Owlet, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $105.7M | $78.1M | $54.0M | $69.2M | $75.8M |
| Cost of revenue | $52.2M | $38.7M | $31.4M | $45.9M | $40.8M |
| Gross profit | $53.5M | $39.3M | $22.6M | $23.3M | $35.1M |
| Research and development | $14.1M | $9.8M | $10.3M | $27.9M | $21.4M |
| Operating expenses | $61.8M | $59.5M | $51.2M | $107.9M | $90.8M |
| Operating income | -$8.3M | -$20.2M | -$28.6M | -$84.6M | -$55.8M |
| Interest expense | — | $1.6M | $3.2M | $1.1M | $1.8M |
| Pretax income | -$39.6M | -$12.5M | -$32.9M | -$79.3M | -$71.7M |
| Income tax expense | $28,000 | $54,000 | $10,000 | $29,000 | $31,000 |
| Net income | -$39.7M | -$12.5M | -$32.9M | -$79.3M | -$71.7M |
| Balance Sheet | |||||
| Cash and equivalents | $35.5M | $20.2M | $16.6M | $11.2M | $95.1M |
| Current assets | $81.9M | $46.1M | $39.9M | $51.3M | $135.8M |
| Total assets | $85.6M | $49.5M | $44.1M | $58.1M | $140.0M |
| Current liabilities | $44.2M | $36.4M | $45.1M | $66.6M | $69.1M |
| Total liabilities | $50.2M | $66.3M | $73.8M | $68.7M | $84.9M |
| Total debt | $13.0M | $11.7M | $15.2M | — | — |
| Stockholders' equity | $19.0M | -$29.8M | -$37.5M | -$10.6M | $55.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$10.8M | -$11.2M | -$23.5M | -$81.4M | -$40.6M |
| Depreciation and amortization | $521,000 | $452,000 | $842,000 | $1.4M | $1.1M |
| Stock-based compensation | $9.3M | $8.6M | $9.9M | $12.9M | $4.3M |
| Capital expenditure | $273,000 | $35,000 | $16,000 | $636,000 | $969,000 |
| Free cash flow | -$11.1M | -$11.2M | -$23.5M | -$82.0M | -$41.5M |
| Impairments | $46,000 | $1.9M | $29,000 | $41,000 | $0 |
Shares outstanding 29.0M · Free float 41.5%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.