• Record Quarterly Global Net Additions of 201 thousand Paying Circles
• Reached Approximately 97.8 million Monthly Active Users, Up 17% Year-Over-Year
• Total Revenue Grew 38% Year-Over-Year to $143.1 million

Life360, Inc. (NASDAQ: LIF, ASX: 360) announced unaudited financial results for the first quarter (Q1'26) ended March 31, 2026. The company achieved record-breaking results across key metrics, including Paying Circles, Global Net Additions, Subscription Revenue, Annualized Monthly Revenue, and Advertising Revenue. Total Q1'26 revenue grew 38% year-over-year to $143.1 million, with total subscription revenue of $108.2 million, up 32% year-over-year, and advertising revenue of $19.7 million, up 329% year-over-year. Annualized Monthly Revenue (AMR) increased 32% year-over-year to $517.9 million. The company ended Q1'26 with $459.0 million in cash, cash equivalents, restricted cash, and short-term investments. Life360 delivered strong operating cash flow of $17.2 million, up 42% year-over-year. The company's global Monthly Active Users (MAU) increased 17% year-over-year to approximately 97.8 million, with global Paying Circle net additions of 201 thousand, bringing total Paying Circles to 3.0 million, up 27% year-over-year.

For FY'26, Life360 expects to deliver: MAU growth of 17% to 20%, weighted toward the second half of the year; Consolidated revenue of $650 million to $685 million (YoY growth of 33% to 40%), comprised of Subscription revenue of $470 million to $475 million, Hardware revenue of $40 million to $50 million, Advertising revenue of $98 million to $115 million, and Other revenue of $42 million to $45 million; and Adjusted EBITDA of $130 million to $140 million, which represents a margin of approximately 20%.

Looking ahead, Life360 expects revenue growth acceleration into the back half of 2026 driven by both its core subscription business and advertising platform entering its strongest seasonal window. The company will continue to invest in strategic initiatives including international expansion, advertising platform scaling, and product innovation, while remaining committed to balancing growth investment with margin expansion.