ALRM

MKT CAP:$2B

Alarm.com Holdings, Inc.

Market Cap

$2B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Technology·Software App·🇺🇸·NASDAQ

Stock Price

$44.73-$6.51 (-12.70%)

Apr 24, 2026

Company Details

Alarm.com Holdings, Inc. provides cloud-based solutions for smart residential and commercial properties in the United States and internationally. It operates in two segments, Alarm.com and Other. The company provides interactive security so...

CEO

Stephen S. Trundle

IPO Date

Jun 26, 2015

Website

www.alarm.com

Key Metrics TTM

Revenue

$978M

+12.4% YoY

Net Income

$135M

EPS (Diluted)

$2.51

Free Cash Flow

$184M

Revenue / Share

$17.29

Gross Margin

64.5%

Operating Margin

12.9%

Net Margin

13.8%

FCF Margin

18.8%

P/S

2.3x

P/E

16.4x

Earnings Reports

Q1 2026

May 14, 2026

PENDING

Q4 2025

Feb 19, 2026

$262M+8.0%EPS $0.66

Q4 2024

Feb 20, 2025

$242M+7.1%EPS $0.56

Q3 2024

Nov 7, 2024

$240MEPS $0.67

Q2 2024

Aug 8, 2024

$234MEPS $0.62

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 18	$111M	$73M	$8M
Q1 19	$112M	$73M	$9M
Q2 19	$122M	$77M	$14M
Q3 19	$128M	$80M	$12M
Q4 20	$166M	$106M	$13M
Q1 21	$172M	$107M	$15M
Q2 21	$189M	$111M	$17M
Q4 21	$195M	$113M	$11M
Q2 22	$213M	$126M	$11M
Q4 22	$208M	$129M	$14M
Q4 23	$226M	$145M	$26M
Q1 24	$223M	$147M	$19M
Q2 24	$234M	$153M	$26M
Q3 24	$240M	$156M	$33M
Q4 24	$242M	$159M	$31M
Q4 25	$262M	$164M	$36M

Valuation

Quarter	P/S	P/E
Q4 18	5.3x	103.2x
Q1 19	5.0x	111.0x
Q2 19	4.9x	96.3x
Q3 19	4.7x	45.9x
Q4 20	4.2x	39.3x
Q1 21	3.8x	35.7x
Q2 21	3.4x	35.1x
Q4 21	3.1x	40.6x
Q2 22	2.9x	44.8x
Q4 22	2.8x	42.1x
Q4 23	2.6x	32.0x
Q1 24	2.6x	26.5x
Q2 24	2.5x	20.9x
Q3 24	2.4x	17.8x
Q4 24	2.4x	17.9x
Q4 25	2.3x	16.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 18	$26M	$23M
Q1 19	-$1M	-$4M
Q2 19	$24M	$21M
Q3 19	$980.0K	-$5M
Q4 20	$35M	$30M
Q1 21	$21M	$17M
Q2 21	$24M	$21M
Q4 21	$20M	$18M
Q2 22	$26M	$2M
Q4 22	$34M	$34M
Q4 23	$40M	$37M
Q1 24	$50M	$47M
Q2 24	$23M	$21M
Q3 24	$77M	$75M
Q4 24	$56M	$54M
Q4 25	$36M	$35M

