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Arlo Technologies, Inc. (ARLO) stock

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NYSE: ARLO NYSE Electronic Equipment & Instruments Next results ~November 5, 2026

B Fundamentals grade

Arlo Technologies, Inc. is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$11

Valuation models combined (4)

Base case. Range ~$6.7–$19. Weighted average of 4 models (growth cash-flow model, forward price-to-earnings vs peers, forward price-to-sales vs peers, revenue-to-maturity model), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Arlo Technologies, 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.

  • Insiders0 buying, 4 selling0 purchases and 34 sales by directors and officers, last 12 monthsInsider trades
  • Funds140 adding, 119 cuttingOf 51 active managers that changed their stake, 23 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Arlo Technologies files

Where Arlo Technologies stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $587m, up 15.6% on a year earlier, faster than the 10.8% growth a quarter earlier. Free-cash-flow margin held at 12.2%. Operating margin widened to 2.7% from -2.2%. The diluted share count is up 10.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 2 financial-health checks. Our revenue-to-maturity cash-flow model value is $13.07 a share, against a share price of $14.48.

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)

Arlo Technologies, Inc.'s trailing-twelve-month revenue grew 15.6% year on year, with a free-cash-flow margin of 12.2%. Where it stands out: days sales outstanding of 40 days ranks 5 of 52 electronic equipment & instruments companies we cover.

Current signal Gross margin expanding: TTM gross margin reached 46.0%, up 5.8pp year over year.

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

  • Fast growth. Revenue grew 15.6% over the last 12 months, against a median of 9.8% for electronic equipment & instruments companies we cover.
  • Growth speeding up. The growth rate is 4.8 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 4.8 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.1bn.
  • 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.
  • Share dilution. Diluted shares rose 10.0% in a year.
  • High earnings multiple. The shares trade at 52 times the last 12 months' earnings, so expectations are demanding.
  • Volatile shares. Over the past year the shares showed annualised volatility of 54% and a beta of 1.4 against the S&P 500.
  • Insiders selling. 4 insiders sold $22M of stock over the past 365 days and none bought (47% under pre-set trading plans).
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 12.2% ranks 38 of 49 electronic equipment & instruments companies we cover (median 3.0%).

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.28 against an average estimate of $0.20: beat by 43.1%
Revenue
$156m, up 20.5% on a year earlier
Share reaction
-4.4% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Guidance given
revenue $140m to $150m (Third Quarter 2026); EPS - diluted $-0.06 to $0 (Third Quarter 2026)
Next report
November 5, 2026; average EPS estimate $0.20

Arlo Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.3%
  • 1 week+14.1%
  • 1 month+10.6%
  • This year+1.0%
  • 1 year-26.9%
  • 5 years+108.4%
  • 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)
$587M
Operating margin
2.7%
Net margin
5.2%
EPS (TTM, diluted)
$0.27

Growth

Revenue growth
+15.6%
Change in growth rate
+4.8 pts
Share count change
+10.0%

Cash

Free cash flow (TTM)
$71.4M
FCF margin
12.2%
Stock pay % of revenue
12.2%

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. Announcement
  2. Insider trade
  3. Results
  4. Guidance

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

Arlo Technologies, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Arlo Technologies, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 11%: the 10-year Treasury yield (4.9%) plus a beta of 1.34 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$6.7 ~$4.9–$7.8 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. ~$19 ~$16–$29 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$12 ~$9.5–$29 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$13 ~$11–$16 Included
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) 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. ~$11 ~$6.7–$19 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Arlo Technologies, Inc. with Electronic Equipment & Instruments 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.

Valuation multiples over time Market data may be delayed

At fiscal year end 20182019202020212022202320242025Now
Share price$9.98$4.21$7.79$10.49$3.51$9.52$11.19$13.99$14.13
Market value$671m$316m$608m$867m$306m$883m$1.1bn$1.5bn$1.6bn
+ Net debt (− = net cash)−$151m−$237m−$186m−$176m−$84m−$57m−$82m−$146m−$101m
Enterprise value$520m$79m$422m$692m$222m$826m$1.0bn$1.4bn$1.5bn
Multiples
Price / sales 1.4x0.9x1.7x2.0x0.6x1.8x2.2x2.9x2.7x
Price / earnings ———————103.2x52.2x
Price / free cash flow —126.1x———24.9x22.7x19.6x20.4x
EV / EBITDA ———————139.4x66.5x

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

20 /100

Weak moat

How hard Arlo Technologies's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 6 / 20

    Cash operating profit has been a median 5.8% of total assets over 8 years.

  • Pricing power 2 / 20

    Gross margin has been a median 26.2%, moving by 11.5 percentage points (standard deviation) across 9 years.

  • Durability 10 / 20

    Operating margin has been a median -8.6%; its worst year was -32.7%.

  • Cash conversion 6 / 20

    Free cash flow was positive in 5 of 9 years, at a median 0.6% of revenue.

  • Discipline 1 / 20

    The diluted share count rose 41.0% over five years; stock-based pay has been a median 9.3% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (24 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 $145m and EPS of $0.20 (range $0.19 to $0.21) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.95 +35% $592m +12%
Next $1.03 +8% $624m +6%

Next year's EPS estimate has moved +4.4% in 90 days, across 7 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +12.8% on 90 days ago. In the last 30 days, 6 analysts raised Arlo Technologies, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Arlo Technologies, Inc., last 90 days
$0.80 $0.85 $0.90 $0.95 $1.00 $1.05 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.84 Current fiscal year, 60 days ago: $0.95 Current fiscal year, 30 days ago: $0.95 Current fiscal year, 7 days ago: $0.95 Current fiscal year, Now: $0.95 $0.95 Next fiscal year, 90 days ago: $0.98 Next fiscal year, 60 days ago: $1.03 Next fiscal year, 30 days ago: $1.03 Next fiscal year, 7 days ago: $1.03 Next fiscal year, Now: $1.03 $1.03

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

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.84$0.98
60 days ago $0.95$1.03
30 days ago $0.95$1.03
7 days ago $0.95$1.03
Now $0.95$1.03

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.20 $0.28 +43.1%
Mar 2026 $0.19 $0.28 +45.5%
Dec 2025 $0.16 $0.22 +34.0%
Sept 2025 $0.15 $0.16 +8.0%

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

Management guidance

Earnings release, August 6, 2026
  • Revenue Full Year 2026 $580m to $600m GAAP Raised
    “GAAP $140 - $150 $(0.06) - $0.00 $580 - $600 $0.11 - $0.21” source
  • Revenue Full Year 2026 $580m to $600m Non-GAAP Raised
    “Non-GAAP $140 - $150 $0.17 - $0.23 $580 - $600 $0.90 - $1.00” source
  • Revenue Third Quarter 2026 $140m to $150m GAAP
    “GAAP $140 - $150 $(0.06) - $0.00 $580 - $600 $0.11 - $0.21” source
  • Revenue Third Quarter 2026 $140m to $150m Non-GAAP
    “Non-GAAP $140 - $150 $0.17 - $0.23 $580 - $600 $0.90 - $1.00” source
  • EPS - diluted Full Year 2026 $0.11 to $0.21 GAAP Raised
    “GAAP $140 - $150 $(0.06) - $0.00 $580 - $600 $0.11 - $0.21” source
  • EPS - diluted Full Year 2026 $0.90 to $1.00 Non-GAAP Raised
    “Non-GAAP $140 - $150 $0.17 - $0.23 $580 - $600 $0.90 - $1.00” source
Show 2 more items
  • EPS - diluted Third Quarter 2026 $-0.06 to $0.00 GAAP
    “GAAP $140 - $150 $(0.06) - $0.00 $580 - $600 $0.11 - $0.21” source
  • EPS - diluted Third Quarter 2026 $0.17 to $0.23 Non-GAAP
    “Non-GAAP $140 - $150 $0.17 - $0.23 $580 - $600 $0.90 - $1.00” 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.

Analyst recommendations

7 analysts, Oct 2026
Buy7100%
Hold00%
Sell00%

Monthly trend

  1. Oct 2026257
  2. Sep 2026257
  3. Aug 2026257
  4. Jul 2026257

Counts of recommendations published by analysts covering Arlo Technologies, 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
15.4%
of tradable shares
Days to cover
9.37
at average volume
Short interest, 1 month
+11%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
3.1%
of shares
Employees
376
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 −26.9%

$19.34 on October 31, 2025 to $14.13

ThenNowEffect
Revenue (last 12 months) $508m $587m +15.6%
P/S multiple 3.9x 2.7x −30.5%
Share count 103m 113m −9.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +53.4%

