Life360 (NASDAQ: LIF) posts record 2025 revenue and first full-year profit
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Life360 reported record 2025 results with its first full year of profitability and strong growth across key metrics. Total 2025 revenue reached $489.5 million, up 32% year-over-year, driven mainly by subscription revenue of $369.3 million and rapidly expanding data and partnership revenue.
Adjusted EBITDA more than doubled to $93.2 million, up 105% year-over-year, for a 19% margin. Net income was $150.8 million, helped by a one-time, non-cash tax benefit of $118.4 million. In Q4 2025, revenue grew 26% to $146.0 million and Adjusted EBITDA rose to $32.4 million, a 22% margin.
Monthly Active Users increased 20% to about 95.8 million, and Paying Circles grew 26% to 2.8 million, supporting Annualized Monthly Revenue of $478.0 million, up 30%. Year-end cash, cash equivalents and restricted cash rose to $495.8 million from $160.5 million, aided by operating cash flow and June 2025 convertible notes.
For 2026, Life360 guides to revenue of $640–$680 million, including $460–$470 million of subscription revenue and $140–$160 million of other revenue, with Adjusted EBITDA of $128–$138 million (around a 20% margin) and targeted 20% MAU growth.
Positive
- Profitable scale with rapid margin expansion: 2025 revenue grew 32% to $489.5 million while Adjusted EBITDA rose 105% to $93.2 million, lifting margin to 19% and demonstrating strong operating leverage.
- First full year of net income: Net income reached $150.8 million in 2025, marking Life360’s first profitable year and reflecting both business strength and the impact of a $118.4 million one-time non-cash tax benefit.
- Strong user and subscriber growth: Monthly Active Users climbed 20% to about 95.8 million and Paying Circles grew 26% to 2.8 million, supporting a 30% increase in Annualized Monthly Revenue to $478.0 million.
- Significantly stronger balance sheet: Cash, cash equivalents and restricted cash increased to $495.8 million from $160.5 million, driven by $88.6 million of operating cash flow and proceeds from June 2025 convertible notes, providing substantial financial flexibility.
- Ambitious 2026 guidance: Management projects 2026 revenue of $640–$680 million and Adjusted EBITDA of $128–$138 million (around a 20% margin), with expected 20% MAU growth, signaling confidence in continued expansion.
Negative
- None.
Insights
Life360 delivered strong, profitable growth in 2025 and guided to continued expansion in 2026.
Life360 showed a powerful operating inflection in 2025. Revenue grew to
Growth is rooted in subscription scale and engagement. Monthly Active Users reached roughly 95.8 million and Paying Circles rose
The balance sheet strengthened materially, with cash, cash equivalents and restricted cash of
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 2, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices, including zip code) | ||
( | ||
| (Registrant’s telephone number, including area code) | ||
| Not applicable. | ||
| (Former name or former address, if changed since last report) | ||
______________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Common Stock, $0.001 par value per share | LIF | The Nasdaq Stock Market LLC | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | ||
Item 2.02 Results of Operations and Financial Condition.
Life360, Inc., a Delaware corporation (“the Company”) is furnishing this Current Report on Form 8-K in connection with the disclosure of information, in the form of textual information from a media release issued on March 2, 2026 . A copy of the media release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 7.01 Regulation FD Disclosure.
The Company is furnishing this Item 7.01 of this Current Report on Form 8-K in connection with the disclosure of information, in the form of the textual information from a PowerPoint presentation to be given during a conference call and webcast on March 2, 2026 at 5:00 p.m. Eastern Time. A copy of the PowerPoint presentation to be used for the conference call and webcast is furnished as Exhibit 99.2 to this Current Report on Form 8-K.
The information in Item 2.02 (including Exhibit 99.1) and Item 7.01 (including Exhibit 99.2) of this Current Report on Form 8-K is furnished and shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
The replay of the conference call and webcast will be available on the Company’s website located at www.life360.com, although the Company reserves the right to discontinue that availability at any time.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | ||||
| 99.1 | Media release of the Registrant dated March 2, 2026 | ||||
| 99.2 | Life360, Inc. Investor Presentation | ||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LIFE360, INC. | |||||||||||
| Dated: | By: | /s/ Russell Burke | |||||||||
| Russell Burke | |||||||||||
| Chief Financial Officer | |||||||||||
March 2, 2026 Life360 Reports Record Q4 2025 Results Monthly Active Users Reached Approximately 95.8 million; Up 20% Year-Over-Year Record Annual Global Net Additions of 576 thousand Paying Circles, Reaching 2.8 million Total Total Annual Revenue Grew 32% Year-Over-Year to $489.5 million Annualized Monthly Revenue Increased 30% Year-Over-Year to $478.0 million Record Annual Adjusted EBITDA of $93.2 million SAN FRANCISCO, California. Life360, Inc. (Life360 or the Company) (NASDAQ: LIF, ASX: 360), the provider of the market leading family safety and connection mobile application, today announced unaudited financial results for the fourth quarter (Q4) and audited financial results for the full year ended December 31, 2025. Building on the momentum of prior quarters, the Company achieved record-breaking results across key metrics, including Monthly Active Users (MAU), Paying Circles, Global Net Additions, Subscription Revenue, Annualized Monthly Revenue, Net Income, and Adjusted EBITDA. "2025 was a landmark year for Life360. For the first time in company history, we achieved annual net income, reflecting both the fundamental strength of our freemium model and the operating discipline we've built over the past several years," said Life360 Chief Executive Officer Lauren Antonoff. "We exited the year with 95.8 million monthly active users, 2.8 million Paying Circles with record annual net additions, full-year revenue growth of 32%, and 105% growth of Adjusted EBITDA." "Beyond the numbers, we made significant progress building our family super app platform in 2025. We introduced Pet GPS, our first fully in-house created device, and launched simultaneously across five global markets. We acquired Fantix, enabling proprietary location-based Place Ads and attribution measurement with Uplift. And we completed the Nativo acquisition in January 2026, creating a full-stack advertising platform with Fortune 500 relationships and thousands of publishers. Together, these initiatives establish Life360 as a multi-engine platform combining subscription excellence with emerging advertising scale. "We are deep into the transition to become an AI-first company. Organization-wide active AI adoption has grown to over 95%, accelerating our execution and expanding what's possible for families on our platform. We see AI as an opportunity to accelerate our path and deepen our moat. Our core use case is durable because it is anchored in real people moving through the physical world, generating data that further deepens our advantage. "These accomplishments bring us closer to achieving our strategic goals of surpassing 150 million MAU and $1 billion in annual revenue, delivering consistent Adjusted EBITDA margin expansion on our path to above 35%. We enter 2026 with accelerating Paying Circles growth, our multi-engine business model scaling, and strong conviction in our ability to deliver substantial value for Life360 members, advertisers, partners, and shareholders.” "Life360 delivered strong financial performance in 2025, exceeding our guidance across all key metrics," said Chief Financial Officer Russell Burke. "Full year revenue grew 32% year-over-year to $489.5 million, and Adjusted EBITDA grew 105% year-over-year to $93.2 million. We also achieved our first full year of profitability with net income of $150.8 million, or $32.5 million after excluding a significant one-time, non- cash tax benefit of $118.4 million,1 demonstrating the significant leverage inherent in our business model as we scale. Fourth quarter Adjusted EBITDA margin expanded to 22%, our highest quarterly margin to date, with full year margin reaching 19%. "We ended 2025 with $495.8 million in cash, a significant increase from $160.5 million at year-end 2024, primarily driven by operating cash flow of $88.6 million, up 172% year-over-year, and the net proceeds from our June 2025 convertible notes offering. This provides substantial financial flexibility to invest in our highest-return growth opportunities while maintaining disciplined capital allocation. "Looking ahead to 2026, we expect revenue growth acceleration driven by both our core subscription business and the scaling of our advertising platform. We plan to invest in strategic initiatives including international expansion, advertising platform scaling, and continued product innovation, while remaining committed to balancing growth investment with margin expansion, and we are on track to achieving our strategic target of above 35% Adjusted EBITDA margin." Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 1
Q4'25 Financial Highlights • Total Q4'25 revenue of $146.0 million, a YoY increase of 26%, with total subscription revenue of $102.5 million, up 30% YoY and core subscription revenue2 of $97.3 million, up 33% YoY. • Annualized Monthly Revenue (AMR) of $478.0 million, up 30% YoY. • Q4'25 Net Income of $129.7 million, up 1,426% YoY, includes a one-time, non-cash tax benefit of $118.4 million.1 • Adjusted EBITDA3 of $32.4 million increased 53% over $21.2 million in Q4'24. • Positive Operating Cash Flow of $36.8 million, up 199% YoY. • Quarter-end cash, cash equivalents and restricted cash of $495.8 million, an increase of $335.3 million from Q4'24, which was primarily the result of net capital raised from the issuance of the June 2025 convertible notes. Q4'25 Operating Highlights • Q4'25 global MAU net additions of 4.2 million lifted total MAU to approximately 95.8 million, up 20% YoY. • Q4'25 global Paying Circle net additions totaled 132 thousand, with full-year 2025 net additions of 576 thousand representing the largest annual subscriber net adds on record. Total Paying Circles grew 26% YoY to 2.8 million. • Average Revenue Per Paying Circle (ARPPC) increased 6% YoY primarily due to U.S. price increases for new and existing annual subscribers implemented in the second half of 2024 and continuing into 2025, a shift in product mix toward higher-priced offerings, and the introduction of higher-priced membership tiers across select international markets throughout 2024 and 2025. Key Performance Indicators (in millions, except ARPPC, ARPPS, ASP, and percentages) Q4 2025 Q4 2024 % YoY Core4 Monthly Active Users (MAU) - Global5 95.8 79.6 20 % U.S. 50.6 43.7 16 % International 45.3 36.0 26 % ANZ 3.5 2.7 26 % Paying Circles - Global6 2.8 2.3 26 % U.S. 2.0 1.6 23 % International 0.8 0.6 32 % Average Revenue per Paying Circle (ARPPC)7,8 $ 139.54 $ 131.76 6 % Life360 Consolidated Subscriptions9 3.4 2.9 17 % Average Revenue per Paying Subscription (ARPPS)8,10 $ 122.41 $ 110.43 11 % Net hardware units shipped11 1.9 1.9 3 % Average Selling Price (ASP)12,13 $ 10.06 $ 12.56 (20) % Annualized Monthly Revenue (AMR) $ 478.0 $ 367.6 30 % FY 2025 FY 2024 % YoY Core4 Average Revenue per Paying Circle (ARPPC)7,8 $ 136.63 $ 128.00 7 % Life360 Consolidated Average Revenue per Paying Subscription (ARPPS)8,10 $ 118.17 $ 106.16 11 % Net hardware units shipped11 4.2 3.9 7 % Average Selling Price (ASP)12,13 $ 12.25 $ 13.72 (11) % Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 2
• Global MAU increased 20% YoY to approximately 95.8 million, with Q4'25 net additions of 4.2 million, delivering the largest Q4 user net additions in the Company's history. U.S. MAU increased 16% YoY, with Q4'25 net adds of 1.8 million. International MAU increased 26% YoY, with Q4'25 net adds of 2.4 million. • Q4'25 global Paying Circle net additions of 132 thousand, driven by strong U.S. and international performance. U.S. Paying Circles increased 23% YoY driven by improved conversion metrics. International Paying Circles maintained strong momentum, up 32% YoY. • Q4'25 global ARPPC increased 6% YoY. U.S. ARPPC increased 5% YoY, benefiting from price increases for new and existing annual subscribers implemented in the second half of 2024 and continuing into 2025, as well as a shift in product mix towards higher-priced offerings. Q4'25 international ARPPC increased 16% YoY, reflecting the benefit of legacy subscriber price increases, the introduction of higher-priced membership tiers in non-Triple Tier markets, and continued growth in existing Triple Tier markets. • Q4'25 net hardware units shipped increased 3% YoY primarily driven by increased online retail demand. The Average Selling Price of hardware units shipped decreased 20% YoY primarily due to a shift in channel mix and an increase in discounts. • December 2025 AMR increased 30% YoY, benefitting from continued subscriber growth as well as an increase in other recurring revenue. Operating Results Revenue Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 ($ millions) (unaudited) Subscription revenue $ 102.5 $ 78.8 $ 369.3 $ 277.8 U.S. subscription revenue 84.9 66.9 308.8 240.6 International subscription revenue 17.6 11.8 60.4 37.3 Hardware revenue 19.3 23.8 51.8 57.6 Other revenue 24.2 13.0 68.4 36.0 Total revenue $ 146.0 $ 115.5 $ 489.5 $ 371.5 • Q4'25 total subscription revenue increased 30% YoY to $102.5 million, primarily driven by growth in Paying Circles. • Q4'25 hardware revenue decreased 19% YoY to $19.3 million as higher unit shipments were more than offset by increased promotional and competitive discounts and lower revenue related to bundled offerings. • Q4'25 other revenue increased 86% YoY to $24.2 million due to increases in data and partnership revenue, which includes advertising revenue, and is primarily due to an increased number of partners and higher spend under existing arrangements. Core Subscription Revenue • Core subscription revenue is defined as GAAP subscription revenue derived from the Life360 mobile application and excludes non-core subscription revenue, which we define as GAAP subscription revenue from other hardware related subscription offerings, for the reported period. Core subscription revenue represents revenue derived from, and the overall success of, our core product offering. Q4'25 core subscription revenue increased 33% YoY primarily driven by a 26% YoY increase in Paying Circles and a 6% higher ARPPC.14 Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 ($ millions) (unaudited) Subscription revenue $ 102.5 $ 78.8 $ 369.3 $ 277.8 Non-Core subscription revenue (5.2) (5.7) (22.2) (22.6) Core subscription revenue15 $ 97.3 $ 73.1 $ 347.1 $ 255.2 Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 3
