Oura takes step toward IPO with S-1 filing, revealing $1.4 billion in revenue
Oura took a step closer to becoming a public company by filing its S-1 on Thursday.
Oura, the company behind the popular Oura Ring, has taken a significant step towards going public by filing its S-1 paperwork. This filing, which is required for an initial public offering (IPO), reveals that the smart-ring maker generated $1.4 billion in revenue and reported a net income of $59 million over the past year, ending in June.
Our revenue has seen a remarkable 74% increase year-over-year, as our company compares the first three quarters of fiscal year 2026 to the same period in 2025. Despite this growth, Oura has a history of operating losses and has only recently started to turn a profit. The filing also clarifies that there is no assurance of maintaining profitability in future periods.
With 5 million paid members as of June, Oura is set to list on the Nasdaq under the ticker symbol OURA. The company's journey to becoming a publicly traded entity is a significant milestone in its growth trajectory.
Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
