vs
Side-by-side financial comparison of Ouster, Inc. (OUST) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.
Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $49.0M, roughly 1.3× Quipt Home Medical Corp.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 32.3%). Quipt Home Medical Corp. produced more free cash flow last quarter ($6.9M vs $-37.2M).
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.
Quipt Home Medical Corp is a U.S.-based home medical equipment provider specializing in respiratory care, sleep therapy supplies, and chronic disease management products. It serves patients with long-term health conditions, partners with healthcare providers and insurance payers across operating regions to deliver accessible in-home medical solutions.
OUST vs QIPT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $62.2M | $49.0M |
| Net Profit | — | $-1.1M |
| Gross Margin | 60.2% | 53.5% |
| Operating Margin | 1.5% | 2.1% |
| Net Margin | — | -2.1% |
| Revenue YoY | 106.6% | 32.3% |
| Net Profit YoY | — | 2.9% |
| EPS (diluted) | $0.10 | $-0.02 |
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 | $62.2M | $49.0M | ||
| Q3 25 | $39.5M | $39.8M | ||
| Q2 25 | $35.0M | $35.1M | ||
| Q1 25 | $32.6M | $33.3M | ||
| Q4 24 | $30.1M | $37.1M | ||
| Q3 24 | $28.1M | — | ||
| Q2 24 | $27.0M | — | ||
| Q1 24 | $25.9M | — |
| Q4 25 | — | $-1.1M | ||
| Q3 25 | $-21.7M | $-3.5M | ||
| Q2 25 | $-20.6M | $-3.0M | ||
| Q1 25 | $-22.0M | $-3.0M | ||
| Q4 24 | — | $-1.1M | ||
| Q3 24 | $-25.6M | — | ||
| Q2 24 | $-23.9M | — | ||
| Q1 24 | $-23.8M | — |
| Q4 25 | 60.2% | 53.5% | ||
| Q3 25 | 42.1% | 48.7% | ||
| Q2 25 | 45.2% | 57.6% | ||
| Q1 25 | 41.3% | 54.6% | ||
| Q4 24 | 43.8% | 52.1% | ||
| Q3 24 | 38.3% | — | ||
| Q2 24 | 33.7% | — | ||
| Q1 24 | 28.6% | — |
| Q4 25 | 1.5% | 2.1% | ||
| Q3 25 | -61.4% | -3.6% | ||
| Q2 25 | -76.5% | -5.2% | ||
| Q1 25 | -73.0% | -3.0% | ||
| Q4 24 | -85.1% | 1.2% | ||
| Q3 24 | -98.0% | — | ||
| Q2 24 | -93.6% | — | ||
| Q1 24 | -99.5% | — |
| Q4 25 | — | -2.1% | ||
| Q3 25 | -55.0% | -8.9% | ||
| Q2 25 | -58.8% | -8.6% | ||
| Q1 25 | -67.5% | -9.1% | ||
| Q4 24 | — | -2.9% | ||
| Q3 24 | -91.1% | — | ||
| Q2 24 | -88.4% | — | ||
| Q1 24 | -91.9% | — |
| Q4 25 | $0.10 | $-0.02 | ||
| Q3 25 | $-0.37 | $-0.07 | ||
| Q2 25 | $-0.38 | $-0.07 | ||
| Q1 25 | $-0.42 | $-0.07 | ||
| Q4 24 | $-0.46 | $-0.03 | ||
| Q3 24 | $-0.54 | — | ||
| Q2 24 | $-0.53 | — | ||
| Q1 24 | $-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 | $208.6M | $10.5M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $261.7M | $113.0M |
| Total Assets | $349.5M | $280.7M |
| Debt / EquityLower = less leverage | — | 0.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $208.6M | $10.5M | ||
| Q3 25 | $244.5M | $12.9M | ||
| Q2 25 | $226.5M | $11.3M | ||
| Q1 25 | $168.2M | $17.1M | ||
| Q4 24 | $172.0M | $15.5M | ||
| Q3 24 | $151.4M | — | ||
| Q2 24 | $184.2M | — | ||
| Q1 24 | $187.8M | — |
| Q4 25 | — | $84.0M | ||
| Q3 25 | — | $87.6M | ||
| Q2 25 | — | $66.0M | ||
| Q1 25 | — | $71.5M | ||
| Q4 24 | — | $70.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $261.7M | $113.0M | ||
| Q3 25 | $247.4M | $112.1M | ||
| Q2 25 | $221.0M | $102.5M | ||
| Q1 25 | $167.9M | $103.6M | ||
| Q4 24 | $180.9M | $106.3M | ||
| Q3 24 | $171.7M | — | ||
| Q2 24 | $170.6M | — | ||
| Q1 24 | $167.2M | — |
| Q4 25 | $349.5M | $280.7M | ||
| Q3 25 | $353.8M | $283.3M | ||
| Q2 25 | $321.8M | $236.1M | ||
| Q1 25 | $268.6M | $244.6M | ||
| Q4 24 | $276.1M | $242.8M | ||
| Q3 24 | $255.2M | — | ||
| Q2 24 | $309.9M | — | ||
| Q1 24 | $317.7M | — |
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-15.4M | $8.9M |
| Free Cash FlowOCF − Capex | $-37.2M | $6.9M |
| FCF MarginFCF / Revenue | -59.8% | 14.0% |
| Capex IntensityCapex / Revenue | 35.0% | 4.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-64.8M | $26.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.4M | $8.9M | ||
| Q3 25 | $-18.3M | $9.8M | ||
| Q2 25 | $-1.3M | $9.7M | ||
| Q1 25 | $-4.9M | $8.9M | ||
| Q4 24 | $-2.6M | $9.3M | ||
| Q3 24 | $-3.8M | — | ||
| Q2 24 | $-21.6M | — | ||
| Q1 24 | $-5.7M | — |
| Q4 25 | $-37.2M | $6.9M | ||
| Q3 25 | $-20.0M | $8.0M | ||
| Q2 25 | $-2.2M | $4.4M | ||
| Q1 25 | $-5.4M | $7.3M | ||
| Q4 24 | $-4.0M | $5.6M | ||
| Q3 24 | $-4.3M | — | ||
| Q2 24 | $-22.0M | — | ||
| Q1 24 | $-7.1M | — |
| Q4 25 | -59.8% | 14.0% | ||
| Q3 25 | -50.7% | 20.0% | ||
| Q2 25 | -6.3% | 12.6% | ||
| Q1 25 | -16.6% | 22.0% | ||
| Q4 24 | -13.3% | 15.2% | ||
| Q3 24 | -15.4% | — | ||
| Q2 24 | -81.5% | — | ||
| Q1 24 | -27.4% | — |
| Q4 25 | 35.0% | 4.2% | ||
| Q3 25 | 4.3% | 4.6% | ||
| Q2 25 | 2.5% | 14.9% | ||
| Q1 25 | 1.7% | 4.8% | ||
| Q4 24 | 4.8% | 9.9% | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 5.3% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
