Ouster, Inc. Q4 2025 Earnings Call Summary

Core Insights - The company achieved a 12th consecutive quarter of product revenue growth, driven by strong global demand for automation, efficiency, and safety in industrial and infrastructure sectors [1] - The software-attached business has scaled successfully, with bookings more than doubling in 2025, representing over 15% of total sensors shipped [1] - The transition from a lidar-only provider to a unified sensing and perception platform was marked by the acquisition of StereoLabs, integrating high-performance digital lidar with AI camera vision and compute [1] - The company maintained strong gross margins of 41% (excluding royalties) despite a volatile macroeconomic environment and tariff headwinds [1] - In-house trained AI models have been deployed at over 1,200 sites globally, validating the investment in proprietary machine learning for real-world physical AI applications [1] - The digital lidar roadmap has advanced with next-generation L4 and Chronos custom silicon, expected to more than double the current addressable market [1] - A record 8,100 sensors were shipped in Q4, enhancing penetration in warehouse automation, robotaxis, and mapping verticals [1]