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Life360 Inc (ASX:360)

ALERT: Price-sensitive ASX Announcement for 360
Current share price for 360 : $21.710 -7.77 (-26.36%)+
Announcement
Release
11 Aug 2026 7:32AM
Price at Release
$29.480
Full Release
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Summary
Life360 Inc. reported record results for Q2 2026, highlighting a 27% year-over-year growth in global Paying Circles, which reached approximately 3.2 million. The company's total subscription revenue increased by 31% to $115.6 million, with a 5% rise in Average Revenue Per Paying Circle (ARPPC). Total revenue for the quarter was $159 million, a 38% increase from the previous year, driven by strong subscription growth and a 315% surge in advertising revenue following the acquisition of Nativo. Despite a decrease of 18% in the net hardware units shipped, due to a strategic exit from brick-and-mortar retail channels, the company saw a significant increase in operating cash flow by 79% to $23.8 million. The quarter ended with $467.7 million in cash, cash equivalents, restricted cash, and short-term investments. Life360 continues to anticipate growth in the back half of 2026, emphasizing investments in strategic initiatives such as international expansion, advertising platform scaling, and product innovation.
Key Points
  • Global Paying Circles increased 27% YoY, totaling 3.2 million.
  • Total subscription revenue rose 31% YoY to $115.6 million.
  • Total revenue reached $159 million, up 38% YoY.
  • Advertising revenue increased 315% YoY.
  • Net hardware units shipped decreased 18% YoY.
  • Positive operating cash flow of $23.8 million, up 79% YoY.
  • Quarter-end cash holdings totaled $467.7 million.
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.