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

4.15 0.09 −2.12%
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

Owlet, Inc. (OWLT) Piotroski F-score

Alert me on Piotroski F-score

Owlet, Inc.'s Piotroski F-score for fiscal 2025 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, down from 5 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 4 (1.00)
FY2024 5 (1.00)
FY2023 6 5.00
FY2022 1 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets (61.96%) (36.79%) Fail 0
Positive operating cash flow (10.79m) (11.21m) Fail 0
Rising return on assets (61.96%) (36.79%) Fail 0
Cash flow above net income 31.06m 6.01m Pass 1
Falling long-term leverage 0.04 0.09 Pass 1
Rising current ratio 1.85 1.27 Pass 1
No new shares issued 18,094,000 10,951,000 Fail 0
Rising gross margin 50.64% 50.36% Pass 1
Rising asset turnover 1.56 1.67 Fail 0
Piotroski F-score Mixed 4

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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