Life360 Raises 2026 Revenue Floor After Growth Acceleration

The Tip Desk · November 12, 2026 · 4 min read

Third-quarter revenue reached $174.1 million, up 40% from a year earlier, as the company lifted its 2026 consolidated revenue floor to $665 million.

Life360, Inc. (LIF), the provider of a family connection and safety mobile application, reported third-quarter revenue of $174.1 million, up 40% from a year earlier, accelerating from 38% year-over-year growth in both the second and first quarters of 2026.

Chief Financial Officer Russell Burke said the quarter delivered the revenue growth acceleration foreshadowed in second-quarter results, along with moderating operating expense growth after a period of investment in the first half.

Subscription revenue was $124.2 million, up 29% year-over-year. Core subscription revenue, which excludes hardware-related subscriptions, was $119.9 million, up 32%. The company attributed the subscription increase primarily to a 26% rise in Paying Circles and a 4% increase in average revenue per paying circle.

Advertising revenue was $25.4 million, up 250% year-over-year, which the company said was driven primarily by growth in managed advertising following the Nativo acquisition. Other revenue was $15.5 million, up 61%, on higher partnership and data revenue. Hardware revenue was $9.0 million, down 20%, after net hardware units shipped fell 32% to about 0.6 million units, which the company tied to the exit of brick-and-mortar retail and lower online retail sales.

Global monthly active users reached approximately 107.7 million after 5.3 million net additions, up 17% year-over-year. International MAU crossed 50 million. U.S. MAU was 55.8 million, up 14% year-over-year. International MAU was 51.9 million, up 21%.

Global Paying Circle net additions were a third-quarter record of 188 thousand, bringing Paying Circles to 3.4 million, up 26% year-over-year. U.S. Paying Circles were 2.4 million, up 24%, which the company said was driven by improved conversion metrics. International Paying Circles were 1.0 million, up 31%. Average revenue per paying circle was $143.56, up 4% year-over-year, which the company said reflected a shift toward higher-priced offerings and the early impact of U.S. price increases. International ARPPC rose 10% year-over-year. Annualized monthly revenue was $578.0 million, up 29% year-over-year.

Gross profit was $134.0 million. Gross margin was 77%, down from 78% a year earlier, which the company said was primarily due to lower advertising gross margin after the Nativo mix shift, partially offset by improved subscription gross margin. Operating expenses were $126.0 million, up 38% year-over-year, on higher personnel costs, the Nativo acquisition, app store commissions and growth media spend. Operating expenses as a percentage of revenue fell to 72% from 73% in the year-ago quarter and from 80% in the second quarter of 2026.

Adjusted EBITDA was $34.6 million, up 41% from $24.5 million in the third quarter of 2025, on a 20% margin. Net income was $22.5 million, up 130% year-over-year, including a $17.5 million net gain on the fair value of investments. Operating cash flow was $27.2 million, up 3% year-over-year. Cash, cash equivalents, restricted cash and short-term investments were $465.0 million at quarter-end.

The company repurchased 666,336 treasury shares for $31.2 million in the quarter. Since the May 2026 authorization of a $225.0 million program, it has repurchased shares for $44.4 million, leaving about $180.6 million available. It said it plans to offset dilution measured by stock-based compensation on a rolling 12-month basis from the program’s launch.

For full-year 2026, Life360 now expects consolidated revenue of $665 million to $681 million, or 36% to 39% year-over-year growth, raised from a prior range of $650 million to $685 million. Subscription revenue is expected at $483 million to $488 million. Hardware revenue guidance was narrowed to $35 million to $40 million. Advertising revenue guidance was narrowed to $98 million to $102 million. Other revenue is expected at $49 million to $51 million. Adjusted EBITDA guidance was narrowed to $132 million to $138 million, or an approximately 20% margin. MAU growth guidance of 17% to 20% was unchanged.

For the fourth quarter, the company said it expects continued revenue momentum underpinned by recent subscription price increases and seasonal advertising uplift, combined with cost efficiency and seasonally lower growth media spend, and expects strengthening operating leverage. Antonoff said early results from U.S. price changes are encouraging and that advertising is building a foundation for a larger business, with growing proof points from leading brands providing positive signals for 2027.