Owlet, Inc. (OWLT) Financial Statements
Industry: Measuring & Controlling Devices (Other)
In fiscal 2025, Owlet reported revenue of $105.7M, up 35.4% from $78.1M the year before. Net income was -$39.7M (a -37.5% net margin), or -$2.19 per diluted share. Gross margin was 50.6% and operating margin was -7.8%. Operating activities generated -$10.8M of cash, leaving -$11.1M of free cash flow. At fiscal year end, Owlet held $85.6M in total assets against $50.2M in total liabilities, including $35.5M of cash and equivalents.
Open the full interactive Owlet financials → Quarterly statements, key ratios, valuation history and price charts.
Owlet Key Stats
| Share Price | $4.63 |
|---|---|
| Market Cap | $132.0M |
| Revenue YoY Growth | +35.4% |
| 52-Week Range | $4.44 – $16.52 |
| Shares Outstanding | 28.5 million (basic, 2026 Q2) |
Owlet Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $75.8M | $69.2M | $54.0M | $78.1M | $105.7M |
| Cost of Goods Sold | $0 | $40.8M | $45.9M | $31.4M | $38.7M | $52.2M |
| Gross Profit | $0 | $35.1M | $23.3M | $22.6M | $39.3M | $53.5M |
| Operating Income | — | -$55.8M | -$84.6M | -$28.6M | -$20.2M | -$8.3M |
| Pre-Tax Income | $0 | -$71.7M | -$79.3M | -$32.9M | -$12.5M | -$39.6M |
| Income Tax | $0 | $31,000 | $29,000 | $10,000 | $54,000 | $28,000 |
| Net Income | $0 | -$71.7M | -$79.3M | -$32.9M | -$12.5M | -$39.7M |
| Diluted EPS | — | -$15.82 | -$9.94 | -$4.53 | -$1.57 | -$2.19 |
Owlet Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $32.0M | $26.6M | $22.5M | $33.9M |
| Net Income | $4.1M | -$9.2M | -$3.3M | -$620,000 |
| Diluted EPS | -$0.06 | -$0.51 | -$0.25 | -$0.05 |
Owlet Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | $95.1M | $11.2M | $16.6M | $20.2M | $35.5M |
| Current Assets | $1.6M | $135.8M | $51.3M | $39.9M | $46.1M | $81.9M |
| Total Assets | $231.6M | $140.0M | $58.1M | $44.1M | $49.5M | $85.6M |
| Current Liabilities | $315,328 | $69.1M | $66.6M | $45.1M | $36.4M | $44.2M |
| Total Long-Term Debt | — | $16.5M | $20.7M | $11.9M | $11.7M | $13.0M |
| Total Liabilities | $8.4M | $84.9M | $68.7M | $73.8M | $66.3M | $50.2M |
| Shareholders' Equity | $5.0M | $55.2M | -$10.6M | -$37.5M | -$29.8M | $19.0M |
Owlet Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$455,960 | -$40.6M | -$81.4M | -$23.5M | -$11.2M | -$10.8M |
| Cash From Investing | -$230.0M | -$2.0M | -$1.6M | -$59,000 | -$761,000 | -$943,000 |
| Cash From Financing | $231.7M | $120.6M | -$878,000 | $28.9M | $16.0M | $32.1M |
| Free Cash Flow | — | -$41.5M | -$82.0M | -$23.5M | -$11.2M | -$11.1M |
Figures from Owlet's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Owlet financials page for every line item.
Owlet Company Profile
| Ticker | OWLT |
|---|---|
| Exchange | NYSE |
| Industry | Measuring & Controlling Devices (Other) |
| Headquarters | Lehi, Utah |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001816708 |
Frequently Asked Questions
What was Owlet's revenue in fiscal 2025?
Owlet (OWLT) reported revenue of $105.7M for fiscal 2025.
What is Owlet's annual revenue history?
Owlet's annual revenue by fiscal year: 2020: $0; 2021: $75.8M; 2022: $69.2M; 2023: $54.0M; 2024: $78.1M; 2025: $105.7M.
What was Owlet's net income in fiscal 2025?
Owlet reported net income of -$39.7M for fiscal 2025.
What was Owlet's earnings per share (EPS) in fiscal 2025?
Owlet's diluted EPS was -$2.19 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Owlet generate in fiscal 2025?
Owlet generated -$11.1M of free cash flow in fiscal 2025.
What was Owlet's revenue last quarter?
In its most recent reported quarter (2026 Q2), Owlet reported revenue of $33.9M.
How much debt does Owlet have?
Owlet reported $13.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Owlet are outstanding?
Owlet reported a weighted average of 28.5 million basic shares outstanding in 2026 Q2.
What is Owlet's market cap?
Based on its latest closing price, Owlet (OWLT) has a market capitalization of about $132.0M.
When does Owlet's fiscal year end?
Owlet's fiscal year end, as registered with the SEC, is December 31.
Where is Owlet headquartered?
Owlet lists its business address in Lehi, Utah in its SEC filings.