Gross Profit Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 ($ millions, except percentages) (unaudited) Gross Profit $ 109.7 $ 85.5 $ 380.8 $ 279.2 Gross Margin 75 % 74 % 78 % 75 % Gross Margin (Subscription Only) 87 % 86 % 86 % 85 % • Q4'25 gross margin increased to 75% from 74% in the prior year, driven by a higher mix of subscription and other revenue as well as year-over-year margin improvement in both categories. Operating Expenses Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 ($ millions) (unaudited) Research and development $ 33.3 $ 29.8 $ 128.4 $ 113.1 Sales and marketing 41.8 33.5 155.0 113.4 General and administrative 25.6 16.5 78.6 60.7 Total operating expenses $ 100.7 $ 79.8 $ 362.0 $ 287.1 Total operating expenses as % of revenue 69 % 69 % 74 % 77 % • Q4'25 operating expenses, excluding commissions, increased 26% YoY, while operating expenses as a percentage of revenue remained flat at 69%. For the full year, operating expenses, excluding commissions, increased 25% YoY, while operating expenses as a percentage of revenue decreased 3% YoY. These results demonstrate our ongoing focus on cost discipline and operational efficiency. • Q4'25 research and development costs increased 12% YoY, primarily driven by higher personnel- related and technology costs due to Company growth. • Q4'25 sales and marketing costs increased 25% YoY, primarily driven by higher commissions, which represent nearly half of total sales and marketing expense and increased in line with subscription revenue growth, as well as a strategic increase in growth media spend to support new initiatives. • Q4'25 general and administrative expenses increased 55% YoY, primarily driven by higher personnel-related costs due to Company growth, as well as professional and outside services costs related to acquisitions. Cash Flow Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 ($ millions) (unaudited) Net cash provided by operating activities $ 36.8 $ 12.3 $ 88.6 $ 32.6 Net cash used in investing activities (1.4) (6.8) (35.3) (10.1) Net cash provided by (used in) financing activities 3.2 (5.2) 282.1 67.3 Net Increase in Cash, Cash Equivalents, and Restricted Cash 38.6 0.3 335.4 89.7 Cash, Cash Equivalents, and Restricted Cash at the End of the Period $ 495.8 $ 160.5 $ 495.8 $ 160.5 • Life360 ended Q4'25 with cash, cash equivalents and restricted cash of $495.8 million, an increase of $38.6 million from Q3’25. • Q4'25 operating cash flow was $36.8 million. This was offset by $1.4 million used in investing activities primarily for internally developed software. Additionally, $3.2 million was provided by financing activities primarily from the exercise of stock options. Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 4
• Q4'25 net cash provided by operating activities of $36.8 million was higher than Adjusted EBITDA of $32.4 million primarily due to the timing of receipts and payables. See the Adjusted EBITDA section below for the definition and reconciliation of Adjusted EBITDA. • Cash, cash equivalents and restricted cash increased $335.4 million YoY. The increase was primarily driven by $275.4 million related to the June 2025 convertible notes and $88.6 million in positive operating cash flow. This was primarily offset by a $25.0 million investment in the Aura convertible notes. Adjusted EBITDA To supplement our consolidated financial statements prepared and presented in accordance with GAAP, we use certain non-GAAP financial measures, as described below, to facilitate analysis of our financial and business trends and for internal planning and forecasting purposes. For more information, see the “Supplementary and Non-GAAP Financial Information” section below. Non-GAAP financial measures include adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) and Adjusted EBITDA Margin. Adjusted EBITDA is defined as net income (loss), excluding (i) convertible notes and derivative liability fair value adjustments, (ii) gains and losses on the settlement of convertible notes and derivative liabilities, (iii) gain (loss) on change in fair value of investments, (iv) benefit from income taxes, (v) depreciation and amortization, (vi) interest income, (vii) other expense, net, (viii) acquisition and investment related transaction costs, (ix) stock-based compensation, (x) warehouse relocation costs, (xi) IPO-related transaction costs, including secondary offering costs, and (xii) workplace restructuring costs. These items are excluded from Adjusted EBITDA because they are non-cash in nature, because the amount and timing of these items are unpredictable, or because they are not driven by core results of operations and render comparisons with prior periods and competitors less meaningful. The following table presents a reconciliation of Net income (loss), the most directly comparable GAAP measure, to Adjusted EBITDA: Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 ($ thousands, except percentages) Net income (loss) $ 129,655 $ 8,498 $ 150,832 $ (4,555) Net income (loss) margin 89 % 7 % 31 % (1) % Add (deduct): Convertible notes fair value adjustment16 — — — 608 Derivative liability fair value adjustment16 — — — 1,707 Loss on settlement of convertible notes17 — — — 440 Gain on settlement of derivative liability — — — (1,924) Gain (loss) on change in fair value of investments18 1,481 — (609) (5,389) Benefit from income taxes1 (117,994) (2,217) (118,173) (71) Depreciation and amortization19 3,470 2,720 13,329 9,778 Interest income (4,666) (10,223) (13,705) (6,009) Other expense, net 479 9,660 481 1,647 Acquisition and investment related transaction costs20 3,827 — 4,876 — Stock-based compensation 15,475 11,762 55,460 42,269 Warehouse relocation costs21 706 — 706 — IPO-related transaction costs, including secondary offering costs — 1,046 — 6,830 Workplace restructuring costs22 — — — 153 Adjusted EBITDA $ 32,433 $ 21,246 $ 93,197 $ 45,484 Adjusted EBITDA margin 22 % 18 % 19 % 12 % Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 5
• Q4'25 delivered a positive Adjusted EBITDA contribution of $32.4 million versus $21.2 million in Q4’24 as a result of continued strong subscription and other revenue growth as well as improved operating leverage. Earnings Guidance23 For FY’26, Life360 expects to deliver: • Global MAU growth of 20% year-over-year; • Consolidated revenue of $640 million to $680 million (YoY growth of 31% to 39%), comprised of: ◦ Subscription revenue of $460 million to $470 million (YoY growth of 25% to 27%); ◦ Other revenue of $140 million to $160 million (YoY growth of 105% to 134%); ◦ Hardware revenue of $40 million to $50 million; • Adjusted EBITDA3 of $128 million to $138 million, which represents margin of approximately 20%. Due to timing of investments in initiatives to support our growth, and seasonality, we anticipate Adjusted EBITDA to be lightly weighted in the first half of 2026, and heavily weighted in the second half of 2026. Investor Conference Call A conference call will be held today as follows: US PDT: Monday 2 March 2026 at 2 p.m. US EDT: Monday 2 March 2026 at 5 p.m. AEDT: Tuesday 3 March 2026 at 9 a.m. The call will be held as a Zoom audio webinar. Participants wishing to ask a question should register and join via their browser here. Participants joining via telephone will be in listen only mode. Dial in details U.S.: +1 669 900 6833 Australia: +61 2 8015 6011 Other countries: details Meeting ID: 973 3592 2865 A replay will be available after the call at https://investors.life360.com. Authorization Lauren Antonoff, Director and Chief Executive Officer of Life360, authorized this announcement being given to ASX. About Life360 Life360, a family connection and safety company, keeps people close to the ones they love. The category- leading mobile app and hardware tracking devices empower members to stay connected to the people, pets, and things they care about most, with a range of services, including location sharing, safe driver reports, and crash detection with emergency dispatch. As a remote-first company based in the San Francisco Bay Area, Life360 serves approximately 95.8 million monthly active users (MAU), as of December 31, 2025, across more than 180 countries. Life360 delivers peace of mind and enhances everyday family life in all the moments that matter, big and small. For more information, please visit life360.com. Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 6
Contacts For U.S. investor inquiries: For U.S. media inquiries: Raymond (RJ) Jones Lynnette Bruno rjones@life360.com press@life360.com For Australian investor inquiries: For Australian media inquiries: Jolanta Masojada, +61 417 261 367 Giles Rafferty, +61 481 467 903 jmasojada@life360.com grafferty@firstadvisers.com.au Forward-looking statements This announcement and the accompanying presentation and conference call contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Life360 intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements regarding Life360’s intentions, objectives, plans, expectations, assumptions and beliefs about future events, including Life360’s expectations with respect to the financial and operating performance of its business, including subscription revenue, hardware revenue, other revenue and consolidated revenue and ability to create new revenue streams; the resiliency of Life360’s core subscription business; the ability of Life360 to adapt to and mitigate the impact of macroeconomic considerations including tariffs and trade barriers; its ability to deliver contextually relevant advertisements that enhance the user experience by leveraging its extensive first-party location data; Adjusted EBITDA, and operating cash flow; expectations regarding MAU and other member metrics; its capital position; future growth and market opportunities; plans to launch new features and products; the impact of price increases and expansion of product offerings in the UK, Australia and New Zealand on future results of operations; its expectations of growth in its data business; its expectation of a new enterprise revenue stream and enhanced location capabilities of its hardware devices; its focus on developing a GPS lineup, built on Jiobit technology, the timing of new devices, and the potential for the next generation of hardware to drive a new wave of subscription growth; as well as Life360’s expectations of any changes to the information disclosed herein. The words “anticipate”, “believe”, “expect”, “project”, “predict”, “will”, “forecast”, “estimate”, “likely”, “intend”, “outlook”, “should”, “could”, “may”, “target”, “plan” and other similar expressions can generally be used to identify forward- looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward- looking statements. Investors and prospective investors are cautioned not to place undue reliance on these forward-looking statements as they involve inherent risk and uncertainty (both general and specific) and should note that they are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. There is a risk that such predictions, forecasts, projections and other forward-looking statements will not be achieved. Subject to any continuing obligations under applicable law, Life360 does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date of this announcement, to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statements are based. Although Life360 believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, Life360 can give no assurance that such expectations and assumptions will prove to be correct and, actual results may vary in a materially positive or negative manner. Forward-looking statements are subject to known and unknown risks, uncertainty, assumptions and contingencies, many of which are outside Life360’s control, and are based on estimates and assumptions that are subject to change and may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include risks related to the preliminary nature of financial results, risks related to Life360’s business, market risks, Life360’s need for additional capital, and the risk that Life360’s products and services may not perform as expected, as described in greater detail under the heading “Risk Factors” in Life360’s ASX and SEC filings, including its Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 2, 2026. To the maximum extent permitted by law, responsibility for the accuracy or completeness of any forward-looking statements whether as a result of new information, future events or results or otherwise is disclaimed. This announcement should not be relied upon as a recommendation or forecast by Life360. Past performance information given in this document is given for illustrative purposes only and is not necessarily a guide to future performance and no representation or warranty is made by any person as to the likelihood of achievement or reasonableness of any forward-looking statements, forecast financial information, future share price performance or any underlying assumptions. Nothing contained in this document nor any information made available to you is, or shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of Life360. Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 7
Consolidated Statements of Operations and Comprehensive Income (Loss) (Dollars in U.S. $, in thousands, except share and per share data) Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Subscription revenue $ 102,497 $ 78,755 $ 369,253 $ 277,845 Hardware revenue 19,331 23,756 51,816 57,589 Other revenue 24,151 13,018 68,412 36,050 Total revenue 145,979 115,529 489,481 371,484 Cost of subscription revenue 13,775 10,647 50,968 41,014 Cost of hardware revenue 20,684 18,078 51,175 47,225 Cost of other revenue 1,863 1,298 6,496 4,088 Total cost of revenue 36,322 30,023 108,639 92,327 Gross profit 109,657 85,506 380,842 279,157 Operating expenses: Research and development 33,338 29,788 128,409 113,071 Sales and marketing 41,758 33,532 154,963 113,350 General and administrative 25,607 16,469 78,644 60,712 Total operating expenses 100,703 79,789 362,016 287,133 Income (loss) from operations 8,954 5,717 18,826 (7,976) Other income (expense): Convertible notes fair value adjustment — — — (608) Derivative liability fair value adjustment — — — (1,707) Loss on settlement of convertible notes — — — (440) Gain on settlement of derivative liability — — — 1,924 Gain (loss) on change in fair value of investments (1,481) — 609 5,389 Interest income 4,666 1,795 13,705 6,009 Other expense, net (478) (1,231) (481) (7,217) Total other income (expense), net 2,707 564 13,833 3,350 Income (loss) before income taxes 11,661 6,281 32,659 (4,626) Benefit from income taxes (117,994) (2,217) (118,173) (71) Net income (loss) 129,655 8,498 150,832 (4,555) Net income (loss) per share, basic $ 1.65 $ 0.11 $ 1.95 $ (0.06) Net income (loss) per share, diluted $ 1.51 $ 0.10 $ 1.77 $ (0.06) Weighted-average shares used in computing net income (loss) per share, basic 78,733,783 74,920,574 77,251,239 72,125,571 Weighted-average shares used in computing net income (loss) per share, diluted 86,004,809 83,212,947 85,172,415 72,125,571 Comprehensive income (loss) Net income (loss) 129,655 8,498 150,832 (4,555) Change in foreign currency translation adjustment (81) 38 4 35 Total comprehensive income (loss) $ 129,574 $ 8,536 $ 150,836 $ (4,520) Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 8
Consolidated Balance Sheets (Dollars in U.S. $, in thousands) December 31, 2025 December 31, 2024 Assets Current Assets: Cash and cash equivalents $ 494,261 $ 159,238 Accounts receivable, net 80,715 57,997 Inventory 9,867 8,057 Costs capitalized to obtain contracts, net 1,211 1,098 Prepaid expenses and other current assets 20,050 14,599 Total current assets 606,104 240,989 Restricted cash, noncurrent 1,567 1,221 Property and equipment, net 3,019 1,779 Costs capitalized to obtain contracts, noncurrent 869 1,049 Prepaid expenses and other assets, noncurrent 48,480 21,611 Operating lease right-of-use asset 335 683 Intangible assets, net 38,277 40,574 Goodwill 134,619 133,674 Deferred tax assets, net 126,418 — Total Assets $ 959,688 $ 441,580 Liabilities and Stockholders’ Equity Current Liabilities: Accounts payable 8,411 $ 5,463 Accrued expenses and other current liabilities 42,002 32,015 Deferred revenue, current 46,377 39,860 Total current liabilities 96,790 77,338 Convertible notes, net, noncurrent 310,386 — Deferred revenue, noncurrent 4,330 5,338 Other liabilities, noncurrent — 359 Total Liabilities $ 411,506 $ 83,035 Commitments and Contingencies Stockholders’ Equity Common stock 79 75 Additional paid-in capital 686,921 648,124 Accumulated deficit (138,866) (289,698) Accumulated other comprehensive income 48 44 Total stockholders’ equity 548,182 358,545 Total Liabilities and Stockholders’ Equity $ 959,688 $ 441,580 Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 9
Consolidated Statements of Cash Flows (Dollars in U.S. $, in thousands) Year Ended December 31, 2025 2024 Cash Flows from Operating Activities: Net income (loss) $ 150,832 $ (4,555) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 13,329 9,778 Amortization of costs capitalized to obtain contracts 1,297 1,268 Amortization of operating lease right-of-use asset 348 331 Stock-based compensation expense, net of amounts capitalized 55,460 42,269 Non-cash interest expense, net 1,271 59 Convertible notes fair value adjustment — 608 Derivative liability fair value adjustment — 1,707 Loss on settlement of convertible notes — 440 Gain on settlement of derivative liability — (1,924) Gain on change in fair value of investments (609) (5,389) Provision for credit losses 799 300 Non-cash revenue from investments (1,174) (1,040) Deferred income taxes (118,354) — Changes in operating assets and liabilities, net of acquisition: Accounts receivable, net (23,518) (16,117) Prepaid expenses and other assets (6,706) 135 Inventory (1,810) (3,958) Costs capitalized to obtain contracts, net (1,231) (1,571) Accounts payable 3,060 (433) Accrued expenses and other current liabilities 9,312 4,504 Deferred revenue 6,683 6,564 Other liabilities, noncurrent (359) (364) Net cash provided by operating activities 88,630 32,612 Cash Flows from Investing Activities: Cash paid for acquisition (2,825) — Internally developed software (5,716) (3,945) Purchase of property and equipment (1,792) (1,187) Related Party SAFE — (5,000) Convertible note investment (25,000) — Net cash used in investing activities (35,333) (10,132) Cash Flows from Financing Activities: Proceeds related to tax withholdings on restricted stock settlements and the exercise of stock options and warrants 69,520 14,553 Taxes paid related to net settlement of equity awards (62,836) (33,995) Proceeds from issuance of common stock in U.S. initial public offering, net of underwriting discounts and commissions — 93,000 Payments of U.S. initial public offering issuance costs — (6,292) Proceeds from issuance of convertible senior notes 320,000 — Payments of debt issuance costs (10,884) — Purchase of capped calls (33,728) — Net cash provided by financing activities 282,072 67,266 Net Increase in Cash, Cash Equivalents, and Restricted Cash 335,369 89,746 Cash, Cash Equivalents and Restricted Cash at the Beginning of the Period 160,459 70,713 Cash, Cash Equivalents, and Restricted Cash at the End of the Period $ 495,828 $ 160,459 Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 10
Supplementary and Non-GAAP Financial Information We report our financial results in accordance with GAAP, however, management believes that certain non- GAAP financial measures, such as Adjusted EBITDA, and the other measures presented in the tables below provide useful information to investors and others in understanding and evaluating our results of operations, as well as providing useful measures for period-to-period comparisons of our business performance. Moreover, we have included non-GAAP financial measures in this media release because they are key measurements used by our management team internally to make operating decisions, including those related to operating expenses, evaluate performance, and perform strategic planning and annual budgeting. Our non-GAAP financial measures are presented for supplemental informational purposes only, may not be comparable to similarly titled measures used by other companies and should not be used as substitutes for analysis of, or superior to, our operating results as reported under GAAP. Additionally, we do not consider our non-GAAP financial measures as superior to, or a substitute for, the equivalent measures calculated and presented in accordance with GAAP. As such, you should consider these non-GAAP financial measures in addition to other financial performance measures presented in accordance with GAAP, including various cash flow metrics, net income (loss) and our other GAAP results. Non-GAAP cost of revenue is presented to understand margin economically and non-GAAP operating expenses are presented to understand operating efficiency. Non-GAAP cost of revenue and Non-GAAP operating expenses present direct and indirect expenses adjusted for non-cash expenses, such as stock- based compensation, depreciation and amortization, and non-recurring expenses, such as workplace restructuring costs, warehouse relocation costs, and transaction costs related to acquisitions, investments, and our IPO. A reconciliation of GAAP financial information to Non-GAAP financial information for cost of revenue and operating expenses has been provided as supplementary information below. GAAP Cost of Revenue to Non-GAAP Cost of Revenue Reconciliation24 Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 (in millions) Cost of subscription revenue, GAAP $ 13.8 $ 10.6 $ 51.0 $ 41.0 Less: Depreciation and amortization, GAAP (1.0) (0.7) (4.3) (1.7) Less: Stock-based compensation, GAAP (0.5) (0.2) (1.9) (0.7) Total cost of subscription revenue, Non-GAAP $ 12.2 $ 9.8 $ 44.8 $ 38.5 Cost of hardware revenue, GAAP $ 20.7 $ 18.1 $ 51.2 $ 47.2 Less: Depreciation and amortization, GAAP (1.0) (1.0) (3.9) (3.7) Less: Stock-based compensation, GAAP (0.4) (0.2) (1.5) (0.8) Total cost of hardware revenue, Non-GAAP $ 19.3 $ 16.9 $ 45.8 $ 42.7 Cost of other revenue, GAAP $ 1.9 $ 1.3 $ 6.5 $ 4.1 Less: Depreciation and amortization, GAAP (0.2) — (0.6) — Total cost of other revenue, Non-GAAP $ 1.7 $ 1.3 $ 5.9 $ 4.1 Cost of revenue, GAAP $ 36.3 $ 30.0 $ 108.6 $ 92.3 Less: Depreciation and amortization, GAAP (2.2) (1.6) (8.9) (5.5) Less: Stock-based compensation, GAAP (0.9) (0.4) (3.4) (1.5) Total cost of revenue, Non-GAAP $ 33.2 $ 28.0 $ 96.4 85.3 Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 11
GAAP Operating expenses to Non-GAAP Operating Expenses Reconciliation24 Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 (in millions) Research and development expense, GAAP $ 33.3 $ 29.8 $ 128.4 $ 113.1 Less: Depreciation and amortization, GAAP — — (0.1) (0.1) Less: Stock-based compensation, GAAP (7.3) (7.0) (28.0) (25.5) Less: Other, GAAP — — (0.7) — Total Research and development, Non-GAAP $ 26.1 $ 22.7 $ 99.6 $ 87.5 Sales and marketing expense, GAAP $ 41.8 $ 33.5 $ 155.0 $ 113.4 Less: Depreciation and amortization, GAAP (1.2) (1.1) (4.4) (4.2) Less: Stock-based compensation, GAAP (1.6) (1.1) (7.0) (3.3) Total Sales and marketing expense, Non-GAAP $ 38.9 $ 31.4 $ 143.5 $ 105.8 General and administrative expense, GAAP $ 25.6 $ 16.5 $ 78.6 $ 60.7 Less: Stock-based compensation, GAAP (5.7) (3.3) (17.0) (11.9) Less: Other, GAAP (4.5) — (4.8) (0.2) Total General and administrative expense, Non- GAAP $ 15.4 $ 13.2 $ 56.8 $ 48.6 Total Operating expenses, GAAP $ 100.7 79.8 362.0 287.1 Less: Depreciation and amortization, GAAP (1.2) (1.1) (4.5) (4.3) Less: Stock-based compensation, GAAP (14.5) (11.4) (52.1) (40.7) Less: Other, GAAP (4.5) — (5.6) (0.2) Total Operating expenses, Non-GAAP $ 80.4 $ 67.3 $ 299.9 $ 241.9 Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 12
Footnotes 1 The Company recorded a total income tax benefit of $118.2 million for the year. This amount primarily reflects a $118.4 million one-time, non-cash income tax benefit related to the release of a valuation allowance, driven by current and projected taxable income that supports the realizability of the Company's deferred tax assets. This was partially offset by $0.2 million of income tax expense. 2 Core subscription revenue is defined as subscription revenue derived from the Life360 mobile application and excludes non-core subscription revenue which relates to other hardware related subscription offerings. For more information, including the use of this measure, refer to the “Core subscription revenue” section. 3 Adjusted EBITDA is a Non-GAAP measure. For more information, including the definition of Adjusted EBITDA, the use of this non-GAAP measure, as well as a reconciliation of Net Income (Loss) to Adjusted EBITDA, refer to the “Adjusted EBITDA” and “Supplementary and Non-GAAP Financial Information” sections. 4 Core metrics relate solely to the Life360 mobile application. 5 MAU is defined as a unique member who engages with our Life360 branded services each month, which includes both paying and non-paying members, and excludes certain members who have a delayed account setup. 6 A Paying Circle is defined as a group of Life360 members with a paying subscription that has been billed as of the end of a period. 7 ARPPC is defined as annualized subscription revenue recognized and derived from the Life360 mobile application, excluding certain revenue adjustments related to bundled Life360 subscription and hardware offerings, for the reported period divided by the Average Paying Circles during the same period. 8 Excludes revenue related to bundled Life360 subscription and hardware offerings of immaterial amounts and $(0.8) million for the quarter and year ended December 31, 2025, respectively, and $(0.6) million and $(4.6) million for the quarter and year ended December 31, 2024, respectively. 9 Subscriptions are defined as the number of paying subscribers associated with the Life360 and Tile brands who have been billed as of the end of the period. 10 ARPPS is defined as annualized total subscription revenue recognized and derived from Life360 and Tile subscriptions, excluding certain revenue adjustments related to bundled Life360 subscription and hardware offerings, for the reported period divided by the average number of paying subscribers during the same period. 11 Net hardware units shipped represent the number of hardware tracking devices sold during the period, excluding hardware units related to bundled Life360 subscription and hardware offerings, net of returns by our retail partners and direct consumers. 12 Excludes revenue related to bundled Life360 subscription and hardware offerings of immaterial amounts and $0.7 million for the quarter and year ended December 31, 2025, respectively, and $0.4 million and $4.3 million for the quarter and year ended December 31, 2024, respectively. 13 To determine the net ASP of a unit, we divide hardware revenue recognized, excluding revenue related to bundled Life360 subscription and hardware offerings, for the reported period by the number of net hardware units shipped during the same period. 14 Refer to the ‘Key Performance Indicators’ section for additional information regarding the impact of bundled offerings on KPI calculations for the periods presented. 15 Beginning with the second quarter of 2024, the definition of Core subscription revenue was updated and calculated in accordance with GAAP. 16 To reflect the change in fair value of the September 2021 Convertible Notes and derivative liability associated with the July 2021 Convertible Notes. 17 Relates to the settlement of the July 2021 Convertible Notes and September 2021 Convertible Notes. 18 Relates to the changes in fair value of the Related Party Investment and the Convertible Note Investment. Refer to the FY 2025 10-K for the definition and additional information on the Related Party Investment and Convertible Note Investment. 19 Includes depreciation on fixed assets and amortization of intangible assets. 20 Relates to costs incurred in connection with the acquisition of Nativo, Inc., the Convertible Note Investment, and the asset acquisition of Fantix, Inc., including one-time bonus payments. 21 Relates to non-recurring warehouse relocation costs associated with the move of certain hardware manufacturing operations. 22 Relates to non-recurring personnel and severance related expenses. 23 With respect to forward looking non-GAAP guidance, we are not able to reconcile the forward-looking non-GAAP Adjusted EBITDA measure to the closest corresponding GAAP measure without unreasonable efforts because we are unable to predict the ultimate outcome of certain significant items, which are fluid and unpredictable in nature. In addition, the Company believes such a reconciliation would imply a degree of precision that may be confusing or misleading to investors. These items include, but are not limited to, litigation costs and fair value adjustments. These items may be material to our results calculated in accordance with GAAP. 24 For the definitions of Non-GAAP cost of revenue and Non-GAAP operating expenses, refer to the "Supplementary and Non-GAAP Financial Information" section. Note: The financial information in this announcement may not add or recalculate due to rounding. All references to $ are to U.S. dollars. Life360, Inc. | ARBN 629 412 942 | 1900 South Norfolk St, Suite 310 San Mateo, CA 94403 | investors.life360.com 13
Investor Presentation | March 2026 2 March 2026 U.S. PT | 3 March 2026 AEDT FY’25 Investor Presentation
