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Side-by-side financial comparison of Ouster, Inc. (OUST) and RHYTHM PHARMACEUTICALS, INC. (RYTM). Click either name above to swap in a different company.

Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $57.3M, roughly 1.1× RHYTHM PHARMACEUTICALS, INC.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 36.9%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 48.5%).

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.

Rhythm Pharmaceuticals is a biopharmaceutical firm focused on developing and commercializing targeted therapies for rare genetic disorders causing severe unmanageable obesity, including POMC deficiency, LEPR deficiency, and Bardet-Biedl syndrome. It serves patients in North America and Europe who lack effective standard treatments for their chronic life-altering conditions.

OUST vs RYTM — Head-to-Head

Bigger by revenue
OUST
OUST
1.1× larger
OUST
$62.2M
$57.3M
RYTM
Growing faster (revenue YoY)
OUST
OUST
+69.8% gap
OUST
106.6%
36.9%
RYTM
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
48.5%
RYTM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OUST
OUST
RYTM
RYTM
Revenue
$62.2M
$57.3M
Net Profit
$-47.5M
Gross Margin
60.2%
91.6%
Operating Margin
1.5%
-82.2%
Net Margin
-83.0%
Revenue YoY
106.6%
36.9%
Net Profit YoY
-9.6%
EPS (diluted)
$0.10
$-0.73

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
OUST
OUST
RYTM
RYTM
Q4 25
$62.2M
$57.3M
Q3 25
$39.5M
$51.3M
Q2 25
$35.0M
$48.5M
Q1 25
$32.6M
$32.7M
Q4 24
$30.1M
$41.8M
Q3 24
$28.1M
$33.3M
Q2 24
$27.0M
$29.1M
Q1 24
$25.9M
$26.0M
Net Profit
OUST
OUST
RYTM
RYTM
Q4 25
$-47.5M
Q3 25
$-21.7M
$-52.9M
Q2 25
$-20.6M
$-46.6M
Q1 25
$-22.0M
$-49.5M
Q4 24
$-43.3M
Q3 24
$-25.6M
$-43.6M
Q2 24
$-23.9M
$-32.3M
Q1 24
$-23.8M
$-141.4M
Gross Margin
OUST
OUST
RYTM
RYTM
Q4 25
60.2%
91.6%
Q3 25
42.1%
89.3%
Q2 25
45.2%
88.6%
Q1 25
41.3%
88.8%
Q4 24
43.8%
90.9%
Q3 24
38.3%
88.5%
Q2 24
33.7%
89.9%
Q1 24
28.6%
89.2%
Operating Margin
OUST
OUST
RYTM
RYTM
Q4 25
1.5%
-82.2%
Q3 25
-61.4%
-102.6%
Q2 25
-76.5%
-93.4%
Q1 25
-73.0%
-143.7%
Q4 24
-85.1%
-98.6%
Q3 24
-98.0%
-132.0%
Q2 24
-93.6%
-139.2%
Q1 24
-99.5%
-538.7%
Net Margin
OUST
OUST
RYTM
RYTM
Q4 25
-83.0%
Q3 25
-55.0%
-103.1%
Q2 25
-58.8%
-96.1%
Q1 25
-67.5%
-151.4%
Q4 24
-103.6%
Q3 24
-91.1%
-131.2%
Q2 24
-88.4%
-110.9%
Q1 24
-91.9%
-544.4%
EPS (diluted)
OUST
OUST
RYTM
RYTM
Q4 25
$0.10
$-0.73
Q3 25
$-0.37
$-0.82
Q2 25
$-0.38
$-0.75
Q1 25
$-0.42
$-0.81
Q4 24
$-0.46
$-0.71
Q3 24
$-0.54
$-0.73
Q2 24
$-0.53
$-0.55
Q1 24
$-0.55
$-2.35

Balance Sheet & Financial Strength

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

Metric
OUST
OUST
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$208.6M
$388.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$261.7M
$139.1M
Total Assets
$349.5M
$480.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OUST
OUST
RYTM
RYTM
Q4 25
$208.6M
$388.9M
Q3 25
$244.5M
$416.1M
Q2 25
$226.5M
$291.0M
Q1 25
$168.2M
$314.5M
Q4 24
$172.0M
$320.6M
Q3 24
$151.4M
$298.4M
Q2 24
$184.2M
$319.1M
Q1 24
$187.8M
$201.2M
Stockholders' Equity
OUST
OUST
RYTM
RYTM
Q4 25
$261.7M
$139.1M
Q3 25
$247.4M
$148.8M
Q2 25
$221.0M
$-11.9M
Q1 25
$167.9M
$18.9M
Q4 24
$180.9M
$21.7M
Q3 24
$171.7M
$11.2M
Q2 24
$170.6M
$39.3M
Q1 24
$167.2M
$61.6M
Total Assets
OUST
OUST
RYTM
RYTM
Q4 25
$349.5M
$480.2M
Q3 25
$353.8M
$506.9M
Q2 25
$321.8M
$372.7M
Q1 25
$268.6M
$386.7M
Q4 24
$276.1M
$392.3M
Q3 24
$255.2M
$363.6M
Q2 24
$309.9M
$381.8M
Q1 24
$317.7M
$258.7M

Cash Flow & Capital Efficiency

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

Metric
OUST
OUST
RYTM
RYTM
Operating Cash FlowLast quarter
$-15.4M
$-25.4M
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.

Operating Cash Flow
OUST
OUST
RYTM
RYTM
Q4 25
$-15.4M
$-25.4M
Q3 25
$-18.3M
$-26.6M
Q2 25
$-1.3M
$-23.3M
Q1 25
$-4.9M
$-40.4M
Q4 24
$-2.6M
$-18.8M
Q3 24
$-3.8M
$-25.2M
Q2 24
$-21.6M
$-29.1M
Q1 24
$-5.7M
$-40.7M
Free Cash Flow
OUST
OUST
RYTM
RYTM
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
FCF Margin
OUST
OUST
RYTM
RYTM
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%
Capex Intensity
OUST
OUST
RYTM
RYTM
Q4 25
35.0%
Q3 25
4.3%
Q2 25
2.5%
Q1 25
1.7%
Q4 24
4.8%
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.

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