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

Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $43.2M, roughly 1.4× TrueCar, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs -7.2%). TrueCar, Inc. produced more free cash flow last quarter ($11.2M vs $-37.2M). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 2.3%).

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.

TrueCar, Inc. is an American car retailing website company headquartered in Santa Monica, California. It also maintains a sales office in Austin, Texas.

OUST vs TRUE — Head-to-Head

Bigger by revenue
OUST
OUST
1.4× larger
OUST
$62.2M
$43.2M
TRUE
Growing faster (revenue YoY)
OUST
OUST
+113.8% gap
OUST
106.6%
-7.2%
TRUE
More free cash flow
TRUE
TRUE
$48.4M more FCF
TRUE
$11.2M
$-37.2M
OUST
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
2.3%
TRUE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
OUST
OUST
TRUE
TRUE
Revenue
$62.2M
$43.2M
Net Profit
$5.0M
Gross Margin
60.2%
Operating Margin
1.5%
-17.0%
Net Margin
11.6%
Revenue YoY
106.6%
-7.2%
Net Profit YoY
185.7%
EPS (diluted)
$0.10

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
TRUE
TRUE
Q4 25
$62.2M
Q3 25
$39.5M
$43.2M
Q2 25
$35.0M
$47.0M
Q1 25
$32.6M
$44.8M
Q4 24
$30.1M
$46.2M
Q3 24
$28.1M
$46.5M
Q2 24
$27.0M
$41.8M
Q1 24
$25.9M
$41.1M
Net Profit
OUST
OUST
TRUE
TRUE
Q4 25
Q3 25
$-21.7M
$5.0M
Q2 25
$-20.6M
$-7.6M
Q1 25
$-22.0M
$-10.1M
Q4 24
$-5.8M
Q3 24
$-25.6M
$-5.8M
Q2 24
$-23.9M
$-13.5M
Q1 24
$-23.8M
$-5.8M
Gross Margin
OUST
OUST
TRUE
TRUE
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%
Operating Margin
OUST
OUST
TRUE
TRUE
Q4 25
1.5%
Q3 25
-61.4%
-17.0%
Q2 25
-76.5%
-18.3%
Q1 25
-73.0%
-25.0%
Q4 24
-85.1%
-15.4%
Q3 24
-98.0%
-15.9%
Q2 24
-93.6%
-36.3%
Q1 24
-99.5%
-18.2%
Net Margin
OUST
OUST
TRUE
TRUE
Q4 25
Q3 25
-55.0%
11.6%
Q2 25
-58.8%
-16.2%
Q1 25
-67.5%
-22.6%
Q4 24
-12.7%
Q3 24
-91.1%
-12.5%
Q2 24
-88.4%
-32.3%
Q1 24
-91.9%
-14.2%
EPS (diluted)
OUST
OUST
TRUE
TRUE
Q4 25
$0.10
Q3 25
$-0.37
Q2 25
$-0.38
Q1 25
$-0.42
Q4 24
$-0.46
Q3 24
$-0.54
Q2 24
$-0.53
Q1 24
$-0.55

Balance Sheet & Financial Strength

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

Metric
OUST
OUST
TRUE
TRUE
Cash + ST InvestmentsLiquidity on hand
$208.6M
$103.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$261.7M
$114.2M
Total Assets
$349.5M
$148.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OUST
OUST
TRUE
TRUE
Q4 25
$208.6M
Q3 25
$244.5M
$103.2M
Q2 25
$226.5M
$92.5M
Q1 25
$168.2M
$98.0M
Q4 24
$172.0M
$111.8M
Q3 24
$151.4M
$114.5M
Q2 24
$184.2M
$128.0M
Q1 24
$187.8M
$133.7M
Stockholders' Equity
OUST
OUST
TRUE
TRUE
Q4 25
$261.7M
Q3 25
$247.4M
$114.2M
Q2 25
$221.0M
$106.4M
Q1 25
$167.9M
$111.1M
Q4 24
$180.9M
$118.1M
Q3 24
$171.7M
$128.0M
Q2 24
$170.6M
$143.9M
Q1 24
$167.2M
$156.0M
Total Assets
OUST
OUST
TRUE
TRUE
Q4 25
$349.5M
Q3 25
$353.8M
$148.7M
Q2 25
$321.8M
$139.8M
Q1 25
$268.6M
$145.0M
Q4 24
$276.1M
$159.7M
Q3 24
$255.2M
$167.5M
Q2 24
$309.9M
$183.0M
Q1 24
$317.7M
$193.5M

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
TRUE
TRUE
Operating Cash FlowLast quarter
$-15.4M
$12.7M
Free Cash FlowOCF − Capex
$-37.2M
$11.2M
FCF MarginFCF / Revenue
-59.8%
25.9%
Capex IntensityCapex / Revenue
35.0%
3.5%
Cash ConversionOCF / Net Profit
2.55×
TTM Free Cash FlowTrailing 4 quarters
$-64.8M
$-19.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OUST
OUST
TRUE
TRUE
Q4 25
$-15.4M
Q3 25
$-18.3M
$12.7M
Q2 25
$-1.3M
$-2.8M
Q1 25
$-4.9M
$-7.9M
Q4 24
$-2.6M
$5.9M
Q3 24
$-3.8M
$1.8M
Q2 24
$-21.6M
$-2.0M
Q1 24
$-5.7M
$2.0M
Free Cash Flow
OUST
OUST
TRUE
TRUE
Q4 25
$-37.2M
Q3 25
$-20.0M
$11.2M
Q2 25
$-2.2M
$-4.8M
Q1 25
$-5.4M
$-10.6M
Q4 24
$-4.0M
$4.1M
Q3 24
$-4.3M
$-170.0K
Q2 24
$-22.0M
$-3.6M
Q1 24
$-7.1M
$-511.0K
FCF Margin
OUST
OUST
TRUE
TRUE
Q4 25
-59.8%
Q3 25
-50.7%
25.9%
Q2 25
-6.3%
-10.2%
Q1 25
-16.6%
-23.6%
Q4 24
-13.3%
9.0%
Q3 24
-15.4%
-0.4%
Q2 24
-81.5%
-8.7%
Q1 24
-27.4%
-1.2%
Capex Intensity
OUST
OUST
TRUE
TRUE
Q4 25
35.0%
Q3 25
4.3%
3.5%
Q2 25
2.5%
4.2%
Q1 25
1.7%
6.0%
Q4 24
4.8%
3.7%
Q3 24
2.0%
4.2%
Q2 24
1.3%
3.9%
Q1 24
5.3%
6.2%
Cash Conversion
OUST
OUST
TRUE
TRUE
Q4 25
Q3 25
2.55×
Q2 25
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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