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Side-by-side financial comparison of Ouster, Inc. (OUST) and SOUNDHOUND AI, INC. (SOUN). Click either name above to swap in a different company.
Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $55.1M, roughly 1.1× SOUNDHOUND AI, INC.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 59.4%). SOUNDHOUND AI, INC. produced more free cash flow last quarter ($-22.3M vs $-37.2M). Over the past eight quarters, SOUNDHOUND AI, INC.'s revenue compounded faster (117.9% CAGR vs 54.8%).
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.
SoundHound AI, Inc. is an American music and speech recognition company based in Santa Clara, California. It was originally founded as Melodis in 2005 before rebranding to SoundHound Inc. in 2010, and SoundHound AI in 2022.
OUST vs SOUN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.2M | $55.1M |
| Net Profit | — | $40.1M |
| Gross Margin | 60.2% | 47.9% |
| Operating Margin | 1.5% | 77.3% |
| Net Margin | — | 72.8% |
| Revenue YoY | 106.6% | 59.4% |
| Net Profit YoY | — | 115.5% |
| 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 | $55.1M | ||
| Q3 25 | $39.5M | $42.0M | ||
| Q2 25 | $35.0M | $42.7M | ||
| Q1 25 | $32.6M | $29.1M | ||
| Q4 24 | $30.1M | $34.5M | ||
| Q3 24 | $28.1M | $25.1M | ||
| Q2 24 | $27.0M | $13.5M | ||
| Q1 24 | $25.9M | $11.6M |
| Q4 25 | — | $40.1M | ||
| Q3 25 | $-21.7M | $-109.3M | ||
| Q2 25 | $-20.6M | $-74.7M | ||
| Q1 25 | $-22.0M | $129.9M | ||
| Q4 24 | — | $-258.6M | ||
| Q3 24 | $-25.6M | $-21.8M | ||
| Q2 24 | $-23.9M | $-37.3M | ||
| Q1 24 | $-23.8M | $-33.0M |
| Q4 25 | 60.2% | 47.9% | ||
| Q3 25 | 42.1% | 42.6% | ||
| Q2 25 | 45.2% | 39.0% | ||
| Q1 25 | 41.3% | 36.5% | ||
| Q4 24 | 43.8% | 39.9% | ||
| Q3 24 | 38.3% | 48.6% | ||
| Q2 24 | 33.7% | 63.0% | ||
| Q1 24 | 28.6% | 59.7% |
| Q4 25 | 1.5% | 77.3% | ||
| Q3 25 | -61.4% | -275.6% | ||
| Q2 25 | -76.5% | -182.9% | ||
| Q1 25 | -73.0% | — | ||
| Q4 24 | -85.1% | -744.2% | ||
| Q3 24 | -98.0% | -134.6% | ||
| Q2 24 | -93.6% | -163.3% | ||
| Q1 24 | -99.5% | -246.1% |
| Q4 25 | — | 72.8% | ||
| Q3 25 | -55.0% | -259.9% | ||
| Q2 25 | -58.8% | -175.1% | ||
| Q1 25 | -67.5% | 446.1% | ||
| Q4 24 | — | -748.6% | ||
| Q3 24 | -91.1% | -86.7% | ||
| Q2 24 | -88.4% | -277.2% | ||
| Q1 24 | -91.9% | -284.7% |
| Q4 25 | $0.10 | $-0.13 | ||
| Q3 25 | $-0.37 | $-0.27 | ||
| Q2 25 | $-0.38 | $-0.19 | ||
| Q1 25 | $-0.42 | $0.31 | ||
| Q4 24 | $-0.46 | $-0.75 | ||
| Q3 24 | $-0.54 | $-0.06 | ||
| Q2 24 | $-0.53 | $-0.11 | ||
| Q1 24 | $-0.55 | $-0.12 |
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 | $248.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $261.7M | $463.8M |
