Owlet Inc
NYSE:OWLT

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Owlet Inc
NYSE:OWLT
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Price: 10.94 USD 1.3%
Market Cap: $301.7m

Owlet Inc
Investor Relations

Owlet, Inc. is a digital parenting platform, which provides parents real-time data and insights of parenting. The company is headquartered in Los Angeles, California. The company went IPO on 2020-09-15. The firm's platform focuses on giving real-time data and insights to parents. Its products include owlet dream sock, an app to assist children with better sleep; owlet cam, a video streaming app to hear and see the baby from anywhere, and dream lab, an online and interactive sleep training program for babies. The firm offers sock monitor offerings, which include Smart Sock and Dream Sock and Dream Sock Plus; Cam; Monitor Duo/Dream Duo; Dream Lab, and accessories. Its monitoring pipeline includes Sock Versions, which includes Smart Sock Plus, Over-the-Counter (OTC) Smart Sock and BabySat, and Band. The Company’s products are available for purchase at global and national retail stores, as well as through online channels on Amazon.com and other online retail sites, as well as its direct-to-consumer channel on its country-specific Websites.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 13, 2025
AI Summary
Q3 2025

Record Results: Owlet posted its strongest quarter ever, with revenue of $32 million, up 45% year-on-year, and its first quarterly operating profit.

Guidance Raised: The company increased its full-year 2025 revenue guidance to $103–106 million, now expecting 32–36% growth.

Gross Margin Resilience: Gross margin reached 50.6% despite tariff headwinds, with updated full-year guidance narrowed to 48–50%.

Subscription Growth: Owlet360 subscription surpassed 85,000 paying subscribers, with attach rate over 25%, and plans for international rollout and new features.

Regulatory Advantage: Owlet's Dream Sock remains the only FDA-cleared over-the-counter infant monitor, gaining a competitive edge after new FDA warnings on unregulated devices.

International Expansion: International revenue grew 171% year-on-year, with new regulatory clearance in India and strength across Europe.

Healthcare Partnerships: Launched first hospital partnership with CHKD for insurance-reimbursed monitoring, and accelerated hospital integration via the Rhapsody partnership.

Key Financials
Revenue
$32 million
Gross Profit
$16.2 million
Gross Margin
50.6%
Operating Expenses
$15 million
Operating Income
$1.2 million
Net Income
$4.1 million
Adjusted EBITDA
$1.6 million
Cash and Cash Equivalents
$23.8 million
Line of Credit Balance
$18.6 million
Term Loan Principal Balance
$7.5 million
Shares Outstanding
27.6 million
Owlet360 Paying Subscribers
over 85,000
Dream Sock Subscription Attach Rate
over 25%
International Revenue Growth
up 171% year-over-year
Market Share of Baby Monitors
40%
Net Promoter Score (Dream Sock)
77
Net Promoter Score (Blended Products)
71
Earnings Call Recording
Other Earnings Calls

Management

Mr. Kurt Workman
Co-Founder, CEO & Director
No Bio Available
Mr. Jonathan Harris
President & Chief Revenue Officer
No Bio Available
Ms. Amanda Twede Crawford
Chief Financial Officer
No Bio Available
Mr. David Kizer
Chief Operating Officer
No Bio Available
Mr. Burc Sahinoglu
Chief Technology Officer
No Bio Available
Ms. Elizabeth Teran
Chief Marketing Officer
No Bio Available

Contacts

Address
CALIFORNIA
Los Angeles
1999 Avenue Of The Stars, Suite 2088
Contacts