Core Insights - Life360 has announced a partnership with AccuWeather to provide real-time severe weather alerts to its members, enhancing family safety during extreme weather events [1][2][3] - The integration allows Life360 users to receive personalized weather notifications, enabling proactive communication and coordination among family members [2][3] - This partnership aligns with Life360's advertising platform, which connects its large user base with relevant brands and services during critical weather events [3][4] Company Overview - Life360 serves approximately 88 million monthly active users globally, offering services such as location sharing and crash detection [6] - The company is based in the San Francisco Bay Area and operates in over 180 countries [6] - AccuWeather is recognized as the most accurate source of weather forecasts, with its alerts relied upon by billions worldwide [5][7] Strategic Importance - The partnership aims to deliver dual value by enhancing family safety while providing targeted advertising opportunities during severe weather [4][5] - AccuWeather's forecasts are available in 71 countries and in over 200 languages, making it a suitable partner for Life360 [5] - The collaboration is expected to empower families with timely and relevant weather intelligence, potentially saving lives and property [5][7]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Life360 (LIF) - Life360 currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [2][3] - The stock has shown significant price performance, with a 41.65% increase over the past quarter and a 129.38% increase over the last year, outperforming the S&P 500's gains of 9.68% and 16.9% respectively [6] Price Performance - Over the past week, LIF shares increased by 0.25%, while the Zacks Security and Safety Services industry declined by 1.46% [5] - The monthly price change for LIF is 21.57%, compared to the industry's performance of 2.83% [5] Trading Volume - LIF has an average 20-day trading volume of 822,190 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [7] Earnings Outlook - In the past two months, two earnings estimates for LIF have been revised upwards, increasing the consensus estimate from $0.24 to $0.31 [9] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [9] Conclusion - Given the positive momentum indicators and earnings outlook, Life360 is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 2 (Buy) [11]

Core Viewpoint - Life360 has launched a new feature called No Show Alerts, aimed at providing parents with peace of mind by notifying them if a loved one does not arrive at a designated location on time, thereby reducing the need for constant check-ins [1][3][6] Group 1: Product Features - No Show Alerts is designed to help parents manage the complexities of family schedules, particularly during the back-to-school season, where parents spend an average of 10 hours per week on family logistics [2][3] - The feature acts as a digital alert system, notifying parents when plans go awry, such as when a child misses school or a partner forgets pickup duties [2][3] - This feature is part of a broader suite of tools offered by Life360, which includes Place Alerts, Safe Driving Notifications, Crash Detection, and SOS Alerts [6] Group 2: Market Context - A survey indicated that 53% of parents find managing family schedules to be a significant source of stress, with 67% feeling distracted at work due to these challenges [1][3] - Over two-thirds (69%) of parents reported mixing up their children's after-school activities, highlighting the need for better coordination tools [3] - Life360's app downloads peak during the weeks leading up to the school year, indicating a heightened demand for family coordination solutions [3] Group 3: User Engagement - Life360 serves approximately 88 million monthly active users across more than 180 countries as of June 30, 2025, showcasing its extensive reach and user base [7] - The No Show Alerts feature is currently available for free to US members and will be rolled out globally in the coming weeks [6]

Core Insights - Life360 has launched a new feature called No Show Alerts, aimed at providing parents with peace of mind by notifying them if a loved one does not arrive at a designated location on time [1][4][7] - A survey indicated that 53% of parents find managing family schedules complex, contributing to 67% feeling distracted at work [1][3] - The feature is designed to help parents coordinate increasingly chaotic back-to-school routines, as they reportedly spend an average of 10 hours per week on family logistics [2][3] Company Overview - Life360 is a leading family connection and safety company, serving approximately 88 million monthly active users across more than 180 countries as of June 30, 2025 [8] - The company offers a range of services including location sharing, safe driving reports, and crash detection, enhancing everyday family life [8] Feature Details - No Show Alerts is a free feature available to US members, with plans for a global rollout in the coming weeks [7] - The feature acts as a digital heads-up for parents, allowing them to intervene early when plans go awry, thus reducing the mental load of tracking multiple responsibilities [2][4] - The implementation process for setting a No Show Alert involves navigating to the member's profile and selecting the alert option [5][10]