$9.21 on November 3, 2023 to $14.13

ThenNowEffect
Revenue (last 12 months) $473m $587m +24.2%
P/S multiple 1.7x 2.7x +55.6%
Share count 90m 113m −20.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

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
ARLO+35%−67%+171%+18%+25%+1%
Industry peers (median)−3%−37%+13%−1%−7%−21%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ARLO67%25%83%50%50%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ARLO−45%−72%−31%−41%−42%−26%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since August 3, 2018: 94% from August 27, 2018 to March 16, 2020. Getting back needed a 1439% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$11.23 – $18.97
From 52-week high
−25.5%
vs 50-day average
+8.9%
vs 200-day average
+5.6%
Volatility (1 year)
54%
Beta vs S&P 500
1.35

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
7 up, 5 down
typical move ±13.5%
After a week
4 up, 8 down
typical move ±11.0%
After a month
6 up, 6 down
typical move ±17.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 −4.4% +0.5% −9.9% −12.3%
May 7, 2026 +4.7% +0.5% −12.8% −13.0%
February 26, 2026 +31.7% −1.0% +19.5% +13.0%
November 6, 2025 −16.3% −1.0% −14.9% −19.8%
August 7, 2025 +3.8% +0.7% +3.1% +12.4%
May 8, 2025 +19.5% +0.6% +32.6% +66.7%
February 27, 2025 +21.0% −0.1% −0.3% −13.6%
November 7, 2024 +1.3% +1.2% −3.1% +11.6%
August 8, 2024 −10.7% +2.8% −4.8% −13.8%
May 9, 2024 −19.6% +0.7% −13.6% −7.4%
February 29, 2024 +18.8% +1.3% +10.8% +25.7%
November 9, 2023 −9.8% +0.8% −6.3% +1.4%

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.

Arlo Technologies, Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

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) Arlo Technologies, Inc.
$450M $500M $550M $600M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $474.6M Revenue (TTM), FY23 Q4: $491.2M Revenue (TTM), FY24 Q1: $504.4M Revenue (TTM), FY24 Q2: $516.7M Revenue (TTM), FY24 Q3: $524.4M Revenue (TTM), FY24 Q4: $510.9M Revenue (TTM), FY25 Q1: $505.8M Revenue (TTM), FY25 Q2: $507.7M Revenue (TTM), FY25 Q3: $509.6M Revenue (TTM), FY25 Q4: $529.3M Revenue (TTM), FY26 Q1: $560.6M Revenue (TTM), FY26 Q2: $587.1M $587.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $474.6M
FY23 Q4 $491.2M
FY24 Q1 $504.4M
FY24 Q2 $516.7M
FY24 Q3 $524.4M
FY24 Q4 $510.9M
FY25 Q1 $505.8M
FY25 Q2 $507.7M
FY25 Q3 $509.6M
FY25 Q4 $529.3M
FY26 Q1 $560.6M
FY26 Q2 $587.1M
Revenue growth, TTM YoY Arlo Technologies, Inc.
-10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -7.8% Revenue growth, TTM YoY, FY23 Q4: 0.2% Revenue growth, TTM YoY, FY24 Q1: 5.8% Revenue growth, TTM YoY, FY24 Q2: 9.3% Revenue growth, TTM YoY, FY24 Q3: 10.5% Revenue growth, TTM YoY, FY24 Q4: 4.0% Revenue growth, TTM YoY, FY25 Q1: 0.3% Revenue growth, TTM YoY, FY25 Q2: -1.7% Revenue growth, TTM YoY, FY25 Q3: -2.8% Revenue growth, TTM YoY, FY25 Q4: 3.6% Revenue growth, TTM YoY, FY26 Q1: 10.8% Revenue growth, TTM YoY, FY26 Q2: 15.6% 15.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -7.8%
FY23 Q4 0.2%
FY24 Q1 5.8%
FY24 Q2 9.3%
FY24 Q3 10.5%
FY24 Q4 4.0%
FY25 Q1 0.3%
FY25 Q2 -1.7%
FY25 Q3 -2.8%
FY25 Q4 3.6%
FY26 Q1 10.8%
FY26 Q2 15.6%
Operating margin (TTM) Arlo Technologies, Inc.
-10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -9.9% Operating margin (TTM), FY23 Q4: -5.1% Operating margin (TTM), FY24 Q1: -4.2% Operating margin (TTM), FY24 Q2: -5.1% Operating margin (TTM), FY24 Q3: -5.6% Operating margin (TTM), FY24 Q4: -6.8% Operating margin (TTM), FY25 Q1: -5.1% Operating margin (TTM), FY25 Q2: -2.2% Operating margin (TTM), FY25 Q3: -0.9% Operating margin (TTM), FY25 Q4: 1.1% Operating margin (TTM), FY26 Q1: 2.7% Operating margin (TTM), FY26 Q2: 2.7% 2.7%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -9.9%
FY23 Q4 -5.1%
FY24 Q1 -4.2%
FY24 Q2 -5.1%
FY24 Q3 -5.6%
FY24 Q4 -6.8%
FY25 Q1 -5.1%
FY25 Q2 -2.2%
FY25 Q3 -0.9%
FY25 Q4 1.1%
FY26 Q1 2.7%
FY26 Q2 2.7%
FCF margin (TTM) Arlo Technologies, Inc.
0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 3.3% FCF margin (TTM), FY23 Q4: 7.2% FCF margin (TTM), FY24 Q1: 9.0% FCF margin (TTM), FY24 Q2: 7.8% FCF margin (TTM), FY24 Q3: 9.6% FCF margin (TTM), FY24 Q4: 9.5% FCF margin (TTM), FY25 Q1: 11.3% FCF margin (TTM), FY25 Q2: 12.1% FCF margin (TTM), FY25 Q3: 12.2% FCF margin (TTM), FY25 Q4: 14.1% FCF margin (TTM), FY26 Q1: 12.6% FCF margin (TTM), FY26 Q2: 12.2% 12.2%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 3.3%
FY23 Q4 7.2%
FY24 Q1 9.0%
FY24 Q2 7.8%
FY24 Q3 9.6%
FY24 Q4 9.5%
FY25 Q1 11.3%
FY25 Q2 12.1%
FY25 Q3 12.2%
FY25 Q4 14.1%
FY26 Q1 12.6%
FY26 Q2 12.2%

