Owlet, Inc. (OWLT) Form 8-K — Aug 11, 2026

$OWLTForm 8-KItems 2.02, 9.01Filed Aug 11, 2026, 4:16 PM ET0001816708-26-000082Original filing

Owlet reported record second quarter 2026 revenue of $33.9 million, up 29.9% from $26.1 million a year earlier, with subscription revenue up $2.4 million to $3.2 million. The company swung to $1.7 million in operating income and narrowed its net loss to $0.6 million from $37.4 million in Q2 2025. Adjusted EBITDA was $6.7 million, or $2.9 million excluding a one-time $3.75 million tariff refund, versus $0.5 million in Q2 2025. Owlet raised full-year 2026 gross margin guidance to 53-55% and adjusted EBITDA guidance to $10.75-12.75 million, while keeping revenue guidance unchanged at $118-122 million.

Key figures

Eps: -$0.05 net loss per share vs -$2.35 in Q2 2025
Revenue: $33.9 million (Q2 2026)
Guidance: FY2026 revenue $118-122 million (unchanged); gross margin 53-55% (raised from 50-52%); Adjusted EBITDA $10.75-12.75 million (raised from $7-9 million)
Net Income: -$0.6 million net loss vs -$37.4 million net loss in Q2 2025
Total Debt: $17.1 million line of credit (vs $6.9 million at Dec 31, 2025)
Revenue Yoy: +29.9% vs $26.1 million in Q2 2025
Total Assets: $93.6 million at June 30, 2026
Cash Position: $30.9 million at June 30, 2026 (vs $35.5 million at Dec 31, 2025)
Adjusted Eps: $0.20 vs adjusted net loss per share of $(0.04) in Q2 2025
Tariff Refund: $3.5 million COGS impact / $3.75 million EBITDA impact from one-time IEEPA tariff refund
Adjusted Ebitda: $6.7 million including $3.75 million tariff refund; $2.9 million excluding, vs $0.5 million in Q2 2025
Gross Margin GAAP: 64.4%
Operating Income: $1.7 million vs $(1.7) million operating loss in Q2 2025
Six Month Revenue: $56.3 million vs $47.6 million in H1 2025
Operating Expenses: $20.1 million vs $15.1 million in Q2 2025
Restructuring Costs: $0.7 million
Operating Cash Flow H1: $(5.1) million vs $(8.3) million in H1 2025
Subscription Revenue: $3.2 million, up $2.4 million from $0.9 million in Q2 2025
Subscription Gross Margin: 68.4%
Loss On Debt Extinguishment: $2.2 million
Gross Margin Ex Tariff Refund: 54.0%, up approximately 270 basis points YoY

Price after filing

1 day: -1.5%7 days: +6.4%30 days: -11.6%

Close on the filing date to close N calendar days later (from $5.50). Historical, not a forecast.

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