Arlo Technologies, Inc., together with its subsidiaries, provides cloud-based platform services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. The company offers Arlo Essential Cameras and Doorbells delivers smart home protection, including automated privacy shield, 360-degree coverage, and 2K video resolution; Arlo Home Security System, an all-in-one multi-sensor that provides access to security experts for monitoring and responding to emergency situations; ARLO PRO 6, a pro series wireless security cameras; ARLO ULTRA 3, a 4K HDR video resolution, auto-zoom and tracking and an expansive 180-degree field of view camera; Arlo Go 2, a camera for monitoring remote areas, large properties, construction sites, vacation homes, boat or RV slips, and hard-to-access areas; and Arlo Floodlight Camera, a wire-free floodlight camera. It also provides security system accessories, charging accessories, and mounts. In addition, the company offers Arlo Secure subscriptions, including AI-powered recognition and detection; 2K secure plan and 4K secure plus plan cloud-based video recording; unlimited cameras; advanced object detection; smart interactive notifications; smoke and CO alarm detection; cloud-based activity zone; call a friend; and 24/7 priority support and professional monitoring services; Arlo Total Security, a subscription which provides 24/7 professional monitoring and security hardware; Arlo Safe, a personal safety app that offers one-touch emergency response, family safety, and crash detection and response services; and Arlo SmartCloud, a SaaS solution that delivers security cloud services for business. It sells its products through retailers, wholesale distributors, broadcast channels, wireless carriers, and security solution providers, as well as through its website. Arlo Technologies, Inc. was incorporated in 2018 and is headquartered in Carlsbad, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $529M | $10M | $15M | $67M | 11.7% | 3.6% | -148.9% |
| 2024 | $511M | $-32M | $-31M | $49M | -30.2% | 4.0% | 38.4% |
| 2023 | $491M | $-20M | $-22M | $35M | -21.3% | 0.2% | -61.1% |
| 2022 | $490M | $-52M | $-57M | $-48M | -64.6% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 490.41 | 491.18 | 510.89 | 529.30 |
| Cost Of Revenue | - | 354.38 | 323.61 | 323.38 | 296.46 |
| Gross Profit | - | 136.04 | 167.56 | 187.50 | 232.84 |
| Operating Expense | - | 192.91 | 192.47 | 222.40 | 226.77 |
| Operating Income | - | -56.88 | -24.90 | -34.89 | 6.07 |
| EBITDA | - | -52.11 | -20.24 | -31.69 | 10 |
| EBIT | - | -56.88 | -24.90 | -34.89 | 6.07 |
| Pretax Income | - | -55.65 | -20.86 | -29.41 | 15.67 |
| Tax Provision | - | 0.98 | 1.18 | 1.09 | 0.74 |
| Net Income | - | -56.63 | -22.04 | -30.50 | 14.93 |
| Net Income Common Stockholders | - | -56.63 | -22.04 | -30.50 | 14.93 |
| Total Expenses | - | 547.29 | 516.08 | 545.78 | 523.23 |
| Interest Income | - | 0.93 | 3.94 | 5.58 | 5.45 |
| Research And Development | - | 64.71 | 68.65 | 73.18 | 73.65 |
| Selling General And Administration | - | 126.01 | 122.51 | 145.86 | 150.94 |
| Normalized EBITDA | - | -52.11 | -20.24 | -31.69 | 5.86 |
| Normalized Income | - | -56.63 | -22.04 | -30.50 | 10.98 |
| Market Cap | 1,560.09 | 1,560.09 | 1,560.09 | 1,560.09 | 1,560.09 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Arlo Technologies, Inc.this co. | ARLO | - | 104.52β premium | 12.20 | 11.7% | 142.01 |
| The Eastern Company | EML | $134M | 22.70 | 1.08 | 5.7% | 9.14 |
| DMC Global Inc. | BOOM | $129M | - | 0.53 | -4.2% | 9.35 |
| Byrna Technologies Inc. | BYRN | $128M | 15.72 | 1.93 | 14.7% | 9.07 |
| JELD-WEN Holding, Inc. | JELD | $123M |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.33 |
| -673.6% |
| 29.19 |
| Forrester Research, Inc. | FORR | $121M | - | 0.95 | -94.3% | 3.10 |
| Arq, Inc. | ARQ | $96M | - | 0.57 | -31.3% | 34.71 |
| Mobile Infrastructure Corporation | BEEP | $80M | - | 0.55 | -13.5% | 26.61 |
| Southland Holdings, Inc. | SLND | $60M | - | -0.42 | 231.3% | -1.74 |
| Peer Median | - | 19.21 | 0.76 | -8.8% | 9.25 | |