Shareholder Letter

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Stock LIFE360 Inc (360.ASX)
Release Time 12 May 2026, 7:30 a.m.
Price Sensitive Yes
 Life360 Inc. Reports Strong Q1 2026 Results
Key Points
  • Paying Circles crossed 3 million, powered by over 200,000 net additions
  • Total revenue grew 38% year-over-year to $143.1 million
  • Advertising revenue grew 329% year-over-year to $19.7 million
Full Summary

Life360 Inc. reported a strong start to 2026, with Q1 results highlighting continued growth across the business. Paying Circles crossed 3 million, powered by over 200,000 net additions - the most the company has ever added in a single quarter. Total revenue grew 38% year-over-year to $143.1 million, driven by a 32% increase in subscription revenue and a 329% increase in advertising revenue to $19.7 million. The company is now disclosing advertising as a separate revenue line given its scale and strategic importance. While monthly active user (MAU) growth was temporarily impacted by technical issues, the company expects to be back on its planned trajectory by Q3. The fundamentals of the business remain strong, with the monetization flywheel working independently of registration volume challenges. The company continues to expand its revenue streams, with advertising revenue expected to rival the scale of subscriptions over the long term. Life360 is also making progress in becoming an AI-native organization, with AI empowering the company to deliver transformative experiences for families.

Guidance

Life360 expects annual MAU growth of 17-20% for 2026, with its international focus markets outperforming. The company continues to believe advertising revenue can rival the scale of subscriptions over the long term.