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Alarm.com Holdings, Inc. (ALRM) stock

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NASDAQ: ALRM Nasdaq Application Software Next results ~November 5, 2026

C+ Fundamentals grade

Alarm.com Holdings, Inc. is a US-listed company in the application software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$80

Cash-flow model

Base case. Range ~$62–$100 across our lower- and higher-growth cases (3%–13% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 18% below our base value.

Price used: $66.03, November 2, 2026

Alarm.com Holdings, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 7 selling4 purchases and 19 sales by directors and officers, last 12 monthsInsider trades
  • Funds161 adding, 141 cuttingOf 50 active managers that changed their stake, 24 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Alarm.com Holdings files

Where Alarm.com stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.06bn, up 8.7% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin held at 17.6%. The diluted share count is down 5.3% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 5 of our 7 financial-health checks. Our cash-flow model value is $70.32 a share, against a share price of $64.33. At that price, our model says the market is pricing in about 5.6% a year of cash-flow growth for five years, close to the 7.2% a year revenue growth it has delivered.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Alarm.com Holdings, Inc.'s trailing-twelve-month revenue grew 8.7% year on year, with a free-cash-flow margin of 17.6%. Where it stands out: change in share count of -5.3% ranks 11 of 163 application software companies we cover.

Our discounted-cash-flow model values the business at ~$80 per share in the base case (~$62–$100 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 14.6% while net income fell 9.0%: a 24pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $66.03 is 21% below our value per share of $80.
  • Shrinking share count. Diluted shares fell 5.3% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.77 against an average estimate of $0.65: beat by 18.9%
Revenue
$278m, up 9.2% on a year earlier
Share reaction
+1.5% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Guidance given
saaS and license revenue $189.8m to $190m (third quarter of 2026); saaS and license revenue $754m to $754.4m (full year of 2026)
Next report
November 5, 2026; average EPS estimate $0.75

Alarm.com Holdings' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.8%
  • 1 week+2.2%
  • 1 month+20.8%
  • This year+29.4%
  • 1 year+34.2%
  • 5 years-24.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.1B
Operating margin
12.8%
Net margin
11.1%
EPS (TTM, diluted)
$2.07

Growth

Revenue growth
+8.7%
Change in growth rate
+0.1 pts
Share count change
−5.3%

Cash

Free cash flow (TTM)
$187M
FCF margin
17.6%
Stock pay % of revenue
2.9%

Earnings

Last results
August 6, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Insider trade
  4. Results
  5. Guidance
  6. Results
  7. Product

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Alarm.com Holdings, Inc. valuation models and calculator

What the price is pricing in

The share price implies about 3.5% a year of cash-flow growth for five years.That is close to the 7.2% a year revenue growth Alarm.com Holdings has delivered.

  • Priced in3.5%
  • Last 12 months8.7%
  • 3 years a year7.3%
  • 5 years a year7.2%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($66.14, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$80
Price used
$66.14close November 3, 2026
Implied change
▲ +21%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Alarm.com Holdings, Inc.'s free cash flow after stock-based pay with after-tax interest added back ($156M, FY2026 Q2 TTM), growing 5.5% and 7% in the next two years (forecasts, guidance and its record), then back to 8% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$62–~$100 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Alarm.com Holdings, Inc.'s free cash flow after stock-based pay ( $156M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Alarm.com Holdings, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.6%: the 10-year Treasury yield (4.9%) plus a beta of 1.04 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$80 ~$62–$100 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$43 ~$35–$71 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$29 ~$20–$43 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$28 ~$24–$33 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$52 ~$28–$80 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Alarm.com Holdings, Inc. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −23%
  • Revenue growth 5 points higher ▲ +30%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▲ +5%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $55$71$93$121$159$207
8.5% $44$56$71$92$118$153
10% $37$47$59$74$95$121