Investor Presentation | March 2026 DISCLAIMER These materials and the accompanying oral presentation have been prepared by Life360, Inc. (ARBN 629 412 942) (“Company”) on a confidential and non-reliance basis, and may not be reproduced in whole or in part, nor may any of its contents be disclosed, to any other person, without the prior written consent of the Company. These materials are for informational purposes only. This presentation contains summary information about the Company and its activities and is current as of the date of this presentation. This presentation does not purport to be all-inclusive or to contain all of the information you may desire. It should be read in conjunction with the Company’s periodic and continuous disclosure announcements filed with the Australian Securities Exchange and the U.S. Securities and Exchange Commission (“SEC”), available at www.asx.com.au and www.sec.gov, respectively. These materials do not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in the Company or interest therein nor does it constitute financial product advice. These materials are not a prospectus, product disclosure statement or other offer document under Australian law or under any other law. These materials have not been filed, registered or approved by regulatory authorities in any jurisdiction. This communication is restricted by law; it is not intended for distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation. The information contained in these materials is not intended to be relied upon as advice or a recommendation to investors and is not intended to form the basis of any investment decision in the Company’s securities. The information does not take into account the investment objectives, financial situation, taxation situation or needs of any particular investor. An investor must not act on the basis of any matter contained in these materials but must make its own assessment of the Company and conduct its own investigations and analysis. Investors should assess their own individual financial circumstances and consider talking to a financial adviser, professional adviser or consultant before making any investment decision. By reading these materials you agree to be bound by the limitations set out in these materials. No representation or warranty, express or implied, is made as to the accuracy, reliability, completeness or fairness of the information, opinions, forecasts, reports, estimates and conclusions contained in these materials. The Company does not undertake any obligation to provide any additional information nor update or revise the information in these materials nor correct any inaccuracies or omissions. To the maximum extent permitted by law, none of the Company and its related bodies corporate, or their respective directors, employees or agents, nor any other person accepts any responsibility nor any liability for loss arising from the use of or reliance on information contained in these materials or otherwise arising in connection with it, nor in relation to any other written or oral information or opinions provided now or in the future to the recipient or its advisers and representatives, including without limitation any liability from fault of negligence. Past performance is not indicative of future performance and no guarantee of future returns is implied or given. Nothing contained in these materials nor any information made available to you is, or shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of the Company. Certain statements in these materials constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (“PLSRA”), Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Statements that are not historical in nature, including the words “anticipate”, “expect”, “suggests”, “plan”, “believe”, “intend”, “estimates”, “targets”, “projects”, “should”, “could”, “would”, “may”, “will”, “forecast,” “opportunity,” “goal,” “vision,” “outlook” and other similar expressions are intended to identify forward-looking statements. These forward- looking statements include, but are not limited to, statements regarding: the Company’s growth strategy and business plan and the Company’s ability to effectively manage its growth and meet future capital requirements; the Company’s expectations regarding future financial performance, including its expectations regarding its revenue, revenue growth, adjusted EBITDA, and operating cash flow, and the Company’s ability to achieve or maintain future profitability; the Company’s ability to further penetrate its existing member base, maintain and expand its member base and increase monetization of its member base; the Company’s ability to expand internationally and the significance of its global opportunity; the Company’s ability to anticipate market needs or develop new products and services or enhance existing products and services to meet those needs; the Company’s ability to increase sales of its products and services; and the Company’s proposed acquisition of Nativo, its expected timing and completion, the anticipated benefits and synergies of the transaction, and the potential impact on the Company’s business strategy, financial condition, and growth prospects. Such forward-looking statements are prediction, projections and other statements about future events that are based on current expectations and assumptions and, as a result, involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Forward-looking statements are provided as a general guide only, and should not be relied on as an indication or guarantee of future performance. They can be affected by inaccurate assumptions we might make or by known or unknown risks or uncertainties. Given these uncertainties, recipients are cautioned to not place undue reliance on any forward- looking statement. Forward-looking statements speak only as of the date they are made. Subject to any continuing obligations under applicable law the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in these materials to reflect any change in expectations in relation to such forward-looking statements or any change in events, conditions or circumstances on which any such statement is based. This presentation contains certain measures of financial performance not determined in accordance with U.S. generally accepted accounting principles (“GAAP”), including Adjusted EBITDA, Adjusted EBITDA margin, and non-GAAP Operating Expenses (the “non-GAAP financial measures”). The non-GAAP financial measures are used by Company management to evaluate financial performance of, and determine resource allocation for, each of the Company's operating segments. Items excluded from each of the non-GAAP financial measures are significant components in understanding and assessing financial performance. The non-GAAP financial measures should not be considered in isolation, or as alternatives to, or substitutes for, net income, net income margin, income from operations, cash flows generated by operations, investing or financing activities, or other financial statement data presented in the Company's consolidated financial statements as indicators of financial performance or liquidity. Because the non-GAAP financial measures are not measurements determined in accordance with GAAP and are thus susceptible to varying definitions, the non-GAAP financial measurements as presented may not be comparable to other similarly titled measures of other companies. Please refer to the Appendix beginning on slide 43 of this presentation for a reconciliation of these financial measures to the most directly comparable financial measure prepared in accordance with GAAP. This presentation includes our trademarks and trade names that we own or license and our logo. This presentation also includes trademarks, trade names and service marks that are the property of other organizations. Solely for convenience, trademarks and trade names referred to in this prospectus appear without any “TM” or “®” symbol, but those references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights to these trademarks, trade names and service marks. We do not intend our use or display of other parties' trademarks, trade names or service marks to imply, and such use or display should not be construed to imply, a relationship with, or endorsement or sponsorship of us by, these other parties. This presentation includes industry and market data derived from internal analyses based upon publicly available data or other proprietary research and analysis, surveys or studies conducted by third parties and industry and general publications. Unless otherwise indicated, information contained in this presentation concerning our industry and the markets in which we operate, including our general expectations and market position, market opportunity and market size, is based on these various sources. Because this information involves a number of assumptions and limitations, you are cautioned not to give undue weight to such information. We have not independently verified market data and industry forecasts provided by any of these or any other third-party sources referred to in this presentation. All values are stated in US dollars unless otherwise stated. 2
Investor Presentation | March 2026 3 Contents Appendix (52 – 59)05 FY’26 Outlook (50 – 51)04 Financial Update FY’25 (36 – 49)03 Life360 Strategy (29 – 35)02 Life360 Overview (4 – 28)01 1. 2. 3. 4. Operating metrics Financials GAAP to Non-GAAP reconciliations & Non-GAAP financial measures Competitive landscape
Investor Presentation | March 2026 Life360 Overview 01 4
Investor Presentation | March 2026 Note: As of December 31, 2025 unless otherwise stated. 1 U.S. smartphone penetration based on approximately 50.6 million U.S. MAU as of December 2025 compared to the total U.S. population per 2020 census adjusted for smartphone penetration. 2 LTM as of December 31, 2025. 3 By DAU in the U.S. as of December 31, 2025. Source: Sensor Tower. 4 Adjusted EBITDA is a non-GAAP measure. For more information, including the definition of Adjusted EBITDA, the use of this non-GAAP measure, as well as a reconciliation of Net Income to Adjusted EBITDA see Appendix 3. Global Paying Circles ~2.8M Safe arrival notifications2 85 billion U.S. Penetration1 16% 10.8M+ Monthly active Tile devices Global Monthly Active Users ~95.8M Miles driven with Life360 Crash Detection2 611 billion Countries 180+ Top Social Networking App3 #7 FY’25 Revenue $489.5m +32% YoY FY’25 Adjusted EBITDA4 $93.2m 19% Margin Global scale, durable growth, expanding profitability Life360 at a glance 5
Investor Presentation | March 2026 Location sharing for the whole family ...with safety top of mind Private map for your inner circle Free to use Built for families Devices for people, pets, and things Premium safety services Market leading driving safety Busy families want peace of mind - Life360 makes everyday family life better through safety and connection 6
Investor Presentation | March 2026 7 Family messaging Real-time driving One-tap communication Private family Circle Item tracking and SOS functionality Crash detection and emergency dispatch Driving Safety 24/7 support with crash detection, emergency dispatch, roadside assistance and more Digital Safety Protection and prevention for each family member Location Sharing and Item Tracking Effortless daily coordination with advanced location sharing and item tracking Emergency Dispatch Expert assistance any time, anywhere Comprehensive Offering All-in-one solution for real life Young couples New drivers Families of all stages Aging parents Adoring pet parents The super-app serving families of all types through a distinctive product offering Keeping people close to the ones they love 7 Pet Finder Network Real-Time tracking, escape alerts, and a community-powered Pet Finding Network Pet tracking Note: Features may vary by region.
Investor Presentation | March 2026 1 As of December 31, 2025. 2 Life 360 Brand Tracking research - April 2024 Fielding (based out of the 23 brand attributes tested). 3 According to December 2025 NPS creator, Bain & Co. for U.S. Adults aged 31-60. in R&D investment since 2016 #1 Brand Attribute2 1 in 7 60 NPS Score Considered “Excellent” by NPS Creator, Bain & Co.3 “Peace of mind” 5x U.S. Smartphone Owners Use Life3601 $600+ Million App Opens per Day1 Life360 is uniquely focused on family safety Providing peace of mind and connection for families creates a competitive moat 8
Investor Presentation | March 2026 Premium ServicesDevicesMobile A one-stop holistic experience vs. competitor offerings Life360 provides the only feature set that combines available isolated point solutions Note: Features may vary by region. 1 As of December 31, 2025. 10.8M+ 65% of surveyed U.S. pet owner member base has interest in a pet tracker Monthly active Tile devices1 Emergency assistance Digital safety Additional safety features + +4.8 Life360 App Ranking (vs. Find My at 2.8) Competitors 45% of Total Paying Circles are cross- platform 9
Investor Presentation | March 2026 U.S. Social Networking App Rankings by DAU1U.S. Lifestyle App Rankings by DAU1 Source: Sensor Tower Note: DAUs (Daily Active Users) defined as devices having 1 or more foreground sessions within an app in a day. 1 As of December 2025. One of the highest DAUs across all apps in the U.S. Triple Tier Social Networking App Rankings by DAU1 6 6 8 Triple Tier Lifestyle App Rankings by DAU1 2 7 5 10
Investor Presentation | March 2026 Top Growing Apps for Parents1 Source: Sensor Tower 1Audience insights as of December 2025. +17.6% +12.2% +8.5% +7.6% +6.6% +6.2% +5.6% +5.0% +4.3% +1.3% Gemini ChatGPT Life360 Block Blast Instagram Walmart Spotify Amazon Tik Tok Facebook One of the fastest growing apps for Parents 11
Investor Presentation | March 2026 Strong U.S. Engagement – rivals the biggest names in social and streaming media Source: Sensor Tower company as of December 31, 2025; Company Data for Life360 metrics. 1 Hyper-Engaged Social represents the average DAU/MAU of Facebook, Instagram, Snapchat, TikTok, and X (formerly Twitter). US DAU/MAU Ratio (%) Social Media Streaming Media (Video) Hyper- Engaged Social1 With Push Notif. 70 % 59 % 59 % 56 % 53 % 51 % 44 % 33 % 31 % 28 % 26 % 19 % 19 % 16 % 13 % 12 % 12 % 12
Investor Presentation | March 2026 Life360 has industry-leading user retention 13 Everyday safety and delight keep families engaged daily App Retention by Days Since App Installation1,2 Source: Sensor Tower company as of December 31, 2025; Peer group data represents U.S. App Store only; Company Data for Life360 metrics. 1 Social media average represents the average app retention of Linkedin, Pinterest, Duolingo, Reddit, Twitch, Nextdoor, Roblox. 2 App retention defined as the percentage of users still using an app at a particular time interval after initial installation. Life360 app retention consistently outperforms peers – outperforming the social media average by 1.5x following the first 90 days since app installation, with a widening gap after the first weeks as families settle into daily use Life360’s strong value proposition and core feature set provides its users with peace of mind that drives consistent daily app usage and fuels product stickiness 0 10 20 30 40 50 60 70 80 90 A p p R et en ti o n Days Since App Installation Life360 (Internal) Social Media Average App Retention
Investor Presentation | March 2026 Life360's addressable market opportunities are substantial Source: GSMA Mobile Economy Report, Pew Research Center, 2020 U.S. Census, International Monetary Fund (IMF), Public Company Filings, and Company Data 1 Smartphone-Equipped Population of Asia Pacific excluding China, Eurasia excluding Russia, Middle East and North Africa, United States, and Canada (Total Population × Smartphone Adoption Rate), divided by People Per Paying Circle to derive Total Paying Circles, multiplied by Q1’24 Average Revenue Per Paying Circle. 2 Intellectual Market Insights Research – AirTag Market Overview. 3 Grandview Research – Pet Wearables Market 4 2023 Average Advertising Revenue Per User of Meta, Snap, Uber, Spotify, Reddit, and Duolingo, multiplied by Smartphone-Equipped Population across the U.S. (Total Population × Smartphone Adoption Rate). 14 2021 – 2022 ~$80bn Subscription Services $2.7bn $2.1bn $75bn Today ~$83bn Advertising4 Item Tracking Pet Tracking Subscription Services $2.7bn $2.1bn $75bn $3.1bn Subscription Services1 ~$75bn ~$75bn Acquisition of + Future Exp a nsion O p p ortunities Family Financial Services Elderly Monitoring Insurance Advertising Item Tracking Pet Tracking Subscription Services Acquisition of + Partner Ecosystem Item Tracking2 Pet Tracking3
Investor Presentation | March 2026 Subscription Services IndirectDevices Advertising Adjacent Markets Monetizing our addressable markets Roadside Assistance Medical Assistance SOS Driver Reports Stolen Phone Protection ID Theft Protection Crash Detection Emergency Dispatch Disaster Response Travel Support Pet Finder Network & More… Platinum Ads for Free Members Access unique audiences based on First Party Data Elderly Monitoring Family Financial Services InsuranceFirst Party Data Monetization Hubble Partnership 15 Future Opportunity Partner Ecosystem
Investor Presentation | March 2026 Expanding reach beyond parents with teens 16 Of Circles are Families with Teens 1,3 36% of U.S. households have at least one pet 4 of the U.S. population is 65 or older 13% 17% (2020)(2010) Of Circles are Couples 2,3 18% 70% … with an opportunity to expand within our current member base Premium member plans have historically focused on a narrow slice of our engaged free member base… Current Member Base Focus Member Base Expansion 3.3 members per Paying Circle on average 3 Source: U.S. Census Data, American Pet Products Association Note: The Circle percentages referenced reflect data for free Circles, not Paying Circles. 1 Defined as Circles with at least one member being a parent and one or more teens. 2 Defined as Circles of two members who are spouses or partners. 3 Reflects Circles on a global basis as of December 31, 2025. 4 As of 2025.
