Owlet (OWLT) Cost of Revenue (2020 - 2026)
Owlet's (OWLT) quarterly Cost of Revenue came in at $10.2 million in Q1 2026, up 4.49% year-on-year from $9.8 million in Q1 2025, and down 26.63% on a QoQ basis from $13.9 million in Q4 2025.
Owlet (OWLT) Cost of Revenue (2020 - 2026) Analysis & Trends
Owlet (OWLT) has 7 years of Cost of Revenue data on file, last reported at $10.2 million in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 4.49% year-over-year to $10.2 million in Q1 2026; TTM through Mar 2026 was $52.6 million, a 30.48% increase from a year earlier, with the FY2025 full-year figure at $52.2 million, up 34.65% from the prior year.
- Cost of Revenue for Q1 2026 stood at $10.2 million, down from $13.9 million in the prior quarter.
- Over the last five years, Cost of Revenue for OWLT reached as high as $15.8 million in Q3 2025 and fell as low as $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.
- Across the five-year window, Cost of Revenue soared 145.87% in 2022 and sank 54.08% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $8.6 million in 2022, then grew by 28.92% to $11.1 million in 2023, then decreased by 14.46% to $9.5 million in 2024, then surged by 46.25% to $13.9 million in 2025, then decreased by 26.63% to $10.2 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $10.2 million in Q1 2026, $13.9 million in Q4 2025, and $15.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.32 Bn | 175.02 Bn | 6.27 Bn | 4.89 Bn |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | 2.21 Bn |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | 3.40 Bn |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | 12.00 Mn |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | 362.60 Mn |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | 441.60 Mn |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | 481.00 Mn |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | - |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 2.51 Bn |
| 10 | Owlet | 143.93 Mn | 102.92 Mn | 12.24 Mn | 10.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 11.13 Mn |
| Dec 31, 2023 | 11.13 Mn |