Life360, Inc. balance sheet
At the end of fiscal 2025, Life360, Inc. had total assets of $960m, total liabilities of $412m and shareholders' equity of $548m. It held $494m in cash against $310m of debt.
Balance sheet
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 56 | 231 | 75 | 69 | 159 | 494 | 267 |
| Receivables | — | 12 | 33 | 42 | 58 | 81 | 99 |
| Inventory | — | 2 | 11 | 4 | 8 | 10 | 15 |
| Total current assets | — | 257 | 143 | 131 | 241 | 606 | 599 |
| Goodwill | — | 31 | 134 | 134 | 134 | 135 | 174 |
| Total assets | — | 302 | 340 | 322 | 442 | 960 | 1,052 |
| Accounts payable | — | 3 | 14 | 6 | 5 | 8 | 16 |
| Deferred revenue (current) | — | 14 | 30 | 34 | 40 | 46 | 48 |
| Total current liabilities | — | 41 | 88 | 71 | 77 | 97 | 107 |
| Long-term debt | — | — | 8 | 5 | — | — | — |
| Total debt | 0 | 13 | 8 | 5 | 0 | 310 | 311 |
| Total liabilities | — | 52 | 95 | 75 | 83 | 412 | 438 |
| Shareholders' equity | 64 | 250 | 245 | 247 | 359 | 548 | 613 |
| Shares outstanding | — | 60m | 65m | 68m | 75m | 79m | 81m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 49 | 58 | 52 | 59 | 66 | 81 | 95 | 99 |
| Inventory | 14 | 8 | 10 | 10 | 14 | 10 | 15 | 15 |
| Total current assets | 235 | 241 | 250 | 521 | 557 | 606 | 590 | 599 |
| Goodwill | 134 | 134 | 135 | 135 | 135 | 135 | 174 | 174 |
| Total assets | 427 | 442 | 455 | 754 | 787 | 960 | 1,041 | 1,052 |
| Accounts payable | 19 | 5 | 5 | 3 | 9 | 8 | 22 | 16 |
| Deferred revenue (current) | 38 | 40 | 42 | 43 | 46 | 46 | 48 | 48 |
| Total current liabilities | 85 | 77 | 74 | 73 | 82 | 97 | 110 | 107 |
| Total liabilities | 88 | 83 | 79 | 387 | 396 | 412 | 443 | 438 |
| Shareholders' equity | 340 | 359 | 376 | 367 | 391 | 548 | 598 | 613 |
| Shares outstanding | 75m | 75m | 76m | 78m | 78m | 79m | 81m | 81m |
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