Owlet (OWLT) Operating Expenses (2020 - 2026)
Owlet (OWLT) posted quarterly Operating Expenses of $17.7 million for Q1 2026, up 26.68% year-over-year from $14.0 million in Q1 2025, and up 1.24% quarter-over-quarter from $17.5 million in Q4 2025.
Owlet (OWLT) Operating Expenses (2020 - 2026) Analysis & Trends
Owlet (OWLT) has reported Operating Expenses for 7 consecutive years, with $17.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 26.68% year-over-year to $17.7 million; the TTM figure through Mar 2026 stood at $65.5 million (up 7.02% YoY), while the FY2025 annual figure was $61.8 million, up 3.81% from the prior year.
- Operating Expenses grew to $17.7 million in Q1 2026 per OWLT's latest filing, from $17.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $30.5 million in Q1 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 96.07% — and 2023, when it sank 57.6%.
- Owlet's Operating Expenses stood at $24.1 million in 2022, then sank by 46.16% to $13.0 million in 2023, then soared by 41.82% to $18.4 million in 2024, then fell by 4.66% to $17.5 million in 2025, then advanced by 1.24% to $17.7 million in 2026.
- Business Quant data shows OWLT's Operating Expenses at $17.7 million in Q1 2026, $17.5 million in Q4 2025, and $15.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 10.90 Bn |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 2.84 Bn |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 3.59 Bn |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 2.67 Bn |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | 846.40 Mn |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | 511.70 Mn |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 1.44 Bn |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | -741.59 Mn |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 398.30 Mn |
| 10 | Owlet | 161.82 Mn | 125.27 Mn | 21.82 Mn | 20.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.08 Mn |
| 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 |