Investor Presentation | March 2026 Entering the pet space with Pet GPS and the Pet Finder Network Early adoption post-launch with significant opportunity for monetization and retention benefits 1 Activation fee of $79.99 is waived for the first device added to a Circle 17 Pet Finder Network Free ~5M Pets added to Life360 Circles Paid Your Pet on the Life360 Map Paid Life360 Pet GPS → Real-time tracking via GPS, BLE, and WiFi → $49.99 MSRP with Gold membership required1 → Up to 14 day battery life per charge + 6 month Reserve Mode → Safety light → Water-resistant → Georeferences and escape alerts → Universal attachment fits most standard collars → Escaped Pet instantly notifies your Circle, with optional safety light & audible ring
Investor Presentation | March 2026 1As of December 31, 2025. Note: Membership bundles shown represent U.S. offering. Services and pricing differ slightly by region. 2Real-Time Pet tracking available with a Gold or Platinum memberships and the purchase of a Life360 Pet GPS which is sold separately. Freemium membership model to support families’ needs and enable monetization Current Triple Tier Membership Bundles (U.S., UK, Canada, ANZ) + Place Alerts (5 places) + Location History (7 days) + Stolen Phone Protection ($100) + Ad-Free Experience 12% of U.S. Paying Circles1 SILVER MEMBERSHIP $7.99/mo + Place Alerts (unlimited) + Location History (30 days) + Individual Driver Reports + Roadside Assistance + 24/7 Emergency Dispatch + ID Theft Protection + Free Towing (5mi Radius) + Stolen Funds Reimbursement ($25K) + Stolen Phone Protection ($250) + Real-Time Pet Tracking2 84% of U.S. Paying Circles1 GOLD MEMBERSHIP $14.99/mo + Credit Monitoring + Disaster Response + Medical Assistance + Travel Support + Free Towing (50mi Radius) + Stolen Funds Reimbursement ($1M) + Stolen Phone Protection ($500) 4% of U.S. Paying Circles1 PLATINUM MEMBERSHIP $24.99/mo SOS Place Alerts (2 places) Location History (2 days) Crash Detection Family Driving Summary Battery Monitoring Pet Profile & Pet Finder Network FREE MEMBERSHIP $0.00/mo Life360's premium services provide benefits focused on driving and digital safety 18
Investor Presentation | March 2026 Significant runway for growth across all markets along the penetration curve Landing <3% Early market entry. Building initial user base, establishing brand awareness. Expanding 3-10% Accelerating user acquisition, building infrastructure, expanding distribution channels. Growing 10-20% Sustained momentum. Strong organic growth, word-of-mouth effects accelerating, brand recognition building. Scaling 20-30% Proven model accelerating. Network effects compounding, conversion optimization driving efficiency, pressing accelerator on validated approach. Established 30%+ Entrenched market position. Embedded in market infrastructure, defensible competitive moats, families assume you exist. Mature Majority of addressable market penetrated, growth driven by household formation rather than share gains, focus shifts to retention and optimization. Life360 Penetration Stages Along the S-Curve: Penetration Stages Definitions: Canada USA ANZ UK Europe Rest of World 10% 20% 30%+3% 19
Investor Presentation | March 2026 Long remaining runway in U.S. penetration Penetration by State (2020) 1 Source: GSMA Mobile Economy Report, Pew Research Center, 2020 U.S. Census, and Company Data. 1 Estimated number of Life360 members as a percentage of smartphone-enabled population by state; Penetration rates of December 31, 2025 unless otherwise noted. Penetration by State (2025) 1 Landing <3% Expanding 3-10% Growing 10-20% Scaling 20-30% Established 30%+ Majority of states are in the Growing and Scaling phases of the S-Curve with the largest states adding the highest absolute growth, with significant runway before achieving Established status 20
Investor Presentation | March 2026 Europe 2%0.4% (2020) (2025) Source: GSMA Mobile Economy Report, Pew Research Center, International Monetary Fund (IMF), and Company Data. 1 Estimated number of Life360 members as a percentage of smartphone-enabled population by region; Rest of World excludes Russia and China; Penetration rates of December 31, 2025 unless otherwise noted. Rest of World 0.5%0.2% (2020) (2025) International penetration, while expanding, trails the U.S., with large upside opportunity Large global opportunity for membership Penetration by Region (2020–2025)1 21 United Kingdom 12%2% (2020) (2025) $ Indicates countries with Triple Tier offering United States 16%6% (2020) (2025) Landing <3% Expanding 3-10% Growing 10-20% Scaling 20-30% Established 30%+ Australia & New Zealand 14%3% (2020) (2025) Canada 5%1% (2020) (2025) $ $ $ $
Investor Presentation | March 2026 Top 10 International MAU countries1 (66% of total International) 1. United Kingdom 2. Brazil 3. Mexico 4. Australia 5. Italy 1Data as of FY’25 • Subscription revenue growth opportunity • Providing enhanced value to subscribers through expanded feature set Other Membership Tiers Rest of World: Non-Triple Tier Countries Growing usage and increasing monetization globally Scaling the international opportunity Triple Tier UK, ANZ & CA • High income markets similar to the U.S. with a driving culture • Subscription benefits around driving and digital safety (e.g., roadside assistance and identity theft protection) 6. Philippines 7. Malaysia 8. Canada 9. Spain 10. Germany 22 1. United Kingdom 2. Australia 3. Canada 4. Brazil 5. Mexico 6. Germany 7. South Africa 8. Netherlands 9. Japan 10. Malaysia Top 10 International Revenue countries1 (76% of total International)
Investor Presentation | March 2026 Monetization opportunities from free user base Loyal User Base of families that retain on the platform1 Globally Recognized Brand Focused on safety and connection First Party Data Advantage based on location Valuable Targeting Opportunities based on user insights … has the potential to deliver significant value while maintaining privacy at the forefront of our member experience Note: All metrics as of December 31, 2025 unless otherwise noted. 1 Based on MAU and Paying Circles by Registration Year data. ~80% U.S. MAU Are Ads Eligible 1 in 7 U.S. Smartphone Owners Use Life360 5x U.S. App Opens per Day 44% U.S. MAU Open the App Daily “U.S., 70th percentile household income, Moms, who have visited a Walmart in the last 30 days” Illustrative Customer Profiling & Audience Segment “1 million users visited Walmart in the course of the last 30 days” Our differentiated audience… 23 Our differentiated audience can deliver value to brands and advertisers
Investor Presentation | March 2026 $– $1 $2 $3 $4 $5 $6 $7 $8 Y +0 Y +1 Y +2 Y +3 Y +4 Y +5 Y +6 Y +7 Y +8 Y +9 Y +10 Y +11 Y +12 $-- $ 1 $ 2 $ 3 $ 4 $ 5 $ 6 $ 7 $ 8 -- 100 200 300 400 500 600 700 800 900 1,000 Ad Revenue ARPU by MAU (M)1,2 MAU (M) Ad Revenue ARPU from Launch1,3 The advertising opportunity for Life360 1Based on public filings, Wall Street Journal, FactSet Consensus Estimates, Reuters, and Visible Alpha Consensus Estimates. Nextdoor MAU estimated using a WAU to MAU conversion rate of 0.63. Match Group MAU estimated using a Payer to MAU conversion rate of 0.177. Snapchat MAU estimated using a DAU to MAU conversion rate of 0.5058. 2Waze MAU and ad revenue reflects estimated 2022 figures. Waze and Lyft data not available over time. 3Limited Y + 0 and Y + 1 ARPU data is publicly available. 4Source: Statista Market Insights: Advertising and Media. Global Advertising Spend4 $1.25 trillion (2026 estimate) Year of in-app Advertising Launch Data indicates long-term growth potential in advertising revenue A d ve rt is in g A R PU A d ve rt is in g A R PU 24 Expanded Market Opportunity with Nativo Acquisition
Investor Presentation | March 2026 25 First party data with location and context First party data with location and context Proprietary and predictive audiences Improved ad relevance, footfall measurement, data, and delivery All advertising environments and formats Advanced ad renderer technology Direct access to premium brands and agencies New and expanded sales channels with dedicated sales team Family structure Location patterns Driving behaviors Our combined tech stack accelerates Life360’s advertising roadmap and creates value across the ad-tech value chain Elevating the advertising experience based on what families truly need
Investor Presentation | March 2026 ~40M Life360 U.S. In-App Reach1 ~234M U.S Off-Site Reach2Brand/Agency Theme park wants to attract new families and increase repeat visitors Theme park visits measured deterministically with Uplift by Life360 Off-SiteLife360 In-App Outcomes & Measurement The Family Ads Platform that delivers experiences and outcomes for brands, while offering benefits to members that make everyday family life better Life360 Ads Network Vision 26 Mom sees an ad pinned on the map Dad sees a special offer in his email Grandma gets a push notification when she lands at the airport Mom sees a promo while browsing a news site Dad sees an offer on a travel website Family sees an ad ahead of their favourite TV show 1Represents U.S. Ads eligible MAU as of December 2025. 2Source: Comscore. Data as of December 2025.
Investor Presentation | March 2026 End-to-End Differentiated Ad Platform at Scale Our combined tech stack accelerates Life360’s advertising roadmap and creates value across the ad-tech value chain 27 Demand Side Platforms (DSPs) Customer Data Platforms Measurement Platforms Supply Side Platforms (SSPs)* Publishers High Level Ad-Tech Value Chain Allow publishers to manage, optimize, and sell their ad inventory Collect, unify, and organize first-party (1P) and third-party (3P) data signals Unified layer of reporting into performance, ensuring safety, viewability, and attribution Content creators and platforms that own the ad inventory (e.g. websites, apps, media outlets) Integrations enable advertisers to buy digital ad inventory in an automated way (e.g. The Trade Desk & Amazon DSP) Consumers Supply Side Enable cross- format and cross- platform campaigns with premium publishers (e.g. premium display, CTV etc.) Complementary custom audience creation based on 1P data at scale to drive outcome- based optimization Direct integrations with key DSPs incl. Amazon, positioning Life360 as an attractive partner for large DSPs Full SSP capabilities incl. direct integrations with 400+ premium publishers and 20k+ websites and apps Complementary measurement tools at scale to capture full funnel performance + Brands Ad Agencies Demand Side
Investor Presentation | March 2026 Life360 and Uber announce new integration to help families stay connected Deepens Life360’s super app vision by embedding trusted third party services families already rely on 28 Integrated Super App Experience Membership Uber Teen Accounts Marketing & Advertising Shared value across Life360 and Uber memberships – building on an existing collaboration that delivers more value for Life360 members Unlock real-time trip tracking, ride booking, in-app coordination and personalized safety alerts for parents In-kind marketing with always-on advertising support – signals Uber’s continued investment in Life360 as a key advertising partner Enabling teens to request rides with parental supervision, real-time notifications, and safety screened drivers Note: Product image is for illustrative purposes only; actual may vary. Integrated services will be available in 2026.
