Business & Finance

Oura files for initial public offering, disclosing $1.4 billion in annual revenue

The smart ring manufacturer plans a Nasdaq listing following recent profitability and reaching 5 million subscribers.

Updated Sep 3, 2026 · 22:18 UTC1 reports

The short version

Smart-ring maker Oura filed its registration paperwork on Thursday for an initial public offering on the Nasdaq.
Financial disclosures show $1.4 billion in revenue, $59 million in net income for the year ending in June, and 5 million paid subscribers.
The company cautioned prospective investors that it has a history of losses and cannot guarantee continued profitability.
A formal IPO timeline, pricing terms, and target valuation have not yet been announced.

Oura submitted its S-1 registration statement on Thursday to pursue an initial public offering.[Business Insider]
The company disclosed $1.4 billion in revenue and $59 million in net income for the 12-month period ending in June.[Business Insider]
Oura recorded a 74% year-over-year rise in revenue when comparing the first three quarters of fiscal 2026 to the equivalent timeframe in 2025.[Business Insider]
As of June, the company had reached 5 million paying members.[Business Insider]
Oura plans to list its shares on the Nasdaq stock exchange under the ticker symbol OURA.[Business Insider]

Oura noted in its filing that it only recently became profitable after a history of operating losses and cannot ensure profitability will be sustained.[Business Insider]
The exact timing, share count, and proposed price range for the public offering have not been disclosed.[Business Insider]