Arlo Technologies, Inc. income statement
In fiscal 2025, Arlo Technologies, Inc. reported revenue of $529m, up 3.6% on the year before, operating income of $6.1m (a 1.1% margin) and net income of $14.9m, or $0.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 185 | 371 | 465 | 370 | 357 | 435 | 490 | 491 | 511 | 529 | 587 |
| Cost of revenue | 147 | 279 | 373 | 334 | 302 | 327 | 354 | 324 | 323 | 296 | 317 |
| Gross profit | 38 | 91 | 92 | 36 | 55 | 108 | 136 | 168 | 188 | 233 | 270 |
| Research and development | 24 | 35 | 59 | 69 | 60 | 59 | 65 | 69 | 73 | 74 | 85 |
| Selling and marketing | 18 | 34 | 53 | 57 | 49 | 49 | 70 | 66 | 74 | 85 | 90 |
| General and administrative | 8 | 15 | 28 | 48 | 51 | 49 | 56 | 56 | 72 | 66 | 73 |
| Operating income | −13 | 6 | −75 | −85 | −105 | −60 | −57 | −25 | −35 | 6 | 16 |
| Net interest income | 0 | 0 | 1 | 3 | 1 | 0 | 1 | 4 | — | — | — |
| Income before tax | −14 | 8 | −75 | −82 | −101 | −55 | −56 | −21 | −29 | 16 | 32 |
| Income tax | 0 | 1 | 1 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 |
| Diluted shares (average) | 62m | 62m | 67m | 75m | 78m | 83m | 87m | 93m | 99m | 110m | 113m |
| EBITDA | −11 | 9 | −69 | −75 | −95 | −54 | −52 | −20 | −32 | 10 | 22 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 122 | 119 | 129 | 140 | 141 | 150 | 156 |
| Cost of revenue | 89 | 77 | 66 | 71 | 83 | 76 | 78 | 81 |
| Gross profit | 48 | 45 | 53 | 58 | 57 | 66 | 73 | 75 |
| Research and development | 18 | 15 | 16 | 18 | 18 | 21 | 23 | 24 |
| Selling and marketing | 18 | 21 | 20 | 21 | 20 | 23 | 23 | 24 |
| General and administrative | 17 | 14 | 18 | 16 | 15 | 17 | 18 | 23 |
| Operating income | −5 | −6 | −1 | 2 | 1 | 5 | 8 | 2 |
| Net interest income | 1 | — | — | — | — | — | — | — |
| Income before tax | −4 | −5 | −0 | 3 | 7 | 6 | 15 | 3 |
| Income tax | 0 | 0 | 1 | −0 | 0 | 0 | 0 | 0 |
| Net income | −4 | −5 | −1 | 3 | 7 | 6 | 15 | 3 |
| Diluted EPS | −$0.04 | −$0.05 | −$0.01 | $0.03 | $0.06 | $0.06 | $0.13 | $0.03 |
| EBITDA | −5 | −5 | −1 | 3 | 2 | 6 | 9 | 5 |
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