What is Life360, Inc.'s contract liabilities?

Life360, Inc. (LIF) reported contract liabilities of $3.73M in Q1 2026.

How has Life360, Inc.'s contract liabilities changed year-over-year?

Life360, Inc.'s contract liabilities decreased by 22.9% year-over-year, from $4.85M to $3.73M.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

Life360, Inc. LIF Contract Liabilities

Contract Liabilities at other companies

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$24.54M+17.7%

SoundHound AI, Inc.SOUN

$6.76M-10.1%

Other financials

Income statement

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Revenue$143.1M+38.1%

Gross profit$110.6M+32.3%

Operating income-$8.1M-469%

Net income$2.8M-36.5%

EPS (diluted)$0.03-40.0%

Balance sheet

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Cash & equivalents$352.9M+107%

Total debt$263.0K-58.5%

Total equity$597.6M+58.8%

Total assets$1.0B+129%

Cash flow

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Operating cash flow$17.2M+42.7%

CapEx--100%

Free cash flow$17.2M+44.2%

Valuation

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Market cap$3.8B+12.9%

Profitability

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Gross margin77.1%+0.8pp

Operating margin1.6%—

Net margin28.2%—

FCF margin17.4%+9.2pp

Returns & leverage

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Return on equity30.6%—

Debt / equity0×0.0×

Current ratio5.4×+2.0×

Where this comes from

Reported directly by Life360, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: Life360, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Life360, Inc.'s contract liabilities?: Life360, Inc. (LIF) reported contract liabilities of $3.73M in Q1 2026.
How has Life360, Inc.'s contract liabilities changed year-over-year?: Life360, Inc.'s contract liabilities decreased by 22.9% year-over-year, from $4.85M to $3.73M.
What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.