- Record second quarter global net additions of 185,000 Paying Circles
- Total revenue grew 38% year-over-year
- Annualised monthly revenue uncreased 29% year-over-year
- Record Q2 advertising revenue of US$22 million
Leading family location safety app. developer Life360 (ASX:360) has released record financial results for the second quarter ended June 30, 2026.
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The company achieved its highest-ever total revenue of US$159 million driven by outstanding results in both subscription and advertising revenue.
CEO, Lauren Antonoff, said the company achieved its highest-ever Q2 Paying Circle net additions and record total revenue while monthly active users (MAU) returned to the growth trajectory the company outlined last quarter.
“This quarter, Life360 crossed 100 million monthly active users-proof of the trust millions of families place in us to stay connected, coordinated, and safe,” Mt Antonoff said.
“Disciplined execution drove strong Paying Circle growth and put MAU back on the growth trajectory we outlined last quarter. With the Life360 Ads Platform integration largely complete, we’re now focused on building awareness and commercial momentum.
“In Q3, we’re furthering our commitment to serve all life stages—from pet parents to kids and aging adults-reinforcing our position as the platform that makes everyday family life better.”
CFO, Russell Burke, said quarterly revenue grew 38% year-over-year to US$159 million while the annualised monthly revenue of US$537.2 million was up 29% year-over-year on the back of strong subscription growth globally.
“Advertising revenue reached a record US$22 million in the quarter as the Life360 Advertising Platform continues to gain momentum post integration.
“We ended Q2’26 with US$467.7 million in cash, cash equivalents, restricted cash, and short-term investments, and we generated operating cash flows of $23.8 million, up 79% year-over-year.”
The company has forecast revenue growth will accelerate into the back half of 2026.
Continued strength in its core subscription business and advertising platform entering its strongest seasonal window will drive total revenue growth.
“We will continue to invest in strategic initiatives including international expansion, advertising platform scaling, our AI labs and product innovation, while remaining committed to balancing growth investment with margin expansion,” Mr Burke said.
360 is steady at $29.48 with a Mkt cap of $7.169B prior to markets opening.
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