Owlet Inc. (OWLT) Releases Q1 2026 Earnings: Revenue Beats but EPS Miss

Owlet Inc. (OWLT) reported first-quarter 2026 results with revenue of $22.5 million, gross profit of $12.2 million, and an operating loss of $5.5 million.

Revenue: $22.5 million (+6.61% year-over-year)

Gross profit: $12.2 million (+7.72% year-over-year)

Cost of sales: $10.2 million (+4.32% year-over-year)

Operating loss: $5.5 million (improved +105.92% year-over-year)

Net loss attributable to common shareholders: $4.1 million (deteriorated 334.55% year-over-year)

Diluted loss per share was $0.25, compared with the consensus estimate of $0.19 per share.

Revenue beat the estimate of $21.26 million by about $1.24 million (roughly 5.8%).

Diluted loss per share of $0.25 missed the estimate by about $0.06 per share.

Cash flow and balance-sheet highlights: operating activities used $5.05 million of cash, capital spending was $15,000, cash and cash equivalents stood at $35.5 million, and total liabilities were $50.9 million.

Cash from operating activities: negative $5.05 million (-14.78% year-over-year)

Purchases of property, plant and equipment: $15,000 (up 275.0% year-over-year)

Cash and cash equivalents: $35.5 million (+117.66% year-over-year)

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Owlet Inc. Insider Trading Activity

Owlet Inc. insiders have traded $OWLT stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.

Here’s a breakdown of recent trading of $OWLT stock by insiders over the last 6 months:

JONATHAN HARRIS has made 0 purchases and 4 sales selling 21,950 shares for an estimated $250,187.
AMANDA CRAWFORD (Chief Financial Officer) has made 0 purchases and 2 sales selling 7,075 shares for an estimated $81,697.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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Owlet Inc. Hedge Fund Activity

We have seen 59 institutional investors add shares of Owlet Inc. stock to their portfolio, and 13 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AWM INVESTMENT COMPANY, INC. added 1,748,251 shares (+inf%) to their portfolio in Q4 2025, for an estimated $28,304,183
VANGUARD GROUP INC added 462,125 shares (+118.5%) to their portfolio in Q4 2025, for an estimated $7,481,803
CANNELL CAPITAL LLC added 431,622 shares (+inf%) to their portfolio in Q4 2025, for an estimated $6,987,960
PORTOLAN CAPITAL MANAGEMENT, LLC added 343,543 shares (+inf%) to their portfolio in Q4 2025, for an estimated $5,561,961
AMERIPRISE FINANCIAL INC added 317,688 shares (+inf%) to their portfolio in Q4 2025, for an estimated $5,143,368
CORSAIR CAPITAL MANAGEMENT, L.P. removed 258,960 shares (-71.3%) from their portfolio in Q4 2025, for an estimated $4,192,562
RUSSELL INVESTMENTS GROUP, LTD. removed 226,192 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,162,626

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Owlet Inc. Analyst Ratings

Wall Street analysts have issued reports on $OWLT in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Northland Capital Markets issued a "Outperform" rating on 12/30/2025
William Blair issued a "Outperform" rating on 12/09/2025

To track analyst ratings and price targets for Owlet Inc., check out Quiver Quantitative's $OWLT forecast page.