vs

Side-by-side financial comparison of Ouster, Inc. (OUST) and Syndax Pharmaceuticals Inc (SNDX). Click either name above to swap in a different company.

Syndax Pharmaceuticals Inc is the larger business by last-quarter revenue ($68.5M vs $48.6M, roughly 1.4× Ouster, Inc.). Ouster, Inc. runs the higher net margin — 8.2% vs -99.3%, a 107.5% gap on every dollar of revenue. On growth, Syndax Pharmaceuticals Inc posted the faster year-over-year revenue change (791.7% vs 48.9%).

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.

Syndax Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company focused on developing innovative oncology therapies for patients with hard-to-treat cancers. Its pipeline includes targeted and immunotherapy candidates addressing unmet medical needs, primarily serving global oncology healthcare stakeholders and patient populations.

OUST vs SNDX — Head-to-Head

Bigger by revenue
SNDX
SNDX
1.4× larger
SNDX
$68.5M
$48.6M
OUST
Growing faster (revenue YoY)
SNDX
SNDX
+742.8% gap
SNDX
791.7%
48.9%
OUST
Higher net margin
OUST
OUST
107.5% more per $
OUST
8.2%
-99.3%
SNDX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OUST
OUST
SNDX
SNDX
Revenue
$48.6M
$68.5M
Net Profit
$4.0M
$-68.0M
Gross Margin
42.9%
Operating Margin
17.6%
-91.3%
Net Margin
8.2%
-99.3%
Revenue YoY
48.9%
791.7%
Net Profit YoY
27.8%
EPS (diluted)
$0.06
$-0.78

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
SNDX
SNDX
Q1 26
$48.6M
Q4 25
$62.2M
$68.5M
Q3 25
$39.5M
$45.9M
Q2 25
$35.0M
$38.0M
Q1 25
$32.6M
$20.0M
Q4 24
$30.1M
Q3 24
$28.1M
$12.5M
Q2 24
$27.0M
Net Profit
OUST
OUST
SNDX
SNDX
Q1 26
$4.0M
Q4 25
$-68.0M
Q3 25
$-21.7M
$-60.7M
Q2 25
$-20.6M
$-71.8M
Q1 25
$-22.0M
$-84.8M
Q4 24
Q3 24
$-25.6M
$-84.1M
Q2 24
$-23.9M
Gross Margin
OUST
OUST
SNDX
SNDX
Q1 26
42.9%
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%
Operating Margin
OUST
OUST
SNDX
SNDX
Q1 26
17.6%
Q4 25
1.5%
-91.3%
Q3 25
-61.4%
-125.2%
Q2 25
-76.5%
-182.7%
Q1 25
-73.0%
-417.9%
Q4 24
-85.1%
Q3 24
-98.0%
-716.6%
Q2 24
-93.6%
Net Margin
OUST
OUST
SNDX
SNDX
Q1 26
8.2%
Q4 25
-99.3%
Q3 25
-55.0%
-132.4%
Q2 25
-58.8%
-189.3%
Q1 25
-67.5%
-423.3%
Q4 24
Q3 24
-91.1%
-673.0%
Q2 24
-88.4%
EPS (diluted)
OUST
OUST
SNDX
SNDX
Q1 26
$0.06
Q4 25
$0.10
$-0.78
Q3 25
$-0.37
$-0.70
Q2 25
$-0.38
$-0.83
Q1 25
$-0.42
$-0.98
Q4 24
$-0.46
Q3 24
$-0.54
$-0.98
Q2 24
$-0.53

Balance Sheet & Financial Strength

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

Metric
OUST
OUST
SNDX
SNDX
Cash + ST InvestmentsLiquidity on hand
$173.1M
$394.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$275.6M
$64.6M
Total Assets
$381.5M
$529.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OUST
OUST
SNDX
SNDX
Q1 26
$173.1M
Q4 25
$208.6M
$394.1M
Q3 25
$244.5M
$436.0M
Q2 25
$226.5M
$455.2M
Q1 25
$168.2M
$512.2M
Q4 24
$172.0M
Q3 24
$151.4M
$389.6M
Q2 24
$184.2M
Stockholders' Equity
OUST
OUST
SNDX
SNDX
Q1 26
$275.6M
Q4 25
$261.7M
$64.6M
Q3 25
$247.4M
$115.4M
Q2 25
$221.0M
$157.4M
Q1 25
$167.9M
$215.1M
Q4 24
$180.9M
Q3 24
$171.7M
$366.4M
Q2 24
$170.6M
Total Assets
OUST
OUST
SNDX
SNDX
Q1 26
$381.5M
Q4 25
$349.5M
$529.7M
Q3 25
$353.8M
$551.8M
Q2 25
$321.8M
$596.1M
Q1 25
$268.6M
$640.7M
Q4 24
$276.1M
Q3 24
$255.2M
$425.8M
Q2 24
$309.9M

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
SNDX
SNDX
Operating Cash FlowLast quarter
$-69.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OUST
OUST
SNDX
SNDX
Q1 26
Q4 25
$-15.4M
$-69.5M
Q3 25
$-18.3M
$-70.5M
Q2 25
$-1.3M
$-87.8M
Q1 25
$-4.9M
$-95.2M
Q4 24
$-2.6M
Q3 24
$-3.8M
$-62.3M
Q2 24
$-21.6M
Free Cash Flow
OUST
OUST
SNDX
SNDX
Q1 26
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
FCF Margin
OUST
OUST
SNDX
SNDX
Q1 26
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%
Capex Intensity
OUST
OUST
SNDX
SNDX
Q1 26
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%

Financial Flow Comparison

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

Revenue Breakdown by Segment

OUST
OUST

Product revenue$48.2M99%
Royalties$347.0K1%

SNDX
SNDX

Segment breakdown not available.

Related Comparisons