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.

Financial statements

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

Fiscal year 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 185 371 465 370 357 435 490 491 511 529 587
Gross profit 38 91 92 36 55 108 136 168 188 233 270
EBITDA −11 9 −69 −75 −95 −54 −52 −20 −32 10 22
Operating income −13 6 −75 −85 −105 −60 −57 −25 −35 6 16
Net income −14 7 −75 −86 −101 −56 −57 −22 −31 15 31
Diluted EPS −$0.22 $0.11 −$1.12 −$1.14 −$1.30 −$0.68 −$0.65 −$0.24 −$0.31 $0.14 $0.27
Growth (year on year)
Revenue — +100.8% +25.4% −20.4% −3.5% +21.8% +12.7% +0.2% +4.0% +3.6% +15.6%
EBITDA — — −833.5% — — — — — — — —
Margins
Gross margin 20.6% 24.6% 19.8% 9.7% 15.5% 24.8% 27.7% 34.1% 36.7% 44.0% 46.0%
EBITDA margin −6.0% 2.6% −14.9% −20.1% −26.5% −12.4% −10.6% −4.1% −6.2% 1.9% 3.8%
Operating margin −7.1% 1.5% −16.1% −23.0% −29.4% −13.8% −11.6% −5.1% −6.8% 1.1% 2.7%
Net margin −7.4% 1.8% −16.2% −23.2% −28.3% −12.9% −11.5% −4.5% −6.0% 2.8% 5.2%
Free-cash-flow margin −18.7% −11.5% −8.5% 0.7% −14.1% −5.9% −9.8% 7.2% 9.5% 14.9% 13.3%
Cash flow
Cash from operations −33 −39 −18 9 −47 −23 −46 38 51 79 78
Capital spending 1 4 22 7 4 2 2 3 3 0 0
Free cash flow −35 −43 −39 3 −50 −25 −48 35 49 79 78
Stock-based pay 2 2 9 23 35 38 48 48 69 62 72
Free cash flow after stock pay −36 −45 −48 −20 −86 −63 −96 −12 −20 16 6
Balance sheet
Cash 0 0 151 237 186 176 84 57 82 146 101
Total debt 0 0 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) −0 −0 −151 −237 −186 −176 −84 −57 −82 −146 −101
Diluted shares 62m 62m 67m 75m 78m 83m 87m 93m 99m 110m 113m
Returned to shareholders
Buybacks — — — — — — 0 0 4 46 60
Total returned — — — — — — 0 0 4 46 60

