<span item_type="fundamental" item_id="5dbaa9df5e19a240c6c52b755f4f39b4" counter_id="ST/US/OWLTW" env="prod"></span><span item_type="announcement" item_id="582437347016442113" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 32 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -0.06.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 2.1 M.</p><p></p><h3>Segment Revenue</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li><li>Record Q3 Operating Income of $1.2 million, compared to operating net loss of $4.8 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li><li>Record Q3 Net Income of $4.1 million, compared to net loss of $5.6 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li><li>Record Q3 Adjusted EBITDA (non-GAAP) of $1.6 million, improving $1.0 million compared to Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>International expansion showed approximately 171% growth year-over-year, with new regulatory clearance in India supporting commercial product launch expected in early 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li><li>Owlet360 subscription surpassed 85,000 paying subscribers, with subscriptions rolling out to international markets soon.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li><li>Gross margins are anticipated to be in the range of 48% to 50%, including the impact of new, increased tariff costs.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li><li>Adjusted EBITDA is projected to be between $1.25 to $2 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1816708/000181670825000060/ex-991q325earningspressrel.htm"></span></li></ul>

OWLET INC | 8-K: FY2025 Q3 Revenue: USD 32 M