Group 1 - Lincoln Electric Holdings (LECO) is outperforming its peers in the Industrial Products sector with a year-to-date return of 28.4% compared to the sector average of 6.7% [4] - The Zacks Consensus Estimate for LECO's full-year earnings has increased by 5% over the past three months, indicating improving analyst sentiment [4] - Lincoln Electric Holdings holds a Zacks Rank of 2 (Buy), suggesting a positive earnings outlook [3] Group 2 - Lincoln Electric Holdings is part of the Manufacturing - Tools & Related Products industry, which has an average year-to-date gain of 13.2%, further highlighting LECO's strong performance [6] - Life360 (LIF), another stock in the Industrial Products sector, has returned 107.4% year-to-date and has a Zacks Rank of 2 (Buy) [5] - The Security and Safety Services industry, where Life360 belongs, has seen a year-to-date increase of 19.5% [7]

Market Overview - U.S. stock markets have continued to rise in early August despite trade uncertainties and the Federal Reserve's indecision regarding interest rate cuts in 2025 [1][2] - The outcome of the Fed's annual Jackson Hole Symposium, scheduled for August 21-23, is anticipated to be significant [2] Stock Performance - Few stocks have demonstrated price strength, with a focus on those recently experiencing a bull run [3] - Five highlighted stocks include Modine Manufacturing Co. (MOD), Tutor Perini Corp. (TPC), Kiniksa Pharmaceuticals International plc (KNSA), Life360 Inc. (LIF), and Euroseas Ltd. (ESEA) [3] Stock Screening Criteria - Stocks must show a percentage change in price greater than zero over the last four weeks and greater than 10% over the last twelve weeks [5] - Zacks Rank 1 (Strong Buy) and an average broker rating of 1 are also key indicators of potential performance [6] - Stocks must be trading at a minimum price of $5 and be near their 52-week highs, with a current price/52-week high-low range greater than 85% [7] Individual Stock Highlights - **Modine Manufacturing (MOD)**: Stock price increased by 46.1% in four weeks, with an expected earnings growth rate of 14.3% for the current year [8][10] - **Tutor Perini (TPC)**: Stock price surged 14.3% in four weeks, with an expected earnings growth rate exceeding 100% for the current year [14] - **Kiniksa Pharmaceuticals (KNSA)**: Stock price climbed 13.7% in four weeks, with expected earnings growth over 100% for the current year [15] - **Life360 (LIF)**: Stock price advanced 8.3% in four weeks, with expected earnings growth over 100% for the current year [17] - **Euroseas (ESEA)**: Stock price gained 2.8% in four weeks, with an expected earnings growth rate of 4% for the current year [19]

Core Insights - Life360 reported quarterly earnings of $0.08 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, and showing a significant increase from $0.03 per share a year ago, resulting in an earnings surprise of +300% [1] - The company achieved revenues of $115.38 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.47% and up from $84.86 million year-over-year [2] - Life360's stock has increased approximately 78.9% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $117.9 million, and for the current fiscal year, it is $0.29 on revenues of $464 million [7] - The estimate revisions trend for Life360 was favorable ahead of the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - Life360 operates within the Zacks Security and Safety Services industry, which is currently ranked in the top 25% of over 250 Zacks industries, suggesting a positive outlook for the sector [8] - The performance of Life360's stock may also be influenced by the overall industry outlook, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Financial Data and Key Metrics Changes - Q2 2025 revenue increased by 36% year over year to $115.4 million, driven by strong subscription and other recurring revenue [28][30] - Subscription revenue grew by 35% year over year, with core Life360 subscription (excluding standalone hardware) increasing by 38% [28][30] - Gross profit grew by 42% year over year to $90.5 million, with gross margin expanding to 78% from 75% in the prior year [30][31] - Net income improved to $7 million from a loss of $11 million in Q2 2024, and adjusted EBITDA rose to $20.3 million from $11 million [35] Business Line Data and Key Metrics Changes - Monthly Active Users (MAUs) reached 88 million, up 25% year over year, with 4.3 million new MAUs added in Q2 [7][28] - Paying circles grew by 25%, with a record net addition of 136,000 in Q2 [7][28] - International MAUs grew by 34%, and paying circles outside the US increased by 28% [8][14] Market Data and Key Metrics Changes - The company is seeing strong traction in international markets, particularly in the UK and Australia, with localized pricing strategies driving growth [8][14] - The "anxiety economy" trend indicates that nearly 80% of Americans are more likely to invest in safety during uncertain times, with 40% of parents considering safety apps non-negotiable [15] Company Strategy and Development Direction - The company aims to reach 150 million MAUs and exceed $1 billion in revenue while achieving a 35% adjusted EBITDA margin [10] - The transition to a family super app is a key focus, with plans to expand the ecosystem and deepen engagement [12][19] - The advertising platform is being developed with new products like Place Ads and Uplift, which are expected to enhance revenue streams [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the "anxiety economy" and emphasized the importance of safety and connection for families [38] - The company raised its full-year 2025 revenue guidance to a range of $462 million to $482 million, reflecting strong subscription growth and international expansion [39] Other Important Information - The company successfully raised over $275 million in Q2 through a zero-coupon convertible note, providing capital flexibility for strategic opportunities [36] - The integration of Tile devices within the Life360 app is expected to enhance user engagement and streamline onboarding [19][20] Q&A Session Summary Question: Update on pet tracking launch - The company is on track for a holiday season launch but will hold details until closer to the date [41][43] Question: Advertising