Owlet, Inc. reported higher revenue but a net loss for the quarter ended March 31, 2026. Total revenue reached $22,456 thousand, up from $21,104 thousand a year earlier, driven by hardware sales of $19,779 thousand and fast-growing subscription revenue of $2,677 thousand.
Gross profit rose to $12,239 thousand, but operating expenses increased to $17,731 thousand, resulting in an operating loss of $5,492 thousand and a net loss of $3,336 thousand, compared with prior-year net income largely boosted by warrant remeasurement gains. Cash and cash equivalents were $35,459 thousand, with total cash, cash equivalents, and restricted cash of $41,009 thousand and negative operating cash flow of $5,049 thousand.
Owlet ended the period with total assets of $86,757 thousand, total liabilities of $50,911 thousand, mezzanine equity of $14,835 thousand, and stockholders’ equity of $21,011 thousand. Management notes a history of losses but believes existing cash, cash flows, and committed credit lines are sufficient for at least the next 12 months.
Owlet, Inc. reported higher revenue but a net loss for the quarter ended March 31, 2026. Total revenue reached $22,456 thousand, up from $21,104 thousand a year earlier, driven by hardware sales of $19,779 thousand and fast-growing subscription revenue of $2,677 thousand.
Gross profit rose to $12,239 thousand, but operating expenses increased to $17,731 thousand, resulting in an operating loss of $5,492 thousand and a net loss of $3,336 thousand, compared with prior-year net income largely boosted by warrant remeasurement gains. Cash and cash equivalents were $35,459 thousand, with total cash, cash equivalents, and restricted cash of $41,009 thousand and negative operating cash flow of $5,049 thousand.
Owlet ended the period with total assets of $86,757 thousand, total liabilities of $50,911 thousand, mezzanine equity of $14,835 thousand, and stockholders’ equity of $21,011 thousand. Management notes a history of losses but believes existing cash, cash flows, and committed credit lines are sufficient for at least the next 12 months.
Owlet, Inc. reported first quarter 2026 revenue of $22.5 million, up 6.4% from $21.1 million a year earlier, driven mainly by growth in its Owlet360 subscription service. Subscription revenue reached $2.7 million, and overall gross margin improved to 54.5%.
The company recorded a net loss of $3.3 million versus net income of $3.0 million in Q1 2025, as operating expenses rose to $17.7 million. Owlet now expects 2026 revenue of $118–$122 million, but has raised its 2026 adjusted EBITDA guidance to $7–$9 million, targeting 250%–350% growth over 2025.
Owlet, Inc. reported first quarter 2026 revenue of $22.5 million, up 6.4% from $21.1 million a year earlier, driven mainly by growth in its Owlet360 subscription service. Subscription revenue reached $2.7 million, and overall gross margin improved to 54.5%.
The company recorded a net loss of $3.3 million versus net income of $3.0 million in Q1 2025, as operating expenses rose to $17.7 million. Owlet now expects 2026 revenue of $118–$122 million, but has raised its 2026 adjusted EBITDA guidance to $7–$9 million, targeting 250%–350% growth over 2025.
Owlet, Inc. director Laura Durr reported receiving a grant of 18,996 restricted stock units (RSUs) of Owlet common stock as compensation. Each RSU converts into one share upon vesting, with all RSUs vesting on the earlier of the first anniversary of the grant date or immediately before the next annual stockholder meeting, subject to her continued service. The filing notes the transaction was reported late due to an administrative oversight. Following this award, Durr directly holds 100,669 shares of Owlet common stock.
Owlet, Inc. director Laura Durr reported receiving a grant of 18,996 restricted stock units (RSUs) of Owlet common stock as compensation. Each RSU converts into one share upon vesting, with all RSUs vesting on the earlier of the first anniversary of the grant date or immediately before the next annual stockholder meeting, subject to her continued service. The filing notes the transaction was reported late due to an administrative oversight. Following this award, Durr directly holds 100,669 shares of Owlet common stock.
