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Owlet vs Trimble: revenue, profit, margins and growth compared

Owlet brought in $105.7M of revenue in fiscal 2025, Trimble $3.6B in fiscal 2025. Revenue changed by +35.4% at Owlet and -2.6% at Trimble on the year before, so Owlet grew faster. Owlet kept -37.5% of its revenue as net profit, Trimble 11.8%. Free cash flow was -$11.1M at Owlet and $360.9M at Trimble.

Side by side, latest fiscal year

OWLTTRMB
Fiscal year endedFY2025 (December 31, 2025)FY2025 (January 2, 2026)
Revenue$105.7M$3.6B
Revenue growth+35.4%-2.6%
Net income-$39.7M$424M
Net margin-37.5%11.8%
Free cash flow-$11.1M$360.9M
Free cash flow margin-10.5%10.1%
Earnings per share (diluted)-$2.31$1.76
Cash$35.5M$253.4M
Debt$13M$1.4B
Price to earningsn/a32.9
Market value$147.3M$13.5B
Dividend yieldn/an/a
Rank by revenue in sector#378 of 451 · Industrials#157 of 451 · Industrials

Over the years

Revenue
OWLT FY2020: $75.4MOWLT FY2021: $75.8MOWLT FY2021: $69.2MOWLT FY2023: $54MOWLT FY2023: $78.1MOWLT FY2025: $105.7MTRMB FY2018: $3.1BTRMB FY2019: $3.3BTRMB FY2020: $3.2BTRMB FY2021: $3.7BTRMB FY2022: $3.7BTRMB FY2023: $3.8BTRMB FY2024: $3.7BTRMB FY2025: $3.6BFY18FY19FY20FY21FY22FY23FY24FY25
OWLT $105.7MTRMB $3.6B
Net income
OWLT FY2020: -$10.5MOWLT FY2021: -$71.7MOWLT FY2021: -$79.3MOWLT FY2023: -$32.9MOWLT FY2023: -$12.5MOWLT FY2025: -$39.7MTRMB FY2018: $282.8MTRMB FY2019: $514.3MTRMB FY2020: $389.9MTRMB FY2021: $492.7MTRMB FY2022: $449.7MTRMB FY2023: $311.3MTRMB FY2024: $1.5BTRMB FY2025: $424MFY18FY19FY20FY21FY22FY23FY24FY25
OWLT -$39.7MTRMB $424M
Net margin
OWLT FY2020: -14.0%OWLT FY2021: -94.5%OWLT FY2021: -114.6%OWLT FY2023: -60.9%OWLT FY2023: -16.1%OWLT FY2025: -37.5%TRMB FY2018: 9.0%TRMB FY2019: 15.7%TRMB FY2020: 12.4%TRMB FY2021: 13.5%TRMB FY2022: 12.2%TRMB FY2023: 8.2%TRMB FY2024: 40.8%TRMB FY2025: 11.8%FY18FY19FY20FY21FY22FY23FY24FY25
OWLT -37.5%TRMB 11.8%
Revenue growth
OWLT FY2021: +0.6%OWLT FY2021: -8.8%OWLT FY2023: -22.0%OWLT FY2023: +44.5%OWLT FY2025: +35.4%TRMB FY2019: +4.4%TRMB FY2020: -3.6%TRMB FY2021: +16.1%TRMB FY2022: +0.5%TRMB FY2023: +3.3%TRMB FY2024: -3.0%TRMB FY2025: -2.6%FY19FY20FY21FY22FY23FY24FY25
OWLT +35.4%TRMB -2.6%
Free cash flow
OWLT FY2020: -$1.1MOWLT FY2021: -$41.5MOWLT FY2021: -$82MOWLT FY2023: -$23.5MOWLT FY2023: -$11.2MOWLT FY2025: -$11.1MTRMB FY2018: $419.1MTRMB FY2019: $516MTRMB FY2020: $615.2MTRMB FY2021: $704.4MTRMB FY2022: $348MTRMB FY2023: $555.1MTRMB FY2024: $497.8MTRMB FY2025: $360.9MFY18FY19FY20FY21FY22FY23FY24FY25
OWLT -$11.1MTRMB $360.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Owlet and Trimble

Which is bigger by revenue, Owlet or Trimble?

Trimble is bigger by revenue: $3.6B in fiscal 2025, against $105.7M for Owlet in fiscal 2025.

Which keeps more of its revenue as profit, Owlet or Trimble?

Owlet had a net margin of -37.5% in fiscal 2025; Trimble had 11.8% in fiscal 2025.

Which grew revenue faster, Owlet or Trimble?

In their latest fiscal years revenue changed by +35.4% at Owlet and -2.6% at Trimble.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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