Key Highlights

  • Quarterly Revenue increased 40% year on year, while adjusted EBITDA grew 41%.
  • Monthly active users rose 17% to nearly 108 million.
  • The company reported US$465 million in cash and a 130% increase in net income.
  • Management expects subscription revenue growth to accelerate but anticipates softer US Paying Circle additions in Q4 2026.

Life360 (ASX:360) operates a family location-sharing platform supported by subscription services. On 10 November 2026, the company released quarterly results showing revenue growth of 40% year on year, a 130% increase in Net Income and a 41% rise in adjusted EBITDA. 360 share prices closed nearly 10% higher at AUD 20.81 per share on 11 November.

Quarterly Results and User Growth

Monthly active users increased 17% to just under 108 million. These results demonstrate expansion in the user base alongside higher reported revenue and earnings. The company also held approximately USD 465 million in cash, providing resources for ongoing operations and product development.

Subscription Pricing and Paying Circles

The outlook included a qualification about the effect of subscription price increases. Management indicated that some customers had discontinued subscriptions following the changes. Chief Financial Officer Russell Burke said subscription revenue growth was expected to accelerate, while the higher prices were likely to soften additions to US Paying Circles during the fourth quarter of 2026. Paying Circle growth therefore remains an important operational measure alongside revenue growth. A rise in revenue per subscriber does not necessarily translate into faster growth in the number of paying households.

Operating Priorities and Financial Considerations

Life360 balances growth in active users with the conversion and retention of paying subscribers. The quarterly figures indicate increasing platform reach, although the supplied update does not quantify the extent to which subscription pricing, Advertising or other sources contributed to revenue growth. The reported cash position provides flexibility, but sustained operating performance will depend on customer retention, product adoption and the cost of acquiring and servicing users. The reported net income and adjusted EBITDA growth should also be considered separately because the two measures capture different aspects of profitability.

Upcoming Milestones and Risks

The fourth-quarter 2026 update will provide further evidence of how pricing changes affect paying subscriber additions and subscription revenue. Investors can monitor monthly active users, paying-circle trends, retention and the relationship between revenue and adjusted EBITDA growth. The principal uncertainty is whether the slower pace of new US Paying Circles proves temporary or persists after the price changes. No new company development was identified in the supplied material for 11 November 2026.

Key Insights

Life360 reported growth across revenue, Earnings and active users, but its fourth-quarter outlook points to potential pressure on US Paying Circle additions following price changes. Subscriber retention and subscription revenue trends are the next operating measures to monitor.