Gonzales Melissa reported acquisition or exercise transactions in this Form 4 filing.
Owlet, Inc. director Melissa Gonzales received an equity award of 18,996 restricted stock units (RSUs) of common stock. The RSUs entitle her to one share of Owlet common stock for each unit as they vest, with no cash paid per share.
The RSUs will fully vest on the earlier of the first anniversary of the grant date or immediately before Owlet’s next annual stockholders’ meeting, as long as she continues serving the company through that date. After this grant, she holds 87,905 shares of Owlet common stock directly. The Form 4 notes that this transaction was reported late because of an administrative oversight.
Gonzales Melissa reported acquisition or exercise transactions in this Form 4 filing.
Owlet, Inc. director Melissa Gonzales received an equity award of 18,996 restricted stock units (RSUs) of common stock. The RSUs entitle her to one share of Owlet common stock for each unit as they vest, with no cash paid per share.
The RSUs will fully vest on the earlier of the first anniversary of the grant date or immediately before Owlet’s next annual stockholders’ meeting, as long as she continues serving the company through that date. After this grant, she holds 87,905 shares of Owlet common stock directly. The Form 4 notes that this transaction was reported late because of an administrative oversight.
Kim John C. reported acquisition or exercise transactions in this Form 4 filing.
Owlet, Inc. director John C. Kim received an equity grant of 18,996 restricted stock units (RSUs). Each RSU entitles him to one share of Owlet common stock upon vesting, at no purchase price. After this grant, he holds 252,026 shares/RSUs in total.
The RSUs will fully vest on the earlier of the first anniversary of the grant date or immediately before Owlet’s next annual stockholder meeting, as long as he continues to serve the company through that date. The filing notes that this transaction was reported late due to an administrative oversight.
Kim John C. reported acquisition or exercise transactions in this Form 4 filing.
Owlet, Inc. director John C. Kim received an equity grant of 18,996 restricted stock units (RSUs). Each RSU entitles him to one share of Owlet common stock upon vesting, at no purchase price. After this grant, he holds 252,026 shares/RSUs in total.
The RSUs will fully vest on the earlier of the first anniversary of the grant date or immediately before Owlet’s next annual stockholder meeting, as long as he continues to serve the company through that date. The filing notes that this transaction was reported late due to an administrative oversight.
Owlet, Inc. former President & CEO Jonathan Harris reported a mix of stock sales and equity awards in Owlet common stock. On February 26, 2026, he sold 12,676 shares at $11.50 per share in an automatic, non-discretionary transaction to cover taxes and fees tied to vesting restricted stock units. That same day, he received 41,666 shares at no cost through stock awards, including performance-based RSUs linked to cumulative net revenue goals through December 31, 2028. The filing also lists several smaller open-market sales between July 2025 and February 2026. After these transactions, Harris directly holds 352,012 shares of Owlet common stock, with a net sale of 26,750 shares across the reported period.
Owlet, Inc. former President & CEO Jonathan Harris reported a mix of stock sales and equity awards in Owlet common stock. On February 26, 2026, he sold 12,676 shares at $11.50 per share in an automatic, non-discretionary transaction to cover taxes and fees tied to vesting restricted stock units. That same day, he received 41,666 shares at no cost through stock awards, including performance-based RSUs linked to cumulative net revenue goals through December 31, 2028. The filing also lists several smaller open-market sales between July 2025 and February 2026. After these transactions, Harris directly holds 352,012 shares of Owlet common stock, with a net sale of 26,750 shares across the reported period.
Owlet, Inc. filed Amendment No. 1 to its annual report to add the previously omitted Part III sections covering directors, executive officers, executive compensation, ownership, related-party transactions and auditor fees. The amendment does not change the company’s 2025 financial statements.
The filing details a refreshed board and audit & risk committee, 2025 pay for CEO Kurt Workman, former CEO Jonathan Harris and CFO Amanda Crawford, and new performance-based RSU grants tied to cumulative net revenue through 2028. It also outlines a change-in-control severance plan, major holders’ combined voting power of over 35%, related-party financings and warrant exchanges, and 2025 audit fees of $1,776,800 paid to PwC.
