Life360, Inc. reported unaudited financial results for the third quarter (Q3'26) ended September 30, 2026. The company announced total revenue of $174.1 million for the quarter, representing a 40% year-over-year increase. Subscription revenue for the period was $124.2 million, up 29% year-over-year, while advertising revenue reached $25.4 million, a 250% increase driven by the acquisition of Nativo.
On the user front, Life360 reported a record 188,000 net new Paying Circles, bringing the total to approximately 3.4 million, a 26% increase year-over-year. The company also added 5.3 million Monthly Active Users (MAU), bringing the global total to 107.7 million, a 17% increase year-over-year. International MAU crossed the 50 million mark for the first time.
Net income for the quarter was $22.5 million, a 130% increase year-over-year, which included a $17.5 million net gain on the fair value of investments. Adjusted EBITDA for Q3'26 was $34.6 million, an increase of 41% from the prior year. The company ended the quarter with $465.0 million in cash, cash equivalents, restricted cash, and short-term investments.
Regarding capital allocation, Life360 repurchased shares of common stock for an aggregate purchase consideration of $44.4 million under a multi-year program authorized in May 2026. The company stated that approximately $180.6 million remains available for future repurchases under the program.
