Arlo Technologies, Inc. ARLO

Industrials SIC 7381 - Services-Detective, Guard & Armored Car Services NAICS Administrative and Support and Waste Management and Remediation Services › Administrative and Support Services › Investigation and Security Services › Investigation, Guard, and Armored Car Services derived NYSE

Arlo Technologies, Inc. ("we" or "Arlo") is transforming the ways in which people can protect everything that matters to them with advanced home, business, and personal security services that combine a globally scaled cloud platform, advanced monitoring and analytics capabilities, and award-winning app-controlled devices to create a personalized security ecosystem. Arlo's deep expertise in cloud services, cutting-edge artificial intelligence ("AI") and computer vision analytics, wireless connectivity and intuitive user experience design delivers seamless, smart home security for Arlo users that is easy to setup and engage with every day. Our highly secure, cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection – all rooted in a commitment to safeguard privacy for our users and their personal data.

Last close 13.03 2026-10-23
Market cap $1.40B 2026-06-28 share count
52-week range 11.05 - 19.94

Valuation FY2025 figures against the last close

P/S2.6x
P/E93.1x
P/FCF17.8x
EV/EBITDA140.2x
Dividend yield—
Diluted EPS0.14

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Spain
  • Sweden
  • Other countries
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 328.8M (62.1%) 62% United States Spain, FY2025: 108.1M (20.4%) 20% Spain Sweden, FY2025: 46.8M (8.8%) 9% Sweden Other countries, FY2025: 45.6M (8.6%) 9% FY2024 United States, FY2024: 256.7M (50.3%) 50% Spain, FY2024: 137.7M (26.9%) 27% Sweden, FY2024: 49.6M (9.7%) 10% Other countries, FY2024: 66.8M (13.1%) 13% FY2023 United States, FY2023: 299.4M (60.9%) 61% Spain, FY2023: 113.8M (23.2%) 23% Sweden, FY2023: 29.5M (6.0%) 6% Other countries, FY2023: 48.5M (9.9%) 10%
Region FY2025FY2024FY2023
United States $328.8M $256.7M $299.4M
Spain $108.1M $137.7M $113.8M
Sweden $46.8M $49.6M $29.5M
Other countries $45.6M $66.8M $48.5M

