Life360
A fully remote company behind the Life360 family location app and Tile trackers, growing revenue about 38% a year while half of it still flows through Apple's App Store.
10-Q Q2 2026- Revenue
- $159.0M in April to June 2026, up 38% on a year ago.
- Profit
- $5.1M net income in the quarter, but a small operating loss of $0.06M after $22.8M of stock pay.
- Debt
- $320M of 0% convertible notes due June 2030, against $465.0M of cash and Treasuries.
- Watch
- 50% of Q2 revenue came through Apple, and 19% through Google.
- AI
- AI-native push R&D was restructured in 2026 to become AI-native; the company reports about 95% internal AI adoption.
- People
- 547 full-time employees plus about 95 contractors at end of 2025, all remote.
- Hiring
- 15 → 26 remote listings since Oct 10.
Family subscriptions pay most of the bills.
Three quarters of revenue is paid memberships for the Life360 and Tile apps. Tile and pet GPS hardware is shrinking. Other revenue (data and partnerships, including ads) is the fastest grower, and the Nativo deal in January 2026 made ads a line of its own.
- 1Families join together, so they leave together less often102.4M monthly active users and 3.2M Paying Circles at June 30, 2026, Paying Circles up 27% in a year. The app is free; paying is optional.Q2 2026 earnings release (8-K, Aug 10, 2026)
- 2A finding network beyond the phone10.9M+ monthly active Tile devices and 8M pet profiles. A 2024 deal makes it the exclusive consumer app for Hubble Network's satellite Bluetooth technology.Q2 2026 results presentation; Hubble agreement per 10-K FY2025
- 3First-party family data (the company's own argument)Life360 says its family data cannot be scraped by AI models and that AI makes that data more valuable. About 80% of US users are eligible for ads.Q2 2026 results presentation (8-K, Aug 10, 2026)
| Company | Worth | Revenue | Growth | Per employee | Paid per $1 | Stock, 1 yr |
|---|---|---|---|---|---|---|
| Life360 | $3.67B | $573M | +34% | $0.89M | $6.68 | −54% |
| Apple | $5030B | $467B | +14% | $2.81M | $10.86 | +27% |
| Alphabet | $3412B | $471B | +22% | $2.47M | $7.35 | −4% |
- Life360
- Worth
- $3.67B
- Revenue
- $573M
- Growth
- +34%
- Per employee
- $0.89M
- Paid per $1
- $6.68
- Stock, 1 yr
- −54%
- Apple
- Worth
- $5030B
- Revenue
- $467B
- Growth
- +14%
- Per employee
- $2.81M
- Paid per $1
- $10.86
- Stock, 1 yr
- +27%
- Alphabet
- Worth
- $3412B
- Revenue
- $471B
- Growth
- +22%
- Per employee
- $2.47M
- Paid per $1
- $7.35
- Stock, 1 yr
- −4%
Investors pay $6.68 for every dollar Life360 brings in. Its peers here range from $7.35 to $10.86, close to their median of $9.11.
Life360 brought in $159 million in 91 days.
That is about $44 million more than the same three months a year earlier. Each of its 547 employees brought in about $0.89 million over the year, about $2,450 a day.
Revenue is not profit. It is the money that came in before Life360 pays any of its costs.
10-Q Q2 2026; employees from 10-K FY2025 (Dec 31, 2025)From losing $8 million to making $19 million.
Revenue grew 61% in two years. In FY2025 it kept 4 cents of every revenue dollar as operating profit.
- FY2023: lost 10¢ of every $1
- FY2024: lost 2¢ of every $1
- FY2025: kept 4¢ of every $1
Every peer here brings in more per person than Life360.
- Apple$2.81M
- Alphabet$2.47M
- Life360$0.89M
The only debt is a 0% convertible note that does not come due until June 2030. Cash fell from $494.3M at the end of 2025 mostly because of the Nativo purchase and buybacks, but it still covers the notes.
What the filings say, and what we think it means.
The fact is the filing's. The read, in italics, is ours.
- 01Neutral
Most of the 2025 profit was a tax entry.
10-K FY2025 statement of operations; MD&A income taxesNet income was $150.8M in 2025 on $32.7M of pretax income. The difference is mainly a $118.4M benefit from releasing a valuation allowance on US deferred tax assets.
The release says management now expects to use its past losses, a good sign. But the business earned about a fifth of the headline profit.
- 02Watch
Half of revenue comes through Apple.
