How did OUST's revenue and expenses trend in Q4 2024?
5/9/2025 09:38am
Ouster's revenue and expenses in Q4 2024 showed a positive trend in revenue growth and a decrease in certain expenses, but the company still reported a net loss.
1. **Revenue Trend**: The company's total revenue for Q4 2024 was $30.09 million. This represents an increase from the previous quarter's revenue, indicating a positive trend in sales.
2. **Expense Trend**: Ouster's Gross Margin improved to 36.42% in Q4 2024, up from the last change of 4.72%. This suggests that the company's cost management efforts are paying off, leading to better profitability margins.
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Gross Profit|Total Revenue|Net Income|Advertising and Marketing Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|---|
|OUST|OUST.O|Ouster|2024 Q1|1.944E7|1.3806E7|7425000|2.5944E7|-2.3849E7||185|
|OUST|OUST.O|Ouster|2024 Q2|1.9916E7|1.4432E7|9098000|2.699E7|-2.3869E7||185|
|OUST|OUST.O|Ouster|2024 Q3|2.3135E7|1.5127E7|1.0754E7|2.8075E7|-2.559E7||185|
|OUST|OUST.O|Ouster|2024 Q4|2.4062E7|1.4719E7|1.3183E7|3.0092E7|-2.3737E7||185|
3. **Net Income**: Despite the revenue growth and improved gross margin, Ouster reported a net loss of $23.74 million for the quarter. This indicates that the company's expenses, including R&D, sales and marketing, and general and administrative costs, are still exceeding its revenue.
4. **Expense Details**: R&D expenses were $14.72 million, and selling, general, and administrative expenses were $24.06 million. These figures are significant contributors to the company's net loss, highlighting the need for effective cost management and potentially revising expense strategies.
In conclusion, while Ouster has shown a positive trend in revenue and gross margin, the company's continued net loss underscores the importance of managing expenses, particularly R&D and SG&A, to achieve profitability.