products and revenue differentiation - New advertising products like Place Ads are designed to enhance user experience and provide measurable results for advertisers [45][46] Question: Top priorities for the new CEO - The focus remains on user engagement, growing the ads business, and driving international growth [53][54] Question: Trends in user engagement and conversion - The company is seeing consistent progress in user engagement and conversion rates in both the US and international markets [61][62] Question: Advertising opportunity and changes in strategy - The advertising strategy is evolving with ongoing learning and proof of concept campaigns, with no significant changes in perspective [72][73] Question: Integration with Meta and Google for advertising - The company is working with partners to deliver ads through other platforms while ensuring user data privacy [111][113]

Financial Data and Key Metrics Changes - Q2 2025 revenue increased by 36% year over year to $115.4 million, driven by strong subscription and other recurring revenue [26][28] - Subscription revenue grew by 35% year over year, with core Life360 subscription increasing by 38% [26][28] - Gross profit rose by 42% year over year to $90.5 million, with gross margin expanding to 78% from 75% [29][28] - Net income improved to $7 million from a loss of $11 million in Q2 of the previous year [32] Business Line Data and Key Metrics Changes - Monthly Active Users (MAUs) reached 88 million, up 25% year over year, with 4.3 million new MAUs added in Q2 [6][26] - Paying circles grew by 25%, with a record net addition of 136,000 [6][26] - Hardware revenue increased by 3% year over year to $12.3 million, despite promotional pricing [27] Market Data and Key Metrics Changes - International MAUs grew by 34%, and paying circles outside the US increased by 28% [7][26] - The UK and Australia showed early success with localized pricing and value-based tiering [7][26] Company Strategy and Development Direction - The company aims to reach 150 million MAUs and exceed $1 billion in revenue, targeting a 35% adjusted EBITDA margin [9][10] - The transition to a family super app is a key focus, with plans to expand into new verticals and deepen engagement [11][12] - The advertising platform is being developed with new products like Place Ads and Uplift, aimed at enhancing user experience and driving revenue [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating the "anxiety economy," where families prioritize safety and connection [14][35] - The company raised its full-year 2025 revenue guidance, reflecting strong subscription growth and international expansion [36] Other Important Information - The company successfully raised over $275 million through a zero-coupon convertible note, enhancing capital flexibility [33] - The integration of Tile devices within the Life360 app is expected to streamline user experience and improve engagement [18][19] Q&A Session Summary Question: Update on pet tracking launch - The company is on track for a holiday season launch but withheld specific details on pricing and countries [37][40] Question: Advertising products and revenue impact - New advertising products, Place Ads and Uplift, were launched in Q2, focusing on in-app experiences and closed-loop measurement [43][44] Question: Top priorities for the new CEO - The CEO emphasized engaging users, growing the ads business, and driving international growth as key priorities [51][52] Question: User engagement metrics - The company reported improved engagement and conversion rates in both the US and international markets [59][62] Question: Advertising opportunity and changes in strategy - Management noted that advertising is a variable revenue stream, with ongoing learning and adjustments to strategy [71][72]

Life360 Overview Life360 demonstrates global scale, durable growth, and expanding profitability, highlighted by significant year-over-year increases in revenue and Adjusted EBITDA, alongside a large global user base and extensive miles driven with crash detection [Life360 at a Glance](index=5&type=section&id=Life360%20at%20a%20glance) Life360 demonstrates global scale, durable growth, and expanding profitability, highlighted by significant year-over-year increases in revenue and Adjusted EBITDA, alongside a large global user base and extensive miles driven with crash detection Q2'25 Key Achievements | Metric | Q2'25 Value | YoY Change | | :-------------------------------- | :---------- | :--------- | | Revenue | $115.4 million | +36% | | Adjusted EBITDA | $20.3 million | - | | Adjusted EBITDA Margin | 18% | - | | Global Monthly Active Users (MAU) | ~88.0 million | - | | Global Paying Circles | ~2.5 million | - | | Global Monthly Miles driven with Life360 Crash Detection | 428 billion | - | | Safe arrival notifications | 70 billion | - | | Tile devices | 10.4 million+ | - | | Countries | 180+ | - | | U.S. Penetration | 11-17% | - | | Top Social Networking App (by DAU in U.S.) | 4 | - | [Product Offering & Value Proposition](index=6&type=section&id=Product%20Offering%20%26%20Value%20Proposition) Life360 positions itself as a 'super-app' for families, offering peace of mind through comprehensive safety and connection features. Its distinctive product suite includes real-time location sharing, driving safety, item tracking, emergency dispatch, and family messaging, catering to diverse family needs - Life360 makes everyday family life better through safety and connection, offering location sharing, market-leading driving safety, and premium safety services[18](index=18&type=chunk)[19](index=19&type=chunk) - The platform provides a comprehensive offering including effortless daily coordination with advanced location sharing and item tracking, digital safety for protection and prevention, and expert emergency