Life360, Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 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.
Sep 30, 2026 · Filed Nov 9, 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 Cash Flows
(Dollars in U.S. $, in thousands)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows from Operating Activities: | ||
| Net income | $30,330 | $21,177 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 17,194 | 9,859 |
| Amortization of costs capitalized to obtain contracts | 1,063 | 932 |
| Amortization of operating lease right-of-use asset | 273 | 259 |
| Stock-based compensation expense, net of amounts capitalized | 59,226 | 39,985 |
| Non-cash interest expense, net | 2,163 | 727 |
| Gain on change in fair value of investments | (12,727) | (2,090) |
| Non-cash revenue from investments | (808) | (905) |
| Deferred income taxes | (10,114) | — |
| Accretion of discount on short-term investments | (2,265) | — |
| Loss on tariff refund monetization | 1,329 | — |
| Provision for credit losses | 24 | 825 |
| Changes in operating assets and liabilities, net of acquisitions: | ||
| Accounts receivable, net | 3,446 | (8,890) |
| Prepaid expenses and other assets | (2,495) | (6,314) |
| Inventory | (6,890) | (6,078) |
| Costs capitalized to obtain contracts, net | (970) | (986) |
| Accounts payable | (5,625) | 3,540 |
| Accrued expenses and other current liabilities | (9,962) | (5,830) |
| Deferred revenue | 4,960 | 5,913 |
| Other liabilities, noncurrent | — | (294) |
| Net cash provided by operating activities | 68,152 | 51,830 |
| Cash Flows from Investing Activities: | ||
| Cash paid for acquisitions, net of cash acquired | (57,114) | (2,825) |
| Internally developed software | (3,787) | (4,538) |
| Purchase of property and equipment | (220) | (1,565) |
| Purchase of short-term investments | (260,380) | — |
| Proceeds from sales and maturities of short-term investments | 131,922 | — |
| Purchase of other strategic investments | (1,000) | — |
| Convertible note investment | — | (25,000) |
| Net cash used in investing activities | (190,579) | (33,928) |
| Cash Flows from Financing Activities: | ||
| Indemnity escrow payment in connection with the acquisition of Fantix, Inc. | (675) | — |
| Proceeds from monetization of tariff refund claims | 2,256 | — |
| Remittance of tariff refund claims | (2,256) | — |
| Proceeds related to tax withholdings on restricted stock settlements and the exercise of stock options and warrants | 48,397 | 50,770 |
| Taxes paid related to net settlement of equity awards | (40,897) | (47,292) |
| Purchase of treasury stock | (44,446) | — |
| Proceeds from issuance of convertible senior notes | — | 320,000 |
| Payments of debt issuance costs | — | (10,884) |
| Purchase of capped calls | — | (33,728) |
| Net cash provided by (used in) financing activities | (37,621) | 278,866 |
| Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash | (160,048) | 296,768 |
| Cash, Cash Equivalents, and Restricted Cash at the Beginning of the Period | 495,828 | 160,459 |
|---|---|---|
| Cash, Cash Equivalents, and Restricted Cash at the End of the Period | $335,780 | $457,227 |
| Supplemental disclosure: | ||
|---|---|---|
| Cash paid during the period for taxes | $791 | $117 |
| Cash received from a related party | 5,107 | 66 |
| Cash payments included in the measurement of operating lease liabilities | 300 | 291 |
| Non-cash investing and financing activities: | ||
| Fair value of stock issued in connection with acquisitions | 28,649 | 1,000 |
| Liabilities incurred in connection with acquisitions | 16,315 | 675 |
| Property and equipment included within accrued expenses and other current liabilities | — | 227 |
| Stock-based compensation included in internally developed software | 1,138 | 904 |
| Conversion of Related Party SAFE to Related Party Investment | — | 5,000 |
| Incremental fair value of Related Party Warrant included in deferred revenue | 10,421 | — |
The following table presents the cash, cash equivalents, and restricted cash reported within the condensed consolidated statements of cash flows shown above:
| September 30,2026 | September 30,2025 | |
|---|---|---|
| Cash and cash equivalents | $333,138 | $455,733 |
| Restricted cash, current | 1,002 | — |
| Restricted cash, noncurrent | 1,640 | 1,494 |
| Total cash, cash equivalents, and restricted cash | $335,780 | $457,227 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.