Alarm.com Holdings, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Alarm.com Holdings, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	261	339	420	502	618	749	843	882	940	1,011
Cost of revenue	99.4	116	146	184	227	306	343	325	326	342
Gross profit	162	223	275	319	391	443	500	557	614	669
Research and development	44.3	72.8	89.2	114	152	178	219	245	256	270
Selling and marketing	39	43.5	55.9	61.8	76	86.7	92.7	100	111	124
General and administrative	57.9	55.4	95.8	70	78.6	87.4	107	113	109	110
Operating expenses	148	189	263	268	334	381	449	490	505	535
Operating income	14.1	33.4	12.2	50.4	56.3	61.6	51	66.8	109	134
Interest expense							3.14	3.43	11.4	17.3
Interest income		1.03	2.27	4.92	0.87	0.59	8.76	29.8	47.4	45.6
Other non-operating income	0.51	0.04	0.14	6.54	25.6	-0.13	-0.06	4.62	-2.81	4.65
Pre-tax income	14.4	32.2	11.7	58.9	80.2	46.1	56.6	97.8	142	167
Income tax	4.23	2.99	-9.83	5.57	3.5	-5.11	0.96	17.5	19.3	37.6
Net income	10.2	29.3	21.5	53.5	77.9	52.3	56.3	81	124	133
EBITDA	20.5	51.1	33.9	72.5	83.8	91.3	81.9	98.3	138	164
EPS, basic	0.22	0.63	0.45	1.11	1.59	1.05	1.13	1.63	2.50	2.66
EPS, diluted	0.21	0.59	0.43	1.06	1.53	1.01	1.07	1.53	2.29	2.46
Shares, basic (weighted)	45.7	46.7	47.6	48.4	49	49.9	49.9	49.8	49.6	49.8
Shares, diluted (weighted)	47.9	49.2	49.7	50.3	51	51.9	54.9	54.6	58	58.9
Dividend per share	0.00	0.00

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	141	96.3	146	120	253	711	622	697	1,221	961
Receivables	29.8	40.6	49.5	76.4	83.3	106	124	131	126	142
Inventory	10.5	14.2	23	34.2	44.3	75.3	116	96.1	87.4	94.4
Other current assets	9.2	12.8	9.5	13.5	16.3	26.2	29.1	33	47.4	75.6
Total current assets	190	164	228	244	397	918	891	957	1,482	1,273
Property, plant and equipment	20.2	23.5	27.8	38.5	44.8	41.7	57.2	54.2	63.2	64.8
Lease right-of-use assets				30.5	33.5	30.5	28.9	24.2	53.4	52.6
Goodwill	24.7	63.6	63.6	105	113	113	148	154	154	225
Intangible assets	4.57	94.3	79.1	103	103	91.4	82.5	78.6	63.2	99.4
Long-term investments									17.2	227
Other non-current assets	4.84	7.93	13.6	17.5	18.2	24.3	37.4	39.5	24.2	43.1
Total assets	261	372	441	558	732	1,232	1,329	1,440	2,038	2,137
Accounts payable	18.3	17	20.2	32.9	38.2	64.8	53.1	39	65.6	22.2
Accrued liabilities	5.3	4.3	34.6	10.1	11.4	19.9	17.5	21.6	29.4	51.4
Deferred revenue	2.59	3.29	3.36	3.04	4.04	5.7	7.54	10.2	12.9	16.4
Total current liabilities	39.7	44.5	75.3	75.8	90.2	129	165	175	189	663
Long-term debt	6.7	71	67	63	110	425	490	494	983	490
Lease liabilities				37.2	37.7	32.6	27.4	20.5	65.5	67.6
Other non-current liabilities	13.6	13.9	13.3	7.49	6.81	9.55	13.1	12.7	15.5	11.7
Total liabilities	70	139	163	191	253	606	707	715	1,267	1,246
Total debt	6.7	71	67	63	110
Paid-in capital	309	321	341	366	406	499	497	532	521	550
Retained earnings	-118	-88.7	-64	-10.5	66.6	119	185	266	390	523
Treasury stock	0			0	-5.15	-5.15	-84	-111	-186	-228
Other comprehensive income	0						0	1.4	0.82	2.69
Shareholders' equity	191	233	278	356	468	613	599	689	727	848
Total equity	191	233	278	356	468	613	599	689	727	848
Total liabilities and equity	261	372	441	558	732	1,232	1,329	1,440	2,038	2,137
Shares outstanding	46.1	47.2	48.1	48.7	49.5	50.3	49.5	49.9	49.6	49.6

