secwatch.observer — SEC 8-K summary
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Issuer:     Owlet, Inc. (OWLT)
CIK:        0001816708
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001816708-25-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816708/000181670825000020/0001816708-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816708/000181670825000020/owlt-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001816708-25-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer