Alarm.com (ALRM) financial statements
Alarm.com reported revenue of $1.0B in fiscal 2025, up 16.2% a year over 9 years.
Net income was $133M and the operating margin 13.2%, against 5.4% in 2016.
Free cash flow was $136M, and the company returned $42M in net buybacks.
The diluted share count rose 23% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Alarm.com's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $261M | $339M | $420M | $502M | $618M | $749M | $843M | $882M | $940M | $1.0B |
| Cost of revenue | $99M | $116M | $146M | $184M | $227M | $306M | $343M | $325M | $326M | $342M |
| Gross profit | $162M | $223M | $275M | $319M | $391M | $443M | $500M | $557M | $614M | $669M |
| Research and development | $44M | $73M | $89M | $114M | $152M | $178M | $219M | $245M | $256M | $270M |
| Selling, general and admin | $97M | $99M | $152M | $132M | $155M | $174M | $199M | $213M | $220M | $234M |
| Operating income | $14M | $33M | $12M | $50M | $56M | $62M | $51M | $67M | $109M | $134M |
| Interest expense | — | — | — | — | — | — | $3M | $3M | $11M | $17M |
| Pre-tax income | $14M | $32M | $12M | $59M | $80M | $46M | $57M | $98M | $142M | $167M |
| Income tax | $4M | $3M | -$10M | $6M | $4M | -$5M | $962,000 | $17M | $19M | $38M |
| Net income | $10M | $29M | $22M | $54M | $78M | $52M | $56M | $81M | $124M | $133M |
| EPS (diluted) | $0.21 | $0.59 | $0.43 | $1.06 | $1.53 | $1.01 | $1.07 | $1.53 | $2.29 | $2.46 |
| Diluted shares | 48M | 49M | 50M | 50M | 51M | 52M | 55M | 55M | 58M | 59M |
| Gross margin | 61.9% | 65.7% | 65.3% | 63.5% | 63.2% | 59.2% | 59.3% | 63.1% | 65.3% | 66.1% |
| Operating margin | 5.4% | 9.8% | 2.9% | 10.0% | 9.1% | 8.2% | 6.1% | 7.6% | 11.5% | 13.2% |
| Net margin | 3.9% | 8.6% | 5.1% | 10.7% | 12.6% | 7.0% | 6.7% | 9.2% | 13.2% | 13.1% |
Balance sheet
Fiscal years, from Alarm.com's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $141M | $96M | $146M | $120M | $253M | $711M | $622M | $697M | $1.2B | $961M |
| Receivables | $30M | $41M | $50M | $76M | $83M | $106M | $124M | $131M | $126M | $142M |
| Inventory | $11M | $14M | $23M | $34M | $44M | $75M | $116M | $96M | $87M | $94M |
| Total current assets | $190M | $164M | $228M | $244M | $397M | $918M | $891M | $957M | $1.5B | $1.3B |
| Property, plant and equipment | $20M | $23M | $28M | $39M | $45M | $42M | $57M | $54M | $63M | $65M |
| Goodwill | $25M | $64M | $64M | $105M | $113M | $113M | $148M | $154M | $154M | $225M |
| Total assets | $261M | $372M | $441M | $558M | $732M | $1.2B | $1.3B | $1.4B | $2.0B | $2.1B |
| Total current liabilities | $40M | $45M | $75M | $76M | $90M | $129M | $165M | $175M | $189M | $663M |
| Long-term debt | $7M | $71M | $67M | $63M | $110M | — | — | — | — | — |
| Total liabilities | $70M | $139M | $163M | $191M | $253M | $606M | $707M | $715M | $1.3B | $1.2B |
| Shareholders' equity | $191M | $233M | $278M | $356M | $468M | $613M | $599M | $689M | $727M | $848M |
| Net debt | -$134M | -$25M | -$79M | -$57M | -$143M | -$711M | -$622M | -$697M | -$1.2B | -$961M |
Cash flow
Fiscal years, from Alarm.com's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $23M | $57M | $61M | $47M | $102M | $103M | $57M | $136M | $206M | $153M |
| Capital spending | $9M | $10M | $11M | $19M | $16M | $11M | $29M | $8M | $12M | $18M |
| Free cash flow | $14M | $47M | $50M | $28M | $86M | $92M | $28M | $128M | $195M | $136M |
| Stock-based compensation | $4M | $7M | $13M | $21M | $29M | $39M | $53M | $47M | $41M | $33M |
| Dividends paid | $0 | $0 | — | — | — | — | — | — | — | — |
| Share buybacks (net) | -$11,000 | -$9,000 | -$1,000 | $0 | -$5M | $0 | -$79M | -$27M | -$75M | -$42M |
| Net borrowing | $0 | — | — | — | — | $0 | $0 | -$3M | $0 | $0 |
| Free cash flow margin | 5.2% | 13.8% | 11.8% | 5.5% | 13.9% | 12.3% | 3.4% | 14.5% | 20.7% | 13.4% |
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Open ALRM in InvestinglyQuestions
What was Alarm.com's revenue in 2025?
$1.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does Alarm.com generate?
$136M in fiscal 2025 (operating cash flow minus capital spending).
From Alarm.com's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.