As the company reported it, from the “Segment and Geographic Information - Schedule of Net Revenue by Geographic Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $529.3M$510.9M$491.2M$490.4M$435.1M$357.2M$370.0M$464.9M$370.7M$184.6M
Cost of revenue $296.5M$323.4M$323.6M$354.4M$327.1M$301.8M$334.2M$372.8M$279.4M$146.6M
Gross profit $232.8M$187.5M$167.6M$136.0M$108.0M$55.4M$35.8M$92.1M$91.2M$38.0M
R&D $73.7M$73.2M$68.6M$64.7M$59.1M$60.1M$69.4M$58.8M$34.7M$24.4M
SG&A $66.1M$72.1M$56.4M$55.9M$49.5M$51.1M$47.6M$28.2M$15.1M$8.3M
Total operating expenses $226.8M$222.4M$192.5M$192.9M$168.2M$160.3M$121.0M$166.8M$85.5M$51.2M
Operating income $6.1M-$34.9M-$24.9M-$56.9M-$60.1M-$104.9M-$85.2M-$74.8M$5.7M-$13.1M
Interest expense ——$3.9M$926.0K$11.0K$802.0K$2.7M$1.2M$0$0
Pre-tax income $15.7M-$29.4M-$20.9M-$55.7M-$55.4M-$100.6M-$81.6M-$74.7M$7.7M-$13.7M
Income tax $741.0K$1.1M$1.2M$975.0K$677.0K$625.0K$4.4M$772.0K$1.1M$83.0K
Net income $14.9M-$30.5M-$22.0M-$56.6M-$56.0M-$101.3M-$86.0M-$75.5M$6.5M-$13.7M
EPS, basic 0.14-0.31-0.24-0.65-0.68-1.30-1.14-1.120.11-0.22
EPS, diluted 0.14-0.31-0.24-0.65-0.68-1.30-1.14-1.120.11-0.22
Shares, diluted (wtd. avg.) 110.2M98.6M92.8M87.2M82.7M78.1M75.1M67.2M62.2M62.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $146.4M$82.0M$56.5M$88.2M$179.9M$190.3M$240.8M$155.4M$108.0K$220.0K
Short-term investments ——————$20.0M$49.7M——
Receivables $39.7M$57.3M$65.4M$66.0M$79.6M$77.6M$127.3M$166.0M$158.5M—
Inventory $41.2M$40.6M$38.4M$46.6M$38.4M$64.7M$68.6M$124.8M——
Total current assets $260.5M$262.6M$250.5M$232.8M$303.6M$356.5M$469.6M$515.5M——
Property, plant and equipment $13.2M$4.8M$4.8M$7.3M$9.6M$15.8M$21.4M$49.4M——
Goodwill $11.0M$11.0M$11.0M$11.0M$11.0M$11.0M$11.0M$15.6M——
Other intangibles —————$0$1.3M$2.8M——
Total assets $310.5M$298.4M$285.5M$272.2M$347.5M$414.0M$542.7M$595.9M——
Accounts payable $42.8M$63.8M$55.2M$52.1M$84.1M$62.2M$111.7M$82.5M——
Total current liabilities $172.3M$176.8M$161.5M$162.3M$210.9M$237.3M$293.9M$282.0M——
Total liabilities $182.7M$197.5M$182.3M$184.5M$234.8M$280.2M$339.3M$326.4M——
Retained earnings -$383.0M-$398.0M-$367.5M-$345.4M-$288.8M-$232.8M-$131.5M-$45.8M——
Total equity $127.8M$100.9M$103.3M$87.7M$112.7M$133.8M$203.4M$269.5M$125.4M$73.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $78.7M$51.3M$38.3M-$46.0M-$23.2M-$46.5M$9.2M-$17.7M-$39.0M-$33.1M
Depreciation and amortisation $3.9M$3.2M$4.7M$4.8M$6.0M$10.2M$10.7M$5.3M$3.7M$2.1M
Stock-based compensation $62.3M$68.7M$47.9M$48.5M$38.0M$35.2M$22.9M$8.8M$2.5M$1.5M
Capital expenditure —$2.7M$2.8M$2.0M$2.3M$3.9M$6.7M$21.7M$3.6M$1.5M
Investing cash flow $27.8M$10.8M-$50.7M-$31.8M$17.7M-$4.0M$76.3M-$71.3M-$4.3M-$10.3M
Financing cash flow -$42.1M-$40.8M-$15.1M-$13.9M-$5.0M-$23.0K-$38.0K$244.3M$43.2M$43.6M
Buybacks $45.6M$4.4M$0$0——————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-016680.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -200M 0 200M 400M 600M Revenue, FY2016: 184.6M Gross profit, FY2016: 38M Net income, FY2016: -13.7M Revenue, FY2017: 370.7M Gross profit, FY2017: 91.2M Net income, FY2017: 6.5M Revenue, FY2018: 464.9M Gross profit, FY2018: 92.1M Net income, FY2018: -75.5M Revenue, FY2019: 370M Gross profit, FY2019: 35.8M Net income, FY2019: -86M Revenue, FY2020: 357.2M Gross profit, FY2020: 55.4M Net income, FY2020: -101.3M Revenue, FY2021: 435.1M Gross profit, FY2021: 108M Net income, FY2021: -56M Revenue, FY2022: 490.4M Gross profit, FY2022: 136M Net income, FY2022: -56.6M Revenue, FY2023: 491.2M Gross profit, FY2023: 167.6M Net income, FY2023: -22M Revenue, FY2024: 510.9M Gross profit, FY2024: 187.5M Net income, FY2024: -30.5M Revenue, FY2025: 529.3M Gross profit, FY2025: 232.8M Net income, FY2025: 14.9M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $184.6M $370.7M $464.9M $370.0M $357.2M $435.1M $490.4M $491.2M $510.9M $529.3M
Gross profit $38.0M $91.2M $92.1M $35.8M $55.4M $108.0M $136.0M $167.6M $187.5M $232.8M
Net income -$13.7M $6.5M -$75.5M -$86.0M -$101.3M -$56.0M -$56.6M -$22.0M -$30.5M $14.9M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Shareholder vote Item 5.07
  • Results announced Item 2.02
  • Annual report filed Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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