| Total Assets | $349.5M | $688.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $208.6M | $248.5M | ||
| Q3 25 | $244.5M | $268.9M | ||
| Q2 25 | $226.5M | $230.3M | ||
| Q1 25 | $168.2M | $245.8M | ||
| Q4 24 | $172.0M | $198.2M | ||
| Q3 24 | $151.4M | $135.6M | ||
| Q2 24 | $184.2M | $200.2M | ||
| Q1 24 | $187.8M | $211.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $85.5M |
| Q4 25 | $261.7M | $463.8M | ||
| Q3 25 | $247.4M | $399.2M | ||
| Q2 25 | $221.0M | $359.8M | ||
| Q1 25 | $167.9M | $397.0M | ||
| Q4 24 | $180.9M | $182.7M | ||
| Q3 24 | $171.7M | $296.0M | ||
| Q2 24 | $170.6M | $223.9M | ||
| Q1 24 | $167.2M | $155.5M |
| Q4 25 | $349.5M | $688.2M | ||
| Q3 25 | $353.8M | $702.2M | ||
| Q2 25 | $321.8M | $579.5M | ||
| Q1 25 | $268.6M | $587.5M | ||
| Q4 24 | $276.1M | $554.0M | ||
| Q3 24 | $255.2M | $499.7M | ||
| Q2 24 | $309.9M | $266.7M | ||
| Q1 24 | $317.7M | $287.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.55× |
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 | $-21.9M |
| Free Cash FlowOCF − Capex | $-37.2M | $-22.3M |
| FCF MarginFCF / Revenue | -59.8% | -40.4% |
| Capex IntensityCapex / Revenue | 35.0% | 0.7% |
| Cash ConversionOCF / Net Profit | — | -0.55× |
| TTM Free Cash FlowTrailing 4 quarters | $-64.8M | $-99.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-15.4M | $-21.9M | ||
| Q3 25 | $-18.3M | $-32.7M | ||
| Q2 25 | $-1.3M | $-24.5M | ||
| Q1 25 | $-4.9M | $-19.2M | ||
| Q4 24 | $-2.6M | $-33.1M | ||
| Q3 24 | $-3.8M | $-35.3M | ||
| Q2 24 | $-21.6M | $-18.5M | ||
| Q1 24 | $-5.7M | $-21.9M |
| Q4 25 | $-37.2M | $-22.3M | ||
| Q3 25 | $-20.0M | $-32.8M | ||
| Q2 25 | $-2.2M | $-24.7M | ||
| Q1 25 | $-5.4M | $-19.3M | ||
| Q4 24 | $-4.0M | $-33.2M | ||
| Q3 24 | $-4.3M | $-35.5M | ||
| Q2 24 | $-22.0M | $-18.7M | ||
| Q1 24 | $-7.1M | $-22.0M |
| Q4 25 | -59.8% | -40.4% | ||
| Q3 25 | -50.7% | -78.1% | ||
| Q2 25 | -6.3% | -57.8% | ||
| Q1 25 | -16.6% | -66.4% | ||
| Q4 24 | -13.3% | -96.1% | ||
| Q3 24 | -15.4% | -141.6% | ||
| Q2 24 | -81.5% | -139.1% | ||
| Q1 24 | -27.4% | -190.2% |
| Q4 25 | 35.0% | 0.7% | ||
| Q3 25 | 4.3% | 0.4% | ||
| Q2 25 | 2.5% | 0.4% | ||
| Q1 25 | 1.7% | 0.6% | ||
| Q4 24 | 4.8% | 0.2% | ||
| Q3 24 | 2.0% | 0.9% | ||
| Q2 24 | 1.3% | 1.8% | ||
| Q1 24 | 5.3% | 0.9% |
| Q4 25 | — | -0.55× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.15× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OUST
Segment breakdown not available.
SOUN
| Hosted Services | $37.7M | 68% |
| Licensing | $12.6M | 23% |
| Professional Service | $4.6M | 8% |