assistance anytime, anywhere[23](index=23&type=chunk)[25](index=25&type=chunk) [Competitive Moat & Differentiation](index=8&type=section&id=Competitive%20Moat%20%26%20Differentiati) Life360 maintains a competitive advantage by uniquely focusing on family safety, integrating a proprietary technology platform, and offering a holistic experience that combines mobile premium services and devices, unlike isolated point solutions from competitors - Life360's competitive moat is built on its unique focus on family safety, providing peace of mind and connection, supported by proprietary technology and cross-platform solutions[26](index=26&type=chunk)[27](index=27&type=chunk) - Life360 offers a one-stop holistic experience, combining mobile premium services and devices, which differentiates it from competitors that provide only isolated point solutions[30](index=30&type=chunk)[31](index=31&type=chunk) [User Engagement & Retention](index=10&type=section&id=User%20Engagement%20%26%20Retention) Life360 demonstrates strong user engagement and retention, ranking among the highest DAUs across all apps in the U.S. and outperforming the social media average in app retention, indicating significant product stickiness driven by its core safety features US Lifestyle App Rankings by DAU (June 2025) | Rank | App Name | | :--- | :--- | | 1 | Life360: Stay Connected & Safe | | 2 | Pinterest | | 3 | Walmart: Shopping & Savings | | 4 | Ring - Always Home | | 5 | SHEIN | US Social Networking App Rankings by DAU (June 2025) | Rank | App Name | | :--- | :--- | | 1 | Facebook | | 2 | WhatsApp Messenger | | 3 | Messenger | | 4 | Life360: Stay Connected & Safe | | 5 | Discord | - Life360's app retention consistently outperforms social media peers, with a **1.5x higher retention rate after 90 days**, driven by its strong value proposition and core feature set providing peace of mind[50](index=50&type=chunk) [Addressable Market & Monetization Opportunities](index=13&type=section&id=Addressable%20Market%20%26%20Monetization%20Opportunities) Life360 identifies substantial addressable market opportunities across various sectors, including family financial services, auto insurance, elderly monitoring, advertising, and pet/item tracking. The company plans to monetize these markets through subscription services, devices, and indirect advertising, leveraging its first-party data Addressable Market Opportunities | Market Segment | Estimated Market Size ($) | | :----------------------- | :-------------------- | | Family Financial Services | ~$83 billion | | Auto Insurance | ~$80 billion | | Elderly Monitoring | ~$75 billion | | Advertising | $75 billion | | Pet Tracking | Item Tracking Subscription Services | | Item Tracking | Item Tracking Subscription Services | - Monetization strategies include subscription services (ID theft protection, roadside assistance, crash detection, medical assistance, SOS, emergency dispatch, driver reports, disaster response, stolen phone, travel support), devices, and indirect advertising for free members based on first-party data[56](index=56&type=chunk) [Member Base Expansion & Freemium Model](index=15&type=section&id=Member%20Base%20Expansion%20%26%20Freemium%20Model) Life360 is expanding its member base beyond traditional parents with teens, targeting broader demographics. Its freemium model, featuring triple-tier membership bundles (Silver, Gold, Platinum) in key markets, provides diverse benefits focused on driving and digital safety, enabling monetization across different user needs - Life360 is expanding its member base beyond parents with teens, recognizing an opportunity to grow within its current member base[58](index=58&type=chunk)[59](index=59&type=chunk) U.S. Paying Circles by Membership Tier (as of June 30, 2025) | Membership Tier | % of US Paying Circles | | :---------------- | :--------------------- | | Silver | 4% | | Gold | 84% | | Platinum | 12% | [Market Penetration & International Opportunity](index=17&type=section&id=Market%20Penetration%20%26%20International%20Opportunity) Life360 demonstrates significant remaining growth potential in U.S. penetration, with states experiencing high growth rates. Internationally, penetration is expanding but still trails the U.S., presenting a large upside opportunity, particularly in high-income markets with driving cultures where Triple Tier offerings are being rolled out - States with over **6% penetration in 2020** experienced an average of over **163% penetration growth from June 2020 to June 2025**, indicating substantial remaining runway in the U.S. market[66](index=66&type=chunk) International Penetration by Region (2020 vs 2025) | Region | 2020 Penetration | 2025 Penetration | | :--------------- | :--------------- | :--------------- | | Canada | 1% | 4% | | United Kingdom | 11% | - | | Europe | 0.4% | 1.8% | | Australia & New Zealand | 6% | 15% | | Rest of World | 3% | - | Top 10 International MAU and Revenue Countries (Q2'25) | Rank | Top 10 International MAU Countries | Top 10 International Revenue Countries | | :--- | :--------------------------------- | :----------------------------------- | | 1 | United Kingdom | United Kingdom | | 2 | Brazil | Australia | | 3 | Mexico | Canada | | 4 | Australia | Brazil | | 5 | Italy | Mexico | | 6 | Philippines | Germany | | 7 | Malaysia | Japan | | 8 | Canada | South Africa | | 9 | Spain | Netherlands | | 10 | Thailand | Malaysia | [Advertising Opportunity](index=20&type=section&id=Advertising%20Opportunity) Life360 is leveraging its differentiated audience and first-party data to create new monetization opportunities through advertising, indicating long-term growth potential. Its dynamic suite of in-app and offsite ad products, including context-aware place ads, effectively closes the measurement gap in retail advertising and drives strong