Stocks Comparison
Hesai vs Ouster: revenue, profit, margins and growth compared
Hesai brought in $432.9M of revenue in fiscal 2025, Ouster $169.4M in fiscal 2025. Revenue changed by +52.1% at Hesai and +52.5% at Ouster on the year before, so Ouster grew faster. Hesai kept 14.4% of its revenue as net profit, Ouster -35.6%. Free cash flow was -$27.5M at Hesai and -$64.8M at Ouster.
Side by side, latest fiscal year
| HSAI | OUST | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $432.9M | $169.4M |
| Revenue growth | +52.1% | +52.5% |
| Net income | $62.3M | -$60.4M |
| Net margin | 14.4% | -35.6% |
| Free cash flow | -$27.5M | -$64.8M |
| Free cash flow margin | -6.4% | -38.3% |
| Earnings per share (diluted) | $0.43 | -$1.07 |
| Cash | $237.9M | $67.4M |
| Debt | $39.9M | n/a |
| Price to earnings | n/a | n/a |
| Market value | $306.2M | $2.9B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #351 of 587 · Industrials | #384 of 587 · Industrials |
Over the years
Questions about Hesai and Ouster
Which is bigger by revenue, Hesai or Ouster?
Hesai is bigger by revenue: $432.9M in fiscal 2025, against $169.4M for Ouster in fiscal 2025.
Which keeps more of its revenue as profit, Hesai or Ouster?
Hesai had a net margin of 14.4% in fiscal 2025; Ouster had -35.6% in fiscal 2025.
Which grew revenue faster, Hesai or Ouster?
In their latest fiscal years revenue changed by +52.1% at Hesai and +52.5% at Ouster.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.