I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 32 M.
EPS: As of FY2025 Q3, the actual value is USD -0.06.
EBIT: As of FY2025 Q3, the actual value is USD 2.1 M.
Segment Revenue
- Record Q3 Revenue of $32.0 million, up 44.6% from Q3 2024, primarily due to higher sales of Dream Sock and Dream Duo products.
Operational Metrics
- Record Q3 Gross Profit of $16.2 million; Q3 Gross Margin of 50.6%, down 150 basis points from Q3 2024 due to tariff impacts.
- Record Q3 Operating Income of $1.2 million, compared to operating net loss of $4.8 million in Q3 2024.
- Record Q3 Net Income of $4.1 million, compared to net loss of $5.6 million in Q3 2024.
- Record Q3 Adjusted EBITDA (non-GAAP) of $1.6 million, improving $1.0 million compared to Q3 2024.
Cash Flow
- Net cash used in operating activities was - $10.3 million for the nine months ended September 30, 2025, compared to - $14.2 million for the same period in 2024.
- Net cash provided by financing activities was $14.2 million for the nine months ended September 30, 2025, compared to $20.1 million for the same period in 2024.
Unique Metrics
- International expansion showed approximately 171% growth year-over-year, with new regulatory clearance in India supporting commercial product launch expected in early 2026.
- Owlet360 subscription surpassed 85,000 paying subscribers, with subscriptions rolling out to international markets soon.
Outlook / Guidance
- For the full year 2025, Owlet expects revenue in the range of $103 million to $106 million, representing 32% to 36% growth year-over-year.
- Gross margins are anticipated to be in the range of 48% to 50%, including the impact of new, increased tariff costs.
- Adjusted EBITDA is projected to be between $1.25 to $2 million.