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

VICOR CORP is the larger business by last-quarter revenue ($113.0M vs $62.2M, roughly 1.8× Ouster, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 20.2%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 14.7%).

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.

Vicor Corporation is a manufacturer of power modules headquartered in Andover, Massachusetts.

OUST vs VICR — Head-to-Head

Bigger by revenue
VICR
VICR
1.8× larger
VICR
$113.0M
$62.2M
OUST
Growing faster (revenue YoY)
OUST
OUST
+86.4% gap
OUST
106.6%
20.2%
VICR
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
14.7%
VICR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OUST
OUST
VICR
VICR
Revenue
$62.2M
$113.0M
Net Profit
$20.7M
Gross Margin
60.2%
Operating Margin
1.5%
59.7%
Net Margin
18.3%
Revenue YoY
106.6%
20.2%
Net Profit YoY
713.9%
EPS (diluted)
$0.10
$0.44

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
VICR
VICR
Q1 26
$113.0M
Q4 25
$62.2M
$107.3M
Q3 25
$39.5M
$110.4M
Q2 25
$35.0M
$96.0M
Q1 25
$32.6M
$94.0M
Q4 24
$30.1M
$96.2M
Q3 24
$28.1M
$93.2M
Q2 24
$27.0M
$85.9M
Net Profit
OUST
OUST
VICR
VICR
Q1 26
$20.7M
Q4 25
$46.5M
Q3 25
$-21.7M
$28.3M
Q2 25
$-20.6M
$41.2M
Q1 25
$-22.0M
$2.5M
Q4 24
$10.2M
Q3 24
$-25.6M
$11.6M
Q2 24
$-23.9M
$-1.2M
Gross Margin
OUST
OUST
VICR
VICR
Q1 26
Q4 25
60.2%
55.4%
Q3 25
42.1%
57.5%
Q2 25
45.2%
95.9%
Q1 25
41.3%
47.2%
Q4 24
43.8%
52.4%
Q3 24
38.3%
49.1%
Q2 24
33.7%
49.8%
Operating Margin
OUST
OUST
VICR
VICR
Q1 26
59.7%
Q4 25
1.5%
14.6%
Q3 25
-61.4%
18.9%
Q2 25
-76.5%
47.3%
Q1 25
-73.0%
-0.2%
Q4 24
-85.1%
9.6%
Q3 24
-98.0%
5.8%
Q2 24
-93.6%
0.2%
Net Margin
OUST
OUST
VICR
VICR
Q1 26
18.3%
Q4 25
43.4%
Q3 25
-55.0%
25.6%
Q2 25
-58.8%
42.9%
Q1 25
-67.5%
2.7%
Q4 24
10.7%
Q3 24
-91.1%
12.4%
Q2 24
-88.4%
-1.4%
EPS (diluted)
OUST
OUST
VICR
VICR
Q1 26
$0.44
Q4 25
$0.10
$1.01
Q3 25
$-0.37
$0.63
Q2 25
$-0.38
$0.91
Q1 25
$-0.42
$0.06
Q4 24
$-0.46
$0.24
Q3 24
$-0.54
$0.26
Q2 24
$-0.53
$-0.03

Balance Sheet & Financial Strength

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

Metric
OUST
OUST
VICR
VICR
Cash + ST InvestmentsLiquidity on hand
$208.6M
$404.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$261.7M
$754.1M
Total Assets
$349.5M
$804.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OUST
OUST
VICR
VICR
Q1 26
$404.2M
Q4 25
$208.6M
$402.8M
Q3 25
$244.5M
$362.4M
Q2 25
$226.5M
$338.5M
Q1 25
$168.2M
$296.1M
Q4 24
$172.0M
$277.3M
Q3 24
$151.4M
$267.6M
Q2 24
$184.2M
$251.9M
Stockholders' Equity
OUST
OUST
VICR
VICR
Q1 26
$754.1M
Q4 25
$261.7M
$711.6M
Q3 25
$247.4M
$630.1M
Q2 25
$221.0M
$608.6M
Q1 25
$167.9M
$580.3M
Q4 24
$180.9M
$570.1M
Q3 24
$171.7M
$554.6M
Q2 24
$170.6M
$537.2M
Total Assets
OUST
OUST
VICR
VICR
Q1 26
$804.9M
Q4 25
$349.5M
$785.8M
Q3 25
$353.8M
$710.2M
Q2 25
$321.8M
$693.5M
Q1 25
$268.6M
$665.0M
Q4 24
$276.1M
$641.1M
Q3 24
$255.2M
$632.8M
Q2 24
$309.9M
$613.2M

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
VICR
VICR
Operating Cash FlowLast quarter
$-15.4M
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
VICR
VICR
Q1 26
Q4 25
$-15.4M
$15.7M
Q3 25
$-18.3M
$38.5M
Q2 25
$-1.3M
$65.2M
Q1 25
$-4.9M
$20.1M
Q4 24
$-2.6M
$10.1M
Q3 24
$-3.8M
$22.6M
Q2 24
$-21.6M
$15.6M
Free Cash Flow
OUST
OUST
VICR
VICR
Q1 26
Q4 25
$-37.2M
$10.2M
Q3 25
$-20.0M
$34.5M
Q2 25
$-2.2M
$59.0M
Q1 25
$-5.4M
$15.6M
Q4 24
$-4.0M
$8.4M
Q3 24
$-4.3M
$14.1M
Q2 24
$-22.0M
$9.4M
FCF Margin
OUST
OUST
VICR
VICR
Q1 26
Q4 25
-59.8%
9.5%
Q3 25
-50.7%
31.2%
Q2 25
-6.3%
61.5%
Q1 25
-16.6%
16.6%
Q4 24
-13.3%
8.7%
Q3 24
-15.4%
15.2%
Q2 24
-81.5%
11.0%
Capex Intensity
OUST
OUST
VICR
VICR
Q1 26
Q4 25
35.0%
5.2%
Q3 25
4.3%
3.6%
Q2 25
2.5%
6.5%
Q1 25
1.7%
4.8%
Q4 24
4.8%
1.8%
Q3 24
2.0%
9.1%
Q2 24
1.3%
7.2%
Cash Conversion
OUST
OUST
VICR
VICR
Q1 26
Q4 25
0.34×
Q3 25
1.36×
Q2 25
1.58×
Q1 25
7.93×
Q4 24
0.99×
Q3 24
1.95×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

OUST
OUST

Segment breakdown not available.

VICR
VICR

Product revenue$98.0M87%
Royalty revenue$15.0M13%

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