Owlet, Inc.

LEHI, Utah--(BUSINESS WIRE)---- $owlt #babymonitor--Owlet, Inc. ("Owlet" or the "Company") (NYSE: OWLT), the pioneer of smart infant monitoring, is creating the Baby Safety Task Force, a committee convened to raise the standard for baby safety through education, product innovation, and advocacy. Kicking off during Baby Safety Month, Owlet is initiating this new task force and calls upon other brands, organizations, and thought leaders to join this effort.“Our mission at Owlet is to help parents keep their baby safe an.

Owlet remains a buy despite flat stock performance, supported by strong Q2 results and ongoing business evolution. Q2 revenue hit a record $33.9M (up 29.9% YoY), with gross margin rebounding to 54% and subscription growth driving margin expansion. Management maintained 2026 guidance, forecasting $120M revenue (13.5% growth) and $8M EBITDA, with international and subscription segments as key growth drivers.

Owlet, Inc. offers the only FDA-approved wearable infant monitor, leveraging patents and data to build a subscription-based telehealth platform. OWLT's pivot to a recurring subscription model targets 1 million users, aiming for higher margins and revenue stability amid ongoing cash burn. Gross margin guidance was raised to 53-55%, with 2026 revenue reaffirmed at $118-$122 million, but near-term profitability remains elusive.

Owlet NYSE: OWLT reported record second-quarter revenue as growth in its connected baby-monitoring products, international markets and subscription business helped offset promotional pressure in the category.