Owlet Q2 revenue $26.1M (+26% YoY), raises FY2025 guidance; announces CEO transition

Owlet, Inc.

2025-Q2 EPS reported -$2.26 revenue$47,167,000

Q2 revenue $26.1M, up 25.9% YoY; gross margin 51.3%, up 180 bps.
Net loss $37.6M includes $34.8M non-cash warrant adjustment; adjusted EBITDA $0.3M vs $0.1M prior year.
Full-year 2025 revenue guidance raised to $97-100M (24-28% growth); expects adjusted EBITDA profitable.
CEO Kurt Workman steps down Oct 1, 2025; becomes Executive Chairman; President Jonathan Harris becomes CEO.
Owlet360 subscription surpasses 66,000 paying subscribers with steady growth.

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