Highlights

  • Life360 reported record Q2 2026 Revenue of US$159.0 million, up 38%, as Advertising revenue more than quadrupled.
  • Monthly active users reached about 102.4 million at 30 June 2026, while Paying Circles grew 27% to 3.2 million.
  • Management raised full-year subscription revenue guidance to US$475–480 million but trimmed hardware revenue guidance to US$35–45 million.
  • The company will release September-quarter results on 10 November 2026 AEDT, followed by an investor call that morning.

Life360, Inc. (ASX:360) heads into its September-quarter reporting date with a fresh record behind it and a reshaped mix inside its full-year outlook. The family connection and safety company, which runs the Life360 app and Tile tracking devices, has scheduled its Q3 2026 results for 10 November 2026 (AEDT).

In the June 2026 quarter, advertising became a far larger contributor to revenue and user numbers passed 100 million.

Advertising Reshapes the Revenue Mix

Revenue for the June 2026 quarter rose 38% to US$159.0 million. Subscription revenue climbed 31% to US$115.6 million, with core subscription revenue up 34%, while advertising revenue jumped 315% to US$22.0 million on the back of offerings added through the Nativo acquisition. Hardware revenue fell 20% to US$9.8 million after the company exited its brick-and-mortar retail channel.

Gross Margin improved to 80% from 78%, including Tariff refund claims. Net Income eased to US$5.1 million from US$7.0 million, yet adjusted EBITDA rose 53% to US$31.1 million and Operating Cash Flow increased 79% to US$23.8 million. Operating expenses included US$1.7 million of restructuring costs linked to the shift towards an AI-native organisation.

User Growth Returns to the Outlined Trajectory

Life360 ended the quarter with about 102.4 million monthly active users, a 16% increase, including 54.0 million in the US and 48.4 million internationally. Chief Executive Officer Lauren Antonoff said crossing the 100 million mark, together with strong Paying Circle growth, showed user growth had returned to the path management had set out.

Paying Circles, the company's measure of paying family groups, rose 27% to 3.2 million on a record second-quarter net addition of 185,000. Average revenue per paying circle increased 5% to US$142.56, helped by a 14% lift internationally from price increases and a move to higher-priced plans. Annualised monthly revenue reached US$537.2 million, up 29%.

Cash Position Underpins a Multi-Year Buyback

Cash, cash equivalents, restricted cash and short-term investments totalled US$467.7 million at 30 June 2026. In May 2026, the board authorised a multi-year share repurchase programme of up to US$225 million, aimed at offsetting dilution from stock-based compensation and supported by twelve consecutive quarters of positive operating cash flow.

During the June quarter, Life360 bought back 314,762 shares for US$13.2 million, leaving US$211.8 million available.

What Management Expects for the Rest of 2026

For full-year 2026, management lifted subscription revenue guidance to US$475–480 million from US$470–475 million and lowered hardware revenue guidance to US$35–45 million from US$40–50 million. Advertising revenue guidance stayed at US$98–115 million, other revenue at US$42–45 million and adjusted EBITDA at US$130–140 million, a margin of about 20%. User growth is still expected at 17–20% for the year, weighted to the second half, when management expects advertising to enter its strongest seasonal window.

The September-quarter release is scheduled for 10 November 2026 (AEDT), with Lauren Antonoff and Chief Financial Officer Russell Burke hosting an investor call at 9:00am AEDT. Shares were priced at A$21.32 on 2 November 2026, up 1.33% on the day, giving a Market Capitalisation of A$3.69 billion; the stock was down 57.15% over 12 months.