Life360, Inc.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
View on SEC.govAbout this filing
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.
Jun 30, 2026 · Filed Aug 10, 2026
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Condensed Consolidated Statements of Operations and Comprehensive Income
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Subscription revenue | $115,636 | $88,582 | $223,830 | $170,456 |
| Hardware revenue(1) | 9,806 | 12,266 | 14,332 | 21,173 |
| Advertising revenue | 21,966 | 5,287 | 41,627 | 9,871 |
| Other revenue(2) | 11,551 | 9,246 | 22,293 | 17,505 |
| Total revenue | 158,959 | 115,381 | 302,082 | 219,005 |
| Cost of subscription revenue | 15,260 | 13,049 | 29,764 | 23,190 |
| Cost of hardware revenue(3) | 5,561 | 10,194 | 14,185 | 18,791 |
| Cost of advertising revenue | 9,496 | 515 | 17,431 | 777 |
| Cost of other revenue | 1,740 | 1,122 | 3,237 | 2,197 |
| Total cost of revenue | 32,057 | 24,880 | 64,617 | 44,955 |
| Gross profit | 126,902 | 90,501 | 237,465 | 174,050 |
| Operating expenses: | ||||
| Research and development | 47,398 | 32,258 | 86,670 | 62,661 |
| Sales and marketing | 52,313 | 38,873 | 109,337 | 74,181 |
| General and administrative | 27,248 | 17,378 | 49,593 | 33,027 |
| Total operating expenses | 126,959 | 88,509 | 245,600 | 169,869 |
| Income (loss) from operations | (57) | 1,992 | (8,135) | 4,181 |
| Other income (expense): | ||||
| Gain (loss) on change in fair value of investments(4) | (877) | 1,269 | (4,727) | 1,269 |
| Interest income | 4,182 | 2,545 | 7,998 | 4,329 |
| Other income (expense), net | (2,164) | 808 | (2,957) | 999 |
| Total other income, net | 1,141 | 4,622 | 314 | 6,597 |
| Income (loss) before income taxes | 1,084 | 6,614 | (7,821) | 10,778 |
| Benefit from income taxes | (3,977) | (392) | (15,661) | (606) |
| Net income | $5,061 | $7,006 | $7,840 | $11,384 |
| Net income per share, basic (Note 15) | $0.06 | $0.09 | $0.10 | $0.15 |
| Net income per share, diluted (Note 15) | $0.06 | $0.08 | $0.09 | $0.14 |
| Weighted-average shares used in computing net income per share, basic (Note 15) | 81,002,338 | 76,797,385 | 80,577,105 | 76,254,119 |
| Weighted-average shares used in computing net income per share, diluted (Note 15) | 85,594,461 | 84,476,048 | 85,774,919 | 83,980,695 |
| Comprehensive income | ||||
| Net income | $5,061 | $7,006 | $7,840 | $11,384 |
| Change in foreign currency translation adjustment | (46) | (101) | (76) | (100) |
| Unrealized gain (loss) on available-for-sale securities, net of tax | (116) | — | (59) | — |
| Total comprehensive income | $4,899 | $6,905 | $7,705 | $11,284 |
(1) Includes related party hardware revenue of $94 for the three and six months ended June 30, 2026. There wasno related party hardware revenue for the three and six months ended June 30, 2025.
(2) Includes related party other revenue of $259 and $483 for the three and six months ended June 30, 2026, respectively, and $195 and $487 for the three and six months ended June 30, 2025, respectively.
(3) Includes related party cost of hardware revenue of $62 for the three and six months ended June 30, 2026. There wasno related party cost of hardware revenue for the three and six months ended June 30, 2025.
(4)Includes a related party gain ofzero for the three and six months ended June 30, 2026 and $882 for the three and six months ended June 30, 2025.
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