
Q4 24
$4.62
$-0.46
Q3 24
$3.86
$-0.54
Q2 24
$3.68
$-0.53
Q1 24
$4.28
$-0.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AGM
AGM
OUST
OUST
Cash + ST InvestmentsLiquidity on hand
$208.6M
Total DebtLower is stronger
$30.8B
Stockholders' EquityBook value
$1.7B
$261.7M
Total Assets
$35.4B
$349.5M
Debt / EquityLower = less leverage
17.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGM
AGM
OUST
OUST
Q4 25
$208.6M
Q3 25
$244.5M
Q2 25
$226.5M
Q1 25
$168.2M
Q4 24
$172.0M
Q3 24
$842.1M
$151.4M
Q2 24
$923.0M
$184.2M
Q1 24
$745.1M
$187.8M
Total Debt
AGM
AGM
OUST
OUST
Q4 25
$30.8B
Q3 25
$29.2B
Q2 25
$28.9B
Q1 25
$28.0B
Q4 24
$27.5B
Q3 24
$27.2B
Q2 24
$26.8B
Q1 24
$26.8B
Stockholders' Equity
AGM
AGM
OUST
OUST
Q4 25
$1.7B
$261.7M
Q3 25
$1.7B
$247.4M
Q2 25
$1.5B
$221.0M
Q1 25
$1.5B
$167.9M
Q4 24
$1.5B
$180.9M
Q3 24
$1.5B
$171.7M
Q2 24
$1.5B
$170.6M
Q1 24
$1.5B
$167.2M
Total Assets
AGM
AGM
OUST
OUST
Q4 25
$35.4B
$349.5M
Q3 25
$33.4B
$353.8M
Q2 25
$33.0B
$321.8M
Q1 25
$31.8B
$268.6M
Q4 24
$31.3B
$276.1M
Q3 24
$30.6B
$255.2M
Q2 24
$30.2B
$309.9M
Q1 24
$29.8B
$317.7M
Debt / Equity
AGM
AGM
OUST
OUST
Q4 25
17.93×
Q3 25
17.31×
Q2 25
18.70×
Q1 25
18.39×
Q4 24
18.48×
Q3 24
18.60×
Q2 24
17.87×
Q1 24
18.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AGM
AGM
OUST
OUST
Operating Cash FlowLast quarter
$80.1M
$-15.4M
Free Cash FlowOCF − Capex
$-37.2M
FCF MarginFCF / Revenue
-59.8%
Capex IntensityCapex / Revenue
0.0%
35.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGM
AGM
OUST
OUST
Q4 25
$80.1M
$-15.4M
Q3 25
$74.2M
$-18.3M
Q2 25
$-47.7M
$-1.3M
Q1 25
$-49.8M
$-4.9M
Q4 24
$612.6M
$-2.6M
Q3 24
$-44.4M
$-3.8M
Q2 24
$56.1M
$-21.6M
Q1 24
$233.3M
$-5.7M
Free Cash Flow
AGM
AGM
OUST
OUST
Q4 25
$-37.2M
Q3 25
$-20.0M
Q2 25
$-2.2M
Q1 25
$-5.4M
Q4 24
$607.4M
$-4.0M
Q3 24
$-44.4M
$-4.3M
Q2 24
$52.6M
$-22.0M
Q1 24
$231.7M
$-7.1M
FCF Margin
AGM
AGM
OUST
OUST
Q4 25
-59.8%
Q3 25
-50.7%
Q2 25
-6.3%
Q1 25
-16.6%
Q4 24
599.8%
-13.3%
Q3 24
-49.2%
-15.4%
Q2 24
58.5%
-81.5%
Q1 24
247.3%
-27.4%
Capex Intensity
AGM
AGM
OUST
OUST
Q4 25
0.0%
35.0%
Q3 25
0.0%
4.3%
Q2 25
0.0%
2.5%
Q1 25
0.0%
1.7%
Q4 24
5.2%
4.8%
Q3 24
0.1%
2.0%
Q2 24
4.0%
1.3%
Q1 24
1.7%
5.3%
Cash Conversion
AGM
AGM
OUST
OUST
Q4 25
Q3 25
1.35×
Q2 25
-0.87×
Q1 25
-1.00×
Q4 24
10.84×
Q3 24
-0.89×
Q2 24
1.19×
Q1 24
4.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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