Life360, Inc. (LIF) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 143.12M | 145.98M | 124.5M | 115.38M | 103.62M | 115.53M | 92.86M | 84.86M | 78.23M | 86.96M | 78.62M | 70.79M | 68.14M | 71.34M | 57.15M |
| Revenue Growth % | 38.12% | 26.36% | 34.06% | 35.96% | 32.47% | 32.85% | 18.11% | 19.88% | 14.8% | 21.9% | 37.57% | - | - | - | - |
| Cost of Goods Sold | 32.56M | 36.32M | 27.36M | 24.88M | 20.07M | 30.02M | 22.85M | 21.24M | 18.21M | 26.82M | 20.74M | 16M | 18.31M | 26.39M | 17.91M |
| COGS % of Revenue | 22.75% | 24.88% | 21.98% | 21.56% | 19.37% | 25.99% | 24.61% | 25.02% | 23.28% | 30.85% | 26.38% | 22.61% | 26.87% | 36.99% | 31.34% |
| Gross Profit | 110.56M | 109.66M | 97.14M | 90.5M | 83.55M | 85.51M | 70.01M | 63.63M | 60.01M | 60.14M | 57.88M | 54.78M | 49.83M | 44.95M | 39.24M |
| Gross Margin % | 77.25% | 75.12% | 78.02% | 78.44% | 80.63% | 74.01% | 75.39% | 74.98% | 76.72% | 69.15% | 73.62% | 77.39% | 73.13% | 63.01% | 68.66% |
| Gross Profit Growth % | 32.33% | 28.24% | 38.74% | 42.24% | 39.22% | 42.18% | 20.95% | 16.14% | 20.44% | 33.78% | 47.52% | - | - | - | - |
| Operating Expenses | 118.64M | 100.7M | 91.44M | 88.51M | 81.36M | 79.79M | 74.96M | 65.99M | 66.39M | 64.48M | 64.39M | 59.03M | 64.72M | 57.66M | 60.36M |
| OpEx % of Revenue | 82.89% | 68.98% | 73.45% | 76.71% | 78.51% | 69.06% | 80.72% | 77.76% | 84.87% | 74.15% | 81.9% | 83.38% | 94.98% | 80.83% | 105.62% |
| Selling, General & Admin | 79.37M | 67.36M | 59.03M | 56.25M | 50.96M | 50M | 45.95M | 38.98M | 39.13M | 38.46M | 39.82M | 35.84M | 37.52M | 32.52M | 35.8M |
| SG&A % of Revenue | 55.46% | 46.15% | 47.42% | 48.75% | 49.17% | 43.28% | 49.48% | 45.93% | 50.03% | 44.23% | 50.65% | 50.64% | 55.07% | 45.59% | 62.63% |
| Research & Development | 39.27M | 33.34M | 32.41M | 32.26M | 30.4M | 29.79M | 29.01M | 27.01M | 27.26M | 26.02M | 24.57M | 23.18M | 27.2M | 25.14M | 24.57M |
| R&D % of Revenue | 27.44% | 22.84% | 26.03% | 27.96% | 29.34% | 25.78% | 31.24% | 31.83% | 34.84% | 29.92% | 31.25% | 32.75% | 39.91% | 35.24% | 42.99% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -8.08M | 8.95M | 5.69M | 1.99M | 2.19M | 5.72M | -4.95M | -2.36M | -6.38M | -4.34M | -6.51M | -4.24M | -14.89M | -12.71M | -21.12M |
| Operating Margin % | -5.64% | 6.13% | 4.57% | 1.73% | 2.11% | 4.95% | -5.33% | -2.78% | -8.15% | -4.99% | -8.28% | -5.99% | -21.85% | -17.82% | -36.96% |
| Operating Income Growth % | -469.03% | 56.62% | 214.95% | 184.3% | 134.32% | 231.7% | 23.91% | 44.31% | 57.16% | 65.85% | 69.2% | - | - | - | - |
| EBITDA | -8.08M | 12.51M | 9.71M | 5.15M | 5.13M | 8.52M | -2.47M | 85K | -4M | -1.89M | -3.98M | -1.51M | -12.62M | -10.34M | -18.8M |
| EBITDA Margin % | -5.64% | 8.57% | 7.8% | 4.46% | 4.96% | 7.38% | -2.66% | 0.1% | -5.12% | -2.18% | -5.06% | -2.13% | -18.52% | -14.5% | -32.89% |
