Owlet (OWLT) Gross Margin (2020 - 2026)
Owlet (OWLT) posted quarterly Gross Margin of 54.5% for Q1 2026, up 83.0% year-over-year from 29.78% in Q1 2025, and up 14.61% quarter-over-quarter from 47.55% in Q4 2025.
Owlet (OWLT) Gross Margin (2020 - 2026) Analysis & Trends
Owlet (OWLT) has reported Gross Margin for 7 consecutive years, with 54.5% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 83.0% year-over-year to 54.5%; the TTM figure through Mar 2026 stood at 50.86% (down 137.0% YoY), while the FY2025 annual figure was 50.64%, up 28.0% from the prior year.
- Gross Margin climbed to 54.5% in Q1 2026 per OWLT's latest filing, from 47.55% in the prior quarter.
- Across five years, Gross Margin topped out at 54.5% in Q1 2026 and bottomed at 26.57% in Q3 2022.
- Historically, Gross Margin has averaged 44.14% across 5 years, with a median of 47.0% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 21203 bps — and 2023, when it surged 1922 bps.
- Owlet's Gross Margin stood at 27.78% in 2022, then soared by 69 bps to 47.0% in 2023, then climbed by 14 bps to 53.52% in 2024, then retreated by 11 bps to 47.55% in 2025, then climbed by 15 bps to 54.5% in 2026.
- Business Quant data shows OWLT's Gross Margin at 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 45.84% |
| 10 | Owlet | 159.40 Mn | 122.85 Mn | 21.82 Mn | 64.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.44% |
| 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% |