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$16.68$27.83$37.75$51.87$42.97$103.45$84.81$49.48$64.62$60.80$51.02$66.03
Market value$804m$1.3bn$1.9bn$2.6bn$2.2bn$5.3bn$4.4bn$2.7bn$3.5bn$3.5bn$3.0bn$3.8bn
+ Net debt (− = net cash)−$122m−$134m−$25m−$79m−$57m−$143m−$711m−$622m−$697m−$1.2bn−$961m−$479m
Enterprise value$683m$1.2bn$1.8bn$2.5bn$2.1bn$5.1bn$3.7bn$2.1bn$2.8bn$2.3bn$2.0bn$3.3bn
Multiples
Price / sales 3.9x5.1x5.5x6.1x4.3x8.5x5.9x3.2x4.0x3.8x3.0x3.5x
Price / earnings 68.3x131.2x63.4x119.8x40.4x67.7x84.3x48.2x43.6x28.4x22.7x31.9x
Price / free cash flow 45.5x98.4x39.7x51.9x77.7x61.3x47.8x96.2x27.5x18.0x21.9x20.0x
EV / EBITDA 28.7x58.3x35.8x73.7x29.0x61.2x40.5x25.6x28.8x16.7x12.4x19.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

58 /100

Moderate moat

How hard Alarm.com Holdings's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 21.8% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 63.6%, moving by 2.5 percentage points (standard deviation) across 10 years.

  • Durability 7 / 20

    Operating margin has been a median 9.2%; its worst year was 3.3%.

  • Cash conversion 16 / 20

    Free cash flow was positive in 10 of 10 years, at a median 10.9% of revenue.

  • Discipline 11 / 20

    The diluted share count rose 10.3% over five years; stock-based pay has been a median 4.1% of revenue.

AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (72 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $266m and EPS of $0.75 (range $0.69 to $0.79) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.92 +12% $1.1bn +7%
Next $3.08 +5% $1.1bn +5%

Next year's EPS estimate has moved +3.6% in 90 days, across 6 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +5.3% on 90 days ago. In the last 30 days, 6 analysts raised Alarm.com Holdings, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Alarm.com Holdings, Inc., last 90 days
$2.70 $2.80 $2.90 $3.00 $3.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.78 Current fiscal year, 60 days ago: $2.89 Current fiscal year, 30 days ago: $2.89 Current fiscal year, 7 days ago: $2.89 Current fiscal year, Now: $2.92 $2.92 Next fiscal year, 90 days ago: $2.97 Next fiscal year, 60 days ago: $3.07 Next fiscal year, 30 days ago: $3.07 Next fiscal year, 7 days ago: $3.07 Next fiscal year, Now: $3.08 $3.08

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.78$2.97
60 days ago $2.89$3.07
30 days ago $2.89$3.07
7 days ago $2.89$3.07
Now $2.92$3.08

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.65 $0.77 +18.9%
Mar 2026 $0.60 $0.65 +7.6%
Dec 2025 $0.64 $0.72 +12.2%
Sept 2025 $0.61 $0.76 +24.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 6, 2026
  • Total revenue full year of 2026 $1.079bn to $1.0894bn Raised
    “Total revenue is expected to be in the range of $1.0790 billion to $1.0894 billion, which includes anticipated hardware and other revenue in the range of $325.0 million to $335.0 million.” source
  • Non-GAAP adjusted net income attributable to common stockholders per diluted share full year of 2026 $2.92 to $2.94 Non-GAAP Raised
    “Based on an expected 56.3 million weighted average diluted shares outstanding, non-GAAP adjusted net income attributable to common stockholders is expected to be $2.92 to $2.94 per diluted share.” source
  • SaaS and license revenue full year of 2026 $754m to $754m Raised
    “SaaS and license revenue is now expected to be in the range of $754.0 million to $754.4 million, up $10.2 million from the midpoint of the full year of 2026 SaaS and license revenue guidance provided in February 2026.” source
  • Hardware and other revenue full year of 2026 $325m to $335m Raised
    “Total revenue is expected to be in the range of $1.0790 billion to $1.0894 billion, which includes anticipated hardware and other revenue in the range of $325.0 million to $335.0 million.” source
  • Non-GAAP adjusted EBITDA full year of 2026 $221m to $223m Non-GAAP Raised
    “Non-GAAP adjusted EBITDA expectations are being increased to a range of $221.0 million to $223.0 million.” source
  • Non-GAAP adjusted net income attributable to common stockholders full year of 2026 $156m to $157m Non-GAAP Raised
    “Non-GAAP adjusted net income attributable to common stockholders is expected to be in the range of $156.0 million to $157.0 million, based on an estimated tax rate of 21.0%.” source
Show 2 more items
  • estimated tax rate full year of 2026 about 21% Non-GAAP
    “Non-GAAP adjusted net income attributable to common stockholders is expected to be in the range of $156.0 million to $157.0 million, based on an estimated tax rate of 21.0%.” source
  • SaaS and license revenue third quarter of 2026 $190m to $190m
    “SaaS and license revenue is expected to be in the range of $189.8 million to $190.0 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Alarm.com Holdings, Inc.'s revenue by +5.5% next year and +7.0% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+4.5%, weight 52%) , management guidance (+4.6%, weight 21%) and the company's own record (+8.0%, weight 28%) . How the weights are set.

Analyst recommendations

6 analysts, Nov 2026
Buy350%
Hold233%
Sell117%

Monthly trend

  1. Nov 202612216
  2. Oct 202612216

Counts of recommendations published by analysts covering Alarm.com Holdings, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.5%
of tradable shares
Days to cover
6.46
at average volume
Short interest, 1 month
+5%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
5.6%
of shares
Employees
2,051
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +34.2%

$49.22 on October 31, 2025 to $66.03

ThenNowEffect
Revenue (last 12 months) $976m $1.1bn +8.7%
Net margin 13.3% 11.1% −16.3%
P/E multiple 22.8x 31.9x +39.6%
Share count 60m 57m +5.6%

Biggest factor: p/e multiple.

Last 3 years +26.2%

$52.33 on November 3, 2023 to $66.03

ThenNowEffect
Revenue (last 12 months) $858m $1.1bn +23.7%
Net margin 7.8% 11.1% +43.1%
P/E multiple 42.9x 31.9x −25.7%
Share count 55m 57m −4.0%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ALRM−18%−42%+31%−6%−16%+29%
Industry peers (median)−7%−50%+19%+2%−21%−14%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ALRM42%25%67%25%25%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ALRM−30%−44%−22%−31%−26%−19%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 61% from January 13, 2021 to May 12, 2026. Getting back needed a 156% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$42.13 – $66.54
From 52-week high
−0.8%
vs 50-day average
+15.5%
vs 200-day average
+31.7%
Volatility (1 year)
30%
Beta vs S&P 500
0.41

