# Life360, Inc. (LIF)

> Source: Nexqual · https://nexqual.com/LIF · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, Life360, Inc. (LIF), nexqual.com/LIF" · informational, not investment advice.

**Price:** USD 45.49 (+2.90% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 44.21 · day 43.73–45.63 · 52w 37.01–99.99 · market cap $3.71B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $573M, net income $147M (25.7% margin), free cash flow $103M (SEC filings).
- Valuation: P/E 25.2x (avg 36.2x at the last 1 fiscal year-ends), EV/EBITDA 238.9x, net debt $44.4M.
- Earnings quality: non-operating income $7.5M vs operating income $6.5M over the last four quarters; P/E excluding non-operating income ≈26.5x (estimate: non-operating income taxed at the company's 0% effective rate).
- Insider open-market sales, last ~7 months: 26 Form 4 filings, $27.6M; 3 not under a Rule 10b5-1 plan ($13.3M); 6 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.10 on a 1–5 scale) (10 analysts), mean target USD 60.7 (range 40–72).
- Total return with dividends: 1Y -53.9% vs S&P 500 +14.8%; 5Y +67.6% vs S&P 500 +79.1%.
- Next earnings: 2026-11-09, EPS estimate USD 0.28, revenue estimate $172M. All companies reporting that day: https://nexqual.com/earnings/2026-11-09
- Dividend: LIF paid no cash dividend in the last five years.
- Short interest: 11.68% of float (as of 2026-10-15), 13.3 days to cover.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $113M | $228M | $305M | $371M | $489M | $573M |
| Gross profit | $89.9M | $149M | $223M | $279M | $381M | — |
| Operating income | -$32.3M | -$94.4M | -$30.0M | -$8.0M | $18.8M | $6.5M |
| Net income | -$33.6M | -$91.6M | -$28.2M | -$4.6M | $151M | $147M |
| EPS (diluted) | -$0.65 | -$1.50 | -$0.42 | -$0.06 | $1.77 | — |
| Free cash flow | -$12.2M | -$57.1M | $7.0M | $31.4M | $86.8M | $103M |
| Gross margin | 79.8% | 65.1% | 73.1% | 75.1% | 77.8% | — |
| Operating margin | -28.6% | -41.4% | -9.8% | -2.1% | 3.8% | 1.1% |
| Net margin | -29.8% | -40.1% | -9.3% | -1.2% | 30.8% | 25.7% |
| Revenue growth | +39.7% | +102.7% | +33.4% | +22.0% | +31.8% | — |
| Cash + short-term investments | $231M | $75.4M | $69.0M | $159M | $494M | — |
| Total debt | $8.3M | $7.6M | $4.5M | $0K | $310M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 25.2x · P/E ex non-operating (est.) ≈26.5x · P/S 6.5x · EV/EBITDA 238.9x · EV/Sales 6.5x · P/FCF 35.9x · P/B 6.0x · FCF yield 2.79% · Earnings yield 3.97% · Net debt $44.4M · EV $3.75B
P/E at fiscal year-ends: Dec 2025 36.2x.

