---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-009645"
form_type: "8-K"
ticker: "OWLT"
cik: "0001816708"
company_name: "Owlet, Inc."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:49:29.239191+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Owlet Q4 revenue $21M, net loss down 65% YoY; FY23 gross margin up 810 bps

## Summary
- Q4 revenue ~$21.0M; gross margin 47.1%; net loss ~$6.9M vs $19.5M YoY.
- FY 2023 revenue ~$54.0M (down from $69.2M in 2022); gross margin 41.8% (up from 33.7%).
- Adjusted EBITDA loss Q4 ~$0.7M (down 95% YoY); FY ~$16.3M (down 76% YoY).
- CEO cites two FDA authorizations, commercializing medical devices, and expanding healthcare distribution.
- Net loss per share FY 2023 $4.53 compared to $9.98 in 2022.

## SEC filing metadata
- accession: 0001628280-24-009645
- form_type: 8-K
- ticker: OWLT
- cik: 0001816708
- company_name: Owlet, Inc.
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816708/000162828024009645/0001628280-24-009645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816708/000162828024009645/owlt-20240307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-009645
- JSON: https://secwatch.observer/filing/0001628280-24-009645.json
- Plain text: https://secwatch.observer/filing/0001628280-24-009645.txt

## Key facts
- Earnings Releases
  Owlet, Inc. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue approximately $21.0 million, net income Net Loss was approximately $6.9 million, EPS Net loss per share was $0.97.
  - Period: the fourth quarter and fiscal year ended December 31, 2023
  - Revenue: approximately $21.0 million
  - Net income: Net Loss was approximately $6.9 million
  - EPS: Net loss per share was $0.97
  - Result: reported results
  source text: conference call to review the Company’s results and provide a business update today, March 7, 2024, at 4:30 p.m. ET. Q4 2023 Financial Highlights • Q4 Revenue was approximately $21.0 million. • Q4 Gross Margin was approximately 47.1%. • Q4 Net Loss was approximately $6.9 million, down 65% from $19.5 million year over year. • Q4 adjusted EBITDA loss was approximately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816708/000162828024009645/0001628280-24-009645-index.htm
- Earnings Releases
  Owlet, Inc. reported the fiscal year ended December 31, 2023 results: revenue approximately $54.0 million, net income Net Loss was approximately $32.9 million, EPS Net loss per share was $4.53.
  - Period: the fiscal year ended December 31, 2023
  - Revenue: approximately $54.0 million
  - Net income: Net Loss was approximately $32.9 million
  - EPS: Net loss per share was $4.53
  - Result: reported results
  source text: For the fiscal year ended December 31, 2023, revenues were approximately $54.0 million, compared to $69.2 million for the fiscal year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1816708/000162828024009645/0001628280-24-009645-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.