campaign performance with brand partnerships like Uber and Accuweather - Life360's differentiated audience, characterized by valuable targeting opportunities based on user insights and location, has the potential to deliver significant value to B2B data providers and advertisers while maintaining user privacy[80](index=80&type=chunk)[81](index=81&type=chunk) - Life360's ad solutions, including Place Pins, Map Banners, Place Ads, and Audiences, close the measurement gap in retail advertising by providing context-aware, footfall-driving media, leveraging self-identified demographics and continuity of location signal[88](index=88&type=chunk)[89](index=89&type=chunk) - High-impact advertising brand partnerships, such as with Uber and Accuweather, demonstrate strong performance with high click-through rates, amplified by Life360's valuable user base of highly engaged members with high-disposable incomes[93](index=93&type=chunk)[95](index=95&type=chunk) Life360 Strategy Life360's strategy focuses on audience growth, scaling paid offerings, expanding revenue streams, and increasing profitability to become the leading global family brand [Strategic Pillars](index=25&type=section&id=Strategic%20Pillars) Life360's strategy is built on four key pillars: growing its audience, scaling paid offerings, expanding revenue streams, and increasing profitability. These pillars are designed to drive long-term growth by enhancing member value, meeting diverse family needs, and balancing growth investments with financial discipline - The core strategy involves growing the audience, scaling paid offerings through increased value and retention, expanding revenue streams by meeting family needs, and creating new revenue streams by building a leading global family brand, all while expanding profitability through financial discipline[97](index=97&type=chunk)[98](index=98&type=chunk) [Freemium Flywheel & Business Model](index=26&type=section&id=Freemium%20Flywheel%20%26%20Business%20Model) Life360's freemium business model leverages network effects to drive growth, with virality and referrals fueling new member acquisition. A growing free user base creates a competitive moat, increases the premium member acquisition pool, and provides indirect monetization opportunities like advertising, supported by efficient digital economics for scaling - The freemium flywheel drives growth through virality and referrals, leading to more users, better engagement, and better features, which in turn fuels the free user base, paid user base, and indirect monetization through ad revenue[99](index=99&type=chunk)[100](index=100&type=chunk) - Strong word-of-mouth drives organic growth and efficient customer acquisition. Digital economics enable efficient scaling of the user base with low-cost, high-margin subscription services. The growing free member base creates a competitive moat, increases the premium member acquisition pool, and offers indirect monetization opportunities, including advertising[105](index=105&type=chunk) [Aspirational Goals](index=28&type=section&id=Aspirational%20Goals) Life360 has set aspirational long-term goals to become the leading brand for everyday family life, aiming for over 150 million Monthly Active Users (MAU) and achieving more than 35% Adjusted EBITDA margins - Long-term aspirational goals include becoming the brand for everyday family life, achieving **150 million+ Monthly Active Users**, and reaching **35%+ Adjusted EBITDA margins**[107](index=107&type=chunk)[109](index=109&type=chunk)[111](index=111&type=chunk) Financial Update Q2'25 Life360 delivered strong Q2'25 financial results, with significant revenue and Adjusted EBITDA growth, driven by subscription momentum and expanding operating leverage, while establishing new advertising revenue streams [Q2'25 Achievements](index=30&type=section&id=Q2%2725%20Achievements) Life360 achieved significant growth in Q2'25, cementing its market-leading position with substantial increases in global MAU, revenue, and paying circles. The company also established initial infrastructure for advertising revenue and expanded profitability with strong Adjusted EBITDA growth Q2'25 Key Achievements | Metric | Q2'25 Value | YoY Growth | | :-------------------------------- | :---------- | :--------- | | Global Monthly Active Users (MAU) | ~88.0 million | +25% | | Revenue | $115.4 million | +36% | | Global Paying Circles | ~2.5 million | +25% | | Adjusted EBITDA | $20.3 million | - | | Adjusted EBITDA Margin | 18% | - | | International MAU Growth | - | 34% | | Quarterly net adds (Paying Circles) | 136k | - | - Initial infrastructure established to build advertising revenue stream and new B2B partnerships are being formed to drive indirect monetization[115](index=115&type=chunk) [Q2'25 Results Summary](index=31&type=section&id=Q2%2725%20Results%20Summary) Life360 delivered strong Q2'25 financial results, with total revenue increasing by 36% YoY, driven by robust subscription and other revenue growth. The company achieved positive net income and significantly expanded Adjusted EBITDA, reflecting increased operating leverage and cost discipline Q2'25 Financial Results Summary | Metric | Q2'25 ($ million) | Q2'24 ($ million) | $ Change ($ million) | % ch YoY | | :-------------------------- | :---- | :---- | :------- | :------- | | Subscription Revenue | 88.6 | 65.7 | 22.9 | 35% | | Hardware Revenue | 12.3 | 11.9 | 0.4 | 3% | | Other Revenue | 14.5 | 7.3 | 7.2 | 100% | | **Total Revenue** | **115.4** | **84.9** | **30.5** | **36%** | | Annualized Monthly Revenue (AMR) | 416.1 | 304.8 | 111.3 | 36% | | Operating Expenses | 88.5 | 66.0 | 22.5 | 34% | | Net Income (Loss) | 7.0 | (11.0) | 18.0 | (164)% | | Adjusted EBITDA (Non-GAAP) | 20.3 | 11.0 | 9.3 | 85% | | Cash and cash equivalents | 434.2 | 162.0 | 272.2 | 168% | | Operating cash flow | 13.3 | 3.3 | 10.1 | 310% | - Subscription revenue momentum continued strong, up **35% including hardware subscriptions**, and **38% for Life360 subscriptions**. Other revenue increased **100%** due to data, partnership, and advertising revenue[120](index=120&type=chunk) - Adjusted EBITDA expansion was driven by strong subscription revenue growth and increased operating leverage, with operating expenses declining as a percentage of revenue[120](index=120&type=chunk) [Annualized Monthly Revenue (AMR)](index=32&type=section&id=Annualized%20Monthly%20Revenue%20(AMR)) Life360's Annualized Monthly Revenue (AMR) continued its strong upward trajectory, reaching $416.1 million in June 2025, representing a 36% year-over-year growth, demonstrating consistent revenue momentum - Quarterly Annualized Monthly Revenue (AMR) reached **$416.1 million in Q2'25**, marking a **36% YoY growth**[122](index=122&type=chunk) [Consolidated Revenue Breakdown](index=33&type=section&id=Consolidated%20Revenue%20Breakdown) In Q2'25, Life360's consolidated revenue of $115 million was primarily driven by subscription revenue (76%), with hardware and other revenue contributing 11% and 13% respectively, reflecting a diversified revenue base with a strong subscription core Q2'25 Quarterly Revenue Breakdown | Revenue Type | Q2'23 ($ million) | Q2'24 ($ million) | Q2'25 ($ million) | | :------------- | :---- | :---- | :---- | | Subscription | $53 | $66 | $89 | | Hardware | $12 | $12 | $12 | | Other | $6 | $7 | $15 | | **Total** | **$71** | **$85** | **$115** | Q2'25 Total Consolidated Revenue Breakdown by Percentage | Revenue Type | Percentage | | :------------- | :--------- | | Subscription | 76% | | Hardware | 11% | | Other | 13% | [Global MAU Growth](index=34&type=section&id=Global%20MAU%20Growth) Life360's Global Monthly Active Users (MAU) grew by 25% year-over-year in Q2'25, reaching 88.0 million, with significant contributions from organic channels and strong growth in international Triple Tier launch countries - Global MAU grew **25% YoY in Q2'25**, with International Triple Tier launch countries MAU growing **43% YoY** and US MAU growing **17% YoY**[130](index=130&type=chunk) [Subscription Revenue & ARPPC](index=35&type=section&id=Subscription%20Revenue%20%26%20ARPPC) Subscription revenue saw a 35% YoY growth in Q2'25, underpinned by a 25% YoY increase in Paying Circles and an 8% YoY increase in Average Revenue Per Paying Circle (ARPPC). This growth was further supported by price increases and a shift towards higher-priced products Consolidated Quarterly Subscription Revenue | Quarter | 2023 ($ million) | 2024 ($ million) | 2025 ($ million) | | :------ | :--- | :--- | :--- | | Q1 | $51.7 | $61.6 | $81.9 | | Q2 | $52.7 | $65.7 | $88.6 | | Q3 | $56.6 | $71.8 | - | | Q4 | $59.8 | $78.8 | - | - Core Life360 subscription revenue grew **38% YoY in Q2'25**, benefiting from strong Paying Circles growth (**25% YoY**) and price increases in the U.S. for new and existing annual subscribers in 2024, alongside a shift in product mix[134](index=134&type=chunk) - Additional uplift from international regions throughout 2024 was due to legacy subscriber price increases and the launch of higher-priced membership tiers in non-Triple Tier markets, as well as continued growth in existing Triple Tier markets[134](index=134&type=chunk) [Paying Circles Growth](index=36&type=section&id=Paying%20Circles%20Growth) Life360's Paying Circles grew by 25% year-over-year in Q2'25, reaching 2.5 million globally. This growth was observed across both U.S. and international markets, with international Triple Tier launch countries showing particularly strong growth - Global Paying Circles grew **25% YoY in Q2'25**, with US Paying Circles growing **23% YoY** and International Triple Tier launch countries Paying Circles growing **62% YoY**[136](index=136&type=chunk) [Average Revenue Per Paying Circle (ARPPC)](index=37&type=section&id=Average%20Revenue%20Per%20Paying%20Circle%20(ARPPC)) Average Revenue Per Paying Circle (ARPPC) increased by 8% YoY globally in Q2'25, driven by successful Triple Tier launches and annual subscription price increases in both the U.S. and international markets Average Revenue Per Paying Circle (ARPPC) ($) | Quarter | Q2'23 | Q2'24 | Q2'25 | | :------ | :---- | :---- | :---- | | Global ARPPC | $128 | $126 | $135 | | International Triple Tier launch countries revenue | $43 | $59 | $76 | - Global ARPPC increased **8% YoY**, while International Triple Tier launch countries revenue increased **35% YoY**, and International ARPPC increased **92% YoY**[139](index=139&type=chunk) - The uplift to global ARPPC was tempered by a **3% increase** in the weighting of international Paying Circles as a percentage of global Paying Circles, reflecting faster growth in international regions that have lower pricing relative to the U.S.[140](index=140&type=chunk) [User Engagement & Retention](index=38&type=section&id=User%20Engagement%20%26%20Retention) Life360 demonstrates strong user engagement and retention, with both Monthly Active Users (MAUs) and Paying Circles consistently increasing across member registration years. This indicates effective long-term conversion of free members to paid and a net subscription revenue retention rate of approximately 100% - MAUs and Paying Circles by member registration year have increased over time, demonstrating strong retention dynamics and the ability to convert free members to paid over the long-term[143](index=143&type=chunk) - Consistent historical net subscriber retention across member registration years drives a net subscription revenue retention rate of approximately **100%**[143](index=143&type=chunk) [Hardware Revenue](index=39&type=section&id=Hardware%20Revenue) Hardware revenue increased by 3% YoY in Q2'25, primarily driven by a 21% YoY increase in net hardware units shipped, despite a decrease in Average Sale Price (ASP). The company observed continued growth in Tile sales to Life360 users, with full integration of premium Tile features expected to further boost this trend Quarterly Hardware Revenue and Units Shipped | Quarter | Q2'24 ($ million) | Q3'24 ($ million) | Q4'24 ($ million) | Q1'25 ($ million) | Q2'25 ($ million) | | :------ | :---- | :---- | :---- | :---- | :---- | | Hardware Revenue | $11.9 | $11.7 | $13.0 | $11.6 | $12.3 | | HW Units Shipped (million) | 0.7 | 0.8 | 1.9 | 0.5 | 0.8 | | ASP ($) | $15.92 | $12.69 | $12.56 | $16.99 | $14.81 | - Q2'25 hardware revenue increased **3% YoY**, driven by a **21% YoY increase in net hardware units shipped** due to online retail channel sales, despite a **7% YoY decrease in ASP**[147](index=147&type=chunk) - Continued growth in Tiles sold into the Life360 user base is expected to continue with full integration of premium Tile features into the Life360 app[147](index=147&type=chunk) [Other Revenue](index=40&type=section&id=Other%20Revenue) Other revenue experienced a significant 100% YoY growth in Q2'25, primarily driven by the ramp-up of advertising revenue and a renegotiated data agreement. This segment continues to expand as a percentage of total revenue, positively impacting gross margin and indicating substantial long-term growth potential Quarterly Other Revenue and as % of Total Revenue | Quarter | Q1'23 ($ million) | Q2'23 ($ million) | Q3'23 ($ million) | Q4'23 ($ million) | Q1'24 ($ million) | Q2'24 ($ million) | Q3'24 ($ million) | Q4'24 ($ million) | Q1'25 ($ million) | Q2'25 ($ million) | | :------ | :---- | :---- | :---- | :---- | :---- | :---- | :---- | :---- | :---- | :---- | | Other Revenue | $6.1 | $6.5 | $6.5 | $6.5 | $7.3 | $7.3 | $9.3 | $13.0 | $12.8 | $14.5 | | % of Total Revenue | - | - | - | - | - | 9% | 10% | 11% | 12% | 13% | - Q2'25 Other revenue growth of **100% YoY** reflects increases in data and partnership revenue, primarily driven by advertising revenue contribution and a renegotiated data agreement with Placer.ai[152](index=152&type=chunk) - Other revenue continues to expand as a percentage of total revenue, driving positive impacts on gross margin and is expected to have significant long-term growth potential as part of the broader advertising and free user monetization strategy[152](index=152&type=chunk) [Expanding Profitability](index=41&type=section&id=Expanding%20Profitability) Life360 demonstrated expanding profitability in Q2'25, with operating expenses declining as a percentage of revenue to 77%, showcasing strong operating leverage. Adjusted EBITDA margin expanded to 18%, driven by robust subscription revenue growth and increased operational efficiency Operating Expenses as % of Revenue | Quarter | Q1 | Q2 | Q3 | Q4 | | :------ | :-- | :-- | :-- | :-- | | 2023 | 95% | 85% | 83% | 82% | | 2024 | 81% | 79% | 78% | 77% | | 2025 | 74% | 69% | - | - | Adjusted EBITDA & Margin | Quarter | Q1'23 ($ million) | Q2'23 ($ million) | Q3'23 ($ million) | Q4'23 ($ million) | Q1'24 ($ million) | Q2'24 ($ million) | Q3'24 ($ million) | Q4'24 ($ million) | Q1'25 ($ million) | Q2'25 ($ million) | | :------ | :---- | :---- | :---- | :---- | :---- | :---- | :---- | :---- | :---- | :---- | | Adjusted EBITDA | $0.5 | $4.3 | $5.5 | $5.7 | $8.9 | $11.0 | $15.9 | $21.2 | $20.3 | $20.3 | | Margin (%) | 1% | 7% | 8% | 10% | 13% | 15% | 18% | 18% | - | - | - Operating expenses as a percentage of revenue declined to **77% in Q2'25**, demonstrating continued strong operating leverage. Adjusted EBITDA margin expanded to **18% in Q2'25**, driven by strong subscription revenue growth and increased operating leverage[156](index=156&type=chunk) FY'25 Outlook Life360 has increased its FY'25 outlook, now expecting consolidated revenue between $462 million and $482 million, with upward revisions across subscription, hardware, and other revenue segments, and raised Adjusted EBITDA guidance [FY'25 Guidance](index=43&type=section&id=FY%2725%20Guidance) Life360 has increased its FY'25 outlook, now expecting consolidated revenue between $462 million and $482 million, with upward revisions across subscription, hardware, and other revenue segments. The company also raised its Adjusted EBITDA guidance to a range of $72 million to $82 million FY'25 Outlook (Revised Guidance) | Metric | New Guidance ($ million) | Prior Guidance ($ million) | | :-------------------- | :------------------- | :------------------- | | Consolidated Revenue | $462 to $482 | $450 to $480 | | Subscription Revenue | $363 to $367 | $355 to $365 | | Hardware Revenue | $42 to $50 | $40 to $50 | | Other Revenue | $57 to $65 | $55 to $65 | | Adjusted EBITDA | $72 to $82 | $65 to $75 | Appendix The appendix provides detailed operating metrics, unaudited consolidated financial statements, GAAP to Non-GAAP reconciliations, and a competitive landscape analysis [Operating Metrics](index=45&type=section&id=Operating%20Metrics) The operating metrics appendix provides detailed quarterly data for Life360 Core and Consolidated metrics, including Monthly Active Users (MAU), Paying Circles, Average Revenue per Paying Circle (ARPPC), Average Revenue per Paying Subscription (ARPPS), net hardware units shipped, Average Sale Price (ASP), Annualized Monthly Revenue (AMR), and various subscription revenue breakdowns Operating Metrics (Q2 2024 - Q2 2025) | Metric | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | | :------------------------------------------ | :------ | :------ | :------ | :------ | :------ | | MAU - Global (million) | 88.0 | 83.7 | 79.6 | 76.9 | 70.6 | | MAU - U.S. (million) | 47.5 | 45.3 | 43.7 | 42.2 | 40.5 | | MAU - International (million) | 40.5 | 38.4 | 36.0 | 34.7 | 30.1 | | Paying Circles - Total (million) | 2.5 | 2.4 | 2.3 | 2.2 | 2.0 | | ARPPC ($) | 135.42 | 133.42 | 131.76 | 127.57 | 125.96 | | Subscriptions (million) | 3.1 | 3.0 | 2.9 | 2.8 | 2.7 | | ARPPS ($) | 116.06 | 112.98 | 110.43 | 106.27 | 104.00 | | Net hardware units shipped (million) | 0.8 | 0.5 | 1.9 | 0.8 | 0.7 | | ASP ($) | 14.81 | 16.99 | 12.56 | 12.69 | 15.92 | | AMR ($ million) | 416.1 | 393.0 | 367.6 | 336.2 | 304.8 | | Subscription revenue ($ million) | 88.6 | 81.9 | 78.8 | 71.8 | 65.7 | | Core subscription revenue ($ million) | 82.9 | 76.2 | 73.1 | 66.2 | 60.2 | [Financials](index=46&type=section&id=Financials) This section provides the unaudited consolidated financial statements, including the Income Statement for the three months ended June 30, 2025 and 2024, the Balance Sheet as of June 30, 2025 and December 31, 2024, and the Cash Flow Statement for the six months ended June 30, 2025 and 2024 Income Statement (Three Months Ended June 30, $M) | Metric | 2025 ($ million) | 2024 ($ million) | | :-------------------------------- | :--- | :--- | | Total Revenue | 115.4 | 84.9 | | Gross Profit | 90.5 | 63.6 | | Total Operating Expenses | 88.5 | 66.0 | | Income (loss) from operations | 2.0 | (2.4) | | Net income (loss) | 7.0 | (11.0) | | Net income (loss) per share, basic | 0.09 | (0.15) | | Net income (loss) per share, diluted | 0.08 | (0.15) | Balance Sheet (As of June 30, 2025 and December 31, 2024, $M) | Metric | June 30, 2025 ($ million) | December 31, 2024 ($ million) | | :-------------------------------- | :------------ | :---------------- | | Total Current Assets | 521.2 | 241.0 | | Total Assets | 753.6 | 441.6 | | Total Current Liabilities | 73.0 | 77.3 | | Total Liabilities | 386.9 | 83.0 | | Total Stockholders' Equity | 366.7 | 358.5 | Cash Flow (Six Months Ended June 30, $M) | Metric | 2025 ($ million) | 2024 ($ million) | | :-------------------------------- | :--- | :--- | | Net cash provided by operating activities | 25.4 | 13.9 | | Net cash used in investing activities | (32.1) | (2.3) | | Net cash provided by financing activities | 280.5 | 79.7 | | Net Increase in Cash, Cash Equivalents, and Restricted Cash | 273.8 | 91.3 | | Cash, Cash Equivalents, and Restricted Cash at the End of the Period | 434.2 | 162.0 | [GAAP to Non-GAAP Reconciliations & Non-GAAP Financial Measures](index=48&type=section&id=GAAP%20to%20Non-GAAP%20Reconciliations%20%26%20Non-GAAP%20Financial%20Measures) This section provides reconciliations of GAAP to Non-GAAP financial measures, specifically for Cost of Revenue, Operating Expenses, and Adjusted EBITDA. It defines Adjusted EBITDA and explains its use by management for evaluating financial performance and resource allocation, while noting it should not be considered a substitute for GAAP measures Adjusted EBITDA Reconciliation (Three Months Ended June 30, $M) | Metric | 2025 ($ million) | 2024 ($ million) | | :------------------------------------------ | :--- | :--- | | Net income (loss) | 7.0 | (11.0) | | Add (deduct): | | | | Loss on settlement of convertible notes | 1.1 | 0.4 | | Gain on settlement of derivative liability | - | (1.9) | | Gain on change in fair value of investment | (1.3) | - | | Provision for (benefit from) income taxes | (0.4) | 5.5 | | Depreciation and amortization | 3.1 | 2.4 | | Other income, net | (3.4) | (1.0) | | Investment related transaction costs | 0.1 | - | | Stock-based compensation | 15.2 | 10.8 | | IPO-related transaction costs | - | 5.8 | | **Adjusted EBITDA** | **20.3** | **11.0** | - Adjusted EBITDA is defined as net income (loss) excluding specific non-cash or non-core items such as loss on settlement of convertible notes, gain on settlement of derivative liability, gain on change in fair value of investments, income taxes, depreciation and amortization, other income, investment related transaction costs, stock-based compensation, and IPO-related transaction costs[173](index=173&type=chunk) - Adjusted EBITDA is used by management to evaluate financial performance, determine resource allocation, and for period-to-period comparisons, but it is a supplemental measure and not a substitute for GAAP financial information[174](index=174&type=chunk) [Competitive Landscape](index=50&type=section&id=Competitive%20Landscape) The competitive landscape appendix provides a comparative analysis of Life360's features and pricing against various competitors, highlighting its comprehensive offering across family safety, roadside assistance, SOS alerts, driver reports, and item tracking Competitive Feature Comparison | Feature | Life360 | Apple Find My | Google Maps | LifeLock | OnStar | ADT | Car Guardian | Noonlight | Family Link | Find My Kids | AAA | | :-------------------------- | :------ | :------------ | :---------- | :------- | :----- | :-- | :----------- | :-------- | :---------- | :------------ | :-- | | Monthly Price | $14.99 | Free | Free | $7.99 | $14.99 | $79.99 | $4.99 | $34.99 | Free | $10.00 | $14.99 | | Membership | Family circle | Individual | Individual | Family | Individual | Family | Individual | Family | Individual | Individual | Individual | | Available on iOS & Android | √ | √ | √ | √ | √ | √ | √ | √ | √ | √ | √ | | Roadside Assistance | √ | | | √ | | | | √ | | | √ | | SOS Alert | √ | | | | | | √ | √ | | √ | √ | | Driver Reports | √ | | | | √ | | | | | | √ | | Stolen Phone Reimbursement | √ | | | √ | | | | | | | | | Credit Monitoring | Platinum Only | √ | | | | √ | | | | | | | ID Theft Protection | √ | √ | | | | √ | | | | | | | Crash Detection | √ | | | | √ | | √ | √ | | | √ | | Disaster Assistance | Platinum Only | | | | | | | √ | | | | | Travel Assistance | Platinum Only | √ | | | | | | | | | | | Location Sharing | √ | √ | √ | √ | √ | | | √ | √ | √ | √ | | Stolen Funds Reimbursement | √ | √ | | | | √ | | | | | | | Item Tracking | √ | | √ | | | | | | | | | | In-App Messaging | √ | | | | | | | | √ | | | | Pet Tracking | √ | | | | | | | | | | |