Owlet (OWLT) Gross Margin (2020 - 2026)
Owlet's Gross Margin came in at 64.44% for Q2 2026, up 13.10 percentage points from 51.34% a year earlier and up 9.94 percentage points from the prior quarter.
Owlet (OWLT) Gross Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Owlet reported Gross Margin of 54.75%, up 2.26 percentage points year-over-year; for FY2025, it came in at 50.85%, up 0.91 percentage points from FY2024.
- Gross Margin has increased in each of the last three years, with a five-year change of +3.27 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 49.94% in FY2024 (+8.12 pp), 41.82% in FY2023 (+8.13 pp), 33.69% in FY2022 (-12.54 pp) and 46.23% in FY2021 (-1.36 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin in data going back to Q3 2020.
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +5.00 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 19.22 percentage points), and the weakest in Q3 2022 (a drop of 20.66 percentage points).
- Business Quant data shows OWLT's Gross Margin at 54.50% (Q1 2026), 47.55% (Q4 2025) and 50.64% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.37 Bn | 23.04 Bn | 860.34 Mn | 48.73% |
| 2 | Somnigroup International | 13.07 Bn | 12.62 Bn | 817.20 Mn | 44.81% |
| 3 | Hni | 3.27 Bn | 2.84 Bn | 647.20 Mn | 43.96% |
| 4 | Newell Brands | 2.25 Bn | 1.41 Bn | 812.00 Mn | 40.72% |
| 5 | Sonos | 2.12 Bn | 1.02 Bn | 189.31 Mn | 50.45% |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | 12.57% |
| 7 | Corsair Gaming | 1.46 Bn | 1.00 Bn | 104.29 Mn | 33.18% |
| 8 | Millerknoll | 1.35 Bn | 714.71 Mn | 385.30 Mn | 41.73% |
| 9 | Arhaus | 1.34 Bn | 420.59 Mn | 172.07 Mn | 44.71% |
| 10 | Owlet | 152.14 Mn | 26.51 Mn | 21.82 Mn | 64.44% |
Historic 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 | 54.64% |
| Dec 31, 2024 | 52.00% |
| 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% |
| Sep 30, 2021 | 47.23% |
| Jun 30, 2021 | 54.21% |
Owlet Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=OWLT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "OWLT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=OWLT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();