Ouster Revenue Rises 50% as Physical AI Sensor Shipments Set Record

What happened

Ouster announced on November 3, 2026, that third-quarter revenue rose 50% year over year to $59.3 million, with combined lidar and camera shipments reaching a record above 27,000 units. Losses narrowed as the company expanded its Physical AI sensing and perception platform beyond lidar.

Stereolabs and Rev8 Extend the Platform The broader mix follows Ouster’s acquisition (one company buying another) of Stereolabs , which closed on February 4, 2026 and was announced on February 9, 2026. Ouster reported at the time that Stereolabs had shipped more than 90,000 ZED cameras to more than 10,000 customers.

Ouster now offers digital lidar, cameras, AI compute, sensor-fusion and perception software, and AI models across industrial, robotics, automotive and smart-infrastructure applications. Cameras Reshape the Shipment Mix Total revenue for the quarter ended September 30, 2026 included $56.0 million of product revenue and $3.3 million of royalties.

Product revenue increased 42% year over year and 6% sequentially, extending Ouster’s run of product-revenue growth to 15 consecutive quarters. The product increase came primarily from industrial and robotics customers using the sensors in warehouse automation, defense, construction, mapping and data collection.

The earnings presentation specifies more than 7,000 lidar sensors and 20,000 cameras, while its comparison with the third quarter of 2025 covers only lidar, at more than 7,200 sensors. The shipment record therefore marks the scale of the combined platform rather than providing a like-for-like comparison of lidar volumes.

Stereolabs became a wholly owned subsidiary, adding 3D vision, ZED cameras and perception software. Chief executive Angus Pacala said capacity investments made to meet robotics growth enabled Stereolabs’ record camera shipments, and that hundreds of customers had chosen Rev8 for mission-critical applications.