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±4.1%
After a week
8 up, 4 down
typical move ±5.9%
After a month
6 up, 6 down
typical move ±7.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +1.5% +0.5% −1.5% −0.3%
May 7, 2026 +4.8% +0.5% −6.8% −1.2%
February 19, 2026 +0.8% +0.5% +7.7% −1.9%
November 6, 2025 +4.6% −1.0% +5.7% +9.6%
August 7, 2025 −2.4% +0.7% +1.8% +2.2%
May 8, 2025 +5.0% +0.6% +10.0% +10.7%
February 20, 2025 −1.9% −2.1% −4.3% −6.9%
November 7, 2024 +9.5% +1.2% +3.3% +17.7%
August 8, 2024 −5.0% +2.8% −6.3% −13.9%
May 9, 2024 −1.0% +0.7% +1.5% −8.7%
February 22, 2024 +4.3% +2.1% +9.8% +5.9%
November 9, 2023 +8.8% +0.8% +11.7% +12.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Alarm.com Holdings, Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Alarm.com Holdings, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Alarm.com Holdings, Inc.
$850M $900M $950M $1B $1.1B $1.1B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $863.6M Revenue (TTM), FY23 Q4: $881.7M Revenue (TTM), FY24 Q1: $895.2M Revenue (TTM), FY24 Q2: $905.2M Revenue (TTM), FY24 Q3: $923.8M Revenue (TTM), FY24 Q4: $939.8M Revenue (TTM), FY25 Q1: $955.4M Revenue (TTM), FY25 Q2: $975.9M Revenue (TTM), FY25 Q3: $991.8M Revenue (TTM), FY25 Q4: $1B Revenue (TTM), FY26 Q1: $1B Revenue (TTM), FY26 Q2: $1.1B $1.1B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $863.6M
FY23 Q4 $881.7M
FY24 Q1 $895.2M
FY24 Q2 $905.2M
FY24 Q3 $923.8M
FY24 Q4 $939.8M
FY25 Q1 $955.4M
FY25 Q2 $975.9M
FY25 Q3 $991.8M
FY25 Q4 $1B
FY26 Q1 $1B
FY26 Q2 $1.1B
Revenue growth, TTM YoY Alarm.com Holdings, Inc.
4% 6% 8% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 4.1% Revenue growth, TTM YoY, FY23 Q4: 4.6% Revenue growth, TTM YoY, FY24 Q1: 5.7% Revenue growth, TTM YoY, FY24 Q2: 5.5% Revenue growth, TTM YoY, FY24 Q3: 7.0% Revenue growth, TTM YoY, FY24 Q4: 6.6% Revenue growth, TTM YoY, FY25 Q1: 6.7% Revenue growth, TTM YoY, FY25 Q2: 7.8% Revenue growth, TTM YoY, FY25 Q3: 7.4% Revenue growth, TTM YoY, FY25 Q4: 7.6% Revenue growth, TTM YoY, FY26 Q1: 8.6% Revenue growth, TTM YoY, FY26 Q2: 8.7% 8.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 4.1%
FY23 Q4 4.6%
FY24 Q1 5.7%
FY24 Q2 5.5%
FY24 Q3 7.0%
FY24 Q4 6.6%
FY25 Q1 6.7%
FY25 Q2 7.8%
FY25 Q3 7.4%
FY25 Q4 7.6%
FY26 Q1 8.6%
FY26 Q2 8.7%
Operating margin (TTM) Alarm.com Holdings, Inc.
6% 8% 10% 12% 14% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 6.4% Operating margin (TTM), FY23 Q4: 7.6% Operating margin (TTM), FY24 Q1: 8.6% Operating margin (TTM), FY24 Q2: 9.5% Operating margin (TTM), FY24 Q3: 11.2% Operating margin (TTM), FY24 Q4: 11.5% Operating margin (TTM), FY25 Q1: 12.5% Operating margin (TTM), FY25 Q2: 12.9% Operating margin (TTM), FY25 Q3: 13.1% Operating margin (TTM), FY25 Q4: 13.2% Operating margin (TTM), FY26 Q1: 13.1% Operating margin (TTM), FY26 Q2: 12.8% 12.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 6.4%
FY23 Q4 7.6%
FY24 Q1 8.6%
FY24 Q2 9.5%
FY24 Q3 11.2%
FY24 Q4 11.5%
FY25 Q1 12.5%
FY25 Q2 12.9%
FY25 Q3 13.1%
FY25 Q4 13.2%
FY26 Q1 13.1%
FY26 Q2 12.8%
FCF margin (TTM) Alarm.com Holdings, Inc.
12% 14% 16% 18% 20% 22% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 14.4% FCF margin (TTM), FY23 Q4: 14.5% FCF margin (TTM), FY24 Q1: 20.1% FCF margin (TTM), FY24 Q2: 18.2% FCF margin (TTM), FY24 Q3: 19.3% FCF margin (TTM), FY24 Q4: 20.7% FCF margin (TTM), FY25 Q1: 17.4% FCF margin (TTM), FY25 Q2: 16.7% FCF margin (TTM), FY25 Q3: 15.6% FCF margin (TTM), FY25 Q4: 13.4% FCF margin (TTM), FY26 Q1: 16.2% FCF margin (TTM), FY26 Q2: 17.6% 17.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 14.4%
FY23 Q4 14.5%
FY24 Q1 20.1%
FY24 Q2 18.2%
FY24 Q3 19.3%
FY24 Q4 20.7%
FY25 Q1 17.4%
FY25 Q2 16.7%
FY25 Q3 15.6%
FY25 Q4 13.4%
FY26 Q1 16.2%
FY26 Q2 17.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Alarm.com Holdings took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $1B
  2. Other income $36.6M · 3.6%
  3. Cost of revenue $342M · 33.9%
  4. Gross profit $669M · 66.1%
  5. Research and development $270M · 26.7%
  6. Selling, general and admin $234M · 23.2%
  7. Other operating costs $30.8M · 3.0%
  8. Operating income $134M · 13.2%
  9. Income tax $37.6M · 3.7%
  10. Net income $133M · 13.1%

