Filing Flows › Owlet (OWLT) › Q4 2025
Owlet (OWLT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 9, 2026
Owlet (OWLT) reported revenue of $26.6M for the fourth quarter 2025 (Q4 2025), +34% from a year earlier and -17% from the quarter before. Operating margin was -18.4%, net loss $9.1M (34.4% of revenue).
Owlet, Q4 2025: revenue $26.6M (+34% year over year), operating margin -18.4%, net loss $9.1M, operating cash flow −$452K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26.6M | -17% | +34% |
| Operating profit | −$4.9M | -485% | — |
| Net earnings | −$9.1M | -318% | — |
| Operating cash flow | −$452K | — | -115% |
What changed
Revenue was $26.6M in Q4 2025, up 34% year over year and down 17% from the previous quarter.
Gross margin was 47.6%, down 4.4 points from Q4 2024. Operating costs exceeded revenue by $4.9M, an operating margin of -18.4%. Operating expenses fell 4% while revenue rose 34%. The fastest-growing cost line was Research & development (+49%). The quarter ended with a net loss of $9.1M, after a profit of $4.2M the previous quarter.
Operating cash flow was −$452K. Non-cash charges added back $152K of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items added $3.7M. Capital expenditures of $199K exceeded it, leaving free cash flow of −$651K.
Questions
What was Owlet's revenue in the fourth quarter 2025?
Owlet (OWLT) reported revenue of $26.6M for the fourth quarter 2025 (Q4 2025), +34% from a year earlier and -17% from the quarter before.
Was Owlet profitable in the fourth quarter 2025?
Operating loss was $4.9M (-18.4% of revenue) and net loss $9.1M.
Source: Owlet 10-K on SEC EDGAR.