Owlet, Inc.

OWLT Healthcare Medical Devices

Owlet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $105.7 million, up 35.4% from fiscal 2024.

Revenue
+29.9%
EPS
+97.9%
Free cash flow
+55.7%
Total debt
−16.9%

Quarter to June 2026, against a year earlier

4.19 0.05 −1.18%
Market cap
$123.9M
P/E
0.0×
Fwd P/E
−16.9×
Dividend yield
—
F-score
4/9
Altman Z
−0.95
Beneish M
−3.37
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.03
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 2 — — — — — — — — — —
Insider Ownership 44.52%

Capital & Financial Ratios $m

Size
Market Cap 123.90
Revenue ttm 114.86
Net income ttm (9.66)
Free cash flow ttm (9.86)
Net debt Q (19.48)
Valuation
P/E 0.00
Forward P/E (16.90) (negative: loss-making)
Price / sales 1.05
Forward P/S Powerpack
Price / FCF 0.00
Price / book 5.21
Financial health
Current ratio Q 1.64 (at or above 1.5: strong)
Debt / equity Q 0.74
Interest coverage Q 2.46
Growth
Revenue growth Q +29.94% (above 0%: growing)
Operating income growth Q +203.39% (above 0%: growing)
EPS, this year +89.61% (at or above 15%: strong)
EPS, next year A +101.39% (at or above 15%: strong)
Revenue, next year A +13.33% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +56.32% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 48.01%
10-year low 10-year high
P/B against its own 10 years 17.46%
10-year low 10-year high
EV/Sales against its own 10 years 47.93%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 17 21 41 37
Receivables 14 12 23 33
Inventory 6 11 15 16
Other — — — —
40 46 82 88
2023 2024 2025 Q'26
Payables 14 11 12 12
ST’ Debt 15 7 11 17
Other — — — —
45 36 44 54

