Life360 (360) Q2 2025 earnings summary

Executive summary

• Achieved record Q2 2025 results with revenue up 36% year-over-year to $115.4 million and net income of $7.0 million, driven by strong growth in monthly active users and paying circles, with international expansion contributing significantly.

• Monthly active users reached 88.0 million (+25% YoY), and paying circles hit 2.5 million (+25% YoY), with robust engagement and international traction.

• Leadership transition completed: Lauren Antonoff appointed CEO, Chris Hulls moving to Executive Chairman, ensuring continuity and strategic alignment.

• Raised full-year guidance for both revenue and Adjusted EBITDA based on strong year-to-date performance.

• The company is executing on its vision to become the leading Family Super App, expanding its ecosystem and deepening user engagement.

Financial highlights

• Q2 2025 total revenue: $115.4 million (+36% YoY); subscription revenue: $88.6 million (+35% YoY); hardware revenue: $12.3 million (+3% YoY); other revenue: $14.5 million (+100% YoY).

• Net income: $7.0 million, compared to a net loss of $11.0 million in Q2'24.

• Adjusted EBITDA: $20.3 million (+85% YoY), with an 18% margin, marking the 11th consecutive positive quarter.

• Gross profit increased 42% YoY to $90.5 million, with gross margin expanding to 78% from 75% last year.

• Cash and equivalents ended at $434.2 million, up $272 million YoY, mainly from a $320 million convertible notes offering.

Outlook and guidance

• Full-year 2025 consolidated revenue guidance raised to $462–$482 million; subscription revenue expected at $363–$367 million.

• Hardware revenue guidance increased to $42–$50 million; other revenue to $57–$65 million.

• Adjusted EBITDA guidance raised to $72–$82 million, up from previous $65–$75 million.

• Q3 adjusted EBITDA margin expected to be slightly lower due to timing of growth investments.

• Sufficient liquidity to support operations and capital requirements for at least the next 12 months.