Owlet (OWLT) Operating Expenses (2020 - 2026)

Owlet's (OWLT) quarterly Operating Expenses came in at $17.7 million in Q1 2026, up 26.68% year-on-year from $14.0 million in Q1 2025, and up 1.24% on a QoQ basis from $17.5 million in Q4 2025.

Owlet (OWLT) Operating Expenses (2020 - 2026) Analysis & Trends

Owlet (OWLT) has 7 years of Operating Expenses data on file, last reported at $17.7 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 26.68% year-over-year to $17.7 million in Q1 2026; TTM through Mar 2026 was $65.5 million, a 7.02% increase from a year earlier, with the FY2025 full-year figure at $61.8 million, up 3.81% from the prior year.
  • Operating Expenses for Q1 2026 stood at $17.7 million, up from $17.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for OWLT reached as high as $30.5 million in Q1 2022 and fell as low as $11.2 million in Q3 2023.
  • Historically, Operating Expenses has averaged $17.5 million across 5 years, with a median of $15.3 million in 2025.
  • Across the five-year window, Operating Expenses soared 96.07% in 2022 and tumbled 57.6% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $24.1 million in 2022, then sank by 46.16% to $13.0 million in 2023, then surged by 41.82% to $18.4 million in 2024, then decreased by 4.66% to $17.5 million in 2025, then grew by 1.24% to $17.7 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $17.7 million in Q1 2026, $17.5 million in Q4 2025, and $15.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.82 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 2.87 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 3.59 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.51 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 785.50 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 495.00 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -668.50 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 1.46 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -47.00 Mn
10 Owlet 147.80 Mn 106.79 Mn 12.24 Mn 17.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 17.73 Mn
Dec 31, 2025 17.51 Mn
Sep 30, 2025 14.98 Mn
Jun 30, 2025 15.30 Mn
Mar 31, 2025 14.00 Mn
Dec 31, 2024 18.37 Mn
Sep 30, 2024 16.37 Mn
Jun 30, 2024 12.50 Mn
Mar 31, 2024 12.29 Mn
Dec 31, 2023 12.95 Mn
Sep 30, 2023 11.21 Mn
Jun 30, 2023 11.95 Mn
Mar 31, 2023 15.11 Mn
Dec 31, 2022 24.06 Mn
Sep 30, 2022 26.43 Mn
Jun 30, 2022 26.99 Mn
Mar 31, 2022 30.45 Mn
Dec 31, 2021 27.31 Mn
Sep 30, 2021 28.64 Mn
Jun 30, 2021 19.37 Mn