Fitbit, Inc. engages in the development of wearable device which tracks data of an individual's health. Its products include smartwatches, trackers, smart scales, and accessories. The company was founded by Eric N. Friedman and James Park in March 2007 and is headquartered in San Francisco, CA.
Company profile
Ticker
FIT
Exchange
Website
CEO
James Park
Employees
Location
Fiscal year end
Industry (SIC)
Apple • Dell • Super Micro Computer • Omnicell • Zepp Health • One Stop Systems • Socket Mobile • First Capital International • Sector 5 • Helo ...
Former names
FITBIT INC
SEC CIK
Corporate docs
Subsidiaries
Fitbit International Limited • Fitbit Holdings Unlimited Company • Fitbit Limited ...
FIT stock data
Investment data
Securities sold
Number of investors
Calendar
4 Nov 20
28 Sep 22
31 Dec 22
Financial summary
| Quarter (USD) | Oct 20 | Jul 20 | Apr 20 | Sep 19 | |
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| Diluted EPS |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 373.38M | 373.38M | 373.38M | 373.38M | 373.38M | 373.38M |
| Cash burn (monthly) | (no burn) | (no burn) | 17.06M | 26.68M | 4.38M | 8.64M |
| Cash used (since last report) | n/a | n/a | 406.9M | 636.41M | 104.44M | 206.01M |
| Cash remaining | n/a | n/a | -33.52M | -263.02M | 268.94M | 167.37M |
| Runway (months of cash) | n/a | n/a | -2.0 | -9.9 | 61.4 | 19.4 |
Institutional ownership, Q1 2022
5.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 98.28M |
| Total shares | 14.45M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Goldman Sachs & Co | 14.45M | $98.28M |
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Good
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New words:
accused, ALJ, Amazon, blood, CE, certified, Conformit, dedicated, EDA, electrodermal, examination, innovative, Ireland, matching, opposition, oxygen, prong, rhythm, saturation, score, Sense, sensor, speaker, temperature, undergo, version, withdrawing
Removed:
periodically, POP, reviewed, utilization
Financial reports
Current reports
8-K
Completion of Acquisition or Disposition of Assets
14 Jan 21
8-K
Results of Operations and Financial Condition
4 Nov 20
8-K
Other Events
28 Oct 20
8-K
Results of Operations and Financial Condition
5 Aug 20
8-K
Submission of Matters to a Vote of Security Holders
27 May 20
8-K
Results of Operations and Financial Condition
6 May 20
8-K
Fitbit Reports 2019 Fourth Quarter and Full Year Results
20 Feb 20
8-K
Submission of Matters to a Vote of Security Holders
6 Jan 20
8-K
Departure of Directors or Certain Officers
6 Nov 19
8-K
Results of Operations and Financial Condition
6 Nov 19
Registration and prospectus
15-12B
Securities registration termination
25 Jan 21
25-NSE
Exchange delisting
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Jan 21
S-8
Registration of securities for employees
26 Feb 20
S-8
Registration of securities for employees
28 Feb 19
Proxies
DEFA14A
Additional proxy soliciting materials
9 Apr 20
DEFA14A
Additional proxy soliciting materials
23 Dec 19
DEFM14A
Proxy related to merger
12 Dec 19
PREM14A
Preliminary proxy related to merger
25 Nov 19
DEFA14A
Additional proxy soliciting materials
6 Nov 19
DEFA14A
Additional proxy soliciting materials
1 Nov 19
DEFA14A
Additional proxy soliciting materials
1 Nov 19
DEFA14A
Additional proxy soliciting materials
11 Apr 19
DEF 14A
Definitive proxy
11 Apr 19
Other
SD
Conflict minerals disclosure
1 Jun 20
SD
Conflict minerals disclosure
31 May 19
CT ORDER
Confidential treatment order
3 Sep 18
SD
Conflict minerals disclosure
30 May 18
UPLOAD
Letter from SEC
26 Sep 17
CORRESP
Correspondence with SEC
17 Aug 17
CORRESP
Correspondence with SEC
27 Jul 17
UPLOAD
Letter from SEC
23 Jul 17
CORRESP
Correspondence with SEC
11 May 17
CORRESP
Correspondence with SEC
9 May 17
Ownership
SC 13G/A
FITBIT / AQR CAPITAL MANAGEMENT ownership change
16 Feb 21
SC 13G/A
FITBIT / VANGUARD ownership change
10 Feb 21
SC 13G/A
FITBIT / GOLDMAN SACHS & CO. ownership change
9 Feb 21
SC 13G/A
FITBIT / CITIGROUP ownership change
8 Feb 21
SC 13G/A
FITBIT / NORGES BANK ownership change
5 Feb 21
SC 13G/A
FITBIT / BlackRock ownership change
5 Feb 21
SC 13G/A
FITBIT / PARK JAMES ownership change
14 Jan 21
SC 13G/A
FITBIT / FRIEDMAN ERIC N. ownership change
14 Jan 21
4
FITBIT / JAMES PARK ownership change
14 Jan 21
4
FITBIT / STEVEN JOSEPH MURRAY ownership change
14 Jan 21
Patents
Utility
Sedentary Notification Management System for Portable Biometric Devices
15 Sep 22
Methods, systems, and computer programs are presented for holding the generation of alarm and congratulatory messages.
Utility
Multi-Wavelength Pulse Oximetry
8 Sep 22
In one embodiment, a method for creating a blood oxygen saturation (SpO2) value, the method comprises receiving one or more photoplethysmography (PPG) signals for SpO2 detection from one or more PPG sensors; receiving one or more PPG signals for characterizing a heart rate from the one or more PPG sensors; using the one or more PPG signals for SpO2 detection, forming one or more SpO2 datasets wherein the SpO2 datasets respectively comprise one or more noise components; removing the one or more noise components from the one or more SpO2 datasets that are inconsistent with a feature of the one or more PPG signals characterizing the heart rate to produce one or more filtered SpO2 datasets; and using the one or more filtered SpO2 datasets, creating and storing the SpO2.
Utility
Methods, systems and devices for physical contact activated display and navigation
6 Sep 22
Methods, systems and devices are provided for providing user interface navigation of screen display metrics of a device.
Utility
Wearable device straps and attachment hardware therefor
30 Aug 22
Low-profile latching mechanisms and related mechanical interfaces for allowing straps and other fastening accessories for limb-wearable devices are provided.
Utility
Methods, systems, and devices for improved skin temperature monitoring
30 Aug 22
The present disclosure provides computer-implemented methods, systems, and devices for improved skin temperature monitoring.
Transcripts
2019 Q2
Earnings call transcript
31 Jul 19
2019 Q1
Earnings call transcript
1 May 19
2018 Q4
Earnings call transcript
1 Mar 19
2018 Q3
Earnings call transcript
31 Oct 18
2018 Q2
Earnings call transcript
1 Aug 18
2018 Q1
Earnings call transcript
2 May 18
2017 Q4
Earnings call transcript
26 Feb 18
2017 Q3
Earnings call transcript
1 Nov 17