Capital Expenditures

Quarter	CapEx
Q4 18	$3M
Q1 19	$3M
Q2 19	$3M
Q3 19	$6M
Q4 20	$5M
Q1 21	$4M
Q2 21	$3M
Q4 21	$2M
Q2 22	$24M
Q4 22	$556.0K
Q4 23	$3M
Q1 24	$3M
Q2 24	$2M
Q3 24	$3M
Q4 24	$2M
Q4 25	$860.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 18	+25.5%	+35.2%
Q1 19	+21.1%	+27.7%
Q2 19	+16.4%	+12.1%
Q3 19	+14.3%	-10.0%
Q4 20	+48.6%	+47.7%
Q1 21	+53.6%	+52.7%
Q2 21	+55.2%	+60.0%
Q4 21	+52.7%	+59.5%
Q2 22	+28.5%	+32.4%
Q4 22	+20.7%	+23.0%
Q4 23	+19.8%	+16.5%
Q1 24	+14.3%	+10.9%
Q2 24	+9.8%	+3.2%
Q3 24	+15.5%	+7.0%
Q4 24	+7.1%	+5.4%
Q4 25	+17.2%	+10.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 18	$4M	3.4%
Q1 19	$4M	3.8%
Q2 19	$5M	4.5%
Q3 19	$5M	3.9%
Q4 20	$0	0.0%
Q1 21	$0	0.0%
Q2 21	$0	0.0%
Q4 21	$0	0.0%
Q2 22	$13M	6.0%
Q4 22	$0	0.0%
Q4 23	$11M	4.8%
Q1 24	$11M	5.0%
Q2 24	$11M	4.8%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 18	$24M	$18M	$16M
Q1 19	$26M	$19M	$13M
Q2 19	$28M	$14M	$16M
Q3 19	$29M	$19M	$15M
Q4 20	$39M	$23M	$24M
Q1 21	$42M	$23M	$19M
Q2 21	$43M	$23M	$21M
Q4 21	$48M	$23M	$25M
Q2 22	$54M	$29M	$23M
Q4 22	$57M	$25M	$24M
Q4 23	$61M	$24M	$26M
Q1 24	$66M	$29M	$25M
Q2 24	$66M	$26M	$28M
Q3 24	$62M	$26M	$27M
Q4 24	$62M	$28M	$31M
Q4 25	$66M	$28M	$35M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q4 18	25.5%	13.5%	39.0
Q1 19	21.1%	15.1%	36.2
Q2 19	16.4%	17.8%	34.2
Q3 19	14.3%	22.1%	36.4
Q4 20	48.6%	14.7%	63.3
Q1 21	53.6%	14.5%	68.1
Q2 21	55.2%	14.3%	69.6
Q4 21	52.7%	10.8%	63.5
Q2 22	28.5%	10.9%	39.4
Q4 22	20.7%	14.4%	35.0
Q4 23	19.8%	22.7%	42.5
Q1 24	14.3%	16.8%	31.1
Q2 24	9.8%	19.5%	29.4
Q3 24	15.5%	24.5%	40.0
Q4 24	7.1%	22.4%	29.5
Q4 25	17.2%	23.0%	40.2

Rule of 40

Revenue Segments

Quarter	Hardware and Other Revenue	License and Service
Q4 18	$34M	$78M
Q2 19	$39M	$82M
Q3 19	$43M	$85M
Q4 20	$60M	$105M
Q1 21	$65M	$107M
Q2 21	$76M	$113M
Q4 21	$74M	$122M
Q2 22	$83M	$129M
Q1 24	$73M	$150M
Q2 24	$78M	$156M
Q3 24	$81M	$159M
Q4 25	$81M	$180M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$672M	$0	$672M
Q2 22	$643M	$0	$643M
Q3 22	$621M	$0	$621M
Q4 22	$622M	$0	$622M
Q1 23	$606M	$0	$606M
Q2 23	$627M	$0	$627M
Q3 23	$680M	$0	$680M
Q4 23	$697M	$0	$697M
Q1 24	$748M	$0	$748M
Q2 24	$1.1B	$0	$1.1B
Q3 24	$1.2B	$0	$1.2B
Q4 24	$1.2B	$0	$1.2B
Q1 25	$1.2B	$0	$1.2B
Q2 25	$1.0B	$0	$1.0B
Q3 25	$1.1B	$0	$1.1B
Q4 25	$963M	$0	$963M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 18	50M	+4.3%	+1.1%
Q1 19	50M	+0.6%	+1.8%
Q2 19	50M	+0.2%	+1.6%
Q3 19	50M	-0.3%	+4.9%
Q4 20	51M	+2.5%	+3.0%
Q1 21	52M	+0.7%	+3.1%
Q2 21	52M	+0.0%	+2.9%
Q4 21	52M	+0.3%	+3.5%
Q2 22	55M	+5.4%	+6.6%
Q4 22	55M	-0.4%	+5.4%
Q4 23	55M	+0.2%	+5.5%
Q1 24	55M	+0.8%	+6.0%
Q2 24	57M	+3.0%	+3.5%
Q3 24	60M	+5.5%	+9.6%
Q4 24	60M	+0.3%	+9.8%
Q4 25	57M	-5.6%	+2.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 18	$222.8K	500
Q1 19	$224.7K	500
Q2 19	$243.3K	500
Q3 19	$255.8K	500
Q4 20	$117.9K	1K
Q1 21	$122.9K	1K
Q2 21	$134.5K	1K
Q4 21	$130.2K	2K
Q2 22	$141.9K	2K
Q4 22	$120.1K	2K
Q4 23	$113.7K	2K
Q1 24	$112.3K	2K
Q2 24	$117.6K	2K
Q3 24	$120.9K	2K
Q4 24	$120.5K	2K
Q4 25	$127.1K	2K

Revenue / Employee