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

Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $47.1M, roughly 1.3× STEM, INC.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs -15.6%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 36.1%).

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.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

OUST vs STEM — Head-to-Head

Bigger by revenue
OUST
OUST
1.3× larger
OUST
$62.2M
$47.1M
STEM
Growing faster (revenue YoY)
OUST
OUST
+122.2% gap
OUST
106.6%
-15.6%
STEM
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
36.1%
STEM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OUST
OUST
STEM
STEM
Revenue
$62.2M
$47.1M
Net Profit
$-16.0M
Gross Margin
60.2%
48.9%
Operating Margin
1.5%
-17.7%
Net Margin
-33.9%
Revenue YoY
106.6%
-15.6%
Net Profit YoY
68.8%
EPS (diluted)
$0.10
$-4.40

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
STEM
STEM
Q4 25
$62.2M
$47.1M
Q3 25
$39.5M
$38.2M
Q2 25
$35.0M
$38.4M
Q1 25
$32.6M
$32.5M
Q4 24
$30.1M
$55.8M
Q3 24
$28.1M
$29.3M
Q2 24
$27.0M
$34.0M
Q1 24
$25.9M
$25.5M
Net Profit
OUST
OUST
STEM
STEM
Q4 25
$-16.0M
Q3 25
$-21.7M
$-23.8M
Q2 25
$-20.6M
$202.5M
Q1 25
$-22.0M
$-25.0M
Q4 24
$-51.1M
Q3 24
$-25.6M
$-148.3M
Q2 24
$-23.9M
$-582.3M
Q1 24
$-23.8M
$-72.3M
Gross Margin
OUST
OUST
STEM
STEM
Q4 25
60.2%
48.9%
Q3 25
42.1%
35.5%
Q2 25
45.2%
33.4%
Q1 25
41.3%
32.4%
Q4 24
43.8%
-4.4%
Q3 24
38.3%
21.2%
Q2 24
33.7%
27.6%
Q1 24
28.6%
-95.0%
Operating Margin
OUST
OUST
STEM
STEM
Q4 25
1.5%
-17.7%
Q3 25
-61.4%
-33.6%
Q2 25
-76.5%
-34.8%
Q1 25
-73.0%
-65.0%
Q4 24
-85.1%
-84.4%
Q3 24
-98.0%
-493.2%
Q2 24
-93.6%
-1705.5%
Q1 24
-99.5%
-267.0%
Net Margin
OUST
OUST
STEM
STEM
Q4 25
-33.9%
Q3 25
-55.0%
-62.2%
Q2 25
-58.8%
527.8%
Q1 25
-67.5%
-76.9%
Q4 24
-91.6%
Q3 24
-91.1%
-506.3%
Q2 24
-88.4%
-1712.6%
Q1 24
-91.9%
-283.9%
EPS (diluted)
OUST
OUST
STEM
STEM
Q4 25
$0.10
$-4.40
Q3 25
$-0.37
$-2.84
Q2 25
$-0.38
$-1.79
Q1 25
$-0.42
$-0.15
Q4 24
$-0.46
$-15.29
Q3 24
$-0.54
$-18.24
Q2 24
$-0.53
$-71.81
Q1 24
$-0.55
$-0.46

Balance Sheet & Financial Strength

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

Metric
OUST
OUST
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$208.6M
$48.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$261.7M
$-249.4M
Total Assets
$349.5M
$308.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OUST
OUST
STEM
STEM
Q4 25
$208.6M
$48.9M
Q3 25
$244.5M
$43.1M
Q2 25
$226.5M
$40.8M
Q1 25
$168.2M
$58.6M
Q4 24
$172.0M
$56.3M
Q3 24
$151.4M
$75.4M
Q2 24
$184.2M
$89.6M
Q1 24
$187.8M
$112.8M
Stockholders' Equity
OUST
OUST
STEM
STEM
Q4 25
$261.7M
$-249.4M
Q3 25
$247.4M
$-235.7M
Q2 25
$221.0M
$-214.1M
Q1 25
$167.9M
$-417.5M
Q4 24
$180.9M
$-398.4M
Q3 24
$171.7M
$-344.1M
Q2 24
$170.6M
$-203.2M
Q1 24
$167.2M
$371.6M
Total Assets
OUST
OUST
STEM
STEM
Q4 25
$349.5M
$308.9M
Q3 25
$353.8M
$362.6M
Q2 25
$321.8M
$379.2M
Q1 25
$268.6M
$405.1M
Q4 24
$276.1M
$437.4M
Q3 24
$255.2M
$537.8M
Q2 24
$309.9M
$691.5M
Q1 24
$317.7M
$1.3B

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
STEM
STEM
Operating Cash FlowLast quarter
$-15.4M
$8.2M
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
STEM
STEM
Q4 25
$-15.4M
$8.2M
Q3 25
$-18.3M
$11.4M
Q2 25
$-1.3M
$-21.3M
Q1 25
$-4.9M
$8.5M
Q4 24
$-2.6M
$-14.7M
Q3 24
$-3.8M
$-9.4M
Q2 24
$-21.6M
$-11.9M
Q1 24
$-5.7M
$-621.0K
Free Cash Flow
OUST
OUST
STEM
STEM
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
STEM
STEM
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
STEM
STEM
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%
Cash Conversion
OUST
OUST
STEM
STEM
Q4 25
Q3 25
Q2 25
-0.11×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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