Owlet (OWLT) Cost of Revenue (2020 - 2026)
Owlet (OWLT) posted quarterly Cost of Revenue of $10.2 million for Q1 2026, up 4.49% year-over-year from $9.8 million in Q1 2025, and down 26.63% quarter-over-quarter from $13.9 million in Q4 2025.
Owlet (OWLT) Cost of Revenue (2020 - 2026) Analysis & Trends
Owlet (OWLT) has reported Cost of Revenue for 7 consecutive years, with $10.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 4.49% year-over-year to $10.2 million; the TTM figure through Mar 2026 stood at $52.6 million (up 30.48% YoY), while the FY2025 annual figure was $52.2 million, up 34.65% from the prior year.
- Cost of Revenue retreated to $10.2 million in Q1 2026 per OWLT's latest filing, from $13.9 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $15.8 million in Q3 2025 and bottomed at $5.9 million in Q3 2023.
- Historically, Cost of Revenue has averaged $10.5 million across 5 years, with a median of $10.4 million in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 145.87% — and 2023, when it tumbled 54.08%.
- Owlet's Cost of Revenue stood at $8.6 million in 2022, then advanced by 28.92% to $11.1 million in 2023, then fell by 14.46% to $9.5 million in 2024, then soared by 46.25% to $13.9 million in 2025, then fell by 26.63% to $10.2 million in 2026.
- Business Quant data shows OWLT's Cost of Revenue at $10.2 million in Q1 2026, $13.9 million in Q4 2025, and $15.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 5.33 Bn |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 2.09 Bn |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 1.59 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 392.40 Mn |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 478.40 Mn |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 2.25 Bn |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | 2.57 Bn |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 808.60 Mn |
| 10 | Owlet | 164.96 Mn | 128.41 Mn | 21.82 Mn | 12.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.04 Mn |
| Jun 30, 2026 | 12.04 Mn |
| Mar 31, 2026 | 10.22 Mn |
| Mar 31, 2026 | 10.22 Mn |
| Dec 31, 2025 | 13.93 Mn |
| Dec 31, 2025 | 13.93 Mn |
| Sep 30, 2025 | 15.79 Mn |
| Sep 30, 2025 | 15.79 Mn |
| Jun 30, 2025 | 12.68 Mn |
| Jun 30, 2025 | 12.68 Mn |
| Mar 31, 2025 | 9.78 Mn |
| Mar 31, 2025 | 9.78 Mn |
| Dec 31, 2024 | 9.52 Mn |
| Dec 31, 2024 | 9.52 Mn |
| Sep 30, 2024 | 10.58 Mn |
| Sep 30, 2024 | 10.58 Mn |
| Jun 30, 2024 | 10.45 Mn |
| Jun 30, 2024 | 10.45 Mn |
| Mar 31, 2024 | 8.20 Mn |
| Mar 31, 2024 | 8.20 Mn |