Life360 (LIF) financial statements
Life360 reported revenue of $489M in fiscal 2025, up 43.4% a year over 5 years.
Net income was $151M and the operating margin 3.8%, against -20.6% in 2020.
Free cash flow was $81M.
The diluted share count rose 73% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Life360's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $81M | $113M | $228M | $305M | $371M | $489M |
| Cost of revenue | $15M | $23M | $80M | $82M | $92M | $109M |
| Gross profit | $65M | $90M | $149M | $223M | $279M | $381M |
| Research and development | $40M | $51M | $102M | $101M | $113M | $128M |
| Selling, general and admin | $42M | $71M | $141M | $152M | $174M | $234M |
| Operating income | -$17M | -$32M | -$94M | -$30M | -$8M | $19M |
| Pre-tax income | -$16M | -$34M | -$91M | -$28M | -$5M | $33M |
| Income tax | $0 | -$127,000 | $312,000 | $616,000 | -$71,000 | -$118M |
| Net income | -$16M | -$34M | -$92M | -$28M | -$5M | $151M |
| EPS (diluted) | -$0.33 | -$0.65 | -$1.50 | -$0.42 | -$0.06 | $1.77 |
| Diluted shares | 49M | 52M | 63M | 67M | 72M | 85M |
| Gross margin | 80.9% | 79.8% | 65.1% | 73.1% | 75.1% | 77.8% |
| Operating margin | -20.6% | -28.6% | -41.4% | -9.8% | -2.1% | 3.8% |
| Net margin | -20.3% | -29.8% | -40.1% | -9.3% | -1.2% | 30.8% |
Balance sheet
Fiscal years, from Life360's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Cash and short-term investments | $56M | $231M | $75M | $69M | $159M | $494M |
| Receivables | — | $12M | $33M | $42M | $58M | $81M |
| Inventory | — | $2M | $11M | $4M | $8M | $10M |
| Total current assets | — | $257M | $143M | $131M | $241M | $606M |
| Property, plant and equipment | — | $580,000 | $393,000 | $730,000 | $2M | $3M |
| Goodwill | — | $31M | $134M | $134M | $134M | $135M |
| Total assets | — | $302M | $340M | $322M | $442M | $960M |
| Total current liabilities | — | $41M | $88M | $71M | $77M | $97M |
| Total liabilities | — | $52M | $95M | $75M | $83M | $412M |
| Shareholders' equity | $64M | $250M | $245M | $247M | $359M | $548M |
| Net debt | -$56M | -$231M | -$75M | -$69M | -$159M | -$494M |
Cash flow
Fiscal years, from Life360's 10-K filings with the SEC.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$7M | -$12M | -$57M | $8M | $33M | $89M |
| Capital spending | $653,000 | $81,000 | $701,000 | $2M | $5M | $8M |
| Free cash flow | -$8M | -$12M | -$58M | $5M | $27M | $81M |
| Stock-based compensation | $8M | $12M | $35M | $39M | $42M | $55M |
| Net borrowing | $3M | $0 | $0 | — | — | — |
| Free cash flow margin | -9.8% | -10.9% | -25.3% | 1.7% | 7.4% | 16.6% |
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Open LIF in InvestinglyQuestions
What was Life360's revenue in 2025?
$489M in fiscal 2025, from its 10-K filing.
How much free cash flow does Life360 generate?
$81M in fiscal 2025 (operating cash flow minus capital spending).
From Life360's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.