Investor Presentation | March 2026 Life360 Strategy 29
Investor Presentation | March 2026 Grow our audience By building a leading position as a global family brand Scale paid offerings By driving higher retention and conversion through increased value for members Create new revenue streams By meeting family needs at every life stage and strengthening relationships with members Expand profitability By leveraging the expense base, and balancing growth investment with financial discipline Powerful network effects driving significant long-term growth opportunity Life360 strategy 30
Investor Presentation | March 2026 Our freemium flywheel drives our growth Network effects enhance new member acquisition and fuel competitive advantages Better Engagement More Users 31
Investor Presentation | March 2026 AI makes Life360 stronger, faster and more competitive Life360 Wins with AI by building on the foundation of family trust, real-world data and platform at scale Durable use case anchored in the physical world • Our core use case has no AI substitute — it is anchored in real people moving through the physical world • Our real world partnerships, tow truck networks and emergency services can’t be shortcut with new developer tools • With 96M+ users, 60 NPS, and a 4.8 app rating, we provide peace of mind families rely on us to deliver AI makes our data more valuable • Our first-party family data is real-time, continuous and perishable. It is not synthetic and can't be scraped by LLMs — it gets more scarce and more valuable as AI advances • Richer behavioral signals let AI optimize targeting, fill rates, and attribution across every campaign, with multiple optimization paths unique to Life360. The gap widens over time AI enhances our ability to delight customers • AI moves us from reactive dashboard to proactive family platform. Today we tell you your teen left — tomorrow we connect every dot: kids have a game, who's driving, when to leave, before you ask • From teen safety anomaly detection to proactive monitoring of aging parents, AI creates compounding value that deepens lock-in and builds pricing power AI is improving our execution • Organization-wide AI adoption of ~95% is enabling efficiencies across the organization, resulting in faster R&D releases and customer support automation without additional headcount • AI is allowing us to grow revenue faster than headcount, enabling us to invest more into product capabilities and experiences that drive growth Life360's data, relationships, and scale: AI-proof and AI-powered. 32
Investor Presentation | March 2026 AISmarter, faster product innovation and safety features AI accelerates our flywheel and deepens our moats AI enhances our relationships and advantages without replicating or replacing them 33 Richer first-party data for targeting and measurement Stronger platform with more reasons to engage Deeper engagement and lower churn Revenue growing faster than headcount Network effects that compound with scale More monetization from every user — free or paid Smarter free-to-paid conversion through personalized engagement
Investor Presentation | March 2026 New Member Onboarding Frictionless download & registration Free Member Experience features Paid Subscriber Upsell to Paid Subscriber Paid Subscriber Upsell to higher tier + Other products Life360’s digital based freemium business Monetization: Advertising + Data + Partnerships Premium Subscription Referral Fees Other Sales1 Cost to provide: Hosting & other technology costs Membership benefit costs + app store commissions Referral costs1 Marketing Efforts Free Member to Paid Conversion Retention initiatives Member Experience & Product Efforts 1 Represents potential revenue and costs associated with future opportunities. This statement is forward-looking, subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management, and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. For discussion of some of the important factors that could cause these variations, please consult the "Risk Factors" section in our most recent Annual Report on Form 10-K, as well as any updates thereto reflected in subsequent Quarterly Reports on Form 10-Q and other filings with the SEC. Freemium model becomes powerful at scale • Strong word of mouth drives organic growth, supporting efficient customer acquisition spend • Digital economics enables efficient scaling of user base, with low cost/high margin subscription services • Growing free member base: - Creates a competitive moat - Increases premium member acquisition pool and - Provides indirect monetization opportunities, including advertising 34
Investor Presentation | March 2026 The aspirational goals that drive our strategy #1 Brand for everyday family life 150M+ Monthly Active Users $1B+ Revenue 35%+ AEBITDA margins Note: Long-term targets are not projections; they are goals and are forward-looking, subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management, and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. For discussion of some of the important factors that could cause these variations, please consult the "Risk Factors" section in our most recent Annual Report on Form 10-K, as well as any updates thereto reflected in subsequent Quarterly Reports on Form 10-Q and other filings with the SEC. Nothing in this presentation should be regarded as a representation by any person that these goals will be achieved and the Company undertakes no duty to update its goals. 35
Investor Presentation | March 2026 Financial Update FY’25 36
Investor Presentation | March 2026 FY’25 Achievements Cementing our position as the market-leading family safety membership service $489.5m FY'25 Revenue +32% YoY $93.2m FY'25 Adjusted EBITDA1 19% Margin Expanding profitability ~2.8m Global Paying Circles + 26% YoY 132k Quarterly net adds, an all-time Q4 record Scaling paid offerings ~95.8m Global Monthly Active Users (MAU) + 20% YoY 26% YoY growth in International MAU Growing our audience Establishing new B2B partnerships to drive indirect monetization Growing advertising revenue stream Creating new revenue streams 37 1 Adjusted EBITDA is a non-GAAP measure. For more information, including the definition of Adjusted EBITDA, the use of this non-GAAP measure, as well as a reconciliation of Net Income to Adjusted EBITDA see Appendix 3.
Investor Presentation | March 2026 • Continued strong subscription revenue momentum, up 33% primarily driven by Life360 core subscription revenue up 36% to $347.1 million and growth in Paying Circles of 26% • Hardware revenue decrease of 10%, as higher unit shipments were more than offset by increased promotional and competitive discounts and lower revenue related to bundled offerings • Other revenue increase of 90% is primarily due to a greater number of partners and higher spend under existing arrangements • Annualized Monthly Revenue up 30% to $478.0 million • Operating expenses increased 26% and declined 3% YoY as a percentage of revenue, demonstrating an ongoing focus on cost discipline and operational efficiency • Net income of $150.8 million impacted by a significant one-time, non-cash tax benefit. Income before income taxes was $32.7 million • Adjusted EBITDA expansion driven by strong subscription and other revenue growth and increased operating leverage $M FY’24 FY’25 Guidance $ Change % ch YoY Revenue Subscription 277.8 369.3 366 - 368 91.4 33 % Hardware 57.6 51.8 46 - 50 (5.8) (10)% Other 36.0 68.4 62 - 67 32.4 90 % Total revenue 371.5 489.5 474 - 485 118.0 32 % Annualized Monthly Revenue (AMR)1 367.6 478.0 110.4 30 % Operating expenses 287.1 362.0 74.9 26 % Net Income (Loss) (4.6) 150.8 155.4 3411% Adjusted EBITDA (Non-GAAP) 2 45.5 93.2 84 - 88 47.7 105 % Adjusted EBITDA Margin 12% 19% 7 % Cash and cash equivalents3 160.5 495.8 335.4 209 % Operating cash flow 32.6 88.6 56.0 172 % Note: Numbers may not add or recalculate due to rounding. 1AMR includes the annualized monthly value of subscription, data and partnership agreements. All components of these agreements that are not expected to recur are excluded. 2 Adjusted EBITDA is a non-GAAP measure. For more information, including the definition of Adjusted EBITDA, the use of this non-GAAP measure, as well as a reconciliation of Net Income to Adjusted EBITDA see Appendix 3. 3 Cash and cash equivalents includes Restricted Cash. FY'25 Results Summary CommentaryDelivering on growth 38
Investor Presentation | March 2026 Continued Strong Revenue Momentum *Annualized Monthly Revenue (AMR) is a financial measure used by the Company to identify the annualized monthly value of active customer agreements at the end of a reporting period. AMR includes the annualized monthly value of subscription, data and partnership agreements. All components of these agreements that are not expected to recur are excluded. Quarterly Annualized Monthly Revenue ($M)* 39 +30% YoY growth in December 2025 AMR 46 62 68 75 76 78 81 90 96 106 124 140 166 174 184 224 239 249 259 274 285 305 336 368 393 416 447 478 Q 1 19 Q 2 19 Q 3 19 Q 4 1 9 Q 1 20 Q 2 20 Q 3 20 Q 4 2 0 Q 1 21 Q 2 21 Q 3 21 Q 4 2 1 Q 1 22 Q 2 22 Q 3 22 Q 4 2 2 Q 1 23 Q 2 23 Q 3 23 Q 4 2 3 Q 1 24 Q 2 24 Q 3 24 Q 4 2 4 Q 1 25 Q 2 25 Q 3 25 Q 4 2 5
Investor Presentation | March 2026 Consolidated Revenue 40 Annual Revenue ($M) Total Consolidated Revenue Breakdown (FY’25) Hardware Life360 U.S. Subscription Life360 International Subscription Hardware Subscription Other FY'25 year over year growth of 32% Note: Numbers may not add or recalculate due to rounding. 58% 12% 5% 14% 11% $221 $278 $369 $58 $58 $52 $26 $36 $68 $305 $371 $489 FY'23 FY'24 FY'25 Subscription Hardware Other
Investor Presentation | March 2026 Life360 Core Monthly Active Users (MAU) (M) Note: Numbers may not add or recalculate due to rounding. Global MAU Q4'25 year over year growth of 20%, with significant contribution from organic channels International Triple Tier countries MAU (M) +27% YoY +26% YoY +16% YoY +26% YoY 11 13 15 17 17 16 17 17 18 20 22 24 25 27 29 31 32 34 35 37 39 40 42 44 45 48 49 51 10 11 11 11 12 9 9 10 10 12 12 12 13 15 18 18 19 20 23 25 28 30 35 36 38 40 43 45 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 U.S. International Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 ANZ UK Canada 41 +35% YoY
Investor Presentation | March 2026 Global MAU Net Additions • Strong YoY growth across U.S. (+26%) and international (+80%) • We reached 95.8 million MAU in Q4’25 with 16.2 million net additions for the full year, achieving our strongest Q4 net additions in Company history • Historical variability between quarters specifically related to emerging markets and directly following quarters with high net additions • In FY’26, we expect 20% MAU growth for the full year, while quarterly MAU net additions will continue to vary quarter to quarter 42 Note: Numbers may not add or recalculate due to rounding. Q4'25 year over year growth of 51%, with significant growth internationally Life360 Core Quarterly MAU Net Additions (M) and Global MAU (M) 1.0 2.3 1.8 1.5 1.4 1.9 2.3 1.6 0.7 1.9 1.8 1.4 2.0 1.7 1.8 1.4 1.7 2.2 1.2 1.8 0.1 0.6 0.2 0.3 0.3 0.4 0.5 0.3 0.5 0.5 0.6 0.4 0.5 0.7 0.9 0.4 0.6 0.7 0.8 0.5 0.2 1.4 (0.6) (0.1) 1.1 1.3 2.3 (0.3) 1.0 0.8 2.0 1.2 2.4 1.9 3.6 0.9 1.8 1.4 1.6 1.8 28 32 34 35 38 42 47 49 51 54 58 61 66 71 77 80 84 88 92 96 (200) (150) (100) (50) - 50 100 -1 0 1 2 3 4 5 6 7 U.S. Net Adds International Triple Tier Net Adds Other International Net Adds Global MAU +25% CAGR
Investor Presentation | March 2026 Subscription Revenue Consolidated Quarterly Subscription Revenue ($M) Global Paying Circles (000s) and Global ARPPC ($) • Strong subscription revenue growth across U.S. and international, with consolidated subscription revenue uplift of 30% YoY in Q4'25 • Core Life360 subscription revenue growth of 33% YoY in Q4'25, benefitting from strong Paying Circles growth of 26% YoY • Core Life360 Subscription revenue growth also supported by price increases in the U.S. and a shift in product mix towards higher priced products. The U.S. price increases impacted new and existing annual subscribers beginning in the second half of 2024 and continuing into 2025 • Additional uplift from international regions implemented in 2024 due to legacy subscriber price increases and the launch of higher priced membership tiers in non-Triple Tier markets, as well as continued growth in existing Triple Tier markets Q4’25 revenue growth of 30% underpinned by 26% YoY uplift in Paying Circles and 6% YoY increase in ARPPC 43 51.7 52.7 56.6 59.861.6 65.7 71.8 78.881.9 88.6 96.3 102.5 Q1 Q2 Q3 Q4 2023 2024 2025 2,258 2,396 2,532 2,702 2,834 $132 $133 $135 $138 $140 $120 $125 $130 $135 $140 $145 1,400 1,600 1,800 2,000 2,200 2,400 2,600 2,800 3,000 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Global PC Global ARPPC
