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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $54.63M | $48.58M | $62.18M | $39.53M | $35.05M | $32.63M | $30.09M | $28.08M |
| Cost of revenue | $27.94M | $27.74M | $24.73M | $22.87M | $19.21M | $19.15M | $16.91M | $17.32M |
| Gross profit | $26.69M | $20.84M | $37.45M | $16.66M | $15.84M | $13.48M | $13.18M | $10.75M |
| Gross margin | 48.9% | 42.9% | 60.2% | 42.1% | 45.2% | 41.3% | 43.8% | 38.3% |
| Research and development | $19.34M | $16.08M | $15.26M | $17.78M | $17.15M | $14.99M | $14.72M | $15.13M |
| Selling, general and administrative | $27.39M | $23.97M | $21.29M | $23.13M | $25.52M | $22.33M | $24.06M | $23.14M |
| Operating expenses | $46.73M | $40.05M | $36.55M | $40.91M | $42.66M | $37.31M | $38.78M | $38.26M |
| Operating income | −$20.05M | −$19.21M | $904.00K | −$24.25M | −$26.82M | −$23.83M | −$25.60M | −$27.51M |
| Operating margin | -36.7% | -39.5% | 1.5% | -61.4% | -76.5% | -73.0% | -85.1% | -98.0% |
| EBITDA | −$16.81M | −$16.51M | $2.98M | −$22.20M | −$24.96M | −$22.04M | −$23.61M | −$25.06M |
| Interest income | $2.12M | $2.47M | $2.75M | $2.41M | $2.62M | $1.71M | $1.80M | $2.15M |
| Interest expense | $0 | $0 | $0 | — | $0 | $0 | $0 | −$342.00K |
| Income before taxes | −$17.99M | −$16.91M | $4.40M | −$21.66M | −$24.23M | −$21.82M | −$23.42M | −$25.63M |
| Income taxes | $125.00K | $552.00K | $414.00K | $72.00K | −$3.62M | $195.00K | $320.00K | −$37.00K |
| Net income | −$18.11M | −$17.47M | $3.99M | −$21.73M | −$20.61M | −$22.02M | −$23.74M | −$25.59M |
| Net margin | -33.2% | -36.0% | 6.4% | -55.0% | -58.8% | -67.5% | -78.9% | -91.1% |
| EPS, basic | −$0.27 | −$0.28 | $0.07 | −$0.37 | −$0.38 | −$0.42 | −$0.47 | −$0.54 |
| EPS, diluted | −$0.27 | −$0.28 | $0.07 | −$0.37 | −$0.38 | −$0.42 | −$0.47 | −$0.54 |
| Diluted shares | 65.99M | 61.82M | 60.41M | 57.98M | 54.47M | 52.49M | 50.46M | 47.68M |
Figures describe Ouster shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.