Life360, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $489.5M | $371.5M | $304.5M | $228.3M | $112.6M | $80.7M |
| Cost of Revenue | $108.6M | $92.3M | $81.9M | $79.7M | $22.8M | $15.4M |
| Gross Profit | $380.8M | $279.2M | $222.6M | $148.6M | $89.9M | $65.3M |
| Gross Margin | 77.8% | 75.1% | 73.1% | 65.1% | 79.8% | 80.9% |
| Operating Expenses | ||||||
| Research & Development | $128.4M | $113.1M | $101.0M | $102.5M | $51.0M | $39.6M |
| SG&A Expense | $78.6M | $60.7M | $52.6M | $48.1M | $23.7M | $12.1M |
| Operating Income | $18.8M | $-8.0M | $-30.0M | $-94.4M | $-32.3M | $-16.7M |
| Operating Margin | 3.8% | -2.1% | -9.8% | -41.4% | -28.6% | -20.6% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $32.7M | $-4.6M | $-27.6M | $-91.3M | $-33.7M | $-16.3M |
| Income Tax Expense | $-118.2M | $-71.0K | $616.0K | $312.0K | $-127.0K | $0 |
| Net Income | $150.8M | $-4.6M | $-28.2M | $-91.6M | $-33.6M | $-16.3M |
| Net Margin | 30.8% | -1.2% | -9.3% | -40.1% | -29.8% | -20.3% |
| EPS (Basic) | $1.95 | $-0.06 | $-0.42 | $-1.47 | $-0.65 | $-0.33 |
| EPS (Diluted) | $1.77 | $-0.06 | $-0.42 | $-1.50 | $-0.65 | $-0.33 |
| Shares Outstanding (Basic) | 77.3M | 72.1M | 66.7M | 62.2M | 51.7M | 49.3M |
| Shares Outstanding (Diluted) | 85.2M | 72.1M | 66.7M | 62.8M | 51.7M | 49.3M |
| Dividends Per Share | — | — | — | — | — | — |