Investor Presentation | March 2026 Paying Circles by Geography (000s) Paying Circles $140 $1398 +42% YoY$38 +42% YoYInternational Triple Tier Countries Paying Circles (000s) +27% YoY +24% YoY +32% YoY +23% YoY 44 Note: Numbers may not add or recalculate due to rounding. Q4'25 year over year growth of 26%, while raising prices and improving customer value 52 9 55 0 6 0 5 6 4 7 6 6 8 6 6 5 6 9 8 70 8 73 7 80 4 89 5 9 9 1 1, 0 4 4 1, 11 7 1, 18 0 1, 16 2 1, 20 3 1, 23 3 1, 30 0 1, 32 7 1, 39 0 1, 4 6 8 1, 57 9 1, 6 27 1, 71 8 1, 80 9 1, 9 16 2, 0 0 0 15 7 15 9 17 1 18 0 18 3 16 9 17 1 16 9 16 6 18 6 20 4 22 7 24 3 27 5 31 0 33 2 36 4 39 6 4 4 6 4 74 50 8 56 2 6 10 6 32 6 78 72 2 78 6 83 4 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 U.S. International UK & ANZ Legacy price increases Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 ANZ UK Canada +45% YoY
Investor Presentation | March 2026 Average Revenue Per Paying Circle (ARPPC) 1 U.S. Price increase took effect across all Membership tiers starting in August 2022. 2 The uplift to global ARPPC was tempered by a 5% increase in the weighting of international Paying Circles as a percentage of global Paying Circles, reflecting faster growth in international regions that have lower pricing relative to the U.S. Average Revenue Per Paying Circle (ARPPC) ($) 1 +5% YoY 45 +16% YoY +54% YoY +67% YoY Triple Tier launches and annual subscription price increases driving ARPPC in the U.S. and internationally International Triple Tier Countries Revenue Q4 23 Q4 24 Q4 25 ANZ UK Canada $60 $163 $40 $82 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 U.S. International +84% YoY +6% YoY Global ARPPC 2
Investor Presentation | March 2026 Strength of Free User Engagement Drives Consistent Net Subscriber Retention Over Time • MAU and Paying Circles by member registration year have increased over time, demonstrating strong retention dynamics and ability to convert free members to paid over the long-term • Consistent historical net subscriber retention across member registration years, driving net subscription revenue retention rate that is approximately 100% 1 Global Paying Circles by Member Registration Year (M)Global MAU by Member Registration Year (M) 1 Based on the average monthly subscription revenue for the six months ended December 31, 2025 compared to the prior six-month period 2023 2022 2021 2020 2019 2018 2017 2016 and before 2024 2025 46 0 10 20 30 40 50 60 70 80 90 100 D ec -2 1 Ju n -2 2 D ec -2 2 Ju n -2 3 D ec -2 3 Ju n -2 4 D ec -2 4 Ju n -2 5 D ec -2 5 0 0.5 1 1.5 2 2.5 3 D ec -2 1 Ju n -2 2 D ec -2 2 Ju n -2 3 D ec -2 3 Ju n -2 4 D ec -2 4 Ju n -2 5 D ec -2 5
Investor Presentation | March 2026 • Q4'25 Other revenue growth of 86% YoY reflects increases in data and partnership revenue, which includes advertising revenue, and is primarily due to a greater number of partners and higher spend under existing arrangements • Significant uplift in Q4'25 YoY driven primarily by advertising revenue contribution • Other revenue continues to expand as a percentage of total revenue, driving positive impacts on gross margin • Expectation of significant long term growth potential as part of broader advertising and free user monetization strategy Quarterly Other Revenue ($M) Other Revenue Revenue uplift supported by advertising ramp-up and continued monetization of free user base 47 Other Revenue as % of Total Revenue 6.5 6.5 6.5 6.16.5 7.3 9.3 13.012.8 14.5 16.9 24.2 Q1 Q2 Q3 Q4 2023 2024 2025 11% 12% 13% 14% 17% Q4'24 Q1'25 Q2'25 Q3'25 Q4'25
Investor Presentation | March 2026 Hardware Revenue Quarterly Hardware Revenue ($M) 48 • Q4'25 hardware revenue decrease of 19% YoY, as higher unit shipments were more than offset by increased promotional and competitive discounts and lower revenue related to bundled offerings • Q4’25 net hardware units shipped increased 3% YoY primarily driven by increased online retail demand • Continued growth in Tiles sold into Life360 user base, which is expected to continue with full integration of premium Tile features into Life360 app Quarterly Hardware Units Shipped (M) Continued growth in percentage of Life360 subs with an active linked Tile 10.0 11.6 15.5 21.1 10.2 11.9 11.7 23.8 8.9 12.3 11.3 19.3 Q1 Q2 Q3 Q4 2023 2024 2025 0.6 0.7 1.1 1.7 0.5 0.7 0.8 1.9 0.5 0.8 0.9 1.9 Q1 Q2 Q3 Q4 2023 2024 2025
Investor Presentation | March 2026 Expanding Profitability Leveraging the cost base as we scale with strong Adjusted EBITDA margin expansion YoY Adjusted EBITDA ($M) & Margin (%)Operating Expenses Declining as a % of Revenue • Operating expenses as a % of revenue have declined over time, reaching 69% in Q4'25, demonstrating our ongoing focus on cost discipline and operational efficiency • Adjusted EBITDA margin expansion to 22% in Q4'25 driven by strong subscription and other revenue growth and increased operating leverage 49 0.5 5.7 5.5 8.9 4.3 11.0 9.0 21.215.9 20.3 24.5 32.4 Q1 Q2 Q3 Q4 2023 2024 2025 95% 83% 82% 74% 85% 78% 81% 69% 79% 77% 73% 69% Q1 Q2 Q3 Q4 2023 2024 2025 1% 8% 7% 10% 5% 13% 10% 18% 15% 18% 20% 22%
Investor Presentation | March 2026 FY 2026 Outlook 50
Investor Presentation | March 2026 1 Adjusted EBITDA is a non-GAAP measure. For more information, including the definition of Adjusted EBITDA, the use of this non-GAAP measure, as well as a reconciliation of Net Income to Adjusted EBITDA, see Appendix 3. Outlook 51 For FY’26, Life360 expects to deliver: • Global MAU growth of 20% year-over-year; • Consolidated revenue of $640 million to $680 million (YoY growth of 31% to 39%), comprised of: • Subscription revenue of $460 million to $470 million (YoY growth of 25% to 27%); • Other revenue of $140 million to $160 million (YoY growth of 105% to 134%); • Hardware revenue of $40 million to $50 million; and • Adjusted EBITDA1 of $128 million to $138 million, which represents a margin of approximately 20%. Due to timing of investments in initiatives to support our growth, and seasonality, we anticipate Adjusted EBITDA to be lightly weighted in the first half of 2026, and heavily weighted in the second half of 2026.
Investor Presentation | March 2026 Appendix
Investor Presentation | March 2026 APPENDIX 1 Operating Metrics 1 Core metrics relate solely to the Life360 mobile application. 2 Core subscription revenue is defined as subscription revenue derived from the Life360 mobile application and excludes non-core subscription revenue which relates to other hardware related subscription offerings. Beginning with the second quarter of 2024, this definition has been updated and calculated in accordance with GAAP. 53 (in millions, except ARPPC, ARPPS, ASP) Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Life360 Core(1) Monthly Active Users (MAU) - Global 95.8 91.6 88.0 83.7 79.6 U.S. 50.6 48.7 47.5 45.3 43.7 International 45.3 42.9 40.5 38.4 36.0 ANZ 3.5 3.2 3.1 2.9 2.7 Paying Circles - Total 2.8 2.7 2.5 2.4 2.3 U.S. 2.0 1.9 1.8 1.7 1.6 International 0.8 0.8 0.7 0.7 0.6 Average Revenue per Paying Circle (ARPPC) $ 139.54 $ 137.63 $ 135.42 $ 133.42 $ 131.76 Life360 Consolidated Subscriptions 3.4 3.3 3.1 3.0 2.9 Average Revenue per Paying Subscription (ARPPS) $ 122.41 $ 119.33 $ 116.06 $ 112.98 $ 110.43 Net hardware units shipped 1.9 0.9 0.8 0.5 1.9 Average Selling Price (ASP) $ 10.06 $ 11.99 $ 14.81 $ 16.99 $ 12.56 Annualized Monthly Revenue (AMR) $ 478.0 $ 446.7 $ 416.1 $ 393.0 $ 367.6 Additional KPI Related Information Subscription revenue $ 102.5 $ 96.3 $ 88.6 $ 81.9 $ 78.8 Non-Core subscription revenue $ (5.2) $ (5.6) $ (5.7) $ (5.7) $ (5.7) Core subscription revenue(2) $ 97.3 $ 90.7 $ 82.9 $ 76.2 $ 73.1 Subscription revenue bundling related adjustment $ (0.0) $ (0.1) $ (0.3) $ (0.4) $ (0.6) Hardware revenue bundling related adjustment $ 0.0 $ 0.1 $ 0.3 $ 0.4 $ 0.4
Investor Presentation | March 2026 APPENDIX 2 Income Statement 54 Three Months Ended December 31, Year Ended December 31, $ in millions, except share and per share data 2025 2024 2025 2024 Revenue Subscription revenue $ 102.5 $ 78.8 $ 369.3 $ 277.8 Hardware revenue 19.3 23.8 51.8 57.6 Other revenue 24.2 13.0 68.4 36.0 Total revenue 146.0 115.5 489.5 371.5 Cost of Revenue Cost of subscription revenue 13.8 10.6 51.0 41.0 Cost of hardware revenue 20.7 18.1 51.2 47.2 Cost of other revenue 1.9 1.3 6.5 4.1 Total cost of revenue 36.3 30.0 108.6 92.3 Gross Profit 109.7 85.5 380.8 279.2 Operating expenses Research and development 33.3 29.8 128.4 113.1 Sales and marketing 41.8 33.5 155.0 113.4 General and administrative 25.6 16.5 78.6 60.7 Total operating expenses 100.7 79.8 362.0 287.1 Income (loss) from operations 9.0 5.7 18.8 (8.0) Other income (expense), net Convertible notes fair value adjustment — — — (0.6) Derivative liability fair value adjustment — — — (1.7) Loss on settlement of convertible notes — — — (0.4) Gain on settlement of derivative liability — — — 1.9 Gain (loss) on change in fair value of investments (1.5) — 0.6 5.4 Interest income 4.7 1.8 13.7 6.0 Other income (expense), net (0.5) (1.2) (0.5) (7.2) Total other income (expense), net 2.7 0.6 13.8 3.4 Income (loss) before income taxes 11.7 6.3 32.7 (4.6) Benefit from income taxes (118.0) (2.2) (118.2) (0.1) Net income (loss) $ 129.7 $ 8.5 $ 150.8 $ (4.6) Net income (loss) per share, basic $ 1.65 $ 0.11 $ 1.95 $ (0.06) Net income (loss) per share, diluted $ 1.51 $ 0.10 $ 1.77 $ (0.06) Weighted-average shares used in computing net income (loss) per share, basic 78,733,783 74,920,574 77,251,239 72,125,571 Weighted-average shares used in computing net income (loss) per share, diluted 86,004,809 83,212,947 85,172,415 72,125,571 Note: Numbers may not add or recalculate due to rounding.
Investor Presentation | March 2026 APPENDIX 2 Balance Sheet Cash Flow 55 December 31, $M 2025 2024 Current Assets: Cash and cash equivalents $ 494.3 $ 159.2 Accounts receivable, net 80.7 58.0 Inventory 9.9 8.1 Costs capitalized to obtain contracts, net 1.2 1.1 Prepaid expenses and other current assets 20.1 14.6 Total current assets 606.1 241.0 Restricted cash, noncurrent 1.6 1.2 Property and equipment, net 3.0 1.8 Costs capitalized to obtain contracts, noncurrent 0.9 1.0 Prepaid expenses and other assets, noncurrent 48.5 21.6 Operating lease right-of-use asset 0.3 0.7 Intangible assets, net 38.3 40.6 Goodwill 134.6 133.7 Deferred tax assets, net 126.4 — Total Assets $ 959.7 $ 441.6 Liabilities and Stockholders’ Equity Current Liabilities: Accounts payable $ 8.4 $ 5.5 Accrued expenses and other current liabilities 42.0 32.0 Deferred revenue, current 46.4 39.9 Total current liabilities 96.8 77.3 Convertible notes, net, noncurrent 310.4 — Deferred revenue, noncurrent 4.3 5.3 Other liabilities, noncurrent — 0.4 Total Liabilities $ 411.5 $ 83.0 Commitments and Contingencies Stockholders’ Equity Common stock 0.1 0.1 Additional paid-in capital 686.9 648.1 Accumulated deficit (138.9) (289.7) Total stockholders’ equity $ 548.2 $ 358.5 Total Liabilities and Stockholders’ Equity $ 959.7 $ 441.6 Year Ended December 31, $M 2025 2024 Cash Flows from Operating Activities: Net income (loss) $ 150.8 $ (4.6) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 13.3 9.8 Amortization of costs capitalized to obtain contracts 1.3 1.3 Amortization of operating lease right-of-use asset 0.3 0.3 Stock-based compensation expense, net of amounts capitalized 55.5 42.3 Non-cash interest expense, net 1.3 0.1 Convertible notes fair value adjustment — 0.6 Derivative liability fair value adjustment — 1.7 Loss on settlement of convertible notes — 0.4 Gain on settlement of derivative liability — (1.9) Gain on change in fair value of investments (0.6) (5.4) Provision for credit losses 0.8 0.3 Non-cash revenue from investments (1.2) (1.0) Deferred income taxes (118.4) — Changes in operating assets and liabilities, net of acquisition: Accounts receivable, net (23.5) (16.1) Prepaid expenses and other assets (6.7) 0.1 Inventory (1.8) (4.0) Costs capitalized to obtain contracts, net (1.2) (1.6) Accounts payable 3.1 (0.4) Accrued expenses and other current liabilities 9.3 4.5 Deferred revenue 6.7 6.6 Other liabilities, noncurrent (0.4) (0.4) Net cash provided by operating activities 88.6 32.6 Cash Flows from Investing Activities: Cash paid for acquisition (2.8) — Internally developed software (5.7) (3.9) Purchase of property and equipment (1.8) (1.2) Related Party SAFE — (5.0) Convertible note investment (25.0) — Net cash used in investing activities (35.3) (10.1) Cash Flows from Financing Activities: Proceeds related to tax withholdings on restricted stock settlements and the exercise of stock options and warrants 69.5 14.6 Taxes paid related to net settlement of equity awards (62.8) (34.0) Proceeds from issuance of common stock in U.S. initial public offering, net of underwriting discounts and commissions — 93.0 Payments of U.S. initial public offering issuance costs — (6.3) Proceeds from issuance of convertible senior notes 320.0 — Payments of debt issuance costs (10.9) — Purchase of capped calls (33.7) — Net cash provided by financing activities 282.1 67.3 Net Increase in Cash, Cash Equivalents, and Restricted Cash 335.4 89.7 Cash, Cash Equivalents and Restricted Cash at the Beginning of the Period 160.5 70.7 Cash, Cash Equivalents, and Restricted Cash at the End of the Period $ 495.8 $ 160.5 Note: Numbers may not add or recalculate due to rounding.
