Sleep Cycle Q2 2025: Inital take – solid profitability and growing partnership sales - Redeye

Redeye comments on Sleep Cycle’s Q2 report, which was broadly in line with expectations. While subscriber growth remained weak due to softness in the app store segment, partnership sales continued to grow. Profitability was solid and came in above forecast, with an EBIT margin of 28%, and the strategic shift towards more diversified revenue streams is progressing well, providing a reassuring outlook for the business.

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