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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›OWLT›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

Owlet, Inc. (OWLT) financials

Income statement

Owlet, Inc. (OWLT) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$75.4M$75.8M$69.2M$54.0M$78.1M$106M
Revenue growth—0.6%-8.8%-22.0%44.5%35.4%
Gross profit$35.9M$35.1M$23.3M$22.6M$39.3M$53.5M
Gross margin47.6%46.2%33.7%41.8%50.4%50.6%
Operating income-$6.99M-$55.8M-$84.6M-$28.6M-$20.2M-$8.26M
Operating margin-9.3%-73.6%-122.3%-53.0%-25.9%-7.8%
Net income-$10.5M-$71.7M-$79.3M-$32.9M-$12.5M-$39.7M
Net margin-14.0%-94.5%-114.6%-60.9%-16.1%-37.5%
EPS (diluted)-$0.48-$1.13-$9.98-$4.53-$1.57—

Cash flow

Owlet, Inc. (OWLT) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$129K-$40.6M-$81.4M-$23.5M-$11.2M-$10.8M
Capital expenditures$967K$969K$636K$16.0K$35.0K$273K
Free cash flow-$1.10M-$41.5M-$82.0M-$23.5M-$11.2M-$11.1M

Balance sheet

Owlet, Inc. (OWLT) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$17.0M$95.1M$11.2M$16.6M$20.2M$35.5M
Total assets$40.1M$140M$58.1M$44.1M$49.5M$85.6M
Total liabilities$60.9M$84.9M$68.7M$73.8M$66.3M$50.2M
Long-term debt$10.2M$7.99M$0.00$0.00$4.33M$2.46M
Shareholders' equity-$68.0M$55.2M-$10.6M-$37.5M-$29.8M$19.0M
Retained earnings-$71.7M-$143M-$223M-$256M-$268M-$308M
Shares (wtd avg diluted)22.0M63.2M7.95M8.28M11.0M18.1M

Every figure is extracted from Owlet, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Owlet, Inc.'s annual revenue?
Owlet, Inc. (OWLT) reported $106M of revenue for fiscal year 2025 — up 35.4% from $78.1M in FY2024, per its annual report filed with the SEC.
Is Owlet, Inc. profitable?
Not in FY2025 — OWLT reported a net loss of $39.7M, per SEC filings.
What is Owlet, Inc.'s free cash flow?
-$11.1M in FY2025 (operating cash flow -$10.8M minus $273K of capital expenditures), from the SEC cash-flow statement.
Does OWLT pay a dividend?
Owlet, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full OWLT analysis — verdict, score & filings →Is OWLT a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.