Filing Flows › Life360 (LIF) › Q1 2025
Life360 (LIF) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Life360 (LIF) reported revenue of $104M for the first quarter 2025 (Q1 2025), +32% from a year earlier and -10% from the quarter before. Operating margin was 2.1%, net earnings $4.4M (4.2% of revenue).
Life360, Q1 2025: revenue $104M (+32% year over year), operating margin 2.1%, net earnings $4.4M, operating cash flow $12.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $104M | -10% | +32% |
| Gross profit | $83.5M | -2% | +39% |
| Operating profit | $2.2M | -62% | — |
| Net earnings | $4.4M | -48% | — |
| Operating cash flow | $12.1M | -2% | +13% |
| Free cash flow | $11.9M | +7% | +12% |
What changed
Revenue was $103.6M in Q1 2025, up 32% year over year and down 10% from the previous quarter. Subscription revenue was the largest line at 79% of revenue. Subscription revenue added $20.3M year over year (up 33%), 80% of the total change. Hardware revenue declined 13%.
Gross margin was 80.6%, up 3.9 points from a year earlier. Operating profit was $2.2M, a 2.1% margin (up 10.3 points year over year). Operating expenses grew 23% against revenue growth of 32%. The fastest-growing cost line was Sales & marketing (+43%). Net earnings were $4.4M. The effective tax rate was -5.1%. Non-operating items added $2.0M, 47% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $12.1M (up 13% year over year), 275% of net earnings. Non-cash charges added back $2.9M of depreciation and amortization and $9.9M of share-based compensation. Working capital and other items used $5.1M. Capital expenditures of $124K left free cash flow of $11.9M.
Questions
What was Life360's revenue in the first quarter 2025?
Life360 (LIF) reported revenue of $104M for the first quarter 2025 (Q1 2025), +32% from a year earlier and -10% from the quarter before.
Was Life360 profitable in the first quarter 2025?
Operating profit was $2.2M (2.1% of revenue) and net earnings $4.4M.
Source: Life360 10-Q on SEC EDGAR.