Owlet Announces Third Quarter 2026 Financial Results; Initiates Camera Cable Guard Safety Update
Key Highlights
- ➤Q3 revenue $30.4 million, down 4.9% from $32.0 million year-over-year
- ➤Q3 subscription revenue $3.6 million, up $2.1 million year-over-year
- ➤Q3 adjusted EBITDA $3.5 million, versus $1.6 million in 2025
- ➤Owlet withdraws full-year 2026 financial outlook after camera cable safety update
- ➤Replacement cable guards ship free upon request; fourth-quarter remediation costs expected
Expert Statements
Kurt Workman, President, Chief Executive Officer, and Co-Founder of Owlet
“We delivered a strong third quarter, driven by our focus on profitable growth.”
Kurt Workman, President, Chief Executive Officer, and Co-Founder of Owlet
“Revenue of $30.4 million was in line with our expectations, we expanded gross margin by 315 basis points, generated positive operating income and operating cash flow, and delivered $3.5 million of Adjusted EBITDA. Owlet360 subscription also continued to scale, ending the quarter with over 142,000 paying subscribers and record subscription revenue.”
Kurt Workman, President, Chief Executive Officer, and Co-Founder of Owlet
“Today, we initiated a safety update for the cable guard accessory included with our cameras. We are providing a replacement enclosed cable guard system that we believe delivers on our commitment to elevating safety standards in the market. We’re starting to ship it today free of charge to every Owlet camera owner upon request. While this update impacts our fourth quarter, we’re confident the long-term opportunity for Owlet remains intact. We’ll share more on today’s conference call.”
Owlet Announces Third Quarter 2026 Financial Results; Initiates Camera Cable Guard Safety Update
Owlet, Inc. (“Owlet” or the “Company”) (NYSE: OWLT), the pioneer of smart infant monitoring, today reports financial results for the third quarter ended September 30, 2026. Owlet’s President, Chief Executive Officer, and Co-Founder, Kurt Workman, and Chief Financial Officer, Amanda Twede Crawford, will host a conference call to review the Company’s results and provide a business update today, November 13, 2026, at 8:30 a.m. ET.
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