Highlights

  • Life360 (ASX:360) surpassed 100 million monthly active users, reaching 102.4 million users globally.
  • Q2 2026 Revenue increased 38% to US$159.0 million, supported by subscription and Advertising growth.
  • Paying Circles increased 27% to 3.2 million, strengthening the company’s subscription model.
  • Full-year 2026 guidance was upgraded, with revenue expected between US$650 million and US$685 million.

Life360 (ASX:360) continues to strengthen its position as a global family safety and connectivity platform, with recent results highlighting strong user growth, expanding subscription adoption and increasing monetisation opportunities.

The company’s second-quarter 2026 results showed continued momentum across key operating metrics, with monthly active users surpassing 100 million and management increasing its full-year outlook. The Business remains focused on converting its growing global user base into higher subscription revenue while expanding advertising and other monetisation channels.

Growth Metrics

Life360 recorded second-quarter revenue of US$159.0 million, representing growth of 38% compared with the prior corresponding period.

Subscription revenue, which remains the core growth driver, increased 31% to US$115.6 million, while core subscription revenue grew 34%.

Advertising revenue continued to expand rapidly, increasing more than fourfold to US$22.0 million as the company focused on monetising its large free-user base. Hardware revenue declined approximately 20% to US$9.8 million during the period.

Monthly active users reached 102.4 million globally, up 16% year-on-year. The United States accounted for 54.0 million users, while international markets contributed 48.4 million users, with international growth reaching 20%.

Subscription Growth

Life360’s subscription ecosystem continued expanding during the quarter.

Paying Circles increased 27% to 3.2 million, supported by record quarterly net additions of approximately 185,000. Average revenue per paying Circle increased 5% to US$142.56.

The company’s strategy remains centred on expanding its free user base while increasing conversion into paid subscriptions and developing additional revenue opportunities.

Profitability

Life360 reported adjusted EBITDA of US$31.1 million for the quarter, representing growth of 53% year-on-year.

The adjusted EBITDA Margin improved to 20%, compared with 18% in the prior corresponding period. Operating Cash Flow increased 79% to US$23.8 million.

Statutory Net Income was US$5.1 million, compared with US$7.0 million in the previous year, highlighting the difference between operating momentum and reported Earnings outcomes.

The company ended the quarter with approximately US$467.7 million in cash and investments.

Guidance Outlook

Following the strong quarterly performance, Life360 increased its full-year 2026 guidance.

The company expects revenue between US$650 million and US$685 million, representing growth of approximately 33% to 40%. Adjusted EBITDA guidance was increased to US$130 million to US$140 million, with an expected margin of around 20%.

Monthly active user growth is expected to remain between 17% and 20%, with stronger momentum anticipated during the second half of the year.

Advertising remains an important growth opportunity, with full-year advertising revenue expected between US$98 million and US$115 million.

Growth Strategy

Life360’s long-term strategy focuses on building a broader ecosystem around family connectivity, safety and location-based services.

The company aims to increase monetisation through subscription growth, advertising expansion and additional services built around its large global user community.

The combination of a growing user base, increasing subscription adoption and improving operating margins remains central to the company’s Investment narrative.

Risks Ahead

Despite strong operational growth, Life360 continues to face challenges associated with valuation expectations, competition and long-term monetisation.

The company’s future performance will depend on sustaining Paying Circle growth, expanding international monetisation and maintaining advertising momentum.

Competition from larger technology platforms offering location-based features could also affect user engagement and pricing power.

As a technology growth company with US market exposure through its primary Nasdaq listing and ASX CDIs, Life360 remains sensitive to broader investor sentiment towards growth stocks, currency movements and changes in global market conditions.