10-Q Q2 2026, concentration noteApple, as the App Store channel, was 50% of Q2 2026 revenue (54% a year earlier) and 44% of receivables. Google was 19%.
These are app stores collecting from families, not customers who can walk away. But a fee or policy change by either platform would hit the whole business.
- 03Watch
Stock pay erases operating profit.
Q2 2026 earnings release; Q1 figures from 10-Q Q1 2026Q2 2026 stock-based compensation was $22.8M, up from $15.2M. Operating result was a $0.06M loss in Q2 and an $8.1M loss in Q1, while adjusted EBITDA was $31.1M in Q2.
The adjusted profit figure leaves out stock pay. Equity is a big part of pay here, which is good for staff if the stock does well.
- 04Watch
The stock fell about 26% the day after Q2 results, The Motley Fool reports.
The Motley Fool, Aug 11, 2026; buyback price from 10-Q Q2 2026The Motley Fool reports a 25.7% drop on Aug 11, 2026, after management kept full-year guidance unchanged. Buybacks in Q2 averaged $42.02 a share.
Revenue beat, but investors had wanted a raise. Staff equity granted in 2025 may be well under water.
- 05Watch
R&D was restructured to become AI-native.
Q2 2026 earnings release, footnote 20Q2 2026 included $1.7M of workplace restructuring costs tied to the company's transition to an AI-native organization. No headcount figure is given.
Expect engineering roles to keep changing shape. The CFO says the payoff in operating leverage starts in 2027.
- 06Good
A $104M ad-tech purchase quadrupled ad revenue.
10-Q Q2 2026, acquisitions note; Q2 releaseNativo closed Jan 2, 2026 for $104.0M (cash, 435,599 shares and deferred payments). Advertising revenue was $22.0M in Q2, up 315%.
Ads are now a second engine next to subscriptions. Most of the jump is bought, not organic, so watch growth once the deal laps in 2027.
- 07Watch
About 7% of revenue comes from selling data insights.
10-K FY2025, business and risk factorsRevenue from data insights sold to key partners was about 7% of total revenue in each of 2023, 2024 and 2025. The company says the data is aggregated and not personally identifiable.
A small slice, but a location-data business draws privacy attention. The 10-K says it has faced privacy inquiries and investigations in the past.
- 08Neutral
A stalking class action over Tile was sent to arbitration.
10-Q Q2 2026, commitments and contingenciesPlaintiffs in Ireland-Gordy (filed Aug 2023) say Tile trackers were used to follow them without consent. On Mar 3, 2026 the Ninth Circuit ordered the claims to arbitration; no Supreme Court petition was filed. No reserve is booked.
Arbitration usually lowers the cost and the publicity. The claims remain open.
- 09Neutral
The 2030 notes convert at $80.97, near double the buyback price.
10-Q Q2 2026, convertible notes and capped calls notes$320M of 0% notes convert at about $80.97 a share. Capped calls bought for $33.7M offset dilution up to $122.22.
Free money while it lasts. If the stock stays below $80.97 the notes must be repaid in 2030, which the current cash could cover.
- 10Good
It has no headquarters by design.
10-K FY2025, human capital; Greenhouse board checked Nov 3, 2026The filings state it has a globally distributed workforce and no corporate headquarters. All 547 employees work remotely, with optional use of a San Mateo office.
Remote is written into its SEC filings, not just a perk. All 26 open roles on its job board are remote in the US or Canada.
Data is paid 2% under market. Engineering, 3% under.
We save every company's roles, pay by team and level, AI share and churn every day, so each month this page can say more. Sparklines use their own scale.
Can AI agents do business with Life360?
We checked the agent payment programs, developer docs and site rules an AI assistant would meet.
Closed to bots. Its data is the moat, so nothing built for agents.
Still Remote read- MixedLets automated tools read its main sitelife360.com/robots.txt returned a Cloudflare block page (403) to our standard fetch tools, so its bot rules could not be read. tile.com redirects to life360.com.checked Nov 3, 2026
- Not foundA guide for AI tools (llms.txt)life360.com/llms.txt also returned a 403 block page; no llms.txt could be read.checked Nov 3, 2026
- Not foundAn MCP server, agent API or AI assistant integrationNo agent protocols, MCP servers or AI assistant integrations are named in its 2026 filings or Q2 materials, and a web search found none.Q2 2026 materials and 10-Q, searched Nov 3, 2026
- MixedOpens its data to AI modelsThe company pitches its first-party family data as something AI models cannot scrape, so keeping it closed is part of the strategy.Q2 2026 results presentation, slide 34
- AnnouncedAI inside the productPlanned uses include smarter free-to-paid conversion through personalized engagement. No consumer AI assistant has launched.Q2 2026 results presentation, slide 35
Where Life360 puts AI to work.
