(LIF) Q1 2026 Earnings Transcript

Life360 reports strong Q1 2026 results, driven by subscriptions and new advertising disclosures. Total revenue reached $143.1 million, up 38%, with subscription revenue at $108.2 million (up 32%) and advertising revenue at $19.7 million, a 329% increase following the Nativo acquisition. Hardware revenue was $4.5 million, while other revenue climbed 30% to $10.7 million. MAU grew 17% as paying circles reached 3 million, and ARPP(C) hit an all-time high. Gross margin stood at 77%, down from 81%, reflecting product mix shifts. Operating expenses rose 46%, led by a 29% R&D uptick and 62% higher marketing and sales spend. Adjusted EBITDA was $17.1 million (12% margin). Free cash flow remained positive, with $459 million in cash and equivalents and total assets above $1 billion. For the full year, Life360 now guides revenue between $650 million and $685 million, with subscriptions of $470–$475 million and advertising of $98–$115 million, while AI initiatives and the Nativo integration underpin the outlook.