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

Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $37.9M, roughly 1.6× Zevia PBC). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs -4.0%). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs -1.2%).

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.

Zevia is a Los Angeles based company that produces soft drinks, organic tea, energy drinks, and mixers sweetened with stevia. All Zevia products are zero-calorie, sugar-free, gluten free, vegan, certified kosher, and certified by The Non-GMO Project. In June 2021, Zevia filed to go public with an IPO.

OUST vs ZVIA — Head-to-Head

Bigger by revenue
OUST
OUST
1.6× larger
OUST
$62.2M
$37.9M
ZVIA
Growing faster (revenue YoY)
OUST
OUST
+110.7% gap
OUST
106.6%
-4.0%
ZVIA
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
-1.2%
ZVIA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OUST
OUST
ZVIA
ZVIA
Revenue
$62.2M
$37.9M
Net Profit
$-1.3M
Gross Margin
60.2%
47.7%
Operating Margin
1.5%
-4.0%
Net Margin
-3.4%
Revenue YoY
106.6%
-4.0%
Net Profit YoY
80.9%
EPS (diluted)
$0.10
$-0.02

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
ZVIA
ZVIA
Q4 25
$62.2M
$37.9M
Q3 25
$39.5M
$40.8M
Q2 25
$35.0M
$44.5M
Q1 25
$32.6M
$38.0M
Q4 24
$30.1M
$39.5M
Q3 24
$28.1M
$36.4M
Q2 24
$27.0M
$40.4M
Q1 24
$25.9M
$38.8M
Net Profit
OUST
OUST
ZVIA
ZVIA
Q4 25
$-1.3M
Q3 25
$-21.7M
$-2.7M
Q2 25
$-20.6M
$-651.0K
Q1 25
$-22.0M
$-6.4M
Q4 24
$-6.8M
Q3 24
$-25.6M
$-2.5M
Q2 24
$-23.9M
$-7.0M
Q1 24
$-23.8M
$-7.2M
Gross Margin
OUST
OUST
ZVIA
ZVIA
Q4 25
60.2%
47.7%
Q3 25
42.1%
45.6%
Q2 25
45.2%
48.7%
Q1 25
41.3%
50.1%
Q4 24
43.8%
49.2%
Q3 24
38.3%
49.1%
Q2 24
33.7%
41.9%
Q1 24
28.6%
45.7%
Operating Margin
OUST
OUST
ZVIA
ZVIA
Q4 25
1.5%
-4.0%
Q3 25
-61.4%
-7.0%
Q2 25
-76.5%
-2.3%
Q1 25
-73.0%
-16.8%
Q4 24
-85.1%
-16.1%
Q3 24
-98.0%
-8.2%
Q2 24
-93.6%
-17.5%
Q1 24
-99.5%
-18.8%
Net Margin
OUST
OUST
ZVIA
ZVIA
Q4 25
-3.4%
Q3 25
-55.0%
-6.6%
Q2 25
-58.8%
-1.5%
Q1 25
-67.5%
-16.8%
Q4 24
-17.2%
Q3 24
-91.1%
-6.9%
Q2 24
-88.4%
-17.2%
Q1 24
-91.9%
-18.6%
EPS (diluted)
OUST
OUST
ZVIA
ZVIA
Q4 25
$0.10
$-0.02
Q3 25
$-0.37
$-0.04
Q2 25
$-0.38
$-0.01
Q1 25
$-0.42
$-0.08
Q4 24
$-0.46
$-0.10
Q3 24
$-0.54
$-0.04
Q2 24
$-0.53
$-0.10
Q1 24
$-0.55
$-0.10

Balance Sheet & Financial Strength

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

Metric
OUST
OUST
ZVIA
ZVIA
Cash + ST InvestmentsLiquidity on hand
$208.6M
$25.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$261.7M
$51.0M
Total Assets
$349.5M
$63.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OUST
OUST
ZVIA
ZVIA
Q4 25
$208.6M
$25.4M
Q3 25
$244.5M
$26.0M
Q2 25
$226.5M
Q1 25
$168.2M
Q4 24
$172.0M
$30.7M
Q3 24
$151.4M
Q2 24
$184.2M
Q1 24
$187.8M
Stockholders' Equity
OUST
OUST
ZVIA
ZVIA
Q4 25
$261.7M
$51.0M
Q3 25
$247.4M
$51.3M
Q2 25
$221.0M
$53.0M
Q1 25
$167.9M
$53.7M
Q4 24
$180.9M
$64.9M
Q3 24
$171.7M
$72.5M
Q2 24
$170.6M
$75.0M
Q1 24
$167.2M
$80.3M
Total Assets
OUST
OUST
ZVIA
ZVIA
Q4 25
$349.5M
$63.6M
Q3 25
$353.8M
$60.0M
Q2 25
$321.8M
$62.5M
Q1 25
$268.6M
$62.0M
Q4 24
$276.1M
$68.0M
Q3 24
$255.2M
$72.9M
Q2 24
$309.9M
$72.8M
Q1 24
$317.7M
$85.1M

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
ZVIA
ZVIA
Operating Cash FlowLast quarter
$-15.4M
$-507.0K
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
ZVIA
ZVIA
Q4 25
$-15.4M
$-507.0K
Q3 25
$-18.3M
$116.0K
Q2 25
$-1.3M
$-1.4M
Q1 25
$-4.9M
$-2.9M
Q4 24
$-2.6M
$-2.0M
Q3 24
$-3.8M
$3.9M
Q2 24
$-21.6M
$282.0K
Q1 24
$-5.7M
$-3.2M
Free Cash Flow
OUST
OUST
ZVIA
ZVIA
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
ZVIA
ZVIA
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
ZVIA
ZVIA
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%

Financial Flow Comparison

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

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