Owlet, Inc. balance sheet
At the end of fiscal 2025, Owlet, Inc. had total assets of $85.6m, total liabilities of $50.2m and shareholders' equity of $19.0m. It held $35.5m in cash against $20.0m of debt.
Balance sheet
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 17 | 95 | 11 | 17 | 20 | 35 | 31 |
| Receivables | 11 | 10 | 16 | 14 | 12 | 23 | 33 |
| Inventory | 8 | 18 | 19 | 6 | 11 | 15 | 16 |
| Total current assets | 38 | 136 | 51 | 40 | 46 | 82 | 88 |
| Total assets | 40 | 140 | 58 | 44 | 49 | 86 | 94 |
| Accounts payable | 16 | 28 | 30 | 14 | 11 | 12 | 12 |
| Deferred revenue (current) | 2 | 1 | 1 | 1 | 1 | 2 | 3 |
| Total current liabilities | 47 | 69 | 67 | 45 | 37 | 44 | 54 |
| Short-term debt | 2 | 9 | 10 | 15 | 7 | 11 | 17 |
| Long-term debt | 10 | 8 | 0 | 0 | 4 | 2 | 0 |
| Total debt | 22 | 17 | 15 | 24 | 18 | 20 | 34 |
| Total liabilities | 61 | 85 | 69 | 74 | 67 | 50 | 55 |
| Shareholders' equity | −68 | 55 | −11 | −38 | −30 | 19 | 23 |
| Non-controlling interests and other (assets − liabilities − equity) | 47 | — | — | 8 | 13 | 16 | 16 |
| Shares outstanding | — | — | 8m | 9m | — | — | 29m |
| 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 | 17 | 12 | 17 | 24 | 29 | 23 | 20 | 33 |
| Inventory | 11 | 11 | 12 | 11 | 15 | 15 | 18 | 16 |
| Total current assets | 52 | 46 | 48 | 61 | 72 | 82 | 82 | 88 |
| Total assets | 56 | 49 | 51 | 64 | 75 | 86 | 87 | 94 |
| Accounts payable | 12 | 11 | 13 | 13 | 18 | 12 | 12 | 12 |
| Deferred revenue (current) | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 |
| Total current liabilities | 36 | 37 | 41 | 53 | 63 | 44 | 48 | 54 |
| Short-term debt | 10 | 7 | 10 | 17 | 22 | 11 | 17 | 17 |
| Long-term debt | 5 | 4 | 4 | 3 | 3 | 2 | 2 | 0 |
| Total debt | 15 | 12 | 14 | 21 | 25 | 13 | 19 | 17 |
| Total liabilities | 66 | 67 | 64 | 108 | 113 | 50 | 51 | 55 |
| Shareholders' equity | −21 | −30 | −26 | −59 | −54 | 19 | 21 | 23 |
| Non-controlling interests and other (assets − liabilities − equity) | 12 | 13 | 14 | 15 | 16 | 16 | 15 | 16 |
| Shares outstanding | 15m | 16m | 16m | 16m | 17m | 27m | 28m | 29m |
Compare with peers
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