Owlet Inc
NYSE:OWLT
Owlet Inc
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.
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.
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.