Oura files for a Nasdaq IPO with revenue up 74 per cent after 3.6 million rings sold
Oura filed a preliminary prospectus with the Securities and Exchange Commission on 3 September, reporting nine-month revenue of 1,214.5 million dollars against 697.6 million dollars a year earlier and 5.0 million paid members at the end of June. TechCrunch reported that the smart-ring maker sold 3.6 million rings over the past year and holds an approximately 85 per cent 12-month membership retention rate, and that it plans to trade under the ticker OURA.
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Oura's own numbers from the filing
Oura filed a preliminary prospectus with the Securities and Exchange Commission on 3 September, listing revenue for the nine months to 30 June 2026 at 1,214.5 million dollars against 697.6 million dollars in the same period a year earlier. The filing put paid membership at 5.0 million as of the end of June, and left the number of shares on offer and the price range blank, marking the document as preliminary. Oura said it plans to trade on the Nasdaq under the ticker OURA once the listing proceeds.[1]
What TechCrunch adds about the business
TechCrunch reported that Oura, the Finland-founded smart-ring maker, sold 3.6 million rings over the past year and now counts an approximately 85 per cent weighted-average 12-month membership retention rate, meaning most members who sign up in a given month are still subscribed a year later. The outlet said the rings sell for between 350 and 400 dollars and are paired with a subscription app that Oura markets as an always-on health intelligence platform, built on a dataset it says spans nearly 42 billion hours of physiological data across more than 50 health and wellness metrics. TechCrunch reported that Oura, which confidentially filed for its offering in May, had been valued at about 11 billion dollars last October and was said to be seeking a valuation near 16 billion dollars in the listing.[2]
One offering, two accounts
Oura's own filing and TechCrunch's reporting on it describe the same offering from two angles: the prospectus supplies the audited revenue and membership figures, while the outlet's account adds the unit economics and market context behind them. Revenue of 1,214.5 million dollars over nine months, up from 697.6 million dollars a year earlier, sits alongside TechCrunch's count of 3.6 million rings sold and an 85 per cent retention rate, figures that describe the same subscriber base from different angles of the business. The filing's still-blank share count and price range leave the offering's eventual size open, even as TechCrunch's reporting points to a listing valuation well above the roughly 11 billion dollars Oura carried after its last private round.[1], [2]
