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OWLT-News
OWLT-Events
Owlet Reports Q2 Revenue of $33.9M, Beating Expectations
Report Q2 revenue $33.9M, consensus $31.72M. "Owlet delivered an exceptional second quarter, with record quarterly revenue, gross profit, and adjusted EBITDA," said Kurt Workman, Owlet's President, Chief Executive Officer, and Co-Founder. "We are executing across each of our strategic growth areas, and it is showing up in our results - strong topline growth, standout international momentum, and continued Owlet360 subscription platform growth. We believe our biggest opportunity from here is growing subscribers, and that is exactly where the company is focused."
Raises FY26 Adjusted EBITA Outlook to $10.75B-$12.75B
Raises FY26 adjusted EBITA view to $10.75B-$12.75B from $7M-$9M.
FY26 Gross Margin Expected Between 50% and 52%
Sees FY26: Gross margin is expected to be in the range of 50% to 52%, compared to our previous guidance of 49% to 52%. Adjusted EBITDA is expected to be in the range of $7 to $9 million, representing 250% to 350% growth over 2025, compared to our previous guidance of $3 to $5 million.
Owlet Q1 Revenue Hits $22.5M, Exceeds Expectations
Reports Q1 revenue $22.5M, consensus $20.8M. "I am reassuming the CEO role to build on the mission I started 12 years ago, with a clear, long-term mandate to lead Owlet through its next phase of scale and development in pediatric health," said Kurt Workman, Owlet's President, Chief Executive Officer, and Co-Founder. "While our core mission hasn't changed, we are prioritizing our highest value opportunities to drive long-term stakeholder value, while sharpening our focus on business execution and operating efficiency. We are making significant strides in our evolution into a comprehensive pediatric health and data platform. Our Owlet360 subscription engine is thriving, scaling to over 115,000 paying subscribers to end the first quarter, and we are excited to announce the official release in our app of Owlet's OnCall pediatric telehealth service. We believe that combining insights from our platform with access to pediatric consultation will provide greater value to parents, simplify access to care, and lengthen the customer relationship. Looking ahead, we are concentrating our resources to capture the significant white space available in our current high-value markets. With a sharpened focus, disciplined financial strategy, and a clear roadmap to take the business to the next level, I have total confidence in Owlet's path as we scale our pediatric health platform and strive to build the standard for at-home infant care."
Owlet Launches New Employer Benefit Program with VGM Group
Owlet announced the launch of Owlet for Orgs, a new employer benefit program that enables companies to provide new and expecting parents with its trusted infant health technology. Owlet is proud to announce VGM Group, Inc., a 100% employee-owned company providing business and professional services to thousands of business customers across North America, as its inaugural employer partner.
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