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

2 of 2 checks passed · June 28, 2026
What it owns · $375m
Short-term assets $273mLonger-term assets $102m
What it owes, and who funded it · $375m
Short-term liabilities $194mLonger-term liabilities $22mShareholders' equity $159m
  • Short-term assets cover short-term liabilities $273m of assets due within a year against $194m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $273m short-term assets against $22m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Arlo Technologies, 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)
$59.7M
Returned to shareholders
84%
of free cash flow
Buybacks, last 3 fiscal years
$50M
Diluted share count
+10.0%
year over year
Total shareholder yield
3.9%
dividends 0.0% + buybacks 3.9% of market value
R&D spending
14.6%
of revenue
Days sales outstanding
40 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic equipment & instruments
Last 12 months unless stated ARLO CAN AIOT DAKT BMI DDD Median
Revenue, last 12 months $587m $530m $450m $854m $881m $388m $104m
Revenue growth, last 12 months 15.6% 96.7% 15.1% 14.0% −2.2% −6.2% 9.8%
Revenue growth, 3-year average 7.5% — 50.2% 1.6% 9.6% −9.0% 7.2%
Revenue growth, latest quarter 20.5% — 6.4% 7.1% 0.1% −0.3% 16.5%
Gross margin 46.0% 7.8% 55.7% 27.6% 41.6% 33.8% 38.5%
Operating margin 2.7% −21.2% 4.9% 7.3% 18.8% −15.8% −7.3%
Operating margin, 3-year average −1.5% — −5.4% 6.8% 19.2% −56.3% −5.1%
Net margin 5.2% −39.7% −4.2% 5.7% 14.4% −14.2% −5.3%
Cash from operations / revenue 13.3% −51.2% 7.6% 6.4% 18.0% −10.9% −1.6%
Free-cash-flow margin 12.2% −55.8% 3.5% 4.7% 16.2% −13.5% −2.5%
Free-cash-flow margin, 3-year average 10.7% — −2.4% 7.2% 17.0% −17.9% 3.7%
Stock pay / revenue 12.2% 4.3% 2.0% 0.6% 1.2% 3.5% 3.0%
Change in share count 10.0% 72.9% 6.0% 1.5% −1.2% 9.1% 1.9%

Median of all 53 companies we cover in electronic equipment & instruments. 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

53 electronic equipment & instruments companies
Measure Company Peer median Rank
Revenue growth Growth 15.6% 9.8% 21 of 53
Change in growth rate Growth +4.8pp +2.3pp 17 of 53
Gross margin Profitability 46.0% 39.7% 16 of 48
Operating margin Profitability 2.7% -7.3% 20 of 53
Net margin Profitability 5.2% -5.3% 18 of 53
Free-cash-flow margin Cash generation 12.2% -2.1% 15 of 52
Stock pay as % of revenue Cash generation 12.2% 3.0% 38 of 49
Change in share count Balance sheet 10.0% 1.9% 30 of 46
Days sales outstanding Balance sheet 40 days 68 days 5 of 52

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
Subscriptions and Services $316M 59.8% ▲ 30.2%
Products $213M 40.2% ▼ 20.5%
Geography
Region Revenue YoY
Americas $340M ▲ 27.7%
United States $329M ▲ 28.1%
EMEA $167M ▼ 24.2%
ES $108M ▼ 21.5%
SE $46.8M ▼ 5.8%
Other Countries $45.6M ▼ 31.7%
Asia Pacific $22.2M ▼ 7.6%

These categories overlap or exclude eliminations, so shares aren't shown.

From Arlo Technologies, Inc.'s 10-K filed February 27, 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
$1.5B
Institutions reporting
259
Shares held vs prior quarter
▲ 1.8%
Positions opened / closed
27 / 41

Top buyers and sellers, Q2 2026: 140 institutions bought and 119 sold ; the biggest buyer was First Eagle Investment Management, LLC (+1.4M shares) and the biggest seller D. E. Shaw & Co., Inc (−1.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $236M 17.5M 15.9% ▲ 2.7%
Brandes Investment Partners, LP $145M 10.8M 9.7% ▲ 5.2%
Wasatch Advisors LP $79.7M 5.9M 5.4% ▲ 9.0%
Vanguard Portfolio Management LLC $78.6M 5.8M 5.3% ▲ 7.4%
State Street Corp $66M 4.9M 4.4% ▲ 13.4%
Vanguard Capital Management LLC $62.2M 4.6M 4.2% ▲ 3.7%
Rice Hall James & Associates, LLC $50.3M 3.7M 3.4% ▲ 2.0%
Geode Capital Management, LLC $36.9M 2.7M 2.5% ▲ 10.4%
Jupiter Topco LLC $34.6M 2.6M 2.3% —
Renaissance Technologies LLC $27.6M 2.0M 1.9% 0.0%
Emerald Advisers, LLC $27.3M 2.0M 1.8% ▲ 0.1%
Needham Investment Management LLC $26.9M 2.0M 1.8% ▲ 13.4%

