OWLTNYSEMeasuring & Controlling Devices, NECFiscal year ends December 31
Owlet, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$4.16+0.05 (+1.22%)
Close on Oct 19, 2026
- Market cap
- $118.62M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
50.9%+3.3 pts over 5 years
Operating margin
-7.0%+2.3 pts over 5 years
Net margin
-36.6%−22.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +37.1% | +15.3% | +7.1% | – | |
| Gross profit | +39.6% | +32.3% | +8.5% | – |
Returns and balance sheet
7 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 16.6% | 685.1% | |
| Return on assets | – | – | -57.5% | |
| Current ratio | – | 0.80 | 1.85 | |
| Debt to equity | – | -0.18 | 0.68 | |
| Net debt to EBITDA | – | 0.79× | 3.25× | |
| Interest coverage | – | -5.1× | -9.2× | |
| Inventory turnover | – | – | 4.0× | |
| Capex to revenue | – | 1.3% | 0.3% | |
| Diluted shares | – | 2M | 18M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Owlet generated $167.46M from operations and spent $1.93M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$167.46M
Used
$1.93M
Capital expenditure$1.93M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-36.6%
×Asset turnover1.57×
×Equity multiplier-11.92×
=Return on equity, FY2025685.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -36.6% | 1.57× | -11.92× | 685.1% |
| FY2024 | -16.4% | 1.65× | -1.37× | 37.3% |
| FY2023 | -60.9% | 1.06× | -2.11× | 136.0% |
| FY2022 | -114.6% | 0.70× | 4.45× | -356.1% |
| FY2021 | -94.5% | 0.84× | -14.06× | 1118.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$38.83M
- Cash generatingOperating cash flow above zero-$10.79M
- Return on assets improvedROA up on the prior year-28.8% → -78.5%
- Earnings backed by cashOperating cash flow above net income-$10.79M vs -$38.83M
- Less leverageLong-term debt to assets fell8.8% → 2.9%
- Better liquidityCurrent ratio rose1.24 → 1.85
- No dilutionShare count did not rise11M → 18M
- Gross margin improvedGross margin up on the prior year49.94% → 50.85%
- More efficientAsset turnover rose1.75 → 2.15