Owlet reports record FY 2025 revenue of $105.7M, initiates 2026 guidance

Owlet, Inc.

Q4 2025 revenue $26.6M (+29.6% YoY); gross margin 47.6%; net loss $9.2M ($0.39/share).
FY 2025 record revenue $105.7M (+35.4% YoY); record gross margin 50.6%; record adjusted EBITDA $2.0M.
FY 2025 net loss $39.7M includes $26.6M non-cash warrant liability adjustment; operating loss narrowed to $8.3M.
Q1 2026 revenue guidance $20-21M; FY 2026 revenue guidance $126-130M (19-23% growth); Owlet360 subscribers exceed 110,000.

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