Oura set terms for an IPO of up to $2.2 billion
The smart ring maker's September 2026 filing showed revenue up 74% and five million paying members.
Kivorent News desk, published , 1 min read
$2.2Bthe most Oura's IPO could raise
This is a look back at an event from . We wrote it on November 11, 2026, from the sources listed at the end.
Oura launched its initial public offering on September 22, 2026, HLTH reported. The company and existing shareholders offered 50 million shares at $40 to $44 each, which could raise up to $2.2 billion. The shares are to list on Nasdaq under the ticker OURA.
The numbers
For the nine months to June 30:
| Revenue | $1.21 billion, up 74% |
| Net income | $60.8 million |
| Paid members | 5 million |
| Rings sold | 3.1 million |
Why it mattered
Oura sells a ring and then a monthly membership. Five million members paying each month is what separates it from a hardware company that depends on the next product.
The filing came three months after the Oura Ring 5, and described a push into healthcare, including heart and breathing monitoring.
This article is general information. It is not investment advice, and trading involves the risk of losing money.
Sources
Smart ringsIPOs and dealsWearables
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