In the fourth quarter, hardware revenue declined 19% year-over-year to $19.3 million amid promotional pricing and product mix shifts, even as device shipments rose 3%. Subscription revenue reached $102.5 million, core subscriptions hit $97.3 million with Paying Circles up 26% and ARPPC up 6%, while other revenue climbed 86% to $24.2 million. Q4 net income was $129.7 million, including a $118.4 million tax benefit, and adjusted EBITDA increased 53% to $32.4 million with a 22% margin.

For full-year 2025, revenue grew 32% to $489.5 million, gross margin expanded to 78%, and operating expenses rose 26% but declined as a percentage of revenue. Net income reached $150.8 million versus a $4.6 million loss in 2024, and adjusted EBITDA more than doubled to $93.2 million with a 19% margin. Life360 ended the year with 95 million monthly active users and 2.8 million Paying Circles.

Management emphasized AI adoption rising from 25% to 95% company-wide, enhancing real-time data value and execution speed. The January 2026 acquisition of Nativo builds a full-stack ad platform reaching over 95% of U.S. ad-eligible adults. Devices remain subscription drivers, with a planned exit from physical retail in 2026 and focus on direct-to-consumer channels, while pet GPS registrations approach 5 million.

Life360 guided to 20% annual MAU growth and consolidated revenue of $640–680 million, with subscription revenue of $460–470 million, other revenue of $140–160 million, and hardware revenue of $40–50 million. Adjusted EBITDA is expected to reach $128–138 million, implying roughly a 20% margin and positioning the company toward a longer-term 35% target, with stronger results in the second half.