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
DateValue
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%