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Life360, Inc. operates a technology platform to locate people, pets, and things in North America, Europe, the Middle East, Africa, and internationally. The company provides Life360 mobile application under the freemium model that offers communications, driving safety, digital safety, and location sharing; Life360 Platform that provides location coordination and safety, driving safety, digital safety, and emergency assistance services; and mobile-first technology platform that protects members data and ensures integrity, security, and performance. It also offers real-time location, location history, and smart notifications; location-specific alerts, driving alerts, and crime reports; crash detection, roadside assistance, family driving summaries, and individual driver reports; data breach alerts, identity theft protection, stolen funds reimbursement, and credit monitoring; and SOS with emergency dispatch, disaster response, medical assistance, and travel support, as well as related third-party services. Additionally, the company provides tile hardware tracking devices to locate lost devices sold through online and brick and mortar retail channels as well as websites; tile mobile application, which includes a free service and two paid subscription options, such as Premium and Premium Protect to offer additional services, including warranties and item reimbursement; Gold or Platinum Life360 subscriptions; and location tracking services. It sells its products through retailers and distributors, as well as through online retailers. Life360, Inc. was formerly known as LReady, Inc. and changed its name to Life360, Inc. in October 2011. The company was incorporated in 2007 and is based in San Mateo, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $489M | $33M | $151M | $81M | 27.5% | 31.8% | -3411.4% |
| 2024 | $371M | $2M | $-5M | $27M | -1.3% | 22.0% | -83.8% |
| 2023 | $305M | $-20M | $-28M | $5M | -11.4% | 33.4% | -69.3% |
| 2022 | $228M | $-85M | $-92M | $-58M | -37.5% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 228.30 | 304.52 | 371.48 | 489.48 |
| Operating Revenue | - | 201.17 | 278.97 | 335.43 | 421.07 |
| Cost Of Revenue | - | 79.71 | 81.88 | 92.33 | 108.64 |
| Gross Profit | - | 148.60 | 222.64 | 279.16 | 380.84 |
| Operating Expense | - | 243.01 | 252.62 | 287.13 | 361.86 |
| Research And Development | - | 102.48 | 100.96 | 113.07 | 128.41 |
| Selling General And Administration | - | 140.53 | 151.66 | 174.06 | 233.45 |
| Total Expenses | - | 322.72 | 334.50 | 379.46 | 470.50 |
| Operating Income | - | -94.41 | -29.98 | -7.98 | 18.98 |
| Total Operating Income As Reported | - | -94.41 | -29.98 | -7.98 | 18.83 |
| EBITDA | - | -85.21 | -20 | 2.13 | 32.66 |
| Normalized EBITDA | - | -88.29 | -19.20 | -2.42 | 32.20 |
| EBIT | - | -94.41 | -29.98 | -7.98 | 18.98 |
| Interest Income | - | - | 3.08 | 6.01 | 13.70 |
| Net Interest Income | - | - | 3.08 | 6.01 | 13.70 |
| Other Non Operating Income Expenses | - | 0.01 | 0.14 | -7.22 | -0.48 |
| Other Income Expense | - | 3.09 | -0.66 | -2.66 | -0.02 |
| Interest Income Non Operating | - | - | 3.08 | 6.01 | 13.70 |
| Net Non Operating Interest Income Expense | - | - | 3.08 | 6.01 | 13.70 |
| Pretax Income | - | -91.32 | -27.56 | -4.63 | 32.66 |
| Tax Provision | - | 0.31 | 0.62 | -0.07 | -118.17 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | -0.17 | 0.09 | 0.10 |
| Net Income Continuous Operations | - | -91.63 | -28.17 | -4.56 | 150.83 |
| Net Income From Continuing And Discontinued Operation | - | -91.63 | -28.17 | -4.56 | 150.83 |
| Net Income From Continuing Operation Net Minority Interest | - | -91.63 | -28.17 | -4.56 | 150.83 |
| Net Income | - | -91.63 | -28.17 | -4.56 | 150.83 |
| Net Income Common Stockholders | - | -91.63 | -28.17 | -4.56 | 150.83 |
| Net Income Including Noncontrolling Interests | - | -91.63 | -28.17 | -4.56 | 150.83 |
| Normalized Income | - | -94.71 | -27.54 | -9.02 | 150.47 |
| Diluted NI Availto Com Stockholders | - | -94.20 | -28.17 | -4.56 | 150.83 |
| Basic Average Shares | - | 62.21 | 66.75 | 72.13 | 77.25 |
| Diluted Average Shares | - | 62.84 | 66.75 | 72.13 | 85.17 |
| Reconciled Depreciation | - | 9.20 | 9.98 | 10.11 | 13.68 |
| Reconciled Cost Of Revenue | - | 79.71 | 81.88 | 92.33 | 108.64 |
| Total Unusual Items | - | 3.08 | -0.80 | 4.56 | 0.46 |
| Total Unusual Items Excluding Goodwill | - | 3.08 | -0.80 | 4.56 | 0.46 |
| Special Income Charges | - | 0 | 0 | -0.44 | -0.15 |
| Other Special Charges | - | - | - | 0.44 | - |
| Restructuring And Mergern Acquisition | - | - | - | - | 0.15 |
| Gain On Sale Of Security | - | 3.08 | -0.80 | 5 | 0.61 |
| Depreciation Amortization Depletion Income Statement | 0.88 | - | - | - | - |
| Depreciation And Amortization In Income Statement | 0.88 | - | - | - | - |
| General And Administrative Expense | - | 48.11 | 52.58 | 60.71 | 78.49 |
| Other Gand A | - | 48.11 | 52.58 | 60.71 | 78.49 |
| Other Operating Expenses | 0.18 | - | - | - | - |
| Selling And Marketing Expense | - | 92.42 | 99.07 | 113.35 | 154.96 |
| Average Dilution Earnings | 0 | -2.57 | 0 | 0 | - |
| Depreciation Income Statement | 0.88 | - | - | - | - |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Life360, Inc.this co. | LIF | $3.9B | 25.68↓ discount | 7.07 | 27.5% | 112.98 |
| Impinj, Inc. | PI | $4.1B | - | 19.82 | -5.2% | 595.65 |
| Veeco Instruments Inc. | VECO | $3.9B | 109.79 | 4.39 | 4.0% | 58.12 |
| Extreme Networks, Inc. | EXTR | $3.9B | - | 59.05 | -11.4% | 98.02 |
| Badger Meter, Inc. | BMI | $3.7B | 26.37 |
| - |
| - |
| - |
| - |
| 5.24 |
| 19.9% |
| 16.10 |
| Box, Inc. | BOX | $3.7B | 32.14 | -12.39 | -38.6% | 27.13 |
| RingCentral, Inc. | RNG | $3.7B | 85.09 | -6.28 | -7.4% | 14.30 |
| Itron, Inc. | ITRI | $3.6B | 11.94 | 2.09 | 17.5% | 9.27 |
| Insight Enterprises, Inc. | NSIT | $3.6B | 22.81 | 2.18 | 9.5% | 11.55 |
| Peer Median | - | 29.26 | 3.28 | -0.6% | 21.61 | |