| EBITDA Growth % | -257.31% | 46.85% | 493% | 5956.47% | 228.28% | 550.37% | 37.97% | 105.64% | 68.28% | 81.71% | 78.81% | - | - | - | - |
| D&A (Non-Cash Add-back) | 0 | 3.56M | 4.02M | 3.16M | 2.95M | 2.8M | 2.48M | 2.45M | 2.38M | 2.45M | 2.52M | 2.74M | 2.27M | 2.37M | 2.33M |
| EBIT | -8.08M | 11.66M | 10.22M | 1.99M | 2.19M | 5.72M | -4.95M | -2.36M | -6.38M | -4.34M | -6.51M | -4.24M | -14.89M | -12.71M | -21.12M |
| Net Interest Income | 3.82M | 8.99M | 4.71M | 0 | 0 | 0 | 2.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 3.82M | 8.99M | 4.71M | 0 | 0 | 0 | 2.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -827K | 2.71M | 4.53M | 4.62M | 1.98M | 564K | 7.91M | -3.12M | -2M | 1.61M | -204K | 97K | 929K | 637K | 78K |
| Pretax Income | -8.9M | 11.66M | 10.22M | 6.61M | 4.16M | 6.28M | 2.96M | -5.49M | -8.38M | -2.73M | -6.71M | -4.15M | -13.96M | -12.07M | -21.05M |
| Pretax Margin % | -6.22% | 7.99% | 8.21% | 5.73% | 4.02% | 5.44% | 3.19% | -6.46% | -10.72% | -3.15% | -8.54% | -5.86% | -20.49% | -16.93% | -36.82% |
| Income Tax | -11.68M | -117.99M | 427K | -392K | -214K | -2.22M | -4.73M | 5.48M | 1.39M | 411K | -170K | 267K | 108K | 228K | 73K |
| Effective Tax Rate % | 131.21% | -1011.87% | 4.18% | -5.93% | -5.14% | -35.3% | -159.59% | -99.85% | -16.63% | -15.03% | 2.53% | -6.44% | -0.77% | -1.89% | -0.35% |
| Net Income | 2.78M | 129.66M | 9.79M | 7.01M | 4.38M | 8.5M | 7.69M | -10.96M | -9.78M | -3.15M | -6.54M | -4.41M | -14.07M | -12.3M | -21.12M |
| Net Margin % | 1.94% | 88.82% | 7.87% | 6.07% | 4.22% | 7.36% | 8.28% | -12.92% | -12.5% | -3.62% | -8.32% | -6.23% | -20.65% | -17.25% | -36.95% |
| Net Income Growth % | -36.52% | 1425.71% | 27.36% | 163.9% | 144.78% | 370.12% | 217.55% | -148.45% | 30.52% | 74.43% | 69.03% | - | - | - | - |
| Net Income (Continuing) | 2.78M | 129.66M | 9.79M | 7.01M | 4.38M | 8.5M | 7.69M | -10.96M | -9.78M | -3.15M | -6.54M | -4.41M | -14.07M | -12.3M | -21.12M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.03 | 1.53 | 0.11 | 0.08 | 0.05 | 0.10 | 0.09 | -0.15 | -0.14 | -0.05 | -0.10 | -0.07 | -0.21 | -0.21 | -0.34 |
| EPS Growth % | -42.86% | 1430% | 17.4% | 155.27% | 137.5% | 316.45% | 196.1% | -125.9% | 34.73% | 78.45% | 71.32% | - | - | - | - |
| EPS (Basic) | 0.03 | 1.67 | 0.13 | 0.09 | 0.06 | 0.11 | 0.10 | -0.15 | -0.14 | -0.05 | -0.10 | -0.07 | -0.21 | -0.19 | -0.34 |
| Diluted Shares Outstanding | 85.68M | 85.17M | 85.79M | 84.48M | 83.45M | 83.21M | 82.08M | 70.76M | 68.54M | 68.16M | 67.09M | 66.47M | 65.59M | 69.35M | 62.17M |
| Basic Shares Outstanding | 80.15M | 77.25M | 77.74M | 76.8M | 75.7M | 74.92M | 74.23M | 70.76M | 68.54M | 68.16M | 67.09M | 66.47M | 65.59M | 65.24M | 62.17M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |