Owlet (OWLT) Operating Expenses (2020 - 2026)
Owlet's (OWLT) quarterly Operating Expenses came in at $20.1 million in Q2 2026, up 33.33% year-over-year from $15.1 million in Q2 2025, and up 13.84% quarter-over-quarter from $17.6 million in Q1 2026.
Analysis
Owlet (OWLT) Operating Expenses (2020 - 2026) Analysis & Trends
Owlet (OWLT) has reported Operating Expenses for 7 consecutive years, with $20.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 33.33% year-over-year to $20.1 million in Q2 2026; TTM through Jun 2026 was $70.1 million, a 10.26% increase from a year earlier, with the FY2025 full-year figure at $61.4 million, up 3.41% from the prior year.
- Operating Expenses was $20.1 million for Q2 2026 at Owlet, up from $17.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $30.5 million in Q1 2022 and troughed at $11.2 million in Q3 2023.
- A 5-year average of $17.6 million and a median of $15.7 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 96.07% in 2022 and slumped 57.6% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $24.1 million in 2022, then sank by 46.16% to $13.0 million in 2023, then surged by 40.62% to $18.2 million in 2024, then decreased by 4.15% to $17.5 million in 2025, then rose by 15.02% to $20.1 million in 2026.
- The last three Operating Expenses figures came in at $20.1 million (Q2 2026), $17.6 million (Q1 2026), and $17.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sonos | 1.72 Bn | 1.46 Bn | 189.31 Mn | 157.78 Mn |
| 2 | Corsair Gaming | 1.32 Bn | 1.13 Bn | 104.29 Mn | 96.68 Mn |
| 3 | Cricut | 1.14 Bn | 857.99 Mn | 116.41 Mn | 68.99 Mn |
| 4 | Turtle Beach | 234.31 Mn | 214.74 Mn | 21.86 Mn | 24.91 Mn |
| 5 | GoPro | 224.11 Mn | 196.85 Mn | 31.66 Mn | 70.65 Mn |
| 6 | Owlet | 140.67 Mn | 104.12 Mn | 21.82 Mn | 20.08 Mn |
| 7 | AMC Robotics | 87.69 Mn | 83.15 Mn | 750,607.00 | 907,107.00 |
| 8 | Ispire Technology | 79.64 Mn | 60.41 Mn | 1.99 Mn | 11.47 Mn |
| 9 | Axil Brands | 41.15 Mn | 36.68 Mn | 6.22 Mn | 4.72 Mn |
| 10 | Koss | 33.12 Mn | 13.30 Mn | 1.99 Mn | 1.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.08 Mn |
| Mar 31, 2026 | 17.64 Mn |
| Dec 31, 2025 | 17.46 Mn |
| Sep 30, 2025 | 14.93 Mn |
| Jun 30, 2025 | 15.06 Mn |
| Mar 31, 2025 | 13.95 Mn |
| Dec 31, 2024 | 18.22 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 |