Life360, Inc.
For the period ended Mar 31, 2026. Filed May 11, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 11, 2026
LIF$41.98-6.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Subscription revenue | $108,194 | $81,874 |
| Hardware revenue | 4,526 | 8,907 |
| Advertising revenue | 19,661 | 4,584 |
| Other revenue(1) | 10,742 | 8,259 |
| Total revenue | 143,123 | 103,624 |
| Cost of subscription revenue | 14,504 | 10,141 |
| Cost of hardware revenue | 8,624 | 8,597 |
| Cost of advertising revenue | 7,935 | 262 |
| Cost of other revenue | 1,497 | 1,075 |
| Total cost of revenue | 32,560 | 20,075 |
| Gross profit | 110,563 | 83,549 |
| Operating expenses: | ||
| Research and development | 39,272 | 30,403 |
| Sales and marketing | 57,024 | 35,308 |
| General and administrative | 22,345 | 15,649 |
| Total operating expenses | 118,641 | 81,360 |
| Income (loss) from operations | (8,078) | 2,189 |
| Other income (expense): | ||
| Loss on change in fair value of investment | (3,850) | — |
| Interest income | 3,816 | 1,784 |
| Other income (expense), net | (793) | 191 |
| Total other income (expense), net | (827) | 1,975 |
| Income (loss) before income taxes | (8,905) | 4,164 |
| Benefit from income taxes | (11,684) | (214) |
| Net income | $2,779 | $4,378 |
| Net income per share, basic (Note 15) | $0.03 | $0.06 |
| Net income per share, diluted (Note 15) | $0.03 | $0.05 |
| Weighted-average shares used in computing net income per share, basic (Note 15) | 80,148,997 | 75,699,493 |
| Weighted-average shares used in computing net income per share, diluted (Note 15) | 85,677,079 | 83,445,337 |
| Comprehensive income | ||
| Net income | $2,779 | $4,378 |
| Change in foreign currency translation adjustment | (30) | 1 |
| Unrealized gain on short-term investments, net of tax | 57 | — |
| Total comprehensive income | $2,806 | $4,379 |
(1)Includes related party revenue of $224 and $292 for the three months ended March 31, 2026, and 2025, respectively.
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