Oura Health Files for U.S. IPO with Significant Revenue Growth

Here's what it means for you.
Investors are eyeing Oura's growth as a signal of increasing demand for health tech wearables.
What happened
Oura Health submitted its public S-1 registration statement for an IPO on September 3, 2026.
The Context
- Revenue Surge: Oura reported $1.2 billion in revenue for the nine months ending June 30, 2026, marking a 74% increase from the previous year.
- Strong Membership Base: The company boasts approximately 5 million paid members with an impressive 85% retention rate.
- Market Positioning: Oura aims for a valuation exceeding $16 billion, with plans to raise up to $3 billion through the IPO.
The Number
— This revenue figure highlights Oura's rapid growth trajectory, making it a key player in the health tech sector.
Takeaway
As Oura prepares for its Nasdaq listing, its performance could influence investor sentiment in the consumer health technology market.
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Oura files for a US IPO, reporting a $924.3M net loss on $1.21B in revenue for the nine months ended June 30, vs. a $182.8M net loss on $697.6M a year earlier (Subrat Patnaik/Bloomberg)
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