Life360 Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Life360 has an operating margin of -2.1%, meaning the company retains $-2 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -9.8% the prior year.
Life360's revenue surged 22.0% year-over-year to $371.5M, reflecting rapid business expansion. This strong growth earns a score of 91/100.
Life360 carries a low D/E ratio of 0.23, meaning only $0.23 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.12, Life360 holds $3.12 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Life360 has a free cash flow margin of 8.5%, earning a moderate score of 42/100. The company generates positive cash flow after capital investments, but with room for improvement.
Life360 passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Life360 generates $-7.16 in operating cash flow ($32.6M OCF vs -$4.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
This page shows Life360 (LIFX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Life360 generated $371.5M in revenue in fiscal year 2024. This represents an increase of 22.0% from the prior year.
Life360's EBITDA was $1.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 108.6% from the prior year.
Life360 generated $31.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 347.8% from the prior year.
Life360 reported -$4.6M in net income in fiscal year 2024. This represents an increase of 83.8% from the prior year.
Life360 earned $-0.06 per diluted share (EPS) in fiscal year 2024. This represents an increase of 85.7% from the prior year.
Life360 held $159.2M in cash against $0 in long-term debt as of fiscal year 2024.
Life360 had 75M shares outstanding in fiscal year 2024. This represents an increase of 10.6% from the prior year.
Life360's gross margin was 75.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 2.0 percentage points from the prior year.
Life360's operating margin was -2.1% in fiscal year 2024, reflecting core business profitability. This is up 7.7 percentage points from the prior year.
Life360's net profit margin was -1.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 8.0 percentage points from the prior year.
Life360 invested $113.1M in research and development in fiscal year 2024. This represents an increase of 12.0% from the prior year.
Life360 invested $1.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 134.6% from the prior year.
LIFX Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $124.5M+7.9% | $115.4M+11.3% | $103.6M-10.3% | $115.5M+36.1% | $84.9M+8.5% | $78.2M-10.0% | $87.0M+10.6% | $78.6M |
| Cost of Revenue | $27.4M+10.0% | $24.9M+23.9% | $20.1M-33.1% | $30.0M+41.4% | $21.2M+16.6% | $18.2M-32.1% | $26.8M+29.3% | $20.7M |
| Gross Profit | $97.1M+7.3% | $90.5M+8.3% | $83.5M-2.3% | $85.5M+34.4% | $63.6M+6.0% | $60.0M-0.2% | $60.1M+3.9% | $57.9M |
| R&D Expenses | $32.4M+0.5% | $32.3M+6.1% | $30.4M+2.1% | $29.8M+10.3% | $27.0M-0.9% | $27.3M+4.8% | $26.0M+5.9% | $24.6M |
| SG&A Expenses | $20.0M+15.1% | $17.4M+11.0% | $15.6M-5.0% | $16.5M+12.7% | $14.6M+1.5% | $14.4M+12.6% | $12.8M-9.1% | $14.1M |
| Operating Income | $5.7M+185.7% | $2.0M-9.0% | $2.2M-61.7% | $5.7M+341.9% | -$2.4M+63.0% | -$6.4M-46.9% | -$4.3M+33.3% | -$6.5M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $427K+208.9% | -$392K-83.2% | -$214K+90.3% | -$2.2M-140.5% | $5.5M+293.0% | $1.4M+239.2% | $411K+341.8% | -$170K |
| Net Income | $9.8M+39.8% | $7.0M+60.0% | $4.4M-48.5% | $8.5M+177.5% | -$11.0M-12.1% | -$9.8M-210.8% | -$3.1M+51.9% | -$6.5M |
| EPS (Diluted) | $0.11+37.5% | $0.08+60.0% | $0.05-64.3% | $0.14+193.3% | $-0.15-7.1% | $-0.14-250.0% | $-0.04+60.0% | $-0.10 |
LIFX Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $787.5M+4.5% | $753.6M+65.5% | $455.4M+3.1% | $441.6M+8.8% | $405.9M+27.3% | $318.8M-0.9% | $321.7M+1.7% | $316.4M |
| Current Assets | $557.0M+6.9% | $521.2M+108.4% | $250.1M+3.8% | $241.0M+10.3% | $218.4M+66.2% | $131.5M0.0% | $131.4M+5.2% | $124.9M |
| Cash & Equivalents | $455.7M+5.3% | $432.7M+156.3% | $168.9M+6.0% | $159.2M-1.0% | $160.8M+119.1% | $73.4M+6.4% | $69.0M+11.5% | $61.8M |
| Inventory | $14.1M+46.1% | $9.7M+1.1% | $9.6M+18.8% | $8.1M+45.3% | $5.5M-12.5% | $6.3M+54.6% | $4.1M-62.5% | $10.9M |
| Accounts Receivable | $66.1M+12.2% | $58.9M+13.2% | $52.0M-10.3% | $58.0M+42.8% | $40.6M+9.7% | $37.0M-12.2% | $42.2M+6.2% | $39.7M |
| Goodwill | $134.6M0.0% | $134.6M0.0% | $134.6M+0.7% | $133.7M0.0% | $133.7M0.0% | $133.7M0.0% | $133.7M0.0% | $133.7M |
| Total Liabilities | $396.0M+2.3% | $386.9M+388.9% | $79.1M-4.7% | $83.0M+4.8% | $79.2M+0.4% | $78.9M+5.7% | $74.7M-1.9% | $76.1M |
| Current Liabilities | $81.9M+12.3% | $73.0M-1.5% | $74.0M-4.3% | $77.3M-0.4% | $77.6M+4.9% | $74.0M+4.5% | $70.8M-2.6% | $72.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $5.2M+15.8% | $4.5M-0.2% | $4.5M |