Owlet, Inc. filed Amendment No. 1 to its annual report to add the previously omitted Part III sections covering directors, executive officers, executive compensation, ownership, related-party transactions and auditor fees. The amendment does not change the company’s 2025 financial statements.
The filing details a refreshed board and audit & risk committee, 2025 pay for CEO Kurt Workman, former CEO Jonathan Harris and CFO Amanda Crawford, and new performance-based RSU grants tied to cumulative net revenue through 2028. It also outlines a change-in-control severance plan, major holders’ combined voting power of over 35%, related-party financings and warrant exchanges, and 2025 audit fees of $1,776,800 paid to PwC.
Owlet, Inc. President & CEO Kurt Workman reported receiving a grant of 850,000 shares of Common Stock on April 28, 2026 at $0.00 per share, bringing his directly held stake to 1,232,080 shares.
The Form 4 also lists prior 2025 activity, including open-market sales totaling 52,233 shares at prices between $4.26 and $8.46, after which he still held over 380,000 shares. Some shares were automatically sold in non-discretionary transactions to cover taxes and fees tied to vesting of RSUs, and his balance includes shares acquired through Owlet's Employee Stock Purchase Plan and performance-based RSU awards.
Owlet, Inc. President & CEO Kurt Workman reported receiving a grant of 850,000 shares of Common Stock on April 28, 2026 at $0.00 per share, bringing his directly held stake to 1,232,080 shares.
The Form 4 also lists prior 2025 activity, including open-market sales totaling 52,233 shares at prices between $4.26 and $8.46, after which he still held over 380,000 shares. Some shares were automatically sold in non-discretionary transactions to cover taxes and fees tied to vesting of RSUs, and his balance includes shares acquired through Owlet's Employee Stock Purchase Plan and performance-based RSU awards.
Owlet, Inc. Chief Financial Officer Amanda Crawford reported a mix of stock sales and equity awards in Owlet common stock. On February 27, 2026, she sold 6,892 shares at $11.50 per share in a non-discretionary transaction to cover taxes and fees related to vesting restricted stock units, and held 212,800 shares afterward.
On February 25, 2026, she received a grant of 20,833 shares at no cost as part of her compensation. Footnotes also describe additional time-based and performance-based RSUs that convert into one share each upon vesting, tied to service and cumulative net revenue goals through December 31, 2028.
The filing notes one transaction was reported late due to an administrative oversight, and shows no remaining derivative securities after these updates.
Owlet, Inc. Chief Financial Officer Amanda Crawford reported a mix of stock sales and equity awards in Owlet common stock. On February 27, 2026, she sold 6,892 shares at $11.50 per share in a non-discretionary transaction to cover taxes and fees related to vesting restricted stock units, and held 212,800 shares afterward.
On February 25, 2026, she received a grant of 20,833 shares at no cost as part of her compensation. Footnotes also describe additional time-based and performance-based RSUs that convert into one share each upon vesting, tied to service and cumulative net revenue goals through December 31, 2028.
The filing notes one transaction was reported late due to an administrative oversight, and shows no remaining derivative securities after these updates.
Owlet, Inc. Chief Financial Officer Amanda Crawford reported a small, non-market transaction related to equity compensation. On April 15, 2026, 141 shares of Owlet common stock were withheld at $5.66 per share to cover tax obligations triggered by vesting of restricted stock units. After this tax-withholding disposition, she directly holds 159,679 shares of common stock.
Owlet, Inc. Chief Financial Officer Amanda Crawford reported a small, non-market transaction related to equity compensation. On April 15, 2026, 141 shares of Owlet common stock were withheld at $5.66 per share to cover tax obligations triggered by vesting of restricted stock units. After this tax-withholding disposition, she directly holds 159,679 shares of common stock.