Owlet Inc. reports Q3 revenue of $32.0 million and net income of $4.1 million

Reuters11-14
<a href="https://laohu8.com/S/OWLT">Owlet Inc.</a> reports Q3 revenue of $32.0 million and net income of $4.1 million

Owlet Inc. reported third quarter 2025 revenue of $32.0 million, a 44.6% increase from $22.1 million in the same period of 2024, driven by higher sales of Dream Sock and Dream Duo products. Gross profit reached $16.2 million, with a gross margin of 50.6%, down 1.5 percentage points from the previous year primarily due to tariff impacts. Operating income was $1.2 million, compared to an operating net loss of $4.8 million in Q3 2024. Net income was $4.1 million, improving from a net loss of $5.6 million in the prior year. Adjusted EBITDA was $1.6 million, up $1.0 million year-over-year. The company also completed a warrant exchange and follow-on equity offering in October to strengthen its business and support long-term growth. Operating expenses were $15.0 million, down from $16.4 million in Q3 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Owlet Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251113609258) on November 13, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment