Life360, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total revenue $80.7m $112.6m $228.3m $304.5m $371.5m $489.5m
Total cost of revenue $15.4m $22.8m $79.7m $81.9m $92.3m $108.6m
Gross profit $65.3m $89.9m $148.6m $222.6m $279.2m $380.8m
Research and development $39.6m $51.0m $102.5m $101.0m $113.1m $128.4m
Total operating expenses $81.9m $122.1m $243.0m $252.6m $287.1m $362.0m
Sales and marketing $30.2m $47.5m $92.4m $99.1m $113.3m $155.0m
General and administrative $12.1m $23.7m $48.1m $52.6m $60.7m $78.6m
Income (loss) from operations ($16.7m) ($32.3m) ($94.4m) ($30.0m) ($8.0m) $18.8m
Convertible notes fair value adjustment $0 ($511k) $1.8m ($684k) ($608k) $0
Derivative liability fair value adjustment $0 ($733k) $1.3m ($116k) ($1.7m) $0
Loss on settlement of convertible notes $0 $0 ($440k) $0
Gain on settlement of derivative liability $0 $0 $1.9m $0
Gain on change in fair value of investments $0 $0 $5.4m $609k
Interest income $3.1m $6.0m $13.7m
Income (loss) before income taxes ($16.3m) ($33.7m) ($91.3m) ($27.6m) ($4.6m) $32.7m
Provision for (benefit from) income taxes $0 ($127k) $312k $616k ($71k) ($118.2m)
Change in foreign currency translation adjustment $0 $0 ($6k) $15k $35k $4k
Total comprehensive income (loss) ($16.3m) ($33.6m) ($91.6m) ($28.2m) ($4.5m) $150.8m
Net income (loss) ($16.3m) ($33.6m) ($91.6m) ($28.2m) ($4.6m) $150.8m
Net income (loss) per share, basic (in usd per share) ($0) ($1) ($1) ($0) ($0) $2
Net income (loss) per share, diluted (in usd per share) ($0) ($1) ($2) ($0) ($0) $2
Weighted-average shares used in computing net income (loss) per share, basic (in shares) ($0) ($1) ($1) ($0) ($0) $2
Weighted-average shares used in computing net income (loss) per share, diluted (in shares) ($0) ($1) ($1) ($0) ($0) $2
Other income (expense), net $317k ($178k) $13k $3.2m ($1.2m) ($481k)
Total other income (expense), net $317k ($1.4m) $3.1m $2.4m $3.4m $13.8m