Life360 Inc (ASX:360)

ALERT: Price-sensitive ASX Announcement for 360

Current share price for 360 : $19.210 -10.27 (-34.84%)⁺

Announcement

SEC Form 10Q

Release

11 Aug 2026 7:33AM

Price at Release

$29.480

Full Release

Summary

Life360, Inc.'s SEC Form 10Q for the period ending June 30, 2026, reports a 38% increase in total revenue compared to the previous year, driven by significant growth in subscription and advertising revenue, despite a decline in hardware revenue. The company continues to focus on expanding its market presence through increased investment in research, development, and marketing. Net income decreased to $7.84 million due to higher operating expenses. The financial report also highlights changes in income from investments and provides insights into forward-looking strategies and financial risks.

Key Points

Life360, Inc. reported a total revenue increase of 38% for the six months ended June 30, 2026, compared to the same period in 2025.
Subscription revenue grew by 31%, driven by a 27% growth in Paying Circles and an 18% increase in total subscriptions.
Hardware revenue decreased by 20% due to an 18% decline in net hardware units shipped.
Advertising revenue surged by 315%, a significant increase from the previous period.
Total gross profit increased by 36%, with operating expenses rising by 45%.
The company reported a net income of $7.84 million, a decrease from $11.38 million in 2025.
Life360 continues to invest in research and development, as well as sales and marketing, with significant increases in these areas.
Interest income saw an increase of 85%, contributing positively to other income.
There was a noted loss on the change in fair value of investments, impacting total other income.
The report includes forward-looking statements and financial risks as part of the management's discussion.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.