6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.0% per year over the past 5 years.
Operating margin has expanded, at -7.8% in the latest year.
Financial health
The company holds more cash ($35M) than total debt ($13M).
Total debt has grown slower than revenue (1.0% vs 7.0% per year).
The company is unprofitable; at its current free-cash-flow burn it has roughly 3.2 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$106M
-$40M
50.6%
-7.8%
-$11M
$13M
$35M
2024
$78M
-$13M
50.4%
-25.9%
-$11M
$12M
$20M
2023
$54M
-$33M
41.8%
-53.0%
-$24M
$15M
$17M
2022
$69M
-$79M
33.7%
-122.3%
-$82M
$10M
$11M
2021
$76M
-$72M
46.2%
-73.6%
-$42M
$17M
$95M
2020
$75M
-$11M
47.6%
-9.3%
-$1M
$12M
$17M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$22M
-$3M
54.5%
-24.5%
-$5M
$19M
$35M
Dec '25
$27M
-$9M
47.6%
-18.4%
-$651000
$13M
$35M
Sep '25
$32M
$4M
50.6%
3.8%
-$2M
$25M
$24M
Jun '25
$26M
-$38M
51.3%
-7.4%
-$2M
$21M
$22M
Mar '25
$21M
$3M
53.7%
-12.7%
-$6M
$14M
$16M
Dec '24
$20M
-$9M
53.5%
-36.2%
$3M
$12M
$20M
Sep '24
$22M
-$6M
52.2%
-21.8%
-$7M
$15M
$22M
Jun '24
$21M
-$1M
49.5%
-10.8%
-$3M
$2M
$15M
Mar '24
$15M
$3M
44.4%
-39.0%
-$3M
$4M
$18M
Dec '23
$21M
-$7M
47.0%
-14.7%
-$2M
$15M
$17M
Sep '23
$9M
-$6M
36.3%
-85.8%
-$5M
$7M
$15M
Jun '23
$13M
-$8M
40.0%
-51.3%
-$7M
$7M
$25M
Mar '23
$11M
-$12M
38.7%
-102.0%
-$9M
$8M
$25M
Dec '22
$12M
-$19M
27.8%
-173.5%
-$10M
$10M
$11M
Sep '22
$17M
-$19M
26.6%
-125.7%
-$16M
$12M
$23M
Jun '22
$18M
-$12M
36.1%
-111.0%
-$28M
$11M
$37M
Mar '22
$22M
-$29M
40.7%
-100.7%
-$28M
$14M
$69M
Dec '21
-$3M
-$24M
239.8%
1326.8%
-$6M
$17M
$95M
Sep '21
$32M
-$34M
47.2%
-43.7%
-$20M
$19M
$115M
Jun '21
$25M
-$5M
54.2%
-23.5%
-$9M
—
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Valuation over time
How the market has priced OWLT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 0.1× (Mar '23) to 1.5× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is OWLT growing its revenue and profit?
Over the past 5 years, Owlet, Inc.'s revenue has grown 7.0% per year. These are computed facts, not advice.
How much debt does OWLT have?
As of FY2025, Owlet, Inc. reported $13M of total debt against $35M of cash.
What is OWLT's profit margin?
In FY2025, gross margin was 50.6%, operating margin -7.8%, and net margin -37.5%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.