| Total Equity | $391.4M+6.8% | $366.7M-2.6% | $376.3M+4.9% | $358.5M+9.7% | $326.7M+36.2% | $239.8M-2.9% | $247.1M+2.8% | $240.3M |
| Retained Earnings | -$268.5M+3.5% | -$278.3M+2.5% | -$285.3M+1.5% | -$289.7M+5.3% | -$305.9M-3.7% | -$294.9M-3.4% | -$285.1M-1.1% | -$282.0M |
LIFX Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $26.4M+98.5% | $13.3M+10.5% | $12.1M-2.1% | $12.3M+278.9% | $3.3M-69.6% | $10.7M+19.3% | $9.0M+118.8% | $4.1M |
| Capital Expenditures | $799K+24.5% | $642K+417.7% | $124K-89.0% | $1.1M+2103.9% | $51K | $0-100.0% | $480K | $0 |
| Free Cash Flow | $25.6M+102.3% | $12.7M+6.2% | $11.9M+6.6% | $11.2M+249.9% | $3.2M-70.1% | $10.7M+26.1% | $8.5M+107.1% | $4.1M |
| Investing Cash Flow | -$1.8M+93.4% | -$27.7M-538.2% | -$4.3M+36.5% | -$6.8M-454.4% | -$1.2M-13.3% | -$1.1M-13.1% | -$963K-162.4% | -$367K |
| Financing Cash Flow | -$1.6M-100.6% | $278.3M+12648.1% | $2.2M+141.9% | -$5.2M-106.1% | $85.4M+1595.7% | -$5.7M-508.0% | -$939K+77.7% | -$4.2M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
LIFX Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 78.0%-0.4pp | 78.4%-2.2pp | 80.6%+6.6pp | 74.0%-1.0pp | 75.0%-1.7pp | 76.7%+7.6pp | 69.2%-4.5pp | 73.6% |
| Operating Margin | 4.6%+2.8pp | 1.7%-0.4pp | 2.1%-2.8pp | 5.0%+7.7pp | -2.8%+5.4pp | -8.2%-3.2pp | -5.0%+3.3pp | -8.3% |
| Net Margin | 7.9%+1.8pp | 6.1%+1.8pp | 4.2%-3.1pp | 7.3%+20.3pp | -12.9%-0.4pp | -12.5%-8.9pp | -3.6%+4.7pp | -8.3% |
| Return on Equity | 2.5%+0.6pp | 1.9%+0.8pp | 1.2%-1.2pp | 2.4% | N/A | N/A | N/A | N/A |
| Return on Assets | 1.2%+0.3pp | 0.9%-0.0pp | 1.0%-1.0pp | 1.9%+4.6pp | -2.7%+0.4pp | -3.1%-2.1pp | -1.0%+1.1pp | -2.1% |
| Current Ratio | 6.80-0.3 | 7.14+3.8 | 3.38+0.3 | 3.12+0.3 | 2.81+1.0 | 1.78-0.1 | 1.86+0.1 | 1.72 |
| Debt-to-Equity | 1.01-0.0 | 1.06+0.8 | 0.21-0.0 | 0.23-0.0 | 0.24+0.2 | 0.020.0 | 0.020.0 | 0.02 |
| FCF Margin | 20.6%+9.6pp | 11.0%-0.5pp | 11.5%+1.8pp | 9.7%+5.9pp | 3.8%-9.9pp | 13.7%+3.9pp | 9.8%+4.5pp | 5.2% |
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Frequently Asked Questions
What is Life360's annual revenue?
Life360 (LIFX) reported $371.5M in total revenue for fiscal year 2024. This represents a 22.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Life360's revenue growing?
Life360 (LIFX) revenue grew by 22% year-over-year, from $304.5M to $371.5M in fiscal year 2024.
Is Life360 profitable?
No, Life360 (LIFX) reported a net income of -$4.6M in fiscal year 2024, with a net profit margin of -1.2%.
What is Life360's earnings per share (EPS)?
Life360 (LIFX) reported diluted earnings per share of $-0.06 for fiscal year 2024. This represents a 85.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Life360's EBITDA?
Life360 (LIFX) had EBITDA of $1.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Life360's gross margin?
Life360 (LIFX) had a gross margin of 75.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Life360's operating margin?
Life360 (LIFX) had an operating margin of -2.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Life360's net profit margin?
Life360 (LIFX) had a net profit margin of -1.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Life360's free cash flow?
Life360 (LIFX) generated $31.4M in free cash flow during fiscal year 2024. This represents a 347.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Life360's operating cash flow?
Life360 (LIFX) generated $32.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Life360's total assets?
Life360 (LIFX) had $441.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Life360's capital expenditures?
Life360 (LIFX) invested $1.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Life360 spend on research and development?
Life360 (LIFX) invested $113.1M in research and development during fiscal year 2024.
How many shares does Life360 have outstanding?
Life360 (LIFX) had 75M shares outstanding as of fiscal year 2024.
What is Life360's current ratio?
Life360 (LIFX) had a current ratio of 3.12 as of fiscal year 2024, which is generally considered healthy.
What is Life360's debt-to-equity ratio?
Life360 (LIFX) had a debt-to-equity ratio of 0.23 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Life360's return on assets (ROA)?
Life360 (LIFX) had a return on assets of -1.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Life360's Piotroski F-Score?
Life360 (LIFX) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Life360's earnings high quality?
Life360 (LIFX) has an earnings quality ratio of -7.16x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Life360?
Life360 (LIFX) scores 67 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.