Compound Annual Growth %

10y 5y 3y
Sales — 6.99% 15.17%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.25) (0.05) — — —
’25 0.14 (2.37) (0.06) (0.39) (2.31)
’24 (0.51) (0.30) (0.61) (0.63) (1.57)
’23 (1.54) (1.19) (0.84) (0.97) (4.53)
’22 (3.64) (1.54) (2.38) (2.38) (9.94)
’21 (4.95) (3.32) (5.04) (3.08) (15.83)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 22 34 — — —
’25 21 26 32 27 106
’24 15 21 22 20 78
’23 11 13 9 21 54
’22 22 18 17 12 69
’21 22 25 32 (3) 76
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) 0 — — —
’25 (6) (2) (2) 0 (11)
’24 (3) (3) (7) 3 (11)
’23 (9) (7) (5) (2) (24)
’22 (27) (28) (16) (10) (81)
’21 (7) (9) (19) (6) (41)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (1) — — —
’25 (6) (2) (2) (1) (12)
’24 (3) (3) (8) 3 (12)
’23 (9) (7) (5) (2) (24)
’22 (28) (29) (16) (10) (83)
’21 (7) (9) (20) (6) (43)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — 75 76 69 54 78 106 115 +7.0% 120 144 186 +20.7%
Gross margin, % — — — — 47.58 46.23 33.69 41.82 50.36 50.64 54.75 +3.1 pt
EBT — — — — (11) (72) (79) (33) (12) (40) (9) +30.4%
EBT margin, % — — — — (13.93) (94.50) (114.60) (60.90) (15.99) (37.51) (8.05) (23.6) pt
Net income — 0 — — (11) (72) (79) (33) (13) (40) (10) n/m
Per share, $
Per share, $ Revenue — — — — 48.10 16.80 8.70 6.53 7.13 5.84 4.03 (34.4%)
Earnings — — — — (6.71) (15.83) (9.94) (4.53) (1.57) (2.31) (0.42) (19.2%)
Cash flow — — — — (0.08) (8.99) (10.24) (2.84) (1.02) (0.60) (0.27) +48.6%
Capex — — — — (0.67) (0.45) (0.20) (0.01) (0.07) (0.05) (0.07) (40.1%)
Free cash flow — — — — (0.76) (9.43) (10.43) (2.85) (1.09) (0.65) (0.35) (3.0%)
Book value — — — — (13.28) 12.23 (1.34) (3.59) (2.77) 1.05 0.81 n/m
Shares, m — — — — 2 5 8 8 11 18 23 +63.1%
Valuation, ×
Valuation, × P/E — — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — — — 0.00 2.22 0.92 0.88 0.62 2.77 1.05 1.2
P/B — — — — 20.50 3.06 0.00 0.00 0.00 15.38 5.21 6.5
EV/Sales — — — — 0.00 1.19 1.00 0.87 0.51 2.51 0.90 1.0
EV/FCF — — — — 0.00 (2.12) (0.84) (1.98) (3.32) (22.58) (10.45) (5.1)
Cash, $m
Cash, $m Operating cash flow — — — — 0 (41) (81) (24) (11) (11) (8) +142.4%
Capex — — — — (1) (2) (2) 0 (1) (1) (2) (2.2%)
Free cash flow — — — — (1) (43) (83) (24) (12) (12) (10) +58.2%
Balance, $m
Balance, $m Working capital — — — — (10) 67 (15) (5) 10 38 34 n/m
Net debt — — — — 5 (79) 4 (1) (9) (28) (19) n/m
Shareholders’ equity — — — — (21) 55 (11) (30) (30) 19 23 n/m
Returns, %
Returns, % ROA — — — — (52.45) (79.60) (80.08) (73.35) (36.79) (61.96) (15.60) (9.5) pt
ROIC — — — — 0.00 0.00 0.00 0.00 0.00 0.00 (131.04) 0.0 pt
ROE — — — — (8.25) 1,118.80 (356.12) 155.68 51.18 781.68 68.03 +789.9 pt
People
People Employees — — — — 3 200 106 76 85 114 — +107.0%
Revenue/emp, $m — — — — 25.13 0.38 0.65 0.71 0.92 0.93 — (48.3%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Owlet, Inc. vs peers in Medical Devices (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
INGN Inogen, Inc $179.7M — (loss-making) — (loss-making) +3.04% (above 0%: growing) n/m −51.15% (below 0%: shrinking) 45.51% (5.36%) Compare
MXCT MaxCyte, Inc. $135.2M — (loss-making) — (loss-making) −14.53% (below 0%: shrinking) n/m +54.74% (above 0%: growing) 76.96% (140.72%) Compare
QTRX Quanterix Corporation $130.5M — (loss-making) — (loss-making) +34.44% (above 0%: growing) n/m +18.92% (above 0%: growing) 38.52% (150.22%) Compare
APYX Apyx Medical Corporation $128.9M — (loss-making) — (loss-making) +8.95% (above 0%: growing) n/m +53.17% (above 0%: growing) 64.16% (4.07%) Compare
OWLT Owlet, Inc. $123.9M — (loss-making) — (loss-making) +29.94% (above 0%: growing) n/m +55.74% (above 0%: growing) 64.44% 5.14%
LUNG Pulmonx Corporation $111.5M — (loss-making) — (loss-making) +6.20% (above 0%: growing) n/m +61.33% (above 0%: growing) 76.19% (32.80%) Compare
ZOMDF Zomedica Corp. $95.4M — (loss-making) — (loss-making) +22.29% (above 0%: growing) n/m +32.51% (above 0%: growing) 61.06% (34.60%) Compare
CATX Perspective Therapeutics, Inc. $90.0M — (loss-making) — (loss-making) −72.07% (below 0%: shrinking) n/m −66.09% (below 0%: shrinking) 100.00% (36,120.99%) Compare
LUCD Lucid Diagnostics Inc. $79.3M — (loss-making) — (loss-making) +26.74% (above 0%: growing) n/m −7.04% (below 0%: shrinking) 1.97% (868.45%) Compare
Median of peers $120.2M — — +7.58% — +25.72% 62.61% (87.66%)

All 149 Medical Devices stocks →

Pay and ownership Proxy statement filed 30 June 2026

Ownership

Directors and executive officers, together 35.22% of the votes
Entities affiliated with Eclipse 30.59% of the votes
Lior Susan 30.59% of the votes
Trilogy Equity Partners, LLC 6.41% of the votes
AWM Investment Company, Inc. 5.51% of the votes
John Stanton and Theresa Gillespie 1.97% of the votes
The Melton 1.45% of the votes
Litespeed Capital, LLC 0.97% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Owlet, Inc. (OWLT) Latest News

18 Aug

Impact 4 · · The Motley Fool transcript

14 May

Impact 4 · · MarketBeat

13 May

Impact 4 · · Insider Monkey

8 May

Impact 4 · · Moby

6 Mar

stockrow.com/OWLT · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com