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	10.2	29.3	21.5	53.3	76.7	51.2	55.6	80.3	123	132
Depreciation and amortization	6.49	17.7	21.7	22.1	27.5	29.7	30.9	31.4	29.1	30.8
Stock-based compensation	4	7.41	13.4	20.6	29.2	38.7	52.7	47.3	41.2	33.2
Deferred income tax	-4.83	2.49	-11.5	2.6	-3.26	-10.1	-55	-47.7	-34.5	30
Change in receivables	-11.2	-1.91	-9.3	-22.3	-10.1	-23.9	-24.3	-10.5	0.27	-15.7
Change in inventory	-4.07	-3.34	-8.81	-6.98	-10.6	-31.4	-40.3	21	8.56	-5.6
Change in payables								4.61	20.1	-46.5
Cash from operations	22.6	57.2	60.7	47.1	102	103	56.9	136	206	153
Capital expenditures	-9.06	-10.5	-11	-19.3	-16.1	-11.1	-28.6	-7.52	-10.1	-16.3
Acquisitions	0	-154	0	-58.8	-26.3	0	-31.7	-9.7	0	-113
Purchases of investments	-0.14	-0.04	0
Sales and maturities of investments	0
Cash from investing	-11.4	-169	-13.4	-73.4	-20.3	-20.4	-68.3	-26	-24.7	-358
Debt repaid	0					0	0	-3.04	0	0
Stock issued	1.1	2.6	5.2	2.5	10.2	4.2	2.5	2	8.3	2.7
Share buybacks	-0.01	-0.01	-0	0	-5.15	0	-78.8	-27.3	-75	-41.6
Dividends paid	0	0
Cash from financing	1.1	67.3	2.4	-0.13	52	374	-76.3	-31.9	346	-55
Exchange rate effect						0	0	0.07	-0.11	-0.17
Net change in cash	12.3	-44.3	49.7	-26.4	134	457	-87.7	78.2	528	-260
Free cash flow	13.5	46.7	49.7	27.8	85.9	92.1	28.3	128	196	137
Interest paid	0.18	2.01	2.7	2.73	2.43	0.11	0	0.19	5.66	11.3
Income taxes paid	6.02	1.81	-2.05	2.25	7.37	4.15	7.45	64.6	68.2	45.4

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $53.38 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	65.8%	Gross profit / revenue.
Operating margin	12.8%	Operating income / revenue.
EBITDA margin	16.1%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	14.4%	Pre-tax income / revenue.
Net margin	11.1%	Net income / revenue.
FCF margin	17.7%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	18.8%	Cash from operations / revenue.
Effective tax rate	25.2%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	13.6%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	7.1%	Net income / average total assets.
Return on invested capital (ROIC)	26.4%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	26.0%	Research and development expense / revenue.
Stock-based pay / revenue	2.9%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	1.1%	Capital expenditures / revenue.
D&A / revenue	3.2%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	7.6%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	6.3%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	10.3%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	9.0%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	10.2%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	11.4%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	23.1%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	37.8%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	18.9%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	19.4%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	26.2%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	14.4%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	6.8%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	33.0%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	11.2%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	7.4%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	32.0%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	10.0%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-25.7%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	39.2%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	8.5%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-30.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	69.3%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	9.8%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	16.7%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	12.3%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	12.6%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	4.8%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	17.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	23.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	1.6%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	2.4%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	2.9%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	4.96x	Current assets / current liabilities.
Quick ratio	3.97x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	2.97x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	45.1%	Total liabilities / total assets.
Interest coverage	8.57x	Operating income / interest expense.
Working capital	$639.8M	Current assets - current liabilities.
Goodwill and intangibles / assets	18.9%	(Goodwill + intangible assets) / total assets.
Tangible book value	$552.0M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.64x	Revenue / average total assets.
Fixed asset turnover	15.6x	Revenue / average property, plant and equipment.
Inventory turnover	3.84x	Cost of revenue / average inventory.
Days inventory	95 days	365 x average inventory / cost of revenue.
Receivables turnover	6.56x	Revenue / average receivables.
Days sales outstanding	56 days	365 x average receivables / revenue.
Days payables	30 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	121 days	Days inventory + days sales outstanding - days payables.
FCF conversion	159.2%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	5.7%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$2.11	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$18.97	Revenue / diluted weighted shares.
FCF per share	$3.36	Free cash flow / diluted weighted shares.
Operating cash flow per share	$3.56	Cash from operations / diluted weighted shares.
Book value per share	$17.63	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$11.26	Tangible book value / shares outstanding.
Cash per share	$9.78	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	40.7%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$2.62B	Share price x shares outstanding.
Enterprise value	$2.14B	Market cap + total debt - cash - short-term investments.
P/E	22.2x	Market cap / net income. Only when net income is positive.
P/S	2.47x	Market cap / revenue.
P/B	3.03x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	4.75x	Market cap / tangible book value, when positive.
P/FCF	14.0x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	13.2x	Market cap / cash from operations, when positive.
EV/Sales	2.02x	Enterprise value / revenue.
EV/EBIT	15.7x	Enterprise value / operating income, when both are positive.
EV/EBITDA	12.6x	Enterprise value / EBITDA, when both are positive.
EV/FCF	11.4x	Enterprise value / free cash flow, when both are positive.
FCF yield	7.2%	Free cash flow / market cap.
Earnings yield	4.5%	Net income / market cap (the inverse of P/E).
Shareholder yield	2.9%	(Dividends paid + share buybacks) / market cap.
PEG	0.69x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was Alarm.com Holdings, Inc.'s revenue in fiscal 2025?

Alarm.com Holdings, Inc. reported revenue of $1.01B for fiscal 2025, 7.6% higher than the year before.

Was Alarm.com Holdings, Inc. profitable in fiscal 2025?

Yes. Net income was $132.6M, a net margin of 13.1%.

How much free cash flow did Alarm.com Holdings, Inc. generate in fiscal 2025?

Cash from operations of $153.3M minus capital expenditures of $16.3M left free cash flow of $137.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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