Life360 Revenue Jumps 40% to $174.1 Million as It Narrows Annual Guidance
Key Facts
Life360 announced unaudited results on November 9 for the third quarter ended September 30, 2026, reporting revenue of $174.1 million, up 40% from $124.5 million in the same period of 2025. In its results statement, the company said it narrowed its 2026 revenue forecast to $665–681 million, compared with the previous range of $650–685 million. The lower end of the forecast therefore rose and the upper end fell, with expected annual revenue growth of 36% to 39%. The revision puts annual revenue within a narrower range, despite the strong growth recorded in the quarter. The company also reported growth in subscriptions and advertising, alongside increases in users and paid circles.
Subscriptions accounted for the largest share of quarterly revenue, at $124.2 million, up 29% year over year. Core subscription revenue, the largest component of subscriptions, rose to $119.9 million, up 32% from the third quarter of 2025. For the full year, Life360 expects subscription revenue of $483–488 million in 2026. It also expects advertising revenue of $98–102 million, hardware revenue of $35–40 million, and other revenue of $49–51 million. These forecasts distribute annual revenue across the four business sources identified by the company.
Global monthly active users reached 107.7 million in the third quarter, after the addition of 5.3 million users during the period. International monthly active users totaled 51.9 million, up 21% year over year. In the paid subscription business, global paying circles rose 26% year over year to 3.4 million. The company added 188,000 net circles during the quarter, a record for a third quarter. Management said net additions to paying circles reached a quarterly record and that early results from U.S. pricing changes were "encouraging."
Advertising revenue accelerated to $25.4 million in the third quarter, up 250% from the same period last year. Life360 attributed the growth mainly to higher managed advertising revenue following its acquisition of Nativo. The company expects annual advertising revenue of $98–102 million in 2026. Commenting on the results, Chief Executive Lauren Antonoff said the company was seeing "positive signals for 2027" from leading brands. She added that the results reflected families' trust in the company, according to the results statement.
On profitability, net income was $22.5 million, up 130% year over year, but included a $17.5 million net gain from the fair value of investments. Adjusted EBITDA was $34.6 million, compared with $24.5 million in the third quarter of 2025, an increase of 41%. The range for its 2026 forecast for this measure was narrowed to $132–138 million from $130–140 million, representing a margin of about 20%. Operating cash flow was $27.2 million, up 3% from a year earlier. The company ended the quarter with total cash and short-term investments of $465 million, up $7.8 million from the same period of 2025.
Looking to the next quarter, Chief Financial Officer Russell Burke said the company expects revenue momentum to continue in the fourth quarter of 2026, supported by recent subscription price increases and seasonal advertising gains. He said marketing spend would see lower seasonal growth. Life360 held its third-quarter results call on November 9, 2026, at 2:00 p.m. Pacific time. The company is therefore basing its final-quarter outlook on the effects of subscription price changes and advertising seasonality. Management also said leading brands are providing positive signals for 2027.