Life360 (360) Q4 2025 earnings summary

Executive summary

• Achieved record FY2025 results with revenue of $489.5 million, up 32% year-over-year, and first-ever annual net income of $150.8 million, or $32.5 million excluding a one-time non-cash tax benefit.

• Adjusted EBITDA more than doubled to $93.2 million (19% margin), with 95.8 million MAU (+20% YoY) and 2.8 million Paying Circles (+26% YoY).

• Significant platform investments included Pet GPS launch, Nativo and Fantix acquisitions, and 95%+ AI adoption, positioning for future growth.

• Expanded international presence and launched new B2B partnerships with Hubble, Aura, Uber, and AccuWeather.

• Advertising revenue is expected to rival subscriptions, creating a multi-engine, high-margin business.

Financial highlights

• Q4 2025 revenue rose 26% YoY to $146 million; subscription revenue up 30% YoY to $102.5 million.

• Subscription revenue grew 33% YoY to $369.3 million; other revenue (including advertising) increased 90% YoY to $68.4 million.

• Q4 Adjusted EBITDA increased 53% YoY to $32.4 million (22% margin); full-year Adjusted EBITDA reached $93.2 million (19% margin).

• Full-year net income was $150.8 million, including a $118.4 million one-time tax benefit; ended 2025 with $495.8 million in cash and equivalents, up from $160.5 million in 2024.

• Operating cash flow for 2025 was $88.6 million, up 172% YoY.

Outlook and guidance

• FY2026 guidance: 20% MAU growth, revenue of $640–$680 million, subscription revenue of $460–$470 million, other revenue of $140–$160 million, hardware revenue of $40–$50 million.

• Adjusted EBITDA expected at $128–$138 million (~20% margin), with margin expansion targeted toward 35%+ over multiple years.

• Revenue and margin growth expected to be back-half weighted due to seasonality and integration of Nativo.