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Side-by-side financial comparison of Expensify, Inc. (EXFY) and Ouster, Inc. (OUST). Click either name above to swap in a different company.
Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $35.2M, roughly 1.8× Expensify, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs -4.9%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 2.4%).
Expensify, Inc. is a software company that develops an expense management system for personal and business use. Expensify also offers a business credit card called the Expensify Card.
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.
EXFY vs OUST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $35.2M | $62.2M |
| Net Profit | — | — |
| Gross Margin | 49.2% | 60.2% |
| Operating Margin | -11.2% | 1.5% |
| Net Margin | — | — |
| Revenue YoY | -4.9% | 106.6% |
| Net Profit YoY | — | — |
| EPS (diluted) | $-0.07 | $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.
| Q4 25 | $35.2M | $62.2M | ||
| Q3 25 | $35.1M | $39.5M | ||
| Q2 25 | $35.8M | $35.0M | ||
| Q1 25 | $36.1M | $32.6M | ||
| Q4 24 | $37.0M | $30.1M | ||
| Q3 24 | $35.4M | $28.1M | ||
| Q2 24 | $33.3M | $27.0M | ||
| Q1 24 | $33.5M | $25.9M |
| Q4 25 | — | — | ||
| Q3 25 | $-2.3M | $-21.7M | ||
| Q2 25 | $-8.8M | $-20.6M | ||
| Q1 25 | $-3.2M | $-22.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-2.2M | $-25.6M | ||
| Q2 24 | $-2.8M | $-23.9M | ||
| Q1 24 | $-3.8M | $-23.8M |
| Q4 25 | 49.2% | 60.2% | ||
| Q3 25 | 49.6% | 42.1% | ||
| Q2 25 | 51.9% | 45.2% | ||
| Q1 25 | 50.6% | 41.3% | ||
| Q4 24 | 51.0% | 43.8% | ||
| Q3 24 | 51.6% | 38.3% | ||
| Q2 24 | 56.9% | 33.7% | ||
| Q1 24 | 56.5% | 28.6% |
| Q4 25 | -11.2% | 1.5% | ||
| Q3 25 | -6.4% | -61.4% | ||
| Q2 25 | -28.9% | -76.5% | ||
| Q1 25 | -4.1% | -73.0% | ||
| Q4 24 | 1.3% | -85.1% | ||
| Q3 24 | 0.8% | -98.0% | ||
| Q2 24 | 0.7% | -93.6% | ||
| Q1 24 | -5.3% | -99.5% |
| Q4 25 | — | — | ||
| Q3 25 | -6.6% | -55.0% | ||
| Q2 25 | -24.6% | -58.8% | ||
| Q1 25 | -8.8% | -67.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | -6.2% | -91.1% | ||
| Q2 24 | -8.3% | -88.4% | ||
| Q1 24 | -11.3% | -91.9% |
| Q4 25 | $-0.07 | $0.10 | ||
| Q3 25 | $-0.03 | $-0.37 | ||
| Q2 25 | $-0.10 | $-0.38 | ||
| Q1 25 | $-0.03 | $-0.42 | ||
| Q4 24 | $-0.03 | $-0.46 | ||
| Q3 24 | $-0.02 | $-0.54 | ||
| Q2 24 | $-0.03 | $-0.53 | ||
| Q1 24 | $-0.04 | $-0.55 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.1M | $208.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $132.7M | $261.7M |
| Total Assets | $186.0M | $349.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.1M | $208.6M | ||
| Q3 25 | $61.5M | $244.5M | ||
| Q2 25 | $60.5M | $226.5M | ||
| Q1 25 | $59.6M | $168.2M | ||
| Q4 24 | $48.8M | $172.0M | ||
| Q3 24 | $39.2M | $151.4M | ||
| Q2 24 | $53.2M | $184.2M | ||
| Q1 24 | $49.3M | $187.8M |
| Q4 25 | $132.7M | $261.7M | ||
| Q3 25 | $135.7M | $247.4M | ||
| Q2 25 | $131.8M | $221.0M | ||
| Q1 25 | $134.7M | $167.9M | ||
| Q4 24 | $128.2M | $180.9M | ||
| Q3 24 | $119.9M | $171.7M | ||
| Q2 24 | $114.0M | $170.6M | ||
| Q1 24 | $106.5M | $167.2M |
| Q4 25 | $186.0M | $349.5M | ||
| Q3 25 | $186.8M | $353.8M | ||
| Q2 25 | $187.1M | $321.8M | ||
| Q1 25 | $189.2M | $268.6M | ||
| Q4 24 | $173.7M | $276.1M | ||
| Q3 24 | $176.2M | $255.2M | ||
| Q2 24 | $192.9M | $309.9M | ||
| Q1 24 | $184.8M | $317.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.2M | $-15.4M |
| Free Cash FlowOCF − Capex | — | $-37.2M |
| FCF MarginFCF / Revenue | — | -59.8% |
| Capex IntensityCapex / Revenue | — | 35.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-64.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2M | $-15.4M | ||
| Q3 25 | $4.2M | $-18.3M | ||
| Q2 25 | $8.9M | $-1.3M | ||
| Q1 25 | $4.8M | $-4.9M | ||
| Q4 24 | $7.4M | $-2.6M | ||
| Q3 24 | $3.7M | $-3.8M | ||
| Q2 24 | $9.3M | $-21.6M | ||
| Q1 24 | $3.5M | $-5.7M |
| Q4 25 | — | $-37.2M | ||
| Q3 25 | — | $-20.0M | ||
| Q2 25 | — | $-2.2M | ||
| Q1 25 | — | $-5.4M | ||
| Q4 24 | — | $-4.0M | ||
| Q3 24 | — | $-4.3M | ||
| Q2 24 | — | $-22.0M | ||
| Q1 24 | — | $-7.1M |
| Q4 25 | — | -59.8% | ||
| Q3 25 | — | -50.7% | ||
| Q2 25 | — | -6.3% | ||
| Q1 25 | — | -16.6% | ||
| Q4 24 | — | -13.3% | ||
| Q3 24 | — | -15.4% | ||
| Q2 24 | — | -81.5% | ||
| Q1 24 | — | -27.4% |
| Q4 25 | — | 35.0% | ||
| Q3 25 | 0.0% | 4.3% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | 0.0% | 4.8% | ||
| Q3 24 | 0.0% | 2.0% | ||
| Q2 24 | 0.0% | 1.3% | ||
| Q1 24 | 0.0% | 5.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
