Loading financials from SEC filings…
IT services · Technology · Fiscal year ends Dec 31
Life360 reported revenue of $489M in the fiscal year ended Dec 2025, up 31.8% from the year before. Operating income was $19M, an operating margin of 3.8%, and net income was $151M. Operating cash flow of $89M less capital expenditure of $2M left free cash flow of $87M.
Ranks among the 36 it services companies we cover (1st = best; for debt, the least indebted). Green = top third, red = bottom third.
Last 5 fiscal years
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 113 | 228 | 305 | 371 | 489 |
| Cost of revenue | 22.8 | 79.7 | 81.9 | 92.3 | 109 |
| Gross profit | 89.9 | 149 | 223 | 279 | 381 |
| Research & development | 51.0 | 102 | 101 | 113 | 128 |
| Selling, general & admin | 71.1 | 141 | 152 | 174 | 234 |
| Operating income | −32.3 | −94.4 | −30.0 | −8.0 | 18.8 |
| Net interest incomeBanks | −0.2 | −0.5 | – | – | – |
| Pre-tax income | −33.7 | −91.3 | −27.6 | −4.6 | 32.7 |
| Income tax | −0.1 | 0.3 | 0.6 | −0.1 | −118 |
| Net income | −33.6 | −91.6 | −28.2 | −4.6 | 151 |
| Diluted EPS | −0.65 | −1.50 | −0.42 | −0.06 | 1.77 |
| Diluted shares | 51.7 | 62.8 | 66.7 | 72.1 | 85.2 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | 231 | 75.4 | 69.0 | 159 | 494 |
| Receivables | 11.8 | 33.1 | 42.2 | 58.0 | 80.7 |
| Inventory | 2.0 | 10.8 | 4.1 | 8.1 | 9.9 |
| Current assets | 257 | 143 | 131 | 241 | 606 |
| Net PP&E | 0.6 | 0.4 | 0.7 | 1.8 | 3.0 |
| Goodwill | 31.1 | 134 | 134 | 134 | 135 |
| Total assets | 302 | 340 | 322 | 442 | 960 |
| Payables | 3.2 | 13.8 | 5.9 | 5.5 | 8.4 |
| Deferred revenue | 13.9 | 30.1 | 33.9 | 39.9 | 46.4 |
| Current liabilities | 41.4 | 87.6 | 70.8 | 77.3 | 96.8 |
| Long-term debt | – | 7.6 | 4.5 | – | – |
| Total liabilities | 52.3 | 95.1 | 74.7 | 83.0 | 412 |
| Shareholders' equity | 250 | 245 | 247 | 359 | 548 |
| Backlog (remaining obligations) | – | 32.8 | 67.9 | 214 | 207 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | −12.2 | −57.1 | 7.5 | 32.6 | 88.6 |
| Capital expenditure | 0.1 | 0.0 | 0.5 | 1.2 | 1.8 |
| Free cash flow | −12.2 | −57.1 | 7.0 | 31.4 | 86.8 |
| Depreciation & amortisation | 0.9 | 9.2 | 9.1 | 9.8 | 13.3 |
| Stock-based compensation | 11.8 | 34.7 | 38.5 | 42.3 | 55.5 |
| Acquisitions | 3.0 | 111 | 0.0 | 0.0 | 2.8 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 102.7% | 33.4% | 22.0% | 31.8% |
| Gross margin | 79.8% | 65.1% | 73.1% | 75.1% | 77.8% |
| Operating margin | −28.6% | −41.4% | −9.8% | −2.1% | 3.8% |
| Net margin | −29.8% | −40.1% | −9.3% | −1.2% | 30.8% |
| Return on equityBlank when equity is negative | −13.4% | −37.5% | −11.4% | −1.3% | 27.5% |
| ROCEEBIT ÷ (assets − current liabilities) | −12.4% | −37.5% | −12.0% | −2.2% | 2.2% |
| Free cash flow margin | −10.9% | −25.0% | 2.3% | 8.5% | 17.7% |
| Cash conversion (CFO ÷ net income) | 0.36x | 0.62x | −0.27x | −7.16x | 0.59x |
| Receivable days | 38 | 53 | 51 | 57 | 60 |
| Inventory days | 32 | 50 | 18 | 32 | 33 |
| Payable days | 52 | 63 | 26 | 22 | 28 |
| Debt ÷ equity | – | 0.03x | 0.02x | – | – |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | – | −67.9 | −64.5 | – | – |
| Current ratio | 6.19x | 1.63x | 1.86x | 3.12x | 6.26x |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.