• Subscription revenue up 33% year-over-year
• Hardware revenue down 12% year-over-year
• Other revenue up 99% year-over-year

Life360, Inc. reported its financial results for the first quarter ended March 31, 2025. The company reported total revenue of $103.6 million, up 32.4% from the same period in 2024. Subscription revenue grew 33.0% year-over-year to $81.9 million, while hardware revenue declined 12.5% to $8.9 million. Other revenue, which includes revenue from the company's location-based services and advertising, increased 99.0% year-over-year to $12.8 million. Gross profit for the quarter was $83.5 million, up from $60.0 million in the first quarter of 2024. The company reported net income of $4.4 million, compared to a net loss of $9.8 million in the same period last year. The improved financial performance was driven by strong growth in the company's subscription business and increased adoption of its location-based services and advertising offerings.

For the full year 2025, Life360 expects subscription revenue to grow between 30% and 35% compared to 2024, with total revenue expected to grow between 25% and 30% over the same period.

The company remains focused on driving continued growth in its subscription business, expanding its location-based services and advertising offerings, and exploring strategic opportunities to further enhance shareholder value.