Owlet(US:OWLT) Businesswire·2026-03-05 21:05Core Insights - Owlet, Inc. reported record financial results for Q4 and full year 2025, with revenue reaching $105.7 million, a 35.4% increase from 2024, demonstrating the scalability and resilience of its business model [1][3] Financial Highlights Q4 2025 Results - Revenue for Q4 2025 was $26.6 million, up 29.6% from $20.5 million in Q4 2024, driven by higher sales of the Dream product suite and Owlet360 subscription service [1][3] - Q4 gross profit was $12.6 million, an increase of $1.7 million from Q4 2024, with a gross margin of 47.6% [1][3] - Q4 adjusted EBITDA was $0.1 million, down from $0.5 million in Q4 2024 [1][3] - Q4 net loss was $9.2 million, slightly higher than the net loss of $9.1 million in Q4 2024 [1][3] Full Year 2025 Results - Full year revenue was $105.7 million, compared to $78.1 million in 2024, marking a 35.4% increase [1][3] - Full year gross profit reached $53.5 million, up $14.2 million from 2024, with a gross margin of 50.6% [1][3] - Full year adjusted EBITDA was $2.0 million, improving by $3.8 million compared to a loss of $1.8 million in 2024 [1][3] - Full year net loss was $39.7 million, significantly higher than the net loss of $12.5 million in 2024, largely due to a non-cash adjustment related to common stock warrants [1][3] 2026 Financial Outlook - For Q1 2026, Owlet expects revenue between $20 million and $21 million, with gross margins of 50% to 52% [1][3] - For the full year 2026, revenue is projected to be between $126 million and $130 million, representing a growth of 19% to 23% over 2025 [1][3] - Full year 2026 adjusted EBITDA is expected to be between $3 million and $5 million, indicating a growth of 50% to 150% compared to 2025 [1][3] Business Strategy and Developments - The launch of the Owlet360 subscription service has strengthened customer relationships and diversified revenue streams, with over 110,000 paying subscribers [1][3] - Owlet is positioning itself as a comprehensive pediatric health platform, leveraging its unique pediatric dataset to redefine modern parenting [1][3]