Owlet (OWLT) Gross Margin (2020 - 2026)
Owlet's (OWLT) quarterly Gross Margin came in at 54.5% in Q1 2026, up 83.0% year-on-year from 29.78% in Q1 2025, and up 14.61% on a QoQ basis from 47.55% in Q4 2025.
Owlet (OWLT) Gross Margin (2020 - 2026) Analysis & Trends
Owlet (OWLT) has 7 years of Gross Margin data on file, last reported at 54.5% in Q1 2026.
- On a quarterly basis, Gross Margin rose 83.0% year-over-year to 54.5% in Q1 2026; TTM through Mar 2026 was 50.86%, a 137.0% decrease from a year earlier, with the FY2025 full-year figure at 50.64%, up 28.0% from the prior year.
- Gross Margin for Q1 2026 stood at 54.5%, up from 47.55% in the prior quarter.
- Over the last five years, Gross Margin for OWLT reached as high as 54.5% in Q1 2026 and fell as low as 26.57% in Q3 2022.
- Historically, Gross Margin has averaged 44.14% across 5 years, with a median of 47.0% in 2023.
- Across the five-year window, Gross Margin slumped 21203 bps in 2022 and soared 1922 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 27.78% in 2022, then surged by 69 bps to 47.0% in 2023, then increased by 14 bps to 53.52% in 2024, then slipped by 11 bps to 47.55% in 2025, then increased by 15 bps to 54.5% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 54.5% in Q1 2026, 47.55% in Q4 2025, and 50.64% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.95% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 45.22% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 38.53% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Owlet | 147.80 Mn | 106.79 Mn | 12.24 Mn | 54.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.50% |
| Dec 31, 2025 | 47.55% |
| Sep 30, 2025 | 50.64% |
| Jun 30, 2025 | 51.34% |
| Mar 31, 2025 | 53.67% |
| Dec 31, 2024 | 53.52% |
| Sep 30, 2024 | 52.19% |
| Jun 30, 2024 | 49.53% |
| Mar 31, 2024 | 44.39% |
| Dec 31, 2023 | 47.00% |
| Sep 30, 2023 | 36.26% |
| Jun 30, 2023 | 39.98% |
| Mar 31, 2023 | 38.68% |
| Dec 31, 2022 | 27.78% |
| Sep 30, 2022 | 26.57% |
| Jun 30, 2022 | 36.09% |
| Mar 31, 2022 | 40.65% |
| Dec 31, 2021 | 239.81% |
| Sep 30, 2021 | 47.23% |
| Jun 30, 2021 | 54.21% |