Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus on both top and bottom lines: revenue $33.87M vs. $31.72M expected, and GAAP EPS -$0.05 vs. -$0.09 expected. Total gross margin reached 64.4%, substantially outperforming the 51.2% mean estimate, primarily driven by a $4.0M IEEPA tariff refund. Hardware sales grew 21.6% YoY behind strong consumer demand, while subscription revenue surged 273% YoY. Management successfully refinanced high-cost debt with a new $25M Wells Fargo credit facility, though operating expenses spiked due to CEO transition costs and stock-based compensation.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Owlet(OWLT) the Revenue is 33.9 M (+29.89%), Beat estimate;the EBIT is 1.7 M (+189.5%), Beat estimate;the EPS is -0.05 (+97.89%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.03B29.89%
0.03B21.53%
+0.00B8.36%
EBITExceed expectations
0.00B189.47%
-0.00B65.88%
+0.00B123.59%
EPSExceed expectations
-0.0597.89%
-0.087596.31%
+0.03751.58%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf