Filing Flows › Owlet (OWLT) › Q3 2025
Owlet (OWLT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Owlet (OWLT) reported revenue of $32.0M for the third quarter 2025 (Q3 2025), +45% from a year earlier and +23% from the quarter before. Operating margin was 4.0%, net earnings $4.2M (13.1% of revenue).
Owlet, Q3 2025: revenue $32.0M (+45% year over year), operating margin 4.0%, net earnings $4.2M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $32.0M | +23% | +45% |
| Gross profit | $16.2M | +21% | +40% |
| Operating profit | $1.3M | — | — |
| Net earnings | $4.2M | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $32.0M in Q3 2025, up 45% year over year and up 23% from the previous quarter.
Gross margin was 50.6%, down 1.5 points from a year earlier. Operating profit was $1.3M, a 4.0% margin (up 25.8 points year over year). Operating expenses fell 9% while revenue rose 45%. The fastest-growing cost line was Research & development (+47%). Net earnings were $4.2M. The effective tax rate was 0.2%. Non-operating items added $2.9M, 70% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.2M. Non-cash charges added back $141K of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $7.9M. Capital expenditures of $9K exceeded it, leaving free cash flow of −$2.2M.
Questions
What was Owlet's revenue in the third quarter 2025?
Owlet (OWLT) reported revenue of $32.0M for the third quarter 2025 (Q3 2025), +45% from a year earlier and +23% from the quarter before.
Was Owlet profitable in the third quarter 2025?
Operating profit was $1.3M (4.0% of revenue) and net earnings $4.2M.
Source: Owlet 10-Q on SEC EDGAR.