Filing Flows › Owlet (OWLT) › Q2 2025
Owlet (OWLT) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Owlet (OWLT) reported revenue of $26.1M for the second quarter 2025 (Q2 2025), +26% from a year earlier and +21% from the quarter before. Operating margin was -7.4%, net loss $37.4M (143.5% of revenue).
Owlet, Q2 2025: revenue $26.1M (+26% year over year), operating margin -7.4%, net loss $37.4M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26.1M | +21% | +26% |
| Operating profit | −$1.9M | — | — |
| Net earnings | −$37.4M | -1337% | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $26.1M in Q2 2025, up 26% year over year and up 21% from the previous quarter.
Gross margin was 51.3%, up 1.8 points from a year earlier. Operating costs exceeded revenue by $1.9M, an operating margin of -7.4%. Operating expenses grew 22% against revenue growth of 26%. The fastest-growing cost line was Research & development (+58%). The quarter ended with a net loss of $37.4M, after a profit of $3.0M the previous quarter. Net interest and other expense of $35.5M was the main reason.
Operating cash flow was −$2.2M. Non-cash charges added back $109K of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $33.6M. Capital expenditures of $61K exceeded it, leaving free cash flow of −$2.3M.
Questions
What was Owlet's revenue in the second quarter 2025?
Owlet (OWLT) reported revenue of $26.1M for the second quarter 2025 (Q2 2025), +26% from a year earlier and +21% from the quarter before.
Was Owlet profitable in the second quarter 2025?
Operating loss was $1.9M (-7.4% of revenue) and net loss $37.4M.
Source: Owlet 10-Q on SEC EDGAR.