## Insider sales (SEC Form 4, open-market, last ~7 months)
23 of 26 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-13 | Prober Charles J. | Director | 7,930 | $343K | 6.7% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023) |
| 2026-10-06 | Haro Alex | Director | 50,000 | $2.1M | 4.7% | Yes (adopted June 9, 2026) | Too little history (no open-market trades in 2023) |
| 2026-10-01 | Coghlan John Philip | Director | 4,000 | $161K | 5.2% | Yes (adopted December 8, 2025) | Too little history (no open-market trades in 2023) |
| 2026-09-21 | Haro Alex | Director | 50,000 | $2.0M | 4.7% | Yes (adopted June 9, 2026) | Too little history (no open-market trades in 2023) |
| 2026-09-14 | Prober Charles J. | Director | 7,930 | $334K | 6.7% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023) |
| 2026-09-01 | Coghlan John Philip | Director | 4,000 | $168K | 4.9% | Yes (adopted December 8, 2025) | Too little history (no open-market trades in 2023) |
| 2026-08-25…2026-08-26 | Synge James | Director | 33,299 | $1.5M | 14.8% | No | Too little history (no open-market trades in 2023) |
| 2026-08-18 | Hulls Chris | Director | 250,000 | $11.7M | 20.5% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-13 | Prober Charles J. | Director | 7,930 | $385K | 6.7% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023) |
| 2026-08-10 | Morin Brit | Director | 15,582 | $1.0M | 52.1% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-04 | Morin Brit | Director | 10,701 | $642K | 34.7% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-04 | Hulls Chris | Director | 27,000 | $1.7M | 2.6% | Yes (adopted December 16, 2025) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-03 | Coghlan John Philip | Director | 4,000 | $219K | 4.7% | Yes (adopted December 8, 2025) | Too little history (no open-market trades in 2023) |
| 2026-07-16 | Hulls Chris | Director | 14,345 | $800K | 1.4% | Yes (adopted December 16, 2025) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-07-13 | Prober Charles J. | Director | 7,930 | $421K | 6.7% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023) |
| 2026-07-01 | Coghlan John Philip | Director | 4,000 | $224K | 4.5% | Yes (adopted December 8, 2025) | Too little history (no open-market trades in 2023) |
| 2026-06-29 | Morin Brit | Director | 4,655 | $256K | 15.2% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-18 | Hulls Chris | Director | 16,042 | $755K | 1.6% | Yes (adopted December 16, 2025) | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-15 | Prober Charles J. | Director | 7,930 | $365K | 6.7% | Yes (adopted March 14, 2025) | Too little history (no open-market trades in 2023) |
| 2026-06-01 | Coghlan John Philip | Director | 4,000 | $176K | 4.3% | Yes (adopted December 8, 2025) | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.10 on a 1–5 scale), 10 analysts; mean target USD 60.7 (low 40, high 72).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-29 | DA Davidson | Maintained | Neutral | $40 |
| 2026-09-15 | DA Davidson | Target lowered | Neutral | $47 → $40 |
| 2026-08-13 | Citigroup | Target lowered | Buy | $66.65 → $60.1 |
| 2026-08-11 | UBS | Target lowered | Buy | $64 → $60 |
| 2026-08-11 | DA Davidson | Target raised | Neutral | $42 → $47 |
| 2026-08-11 | Evercore ISI Group | Target lowered | Outperform | $68 → $66 |
| 2026-07-16 | B of A Securities | Target raised | Buy | $60 → $66 |
| 2026-07-06 | Citigroup | Target raised | Buy | $60.15 → $66.65 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2024-06-03) |
|---|---|---|
| Total return | -53.9% | +67.6% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | -54.1% | +23.9% |
| Volatility (annualized) | 76.5% | 61.4% |
| Max drawdown | -61.6% (Nov 2025→Apr 2026) | -64.7% (Sep 2025→Apr 2026) |

## Dividends
LIF paid no cash dividend in the last five years.

## Short interest
8,179,374 shares sold short, 11.68% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 8,310,724 shares (-1.6%). Days to cover: 13.3 (short shares ÷ average daily volume).

## Peers (Software - Application)
APPF (AppFolio, Inc.) USD 207.05 +1.00% · TTAN (ServiceTitan, Inc.) USD 80.73 -0.16% · DSGX (The Descartes Systems Group Inc) USD 92.03 -0.36% · YMM (Full Truck Alliance Co. Ltd.) USD 8.09 +0.12% · PCTY (Paylocity Holding Corporation) USD 168.4 -0.06% · IDCC (InterDigital, Inc.) USD 334.27 +4.28%

