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Side-by-side financial comparison of Ouster, Inc. (OUST) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.
SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $62.2M, roughly 1.5× Ouster, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 7.2%). Ouster, Inc. produced more free cash flow last quarter ($-37.2M vs $-78.6M). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 15.0%).
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.
Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.
OUST vs SHEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.2M | $91.6M |
| Net Profit | — | $-5.4M |
| Gross Margin | 60.2% | — |
| Operating Margin | 1.5% | -1.0% |
| Net Margin | — | -5.9% |
| Revenue YoY | 106.6% | 7.2% |
| Net Profit YoY | — | -95.8% |
| EPS (diluted) | $0.10 | $-0.13 |
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 | $91.6M | ||
| Q3 25 | $39.5M | $89.8M | ||
| Q2 25 | $35.0M | $88.6M | ||
| Q1 25 | $32.6M | $87.9M | ||
| Q4 24 | $30.1M | $85.4M | ||
| Q3 24 | $28.1M | $87.6M | ||
| Q2 24 | $27.0M | $85.8M | ||
| Q1 24 | $25.9M | $69.2M |
| Q4 25 | — | $-5.4M | ||
| Q3 25 | $-21.7M | $-9.4M | ||
| Q2 25 | $-20.6M | $-9.0M | ||
| Q1 25 | $-22.0M | $-9.1M | ||
| Q4 24 | — | $-2.7M | ||
| Q3 24 | $-25.6M | $-5.3M | ||
| Q2 24 | $-23.9M | $-12.9M | ||
| Q1 24 | $-23.8M | $214.7M |
| 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% | — |
| Q4 25 | 1.5% | -1.0% | ||
| Q3 25 | -61.4% | -8.0% | ||
| Q2 25 | -76.5% | -10.3% | ||
| Q1 25 | -73.0% | -6.9% | ||
| Q4 24 | -85.1% | -6.7% | ||
| Q3 24 | -98.0% | -4.8% | ||
| Q2 24 | -93.6% | -18.5% | ||
| Q1 24 | -99.5% | -4.0% |
| Q4 25 | — | -5.9% | ||
| Q3 25 | -55.0% | -10.5% | ||
| Q2 25 | -58.8% | -10.2% | ||
| Q1 25 | -67.5% | -10.4% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | -91.1% | -6.0% | ||
| Q2 24 | -88.4% | -15.0% | ||
| Q1 24 | -91.9% | 310.0% |
| Q4 25 | $0.10 | $-0.13 | ||
| Q3 25 | $-0.37 | $-0.20 | ||
| Q2 25 | $-0.38 | $-0.19 | ||
| Q1 25 | $-0.42 | $-0.19 | ||
| Q4 24 | $-0.46 | $-0.34 | ||
| Q3 24 | $-0.54 | $-0.13 | ||
| Q2 24 | $-0.53 | $-0.24 | ||
| Q1 24 | $-0.55 | $4.25 |
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 | $27.3M |
| Total DebtLower is stronger | — | $642.4M |
| Stockholders' EquityBook value | $261.7M | $880.8M |
| Total Assets | $349.5M | $1.9B |
| Debt / EquityLower = less leverage | — | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $208.6M | $27.3M | ||
| Q3 25 | $244.5M | $22.6M | ||
| Q2 25 | $226.5M | $29.1M | ||
| Q1 25 | $168.2M | $87.5M | ||
| Q4 24 | $172.0M | $46.3M | ||
| Q3 24 | $151.4M | $43.1M | ||
| Q2 24 | $184.2M | $43.8M | ||
| Q1 24 | $187.8M | $389.7M |
| Q4 25 | — | $642.4M | ||
| Q3 25 | — | $535.4M | ||
| Q2 25 | — | $513.1M | ||
| Q1 25 | — | $515.8M | ||
| Q4 24 | — | $418.0M | ||
| Q3 24 | — | $345.2M | ||
| Q2 24 | — | $297.4M | ||
| Q1 24 | — | $298.7M |
| Q4 25 | $261.7M | $880.8M | ||
| Q3 25 | $247.4M | $892.7M | ||
| Q2 25 | $221.0M | $902.0M | ||
| Q1 25 | $167.9M | $910.5M | ||
| Q4 24 | $180.9M | $918.6M | ||
| Q3 24 | $171.7M | $925.4M | ||
| Q2 24 | $170.6M | $933.1M | ||
| Q1 24 | $167.2M | $871.6M |
| Q4 25 | $349.5M | $1.9B | ||
| Q3 25 | $353.8M | $1.9B | ||
| Q2 25 | $321.8M | $1.8B | ||
| Q1 25 | $268.6M | $1.8B | ||
| Q4 24 | $276.1M | $1.7B | ||
| Q3 24 | $255.2M | $1.7B | ||
| Q2 24 | $309.9M | $1.7B | ||
| Q1 24 | $317.7M | $1.4B |
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.32× | ||
| Q1 24 | — | 0.34× |
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 | $28.8M |
| Free Cash FlowOCF − Capex | $-37.2M | $-78.6M |
| FCF MarginFCF / Revenue | -59.8% | -85.8% |
| Capex IntensityCapex / Revenue | 35.0% | 117.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-64.8M | $-257.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.4M | $28.8M | ||
| Q3 25 | $-18.3M | $30.7M | ||
| Q2 25 | $-1.3M | $20.9M | ||
| Q1 25 | $-4.9M | $20.5M | ||
| Q4 24 | $-2.6M | $20.6M | ||
| Q3 24 | $-3.8M | $24.3M | ||
| Q2 24 | $-21.6M | $2.5M | ||
| Q1 24 | $-5.7M | $15.2M |
| Q4 25 | $-37.2M | $-78.6M | ||
| Q3 25 | $-20.0M | $-51.4M | ||
| Q2 25 | $-2.2M | $-65.3M | ||
| Q1 25 | $-5.4M | $-62.7M | ||
| Q4 24 | $-4.0M | $-72.0M | ||
| Q3 24 | $-4.3M | $-51.3M | ||
| Q2 24 | $-22.0M | $-78.3M | ||
| Q1 24 | $-7.1M | $-54.9M |
| Q4 25 | -59.8% | -85.8% | ||
| Q3 25 | -50.7% | -57.2% | ||
| Q2 25 | -6.3% | -73.7% | ||
| Q1 25 | -16.6% | -71.3% | ||
| Q4 24 | -13.3% | -84.3% | ||
| Q3 24 | -15.4% | -58.5% | ||
| Q2 24 | -81.5% | -91.3% | ||
| Q1 24 | -27.4% | -79.3% |
| Q4 25 | 35.0% | 117.2% | ||
| Q3 25 | 4.3% | 91.4% | ||
| Q2 25 | 2.5% | 97.3% | ||
| Q1 25 | 1.7% | 94.7% | ||
| Q4 24 | 4.8% | 108.4% | ||
| Q3 24 | 2.0% | 86.2% | ||
| Q2 24 | 1.3% | 94.2% | ||
| Q1 24 | 5.3% | 101.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OUST
Segment breakdown not available.
SHEN
| Residential And SMB Incumbent Broadband | $41.5M | 45% |
| Residential And SMB Glo Fiber Expansion Markets | $23.0M | 25% |
| Commercial Fiber | $20.3M | 22% |
| RLEC Other | $6.8M | 7% |
