What is Life360, Inc.'s internally developed software not yet in service?

Life360, Inc. (LIF) reported internally developed software not yet in service of $3.3M in Q1 2026.

Life360, Inc. LIF Internally developed software not yet in service

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%

Cash & equivalents$352.9M+107%

Total debt$263.0K-58.5%

Total equity$597.6M+58.8%

Total assets$1.0B+129%

Operating cash flow$17.2M+42.7%

CapEx--100%

Free cash flow$17.2M+44.2%

Market cap$3.8B+12.9%

Gross margin77.1%+0.8pp

Operating margin1.6%—

Net margin28.2%—

FCF margin17.4%+9.2pp

Return on equity30.6%—

Debt / equity0×0.0×

Current ratio5.4×+2.0×

Reported directly by Life360, Inc. in its filing.

Tagged under the XBRL concept lifx:FiniteLivedIntangibleAssetsNetAssetsNotYetInService.

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

What is Life360, Inc.'s internally developed software not yet in service?: Life360, Inc. (LIF) reported internally developed software not yet in service of $3.3M in Q1 2026.
How has Life360, Inc.'s internally developed software not yet in service changed year-over-year?: Life360, Inc.'s internally developed software not yet in service increased by 125.7% year-over-year, from $1.46M to $3.3M.