Digital lidar · industrial & robotics
Ouster
A digital-lidar firm (merged with Velodyne). 2025 revenue $169M (+52%), with a record 7,200 sensors shipped in Q3. Demand broadened across warehouse automation, yard logistics, robotaxis, smart infrastructure and robotics. It forms a lidar axis with Hesai, distinguished by expansion beyond automotive into industrial and robotics.
OUST Updated Jul 12, 2026 5 AI consumers· 3 recurring
Per the valuechain.wiki graph, Ouster is directly linked to 2 companies (1 supply, 1 revenue relationships) and reaches 2 companies within two hops; the links are backed by 14 dated sources, 3 of them primary filings (as of 2026-07-12).
Financials & Segments
- Total revenue · 2025 revenue $169M (+52%)
- Customer concentration · 7,200 sensors in Q3; industrial, robotics.
- Segments · Industrial/automation lidar · Automotive/robotaxi · Smart infrastructure
Revenue from
- Industrial · robotics · infrastructure (LiDAR) High confidence
Digital lidar to warehouse automation, robotics and smart infrastructure (7,200 in Q3).Confirms EN Business Wire Published May 12, 2026: Ouster Brings REV8 Native Color Lidar to the NVIDIA DRIVE Hyperion PlatformConfirms KO Global Economic Published Feb 11, 2026: US-based Ouster acquires Stereolabs for $48M, betting on 'physical AI'Confirms EN Business Wire Published May 8, 2025: Ouster to Supply Lidar Sensors for Komatsu's Autonomous Offerings - Komatsu (autonomous mining equipment) High confidence
Supplies OS-series (REV7) digital lidar for Komatsu's autonomous mining equipment — multimillion-dollar agreement (May 2025).Confirms EN Business Wire Published May 8, 2025: Ouster to Supply Lidar Sensors for Komatsu's Autonomous OfferingsConfirms EN Mining.com Published May 8, 2025: Ouster to supply lidar sensors for Komatsu's autonomous offerings - Motional High confidence
Selected as exclusive long-range lidar supplier for Motional's IONIQ 5 robotaxis (Hyundai-Aptiv JV); Alpha Prime VLS-128 serial production through 2026.Confirms EN Ouster IR Published May 11, 2023: Ouster Awarded Production Win by Motional (exclusive long-range lidar) - Serve Robotics High confidence
Multi-year lidar supply for Uber Eats delivery robots (signed 2022, extended Jul 2024); OS1/REV7 sensors, targeting a 2,000-robot fleet. - Forterra (미 국방 자율주행) High confidence
Forterra's AutoDrive platform, feeding four active US DoD ground-vehicle programs (RCV, ATV-S, ROGUE Fires, SMET), carries multiple Ouster OS lidars; 100+ vehicles shipped.
Pays to
- Fabrinet High confidence
Named (with Benchmark) as a main contract manufacturer producing the majority of Ouster's lidar in Thailand (10-K). - Benchmark Electronics High confidence
Primary contract manufacturer (Thailand); the 10-K states Benchmark and Fabrinet make the majority of products. 2026 expansion for REV8 volume production (100k+ units/yr, 10-year production life).Confirms EN Business Wire Published Jun 15, 2026: Ouster and Benchmark Expand Partnership for REV8 Volume Production - production · R&D (undisclosed) Low confidence
Production and R&D. - Receiver chips · components (undisclosed) Low confidence
Digital-lidar receiver chips and parts.
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Komatsu | lead1 | +0.5 | +17.4 | +40.1 | +16.4 | +30.5 | +28.3 |
| Ouster | node | -61.5 | -83.4 | -11.1 | +59.3 | +77.1 | +68.3 |
| Fabrinet | benef1 | +52.7 | +8.2 | +48.4 | +15.5 | +107.1 | -10.5 |
YTD as of 2026-09-04 · source: Yahoo Finance
Ouster operates across Digital lidar, industrial & robotics. It is up +68.3% in 2026. The stock (+68.3%) is ahead of both its demand side (avg +28.3%) and supply side (avg -10.5%). Having run ahead of its chain, it is the first spot to give back if customer numbers fail to follow. Among connected nodes the furthest ahead is Komatsu (+28.3%) and the furthest behind is Fabrinet (-10.5%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It forms a lidar axis with Hesai, distinguished by expansion beyond automotive into industrial and robotics.
Analysis generated from returns as of 2026-09-04Analyst ratings
Consensus: Buy 2 · Hold 1 · Sell 0 · Avg. target $64 · Price $36.43 (09-04) · Upside +76%