Shares of revenue. Source: Alarm.com Holdings's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 130 167 209 261 339 420 502 618 749 843 882 940 1,011 1,061
Gross profit 75 100 132 162 223 275 319 391 443 500 557 614 669 698
EBITDA 11 25 24 21 51 34 73 84 91 82 98 138 164 170
Operating income 7 21 18 14 33 12 50 56 62 51 67 109 134 136
Net income 5 14 12 10 29 22 54 78 52 56 81 124 133 118
Diluted EPS $0.02 $0.07 −$0.15 $0.21 $0.59 $0.43 $1.06 $1.53 $1.01 $1.07 $1.53 $2.29 $2.46 $2.07
Growth (year on year)
Revenue — +28.5% +24.8% +25.0% +29.8% +24.1% +19.5% +23.0% +21.2% +12.5% +4.6% +6.6% +7.6% +8.7%
EBITDA — +131.7% −4.8% −13.7% +148.7% −33.6% +113.9% +15.5% +8.9% −10.3% +20.0% +40.1% +19.4% +10.0%
Operating income — +182.9% −14.3% −21.9% +137.4% −63.4% +313.2% +11.7% +9.4% −17.1% +30.9% +62.4% +23.1% +8.3%
Net income — +198.5% −12.8% −13.7% +188.1% −26.4% +148.7% +45.4% −32.9% +7.8% +43.9% +53.1% +6.8% −9.0%
Diluted EPS — +250.0% −314.3% — +181.0% −27.1% +146.5% +44.3% −34.0% +5.9% +43.0% +49.7% +7.4% −3.9%
Margins
Gross margin 57.8% 59.8% 63.0% 61.9% 65.7% 65.3% 63.5% 63.2% 59.2% 59.3% 63.1% 65.3% 66.1% 65.8%
EBITDA margin 8.3% 14.9% 11.4% 7.9% 15.1% 8.1% 14.4% 13.6% 12.2% 9.7% 11.1% 14.6% 16.3% 16.1%
Operating margin 5.7% 12.6% 8.6% 5.4% 9.8% 2.9% 10.0% 9.1% 8.2% 6.1% 7.6% 11.5% 13.2% 12.8%
Net margin 3.5% 8.1% 5.6% 3.9% 8.6% 5.1% 10.7% 12.6% 7.0% 6.7% 9.2% 13.2% 13.1% 11.1%
Free-cash-flow margin 6.4% 5.2% 8.5% 5.2% 13.8% 11.8% 5.5% 13.9% 12.3% 3.4% 14.6% 20.9% 13.6% 17.7%
Cash flow
Cash from operations 11 16 28 23 57 61 47 102 103 57 136 206 153 199
Capital spending 2 7 10 9 10 11 19 16 11 29 8 10 16 11
Free cash flow 8 9 18 14 47 50 28 86 92 28 128 196 137 188
Stock-based pay 1 3 3 4 7 13 21 29 39 53 47 41 33 30
Free cash flow after stock pay 8 5 14 10 39 36 7 57 53 −24 81 155 104 157
Balance sheet
Cash 34 43 128 141 96 146 120 253 711 622 697 1,221 961 479
Total debt 0 7 7 7 71 67 63 110 0 0 0 0 0 0
Net debt (negative = net cash) −34 −36 −122 −134 −25 −79 −57 −143 −711 −622 −697 −1,221 −961 −479
Diluted shares 6m 8m 48m 48m 49m 50m 50m 51m 52m 55m 55m 58m 59m 57m
Returned to shareholders
Dividends 0 0 1 0 0 — — — — — — — — —
Buybacks 0 0 0 0 0 0 0 5 0 79 27 75 42 76
Total returned 0 0 1 0 0 0 0 5 0 79 27 75 42 76

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 7 checks passed · June 30, 2026
What it owns · $1.7bn
Short-term assets $801mLonger-term assets $856m
What it owes, and who funded it · $1.6bn
Short-term liabilities $162mLonger-term liabilities $585mShareholders' equity $864m
  • Short-term assets cover short-term liabilities $801m of assets due within a year against $162m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $801m short-term assets against $585m of longer-dated liabilities.
  • More cash than debt $479m of cash against $491m of debt.
  • Debt below 40% of shareholders' equity Debt is 57% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 69% to 57% over five years.
  • A year's operating cash flow covers at least 20% of debt $199m of operating cash flow against $491m of debt.
  • Operating profit covers interest at least five times over Operating income of $136m against $16m of interest.

