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

Ouster, Inc. is the larger business by last-quarter revenue ($48.6M vs $27.2M, roughly 1.8× SUNation Energy, Inc.). SUNation Energy, Inc. runs the higher net margin — 9.6% vs 8.2%, a 1.4% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs 48.9%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% CAGR vs 34.2%).

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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

OUST vs SUNE — Head-to-Head

Bigger by revenue
OUST
OUST
1.8× larger
OUST
$48.6M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+28.1% gap
SUNE
77.0%
48.9%
OUST
Higher net margin
SUNE
SUNE
1.4% more per $
SUNE
9.6%
8.2%
OUST
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
34.2%
OUST

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OUST
OUST
SUNE
SUNE
Revenue
$48.6M
$27.2M
Net Profit
$4.0M
$2.6M
Gross Margin
42.9%
40.7%
Operating Margin
17.6%
10.7%
Net Margin
8.2%
9.6%
Revenue YoY
48.9%
77.0%
Net Profit YoY
138.2%
EPS (diluted)
$0.06
$105.59

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
SUNE
SUNE
Q1 26
$48.6M
Q4 25
$62.2M
$27.2M
Q3 25
$39.5M
$19.0M
Q2 25
$35.0M
$13.1M
Q1 25
$32.6M
$12.6M
Q4 24
$30.1M
$15.4M
Q3 24
$28.1M
$14.7M
Q2 24
$27.0M
$13.5M
Net Profit
OUST
OUST
SUNE
SUNE
Q1 26
$4.0M
Q4 25
$2.6M
Q3 25
$-21.7M
$-393.0K
Q2 25
$-20.6M
$-9.6M
Q1 25
$-22.0M
$-3.5M
Q4 24
$-6.8M
Q3 24
$-25.6M
$-3.3M
Q2 24
$-23.9M
$-6.9M
Gross Margin
OUST
OUST
SUNE
SUNE
Q1 26
42.9%
Q4 25
60.2%
40.7%
Q3 25
42.1%
38.0%
Q2 25
45.2%
37.0%
Q1 25
41.3%
35.1%
Q4 24
43.8%
36.4%
Q3 24
38.3%
35.6%
Q2 24
33.7%
35.4%
Operating Margin
OUST
OUST
SUNE
SUNE
Q1 26
17.6%
Q4 25
1.5%
10.7%
Q3 25
-61.4%
-1.3%
Q2 25
-76.5%
-16.6%
Q1 25
-73.0%
-17.2%
Q4 24
-85.1%
-42.3%
Q3 24
-98.0%
-10.9%
Q2 24
-93.6%
-15.0%
Net Margin
OUST
OUST
SUNE
SUNE
Q1 26
8.2%
Q4 25
9.6%
Q3 25
-55.0%
-2.1%
Q2 25
-58.8%
-73.5%
Q1 25
-67.5%
-27.7%
Q4 24
-44.4%
Q3 24
-91.1%
-22.4%
Q2 24
-88.4%
-51.2%
EPS (diluted)
OUST
OUST
SUNE
SUNE
Q1 26
$0.06
Q4 25
$0.10
$105.59
Q3 25
$-0.37
$-0.12
Q2 25
$-0.38
$-3.14
Q1 25
$-0.42
$-106.71
Q4 24
$-0.46
$41676.94
Q3 24
$-0.54
$-2350.12
Q2 24
$-0.53
$-11022.91

Balance Sheet & Financial Strength

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

Metric
OUST
OUST
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$173.1M
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$275.6M
$24.3M
Total Assets
$381.5M
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OUST
OUST
SUNE
SUNE
Q1 26
$173.1M
Q4 25
$208.6M
$7.2M
Q3 25
$244.5M
$5.4M
Q2 25
$226.5M
$3.2M
Q1 25
$168.2M
$1.4M
Q4 24
$172.0M
$839.3K
Q3 24
$151.4M
$1.1M
Q2 24
$184.2M
$1.0M
Total Debt
OUST
OUST
SUNE
SUNE
Q1 26
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
OUST
OUST
SUNE
SUNE
Q1 26
$275.6M
Q4 25
$261.7M
$24.3M
Q3 25
$247.4M
$21.7M
Q2 25
$221.0M
$22.1M
Q1 25
$167.9M
$14.8M
Q4 24
$180.9M
$8.5M
Q3 24
$171.7M
$13.1M
Q2 24
$170.6M
$-10.9M
Total Assets
OUST
OUST
SUNE
SUNE
Q1 26
$381.5M
Q4 25
$349.5M
$48.2M
Q3 25
$353.8M
$49.6M
Q2 25
$321.8M
$44.1M
Q1 25
$268.6M
$44.4M
Q4 24
$276.1M
$45.7M
Q3 24
$255.2M
$51.0M
Q2 24
$309.9M
$52.9M
Debt / Equity
OUST
OUST
SUNE
SUNE
Q1 26
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
SUNE
SUNE
Operating Cash FlowLast quarter
$2.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OUST
OUST
SUNE
SUNE
Q1 26
Q4 25
$-15.4M
$2.1M
Q3 25
$-18.3M
$2.4M
Q2 25
$-1.3M
$-130.2K
Q1 25
$-4.9M
$-3.4M
Q4 24
$-2.6M
$-1.9M
Q3 24
$-3.8M
$-968.1K
Q2 24
$-21.6M
$-776.4K
Free Cash Flow
OUST
OUST
SUNE
SUNE
Q1 26
Q4 25
$-37.2M
Q3 25
$-20.0M
$2.4M
Q2 25
$-2.2M
Q1 25
$-5.4M
Q4 24
$-4.0M
$-1.9M
Q3 24
$-4.3M
$-980.3K
Q2 24
$-22.0M
$-788.4K
FCF Margin
OUST
OUST
SUNE
SUNE
Q1 26
Q4 25
-59.8%
Q3 25
-50.7%
12.5%
Q2 25
-6.3%
Q1 25
-16.6%
Q4 24
-13.3%
-12.4%
Q3 24
-15.4%
-6.7%
Q2 24
-81.5%
-5.8%
Capex Intensity
OUST
OUST
SUNE
SUNE
Q1 26
Q4 25
35.0%
Q3 25
4.3%
0.0%
Q2 25
2.5%
Q1 25
1.7%
Q4 24
4.8%
0.0%
Q3 24
2.0%
0.1%
Q2 24
1.3%
0.1%
Cash Conversion
OUST
OUST
SUNE
SUNE
Q1 26
Q4 25
0.81×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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%

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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