Investor Presentation | March 2026 Operating expenses APPENDIX 3 GAAP to Non-GAAP reconciliations 56 Cost of revenue Three Months Ended December 31, Year Ended December 31, $M 2025 2024 2025 2024 Cost of subscription revenue, GAAP $ 13.8 $ 10.6 $ 51.0 $ 41.0 Less: Depreciation and amortization, GAAP (1.0) (0.7) (4.3) (1.7) Less: Stock-based compensation, GAAP (0.5) (0.2) (1.9) (0.7) Total cost of subscription revenue, Non-GAAP $ 12.2 $ 9.8 $ 44.8 $ 38.5 Cost of hardware revenue, GAAP $ 20.7 $ 18.1 $ 51.2 $ 47.2 Less: Depreciation and amortization, GAAP (1.0) (1.0) (3.9) (3.7) Less: Stock-based compensation, GAAP (0.4) (0.2) (1.5) (0.8) Total cost of hardware revenue, Non-GAAP $ 19.3 $ 16.9 $ 45.8 $ 42.7 Cost of other revenue, GAAP $ 1.9 $ 1.3 $ 6.5 $ 4.1 Less: Depreciation and amortization, GAAP (0.2) — (0.6) — Total cost of other revenue, Non-GAAP $ 1.7 $ 1.3 $ 5.9 $ 4.1 Cost of revenue, GAAP $ 36.3 $ 30.0 $ 108.6 $ 92.3 Less: Depreciation and amortization, GAAP (2.2) (1.6) (8.9) (5.5) Less: Stock-based compensation, GAAP (0.9) (0.4) (3.4) (1.5) Total cost of revenue, Non-GAAP $ 33.2 $ 28.0 $ 96.4 $ 85.3 Three Months Ended December 31, Year Ended December 31, $M 2025 2024 2025 2024 Research and development expense, GAAP $ 33.3 $ 29.8 $ 128.4 $ 113.1 Less: Depreciation and amortization, GAAP — — (0.1) (0.1) Less: Stock-based compensation, GAAP (7.3) (7.0) (28.0) (25.5) Less: Other, GAAP — — (0.7) — Total Research and development, Non-GAAP $ 26.1 $ 22.7 $ 99.6 $ 87.5 Sales and marketing expense, GAAP $ 41.8 $ 33.5 $ 155.0 $ 113.4 Less: Depreciation and amortization, GAAP (1.2) (1.1) (4.4) (4.2) Less: Stock-based compensation, GAAP (1.6) (1.1) (7.0) (3.3) Total Sales and marketing expense, Non-GAAP $ 38.9 $ 31.4 $ 143.5 $ 105.8 General and administrative expense, GAAP $ 25.6 $ 16.5 $ 78.6 $ 60.7 Less: Stock-based compensation, GAAP (5.7) (3.3) (17.0) (11.9) Less: Other, GAAP (4.5) — (4.8) (0.2) Total General and administrative expense, Non-GAAP $ 15.4 $ 13.2 $ 56.8 $ 48.6 Total Operating expenses, GAAP $ 100.7 $ 79.8 $ 362.0 $ 287.1 Less: Depreciation and amortization, GAAP (1.2) (1.1) (4.5) (4.3) Less: Stock-based compensation, GAAP (14.5) (11.4) (52.1) (40.7) Less: Other, GAAP (4.5) — (5.6) (0.2) Total Operating expenses, Non-GAAP $ 80.4 $ 67.3 $ 299.9 $ 241.9 Note: Numbers may not add or recalculate due to rounding.
Investor Presentation | March 2026 We collect and analyze operating and financial data to evaluate the health of our business, allocate our resources and assess our performance. Adjusted EBITDA In addition to total revenue, net income and other results under GAAP, we utilize a non-GAAP calculation of adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”). Adjusted EBITDA is defined as net income (loss), excluding (i) convertible notes and derivative liability fair value adjustments, (ii) gains and losses on the settlement of convertible notes and derivative liabilities, (iii) gain (loss) on change in fair value of investments, (iv) benefit from income taxes, (v) depreciation and amortization, (vi) interest income, (vii) other expense, net, (viii) acquisition and investment related transaction costs, (ix) stock-based compensation, (x) warehouse relocation costs, (xi) IPO-related transaction costs, including secondary offering costs, and (xii) workplace restructuring costs. These items are excluded from Adjusted EBITDA because they are non-cash in nature, because the amount and timing of these items are unpredictable, or because they are not driven by core results of operations and render comparisons with prior periods and competitors less meaningful. We believe Adjusted EBITDA provides useful information to investors and others in understanding and evaluating our results of operations, as well as providing useful measures for period-to-period comparisons of our business performance. Moreover, we have included Adjusted EBITDA in this presentation because it is a key measurement used by our management team internally to make operating decisions, including those related to operating expenses, evaluate performance, and perform strategic planning and annual budgeting. However, this non-GAAP financial measure is presented for supplemental informational purposes only, should not be considered a substitute for or superior to financial information presented in accordance with GAAP, and may be different from similarly titled non-GAAP financial measures used by other companies. As such, you should consider this non-GAAP financial measure in addition to other financial performance measures presented in accordance with GAAP, including various cash flow metrics, net income (loss) and our other GAAP results. The table presents a reconciliation of net income (loss), the most directly comparable GAAP measure, to Adjusted EBITDA. 1 To reflect the change in fair value of the September 2021 Convertible Notes and derivative liability associated with the July 2021 Convertible Notes. 2 Relates to the settlement of the July 2021 Convertible Notes and September 2021 Convertible Notes. 3 Relates to the changes in fair value of the Related Party Investment and the Convertible Note Investment. Refer to the FY 2025 10-K for the definition and additional information on the Related Party Investment and Convertible Note Investment. 4 The Company recorded a significant one-time, non-cash income tax benefit for the year related to the release of a valuation allowance, based on the Company’s current and projected taxable income, supporting the realizability of deferred tax assets. 5 Includes depreciation on fixed assets and amortization of intangible assets. 6 Relates to costs incurred in connection with the acquisition of Nativo, Inc., the Convertible Note Investment, and the asset acquisition of Fantix, Inc., including one-time bonus payments. 7 Relates to non-recurring warehouse relocation costs in connection with the move of certain hardware manufacturing operations. 8 Relates to non-recurring personnel and severance related expenses. 57 APPENDIX 3 Non-GAAP Financial Measures Three Months Ended December 31, Year Ended December 31, $M 2025 2024 2025 2024 Net income (loss) 129.7 8.5 150.8 (4.6) Add (deduct): Convertible notes fair value adjustment(1) — — — 0.6 Derivative liability fair value adjustment(1) — — — 1.7 Loss on settlement of convertible notes(2) — — — 0.4 Gain on settlement of derivative liability — — — (1.9) Gain (loss) on change in fair value of investments(3) 1.5 — (0.6) (5.4) Benefit from income taxes(4) (118.0) (2.2) (118.2) (0.1) Depreciation and amortization(5) 3.5 2.7 13.3 9.8 Interest income (4.7) (10.2) (13.7) (6.0) Other expense, net 0.5 9.7 0.5 1.6 Acquisition and investment related transaction costs(6) 3.8 — 4.9 — Stock-based compensation 15.5 11.8 55.5 42.3 Warehouse relocation costs(7) 0.7 — 0.7 — IPO-related transaction costs, including secondary offering costs — 1.0 — 6.8 Workplace restructuring costs(8) — — — 0.2 Adjusted EBITDA 32.4 21.2 93.2 45.5 Note: Numbers may not add or recalculate due to rounding.
Investor Presentation | March 2026 Note: Pricing and feature information sourced from publicly available data. Feature sets for cellular providers reflect those of their associated family safety apps. Life360 feature set and pricing represents the Gold Membership, with select features available at the Platinum Membership for $24.99. 1Real-Time Pet racking and Pet Finder Network are only available with a Gold or Platinum memberships and the purchase of a Life360 Pet GPS which is sold separately. APPENDIX 4 Competitive Landscape Monthly Price $14.99 $10.00 Free $7.99 $14.99 $79.99 $4.99 $34.99 Free $10.00 $14.99 Membership Family circle Individual Individual Family Individual Family Individual Family Individual Individual Individual Features Available on iOS & Android Roadside Assistance SOS Alert Driver Reports Stolen Phone Reimbursement Credit Monitoring Platinum Only ID Theft Protection iOS Crash Detection Disaster Assistance Platinum Only Travel Assistance Platinum Only Location Sharing Stolen Funds Reimbursement Item Tracking In-App Messaging Pet Tracking1 58
Investor Presentation | March 2026 Thank you.
FAQ
How did Life360 (LIF) perform financially in full-year 2025?
Life360 delivered strong 2025 results, with total revenue of $489.5 million, up 32% year-over-year. Subscription revenue reached $369.3 million, and Adjusted EBITDA rose to $93.2 million, a 105% increase, producing a 19% Adjusted EBITDA margin for the year.
Did Life360 (LIF) achieve profitability in 2025?
Yes. Life360 reported its first full year of profitability in 2025, with net income of $150.8 million. This figure includes a $118.4 million one-time, non-cash tax benefit from releasing a valuation allowance, highlighting improving fundamentals and tax asset realizability.
What were Life360’s key user and subscription metrics for 2025?
As of December 31, 2025, Life360 had approximately 95.8 million Monthly Active Users, up 20% year-over-year, and 2.8 million Paying Circles, up 26%. Annualized Monthly Revenue increased 30% to $478.0 million, reflecting both user growth and higher monetization.
How strong is Life360’s (LIF) balance sheet after 2025?
Life360 ended 2025 with $495.8 million in cash, cash equivalents and restricted cash, up from $160.5 million a year earlier. The increase was driven by $88.6 million operating cash flow and net proceeds from June 2025 convertible notes, partly offset by an Aura convertible note investment.
What guidance did Life360 (LIF) provide for 2026 revenue and earnings?
For 2026, Life360 expects consolidated revenue of $640–$680 million, including $460–$470 million in subscription revenue and $140–$160 million in other revenue. It also forecasts Adjusted EBITDA of $128–$138 million, implying an approximately 20% margin.
How fast are Life360’s advertising and other revenues growing?
Life360’s other revenue, which includes data, partnership and advertising income, grew to $68.4 million in 2025, an increase of 90% year-over-year. In Q4 2025 alone, other revenue reached $24.2 million, up 86%, showing rapid traction in non-subscription monetization.
What were Life360’s Q4 2025 results compared with the prior year?
In Q4 2025, Life360 generated $146.0 million in revenue, up 26% year-over-year. Adjusted EBITDA was $32.4 million, compared with $21.2 million in Q4 2024, lifting quarterly Adjusted EBITDA margin to 22% from 18%, supported by strong subscription and other revenue growth.
Filing Exhibits & Attachments
5 documents
Life360 Inc
NASDAQ:LIF
LIF Rankings
LIF Latest News
LIF Latest SEC Filings
Mar 2, 2026
[10-K] Life360, Inc. Files Annual Report
Feb 18, 2026
[Form 4] Life360, Inc. Insider Trading Activity
Feb 13, 2026
[144] Life360, Inc. SEC Filing
Jan 22, 2026
[8-K] Life360, Inc. Reports Material Event
LIF Stock Data
4.22B
62.35M
Software - Application
Services-computer Processing & Data Preparation
United States
SAN MATEO