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| Date | Value |
|---|---|
| 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 |