## More
Full page: https://nexqual.com/LIF · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in LIF's own 10-K filed 2026-03-02 (https://www.sec.gov/Archives/edgar/data/1581760/000158176026000016/lifx-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Jabil (JBL) | "•our ability to continue to manufacture our hardware products on reasonable terms, including our ability to continue our relationship with Jabil, Inc. ("Jabil"), or at all;" |
| Supplier | Apple (AAPL) | "Our mobile applications are almost exclusively accessed through the Apple App Store and the Google Play Store, and we depend on Apple and Google approving our mobile applications on their respective platforms." |
| Supplier | Amazon (AMZN) | "In particular, we rely on contracts with Amazon Web Services ("AWS") for the provision of our computing, network, database, software development platforms and software infrastructure." |
| Supplier | Alphabet (Google) (GOOGL) | "Our mobile applications are almost exclusively accessed through the Apple App Store and the Google Play Store, and we depend on Apple and Google approving our mobile applications on their respective platforms." |
| Partner | Hubble Network | "Through our strategic partnership with Hubble Network Inc., ("Hubble"), and subject to successful development and integration, we may expand our location tracking capabilities." |
| Partner | Cover Genius Warranty Services | "Similarly, under our warranty program agreement with Cover Genius Warranty Services, LLC ("Cover Genius"), Cover Genius administers warranties and service contracts on behalf of Tile." |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Subscription revenue | $115.6M | 72.7% | +30.5% |
| Advertising revenue | $22.0M | 13.8% | +315.5% |
| Other revenue | $11.6M | 7.3% | +24.9% |
| Hardware revenue | $9.8M | 6.2% | -20.1% |
| Total revenue | $159.0M | 100% | — |

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| North America | $140.5M | 88.4% | +40.3% |
| United States | $137.0M | 86.2% | +40.2% |
| Europe, Middle East, and Africa | $9.8M | 6.2% | +11.1% |
| Other international regions | $8.7M | 5.5% | +35.1% |
| Total revenue | $159.0M | 100% | — |
The lines above cover 186.2% of total revenue.

## Customer concentration

Period ended 2026-06-30: 50%, 19% of revenue from unnamed direct customers (10-Q, filed 2026-08-10).

## Company outlook (8-K filed 2026-08-10)

- "Although Life360 believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, Life360 can give no assurance that such expectations and assumptions will prove to be correct and, actual results may vary in a materially positive or negative manner."
- "This announcement should not be relied upon as a recommendation or forecast by Life360."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.28 | $0.33 | -14.7% | $171.7M | 2 |
| Next quarter (ends 2026-12-31) | $0.51 | $0.46 | +10.5% | $198.4M | 2 |
| Current fiscal year (ends 2026-12-31) | $1.37 | $1.24 | +10.1% | $672.6M | 3 |
| Next fiscal year (ends 2027-12-31) | $1.78 | $1.63 | +9.4% | $824.3M | 3 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.37 | $0.17 | Beat +117.6% | — |
| — | Quarter ended Mar 31, 2026 | $0.17 | $0.12 | Beat +41.7% | — |
| — | Quarter ended Dec 31, 2025 | $0.35 | $0.26 | Beat +34.6% | — |
| — | Quarter ended Sep 30, 2025 | $0.28 | $0.17 | Beat +64.7% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-06 | Schedule 13G/A | Paradice Investment Management Pty Ltd: 4.4% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1581760/000117266126004407/0001172661-26-004407-index.htm |
| 2026-08-10 | 8-K | Quarterly results; Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/1581760/000158176026000142/0001581760-26-000142-index.htm |
| 2026-08-10 | 10-Q | Quarterly report · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/1581760/000158176026000141/0001581760-26-000141-index.htm |
| 2026-07-28 | Schedule 13G | Paradice Investment Management Pty Ltd: 5.3% of shares, passive 5%+ holder | https://www.sec.gov/Archives/edgar/data/1581760/000117266126002845/0001172661-26-002845-index.htm |
| 2026-07-02 | Schedule 13G/A | Hyperion Asset Management Limited: 4.1% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/1581760/000117266126002488/0001172661-26-002488-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.