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 Arlo Technologies, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $21.9M 34 trades by 4 insiders · 47% under pre-set plans
Net ▼ $21.9M net selling
Insider Date Trade Shares Price Value
Binder Kurtis Joseph CHIEF FINANCIAL OFFICER September 29, 2026 Sell pre-set plan 13,358 $12.58 $168,044
Binder Kurtis Joseph CHIEF FINANCIAL OFFICER September 28, 2026 Sell pre-set plan 83,211 $12.44 $1M
Rothstein Amy M Director September 1, 2026 Sell pre-set plan 6,149 $12.55 $77,170
Rothstein Amy M Director August 7, 2026 Sell pre-set plan 9,251 $16.13 $149,219
Rothstein Amy M Director August 5, 2026 Sell pre-set plan 2,100 $16.00 $33,600
Rothstein Amy M Director August 4, 2026 Sell pre-set plan 5,010 $15.34 $76,853
Binder Kurtis Joseph CHIEF FINANCIAL OFFICER August 4, 2026 Sell pre-set plan 27,297 $15.52 $423,649
Rothstein Amy M Director August 3, 2026 Sell pre-set plan 12,490 $15.01 $187,475
Binder Kurtis Joseph CHIEF FINANCIAL OFFICER August 3, 2026 Sell pre-set plan 13,971 $15.01 $209,705
Binder Kurtis Joseph CHIEF FINANCIAL OFFICER July 6, 2026 Sell pre-set plan 16,507 $12.83 $211,785
Rothstein Amy M Director June 22, 2026 Sell pre-set plan 5,260 $13.02 $68,485
Binder Kurtis Joseph CHIEF FINANCIAL OFFICER May 8, 2026 Sell pre-set plan 65,000 $15.70 $1M

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.

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 26, 2026
  • November 6, 2025
  • August 7, 2025
  • May 8, 2025

Recent SEC filings

Data status

When each part of this page on Arlo Technologies, 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.

Arlo Technologies, Inc. in brief

What does Arlo Technologies, Inc. do?
Arlo Technologies, Inc. is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.
What is Arlo Technologies, Inc.'s stock ticker?
Arlo Technologies, Inc. trades under the ticker ARLO on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Arlo Technologies, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Arlo Technologies, Inc. reported revenue of $587M, 15.6% higher than a year earlier, according to its SEC filings.
What is Arlo Technologies, Inc.'s free cash flow?
Arlo Technologies, Inc.'s free-cash-flow margin is 12.2% of revenue over the trailing twelve months, ranking 15 of the 52 electronic equipment & instruments companies we cover.
Who are Arlo Technologies, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Brandes Investment Partners, LP and Wasatch Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Arlo Technologies, Inc. buying back stock, and does it pay a dividend?
Arlo Technologies, Inc. spent $59.7M on share repurchases over the trailing twelve months, and its diluted share count still rose 10.0% over the year.
What is Arlo Technologies, Inc.'s market cap?
On November 2, 2026, Arlo Technologies, Inc.'s market capitalisation was about $1.6B, with a price-to-earnings ratio of 52.2 and net debt of -$101M. Market figures come from third-party market data and may be delayed.
Who are Arlo Technologies, Inc.'s competitors?
In our Electronic Equipment & Instruments peer group, the companies closest to Arlo Technologies, Inc. are Canaan Inc., Powerfleet, Inc., Daktronics Inc, Badger Meter Inc and 3d Systems Corp. The side-by-side comparison below sets their revenue, margins and growth against Arlo Technologies, Inc.'s.
Are insiders buying or selling Arlo Technologies, Inc. stock?
Over the last 12 months, Arlo Technologies, Inc.'s directors and officers reported 0 open-market purchases and 34 sales on Form 4. The insider trading page charts every trade.
When is Arlo Technologies, 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 — Arlo Technologies, Inc. announces its own schedule.