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Arlo Technologies vs Guardforce AI: revenue, profit, margins and growth compared

Arlo Technologies brought in $529.3M of revenue in fiscal 2025, Guardforce AI $36.3M in fiscal 2024. Revenue changed by +3.6% at Arlo Technologies and +0.2% at Guardforce AI on the year before, so Arlo Technologies grew faster. Arlo Technologies kept 2.8% of its revenue as net profit, Guardforce AI -16.1%.

Side by side, latest fiscal year

ARLOGFAI
Fiscal year endedFY2025 (December 31, 2025)FY2024 (December 31, 2024)
Revenue$529.3M$36.3M
Revenue growth+3.6%+0.2%
Net income$14.9M-$5.9M
Net margin2.8%-16.1%
Free cash flown/a-$3.6M
Free cash flow marginn/a-9.8%
Earnings per share (diluted)$0.14-$0.53
Cash$146.4M$21.9M
Debtn/a$44.2K
Price to earnings91.7n/a
Market value$1.4B$10.4M
Dividend yieldn/an/a
Rank by revenue in sector#565 of 955 · Consumer discretionary#789 of 955 · Consumer discretionary

Over the years

Revenue
ARLO FY2018: $464.9MARLO FY2019: $370MARLO FY2020: $357.2MARLO FY2021: $435.1MARLO FY2022: $490.4MARLO FY2023: $491.2MARLO FY2024: $510.9MARLO FY2025: $529.3MGFAI FY2020: $38.6MGFAI FY2020: $37.6MGFAI FY2021: $34.7MGFAI FY2022: $34MGFAI FY2023: $36.3MGFAI FY2024: $36.3MFY18FY19FY20FY21FY22FY23FY24FY25
ARLO $529.3MGFAI $36.3M
Net income
ARLO FY2018: -$75.5MARLO FY2019: -$86MARLO FY2020: -$101.3MARLO FY2021: -$56MARLO FY2022: -$56.6MARLO FY2023: -$22MARLO FY2024: -$30.5MARLO FY2025: $14.9MGFAI FY2020: $54KGFAI FY2020: $3.1MGFAI FY2021: -$5.5MGFAI FY2022: -$18.6MGFAI FY2023: -$29.6MGFAI FY2024: -$5.9MFY18FY19FY20FY21FY22FY23FY24FY25
ARLO $14.9MGFAI -$5.9M
Net margin
ARLO FY2018: -16.2%ARLO FY2019: -23.2%ARLO FY2020: -28.3%ARLO FY2021: -12.9%ARLO FY2022: -11.5%ARLO FY2023: -4.5%ARLO FY2024: -6.0%ARLO FY2025: 2.8%GFAI FY2020: 0.1%GFAI FY2020: 8.2%GFAI FY2021: -15.8%GFAI FY2022: -54.7%GFAI FY2023: -81.5%GFAI FY2024: -16.1%FY18FY19FY20FY21FY22FY23FY24FY25
ARLO 2.8%GFAI -16.1%
Revenue growth
ARLO FY2019: -20.4%ARLO FY2020: -3.5%ARLO FY2021: +21.8%ARLO FY2022: +12.7%ARLO FY2023: +0.2%ARLO FY2024: +4.0%ARLO FY2025: +3.6%GFAI FY2020: -2.4%GFAI FY2021: -7.9%GFAI FY2022: -2.0%GFAI FY2023: +6.8%GFAI FY2024: +0.2%FY19FY20FY21FY22FY23FY24FY25
ARLO +3.6%GFAI +0.2%
Free cash flow
ARLO FY2018: -$39.4MARLO FY2019: $2.5MARLO FY2020: -$50.4MARLO FY2021: -$25.5MARLO FY2022: -$48MARLO FY2023: $35.5MARLO FY2024: $48.6MGFAI FY2020: $4.6MGFAI FY2020: $3.5MGFAI FY2021: -$4.3MGFAI FY2022: -$21.8MGFAI FY2023: -$3.7MGFAI FY2024: -$3.6MFY18FY19FY20FY21FY22FY23FY24
ARLO $48.6MGFAI -$3.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Arlo Technologies and Guardforce AI

Which is bigger by revenue, Arlo Technologies or Guardforce AI?

Arlo Technologies is bigger by revenue: $529.3M in fiscal 2025, against $36.3M for Guardforce AI in fiscal 2024.

Which keeps more of its revenue as profit, Arlo Technologies or Guardforce AI?

Arlo Technologies had a net margin of 2.8% in fiscal 2025; Guardforce AI had -16.1% in fiscal 2024.

Which grew revenue faster, Arlo Technologies or Guardforce AI?

In their latest fiscal years revenue changed by +3.6% at Arlo Technologies and +0.2% at Guardforce AI.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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