vs
Side-by-side financial comparison of TPG Mortgage Investment Trust, Inc. (MITT) and Owlet, Inc. (OWLT). Click either name above to swap in a different company.
Owlet, Inc. is the larger business by last-quarter revenue ($26.6M vs $20.4M, roughly 1.3× TPG Mortgage Investment Trust, Inc.). TPG Mortgage Investment Trust, Inc. runs the higher net margin — 65.0% vs -34.6%, a 99.6% gap on every dollar of revenue. On growth, Owlet, Inc. posted the faster year-over-year revenue change (29.6% vs 17.7%). Over the past eight quarters, Owlet, Inc.'s revenue compounded faster (34.2% CAGR vs 9.1%).
TPG Mortgage Investment Trust, Inc. is a real estate investment trust managed by global alternative asset firm TPG. It primarily invests in residential and commercial mortgage-backed securities, performing and non-performing mortgage loans, and other credit-linked real estate assets, with its core market being the United States. It generates returns via net interest income from holdings and strategic asset disposition gains.
Owlet, Inc. is a pediatric health technology firm that develops smart wearable monitoring products for infants, most notably its signature smart sock that tracks real-time heart rate, oxygen levels, and sleep metrics. It serves global consumer markets across North America, Europe, and Asia-Pacific, distributing products via direct-to-consumer e-commerce and partnered retail outlets, focused on supporting parental peace of mind and infant health safety.
MITT vs OWLT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $20.4M | $26.6M |
| Net Profit | $13.3M | $-9.2M |
| Gross Margin | — | 47.6% |
| Operating Margin | 67.1% | -18.4% |
| Net Margin | 65.0% | -34.6% |
| Revenue YoY | 17.7% | 29.6% |
| Net Profit YoY | -7.0% | -1.5% |
| EPS (diluted) | $0.27 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $20.4M | $26.6M | ||
| Q3 25 | $19.5M | $32.0M | ||
| Q2 25 | $17.8M | $26.1M | ||
| Q1 25 | $18.8M | $21.1M | ||
| Q4 24 | $17.4M | $20.5M | ||
| Q3 24 | $14.9M | $22.1M | ||
| Q2 24 | $16.4M | $20.7M | ||
| Q1 24 | $17.2M | $14.8M |
| Q4 25 | $13.3M | $-9.2M | ||
| Q3 25 | $20.0M | $4.1M | ||
| Q2 25 | $3.9M | $-37.6M | ||
| Q1 25 | $11.5M | $3.0M | ||
| Q4 24 | $14.3M | $-9.1M | ||
| Q3 24 | $16.6M | $-5.6M | ||
| Q2 24 | $3.9M | $-1.1M | ||
| Q1 24 | $20.9M | $3.3M |
| Q4 25 | — | 47.6% | ||
| Q3 25 | — | 50.6% | ||
| Q2 25 | — | 51.3% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | — | 53.5% | ||
| Q3 24 | — | 52.2% | ||
| Q2 24 | — | 49.5% | ||
| Q1 24 | — | 44.4% |
| Q4 25 | 67.1% | -18.4% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | 20.9% | -7.4% | ||
| Q1 25 | 54.6% | -12.7% | ||
| Q4 24 | 76.7% | -36.2% | ||
| Q3 24 | — | -21.8% | ||
| Q2 24 | 18.4% | -10.8% | ||
| Q1 24 | — | -39.0% |
| Q4 25 | 65.0% | -34.6% | ||
| Q3 25 | 102.5% | 12.9% | ||
| Q2 25 | 22.2% | -144.4% | ||
| Q1 25 | 60.9% | 14.3% | ||
| Q4 24 | 82.2% | -44.2% | ||
| Q3 24 | 111.3% | -25.4% | ||
| Q2 24 | 24.0% | -5.5% | ||
| Q1 24 | 121.6% | 22.2% |
| Q4 25 | $0.27 | — | ||
| Q3 25 | $0.47 | $-0.06 | ||
| Q2 25 | $-0.05 | $-2.37 | ||
| Q1 25 | $0.21 | $0.11 | ||
| Q4 24 | $0.30 | $-0.15 | ||
| Q3 24 | $0.40 | $-0.61 | ||
| Q2 24 | $-0.02 | $-0.30 | ||
| Q1 24 | $0.55 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $57.8M | $35.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $560.7M | $19.0M |
| Total Assets | $8.7B | $85.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $57.8M | $35.5M | ||
| Q3 25 | $59.0M | $23.8M | ||
| Q2 25 | $88.7M | $21.8M | ||
| Q1 25 | $115.5M | $16.3M | ||
| Q4 24 | $118.7M | $20.2M | ||
| Q3 24 | $102.5M | $21.6M | ||
| Q2 24 | $120.9M | $15.4M | ||
| Q1 24 | $100.3M | $18.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $2.1M | ||
| Q1 24 | — | $4.0M |
| Q4 25 | $560.7M | $19.0M | ||
| Q3 25 | $559.8M | $-54.1M | ||
| Q2 25 | $536.4M | $-59.2M | ||
| Q1 25 | $543.9M | $-25.8M | ||
| Q4 24 | $543.4M | $-29.8M | ||
| Q3 24 | $540.1M | $-21.5M | ||
| Q2 24 | $533.5M | $-33.4M | ||
| Q1 24 | $539.6M | $-32.9M |
| Q4 25 | $8.7B | $85.6M | ||
| Q3 25 | $9.0B | $74.9M | ||
| Q2 25 | $7.5B | $63.5M | ||
| Q1 25 | $7.3B | $51.4M | ||
| Q4 24 | $6.9B | $49.5M | ||
| Q3 24 | $7.0B | $56.1M | ||
| Q2 24 | $7.1B | $45.9M | ||
| Q1 24 | $6.4B | $43.8M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $59.6M | $-452.0K |
| Free Cash FlowOCF − Capex | — | $-651.0K |
| FCF MarginFCF / Revenue | — | -2.5% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | 4.48× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-11.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.6M | $-452.0K | ||
| Q3 25 | $17.4M | $-2.2M | ||
| Q2 25 | $11.5M | $-2.2M | ||
| Q1 25 | $12.0M | $-5.9M | ||
| Q4 24 | $55.8M | $3.0M | ||
| Q3 24 | $14.5M | $-7.5M | ||
| Q2 24 | $13.7M | $-3.4M | ||
| Q1 24 | $12.0M | $-3.4M |
| Q4 25 | — | $-651.0K | ||
| Q3 25 | — | $-2.2M | ||
| Q2 25 | — | $-2.3M | ||
| Q1 25 | — | $-5.9M | ||
| Q4 24 | — | $3.0M | ||
| Q3 24 | — | $-7.5M | ||
| Q2 24 | — | $-3.4M | ||
| Q1 24 | — | — |
| Q4 25 | — | -2.5% | ||
| Q3 25 | — | -6.8% | ||
| Q2 25 | — | -8.8% | ||
| Q1 25 | — | -28.1% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | — | -33.9% | ||
| Q2 24 | — | -16.3% | ||
| Q1 24 | — | — |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | 4.48× | — | ||
| Q3 25 | 0.87× | -0.52× | ||
| Q2 25 | 2.92× | — | ||
| Q1 25 | 1.05× | -1.96× | ||
| Q4 24 | 3.91× | — | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 3.50× | — | ||
| Q1 24 | 0.57× | -1.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MITT
Segment breakdown not available.
OWLT
| US | $22.7M | 85% |
| Non Us | $3.2M | 12% |
| Other | $651.0K | 2% |