From Alarm.com Holdings, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$76.4M
Returned to shareholders
41%
of free cash flow
Buybacks, last 3 fiscal years
$144M
Diluted share count
−5.3%
year over year
Total shareholder yield
2.4%
dividends 0.0% + buybacks 2.4% of market value
R&D spending
26.0%
of revenue
Days sales outstanding
56 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in application software
Last 12 months unless stated ALRM TTAN APPF YOU PRGS DUOL Median
Revenue, last 12 months $1.1bn $1.1bn $1.1bn $1.0bn $1000m $1.1bn $482m
Revenue growth, last 12 months 8.7% 22.9% 20.0% 19.8% 6.4% 29.4% 12.0%
Revenue growth, 3-year average 7.3% — 23.8% 23.9% 14.0% 37.3% 11.1%
Revenue growth, latest quarter 9.2% 20.9% 18.6% 26.6% −1.5% 18.3% 11.9%
Gross margin 65.8% 71.1% 59.9% — 82.2% 72.7% 69.2%
Operating margin 12.8% −13.0% 18.8% 25.1% 17.7% 13.7% 1.1%
Operating margin, 3-year average 11.7% −21.4% 17.3% 18.6% 16.5% 9.6% −0.8%
Net margin 11.1% −12.1% 15.6% 14.8% 9.2% 35.9% 2.1%
Cash from operations / revenue 18.8% 13.2% 26.1% 54.2% 32.8% 37.6% 18.2%
Free-cash-flow margin 17.6% 12.8% 25.9% 50.8% 31.9% 35.6% 15.0%
Free-cash-flow margin, 3-year average 17.5% — 24.2% 42.0% 27.5% 36.0% 16.2%
Stock pay / revenue 2.9% 20.6% 6.8% 4.3% 7.2% 12.6% 9.3%
Change in share count −5.3% — −2.1% — −4.6% 2.1% 2.2%

Median of all 185 companies we cover in application software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

185 application software companies
Measure Company Peer median Rank
Revenue growth Growth 8.7% 12.0% 109 of 184
Change in growth rate Growth +0.1pp +0.2pp 94 of 184
Gross margin Profitability 65.8% 69.8% 91 of 160
Operating margin Profitability 12.8% 1.1% 45 of 181
Net margin Profitability 11.1% 2.1% 58 of 185
Free-cash-flow margin Cash generation 17.6% 15.2% 82 of 180
Stock pay as % of revenue Cash generation 2.9% 9.3% 22 of 177
Long-term debt as % of assets Balance sheet 29.6% 16.9% 72 of 98
Change in share count Balance sheet -5.3% 1.7% 11 of 163
Days sales outstanding Balance sheet 56 days 57 days 78 of 162

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Licenses and services $689M 68.2% ▲ 9.2%
Hardware and Other Revenue $322M 31.8% ▲ 4.3%

From Alarm.com Holdings, Inc.'s 10-K filed February 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.3B
Institutions reporting
313
Shares held vs prior quarter
▲ 1.5%
Positions opened / closed
52 / 34

Top buyers and sellers, Q2 2026: 161 institutions bought and 141 sold ; the biggest buyer was Bank Of Montreal (+798K shares) and the biggest seller Algert Global LLC (−405K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $443M 9.5M 19.6% ▲ 3.9%
Vanguard Portfolio Management LLC $189M 4.0M 8.3% ▲ 2.0%
Disciplined Growth Investors Inc $168M 3.6M 7.4% ▲ 9.7%
Bank Of Montreal $161M 3.5M 7.1% ▲ 30.0%
State Street Corp $102M 2.2M 4.5% ▲ 7.5%
Vanguard Capital Management LLC $100M 2.1M 4.4% ▼ 0.6%
Geode Capital Management, LLC $62.5M 1.3M 2.8% ▲ 6.6%
Dimensional Fund Advisors LP $58.8M 1.3M 2.6% ▲ 12.6%
Morgan Stanley $55.3M 1.2M 2.4% ▼ 6.3%
Arrowstreet Capital, Limited Partnership $47.2M 1.0M 2.1% ▲ 29.7%
Geneva Capital Management LLC $38.7M 828K 1.7% ▼ 22.6%
FMR LLC $36.2M 775K 1.6% ▼ 20.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Alarm.com Holdings, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $1.3M 4 trades by 1 insider, last 12 months Insider sales History → $9.2M 19 trades by 7 insiders · 60% under pre-set plans
Net ▼ $8M net selling
Insider Date Trade Shares Price Value
Trundle Stephen Chief Executive Officer August 24, 2026 Sell pre-set plan 50,000 $57.67 $2.9M
Bradley Kevin Christopher Chief Financial Officer August 12, 2026 Sell 5,400 $55.07 $297,378
Bradley Kevin Christopher Chief Financial Officer July 2, 2026 Sell pre-set plan 724 $48.46 $35,085
Ramos Daniel See Remarks June 12, 2026 Sell 2,000 $46.50 $93,000
Bradley Kevin Christopher Chief Financial Officer June 10, 2026 Sell 2,200 $46.15 $101,530
Ramos Daniel See Remarks June 10, 2026 Sell 8,000 $46.23 $369,840
Kerzner Daniel See Remarks May 26, 2026 Sell pre-set plan 3,944 $43.78 $172,668
Ramos Daniel See Remarks May 26, 2026 Sell pre-set plan 2,532 $43.78 $110,851
Trundle Stephen Chief Executive Officer May 26, 2026 Sell pre-set plan 6,073 $43.78 $265,876
Trundle Stephen Chief Executive Officer May 18, 2026 Sell pre-set plan 2,944 $43.56 $128,241
Ramos Daniel See Remarks May 18, 2026 Sell pre-set plan 1,561 $43.56 $67,997
Kerzner Daniel See Remarks May 18, 2026 Sell pre-set plan 1,915 $43.56 $83,417

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Alarm.com Holdings, Inc. disclosed in the last 12 months; 1 earlier trade on record.

  • Greg Gianforte(MT):Purchase, $100,001 - $250,000, traded July 22, 2019, filed July 29, 2019

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • February 19, 2026
  • November 6, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Alarm.com Holdings, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Alarm.com Holdings, Inc. in brief

What does Alarm.com Holdings, Inc. do?
Alarm.com Holdings, Inc. is a US-listed company in the application software industry. Its financial year ends in December.
What is Alarm.com Holdings, Inc.'s stock ticker?
Alarm.com Holdings, Inc. trades under the ticker ALRM on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Alarm.com Holdings, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Alarm.com Holdings, Inc. reported revenue of $1.1B, 8.7% higher than a year earlier, according to its SEC filings.
What is Alarm.com Holdings, Inc.'s free cash flow?
Alarm.com Holdings, Inc.'s free-cash-flow margin is 17.6% of revenue over the trailing twelve months, ranking 82 of the 180 application software companies we cover.
What is Alarm.com Holdings, Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Alarm.com Holdings, Inc.'s free cash flow after stock-based pay gives ~$80 per share in the base case, and ~$62–$100 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Alarm.com Holdings, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Disciplined Growth Investors Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Alarm.com Holdings, Inc. buying back stock, and does it pay a dividend?
Alarm.com Holdings, Inc. spent $76.4M on share repurchases over the trailing twelve months, and its diluted share count fell 5.3% over the year.
What is Alarm.com Holdings, Inc.'s market cap?
On November 2, 2026, Alarm.com Holdings, Inc.'s market capitalisation was about $3.8B, with a price-to-earnings ratio of 31.9 and net debt of -$479M. Market figures come from third-party market data and may be delayed.
How much debt does Alarm.com Holdings, Inc. have?
Alarm.com Holdings, Inc.'s debt-to-equity ratio is 56.8%, from its latest balance sheet (69.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are Alarm.com Holdings, Inc.'s competitors?
In our Application Software peer group, the companies closest to Alarm.com Holdings, Inc. are Servicetitan, Inc., Appfolio Inc, Clear Secure, Inc., Progress Software Corp and Duolingo, Inc. The side-by-side comparison below sets their revenue, margins and growth against Alarm.com Holdings, Inc.'s.
Are insiders buying or selling Alarm.com Holdings, Inc. stock?
Over the last 12 months, Alarm.com Holdings, Inc.'s directors and officers reported 4 open-market purchases and 19 sales on Form 4. The insider trading page charts every trade.
When is Alarm.com Holdings, Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Alarm.com Holdings, Inc. announces its own schedule.