Business & Finance
Oura files for Nasdaq listing following revenue and subscriber growth
The health-tracking ring manufacturer reported $1.21 billion in revenue and plans a US public offering expected to exceed its previous $11 billion valuation.
The short version
- Health-tracking smart ring maker Oura has publicly filed to list its shares on the Nasdaq stock exchange.
- The company reported turning profitable with $60.8 million in net income and $1.21 billion in revenue across the nine months ending June 30.
- Its subscription customer base reached 5 million active users, doubling compared to the prior year.
- The upcoming initial public offering is targeted for later this month, with the final offering price and market valuation yet to be determined.
Key facts
- Oura made its registration public to list shares on the Nasdaq stock exchange, aiming to debut as soon as late September 2026.[The Guardian]
- The company recorded $1.21 billion in revenue and $60.8 million in profit for the nine months through June 30, up from $1.6 million in profit during the same period the previous year.[The Guardian]
- Oura's membership base doubled year-over-year to 5 million subscribers, generating $240.5 million in recurring subscription revenue over nine months.[The Guardian]
- Hardware sales made up roughly 80% of total revenue, with rings priced between $349 and $499.[The Guardian]
- Founded in Finland in 2013 and based in San Francisco, the company was previously valued at $11 billion after raising $900 million in 2025.[The Guardian]
What remains uncertain
- The precise initial public offering price, share count, and final valuation have not yet been established, though market expectations place the valuation above its previous $11 billion benchmark.[The Guardian]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.
- Health-tracking smart ring maker Oura to list on US stock marketThe Guardian - World