- 1AI to grow without hiringLife360 reports about 95% organization-wide AI adoption and says AI helps it grow revenue faster than headcount. The 10-K says staff use generative AI mainly for coding productivity.Q2 2026 results presentation; 10-K FY2025 risk factors
- 2R&D rebuilt as AI-nativeThe 2026 restructuring cost $1.7M in Q2 and was described as a transition to an AI-native organization. The number of roles affected is not disclosed.Q2 2026 earnings release, footnote 20
- 3New roles carry an AI Native tag8 of its 26 open roles have AI Native in the title, mostly mobile and data engineering, plus a Director, AI Platforms.Life360 Greenhouse board, checked Nov 3, 2026
More listings than on Sep 7, led by engineering.
Your view of the next year, in a share price.
A way to think, not a forecast, and not investment advice.
- Growth
- How much bigger revenue gets in a year. More revenue to multiply.
- Paid per $1 of revenue
- The mood dial. High when investors expect fast growth and future profit, low when they doubt it. Life360 sits at $7.50; the peers' median is $9.11.
- Share count
- Stock pay and converting notes add shares, so each is a smaller slice. Buybacks do the opposite. Last year Life360's share count changed +5.5%.
- The analyst range
- 10 analysts publish a 12-month target, from $40 to $72. It is where Wall Street sits, not where the stock must go.
Growth and valuation hold, and the share count keeps rising at last year's rate. This lands near the analysts' average of $61.
Your $100,000 grant today would be worth $124,893 in 12 months in this world, before taxes and vesting.
A way to think, not a forecast, and not investment advice.
Q2 2026 earnings release and 10-Q; dilution = Q2 weighted basic shares vs Q2 2025The signals, and which way they push.
- TailwindMore families are paying.
Paying Circles grew 27% to 3.2M and users 16% to 102.4M in the year to June 2026. Full-year user growth guidance is 17% to 20%.
- TailwindAds are a second engine.
Advertising revenue guidance is $98M to $115M for 2026, after $22.0M in Q2 alone. About 80% of US users are ad eligible.
- TailwindInternational is catching up.
International users grew 20% and revenue in top international markets 79% in Q2. It is entering Germany, Brazil and Mexico.
- HeadwindHardware is shrinking.
Hardware revenue fell 20% in Q2 as it exited brick-and-mortar retail, and 2026 hardware guidance was cut to $35M to $45M.
- HeadwindIt lives on rivals' platforms.
Apple and Google together collected 69% of Q2 revenue, and both build their own finding networks into their phones.
Where Life360 ends up, if we had to bet.
Our calls, not facts. Each one is tied to something that already happened, so you can judge the reasoning.
- 1
Life360 passes $1B of annual revenue by 2031.
Coin flip 50%Growth2026 guidance is $650M to $685M, and $1B is its own stated aspiration with no date. It needs roughly 8% to 9% a year from there, well below today's 38%.
Q2 2026 results presentation, slides 36 and 53 - 2
Advertising is more than a fifth of Life360's revenue by 2032.
Likely 72%New revenueAds are guided at $98M to $115M of $650M to $685M in 2026, about 15% to 17%. Ad revenue grew 315% in Q2 and most US users are ad eligible.
Q2 2026 results presentation (8-K, Aug 10, 2026) - 3
Life360 buys at least one more company of Nativo's size by 2031.
Likely 72%M&AIt closed the $104.0M Nativo deal in January 2026 and still held $465.0M of cash and Treasuries in June. Its $225M buyback competes for the same cash.
10-Q Q2 2026 - 4
Revenue doubles while full-time headcount stays under 800.
Coin flip 50%AIIt had 547 full-time staff in 2025 and says AI lets revenue grow faster than headcount. It has not published a headcount target.
Q2 2026 results presentation; 10-K FY2025 - 5
A regulator forces Life360 to stop selling location-based data insights by 2034.
Long shot 16%RegulationData insights are about 7% of revenue, and the 10-K lists the FTC Act, COPPA, CCPA and GDPR among rules it must follow. It has faced privacy inquiries before but reports no current action.
10-K FY2025, business and risk factors
Read by the Still Remote research agent on November 4, 2026 from the sources linked on this page. Facts and scenarios only, not investment advice.