Owlet Q1 revenue $22.5M (+6.4% YoY); net loss $3.3M vs income $3.0M; cuts FY revenue guidance

Owlet, Inc.

2026-Q1 EPS reported -$0.25 revenue$22,456,000

Q1 revenue $22.5M (+6.4% YoY); subscription revenue record $2.7M; subscribers over 115k.
Net loss $3.3M ($0.15 loss per share) vs net income $3.0M ($0.11 EPS) in Q1 2025.
Adjusted EBITDA -$1.5M vs $0.0M; gross margin 54.5% (+80 bps) despite tariff impacts.
FY 2026 revenue guidance lowered to $118-122M (prev $126-130M); adj. EBITDA guidance raised to $7-9M (prev $3-5M).
Co-founder Kurt Workman reassumes CEO role; sharpening focus on margin and operating efficiency.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Owlet, Inc. reported first quarter ended March 31, 2026 results: revenue $22.5 million, net income Net loss of $3.3 million, EPS $0.15.

Period: first quarter ended March 31, 2026
Revenue: $22.5 million
Net income: Net loss of $3.3 million
EPS: $0.15
Result: reported results

Exact text from the filing

will host a conference call to review the Company’s results and provide a business update today, May 7, 2026, at 4:30 p.m. ET. Q1 2026 Financial Highlights: • Q1 Revenue of $22.5 million, up 6.4% from Q1 2025 • Record Q1 Subscription Revenue of $2.7 million • Q1 Gross Margin of 54.5%, up 80 basis points from Q1 2025 despite tariff cost impacts • Q1 Net Loss of

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Owlet, Inc. filing history →

Source: SEC EDGAR

accession 0001816708-26-000041

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