Life360 Q3 revenue grows 40% to US$174.1M
By Jon CuthbertKey points
- Global revenue rose 40% year-over-year to US$174.1 million, driven by subscription expansion and higher advertising sales.
- The company generated US$27.2 million in positive operating cash flow and held US$465 million in cash and short-term investments.
- Management stated that growth will rely on subscription price increases, advertising scale, and integrations with third-party artificial intelligence agents.
Life360 (ASX:360) reported third-quarter revenue of US$174.1 million, marking a 40% increase from the prior year.
The revenue growth accelerated from the prior quarter as monthly active users climbed by 5.3 million to reach 107.7 million.
"Our impressive third quarter operating and financial results are a direct reflection of the trust families place in us to keep them connected and safe," said Life360 CEO Lauren Antonoff.
The business posted advertising revenue of US$25.4 million, spent US$44.4 million repurchasing shares, and retained US$180.6 million under its existing buyback authorization.
Following the announcement, the Life360 share price was unchanged at $22.33.
The business stated that it plans to expand margins while integrating its location features into external personal artificial intelligence tools.
The group previously introduced higher subscription pricing in the United States and closed an acquisition of digital advertising platform Nativo.
