Arlo Technologies

Arlo Technologies

ARLO · NYSE · Industrials / Building Products & Equipment

11.86USD+0.03 (+0.25%)

Price History

Full chart

Market Stats

Previous Close11.83
Open12.13
Day Range11.67 – 12.13
52-Week Range11.05 – 19.94
Volume2.03M
Market Cap1.38B
P/E (TTM)45.86
Forward P/E13.79
EPS0.28
Dividend Yield0.00%
Beta1.54
50-Day Avg13.70
200-Day Avg13.54

About

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.

Company Details

  • SectorIndustrials
  • IndustryBuilding Products & Equipment
  • CEOMr. Matthew Blake McRae
  • Employees376
  • Headquarters5770 Fleet Street, Carlsbad, CA, United States, 92008, USA
  • Websitehttps://www.arlo.com

Leadership

  • Mr. Matthew Blake McRaeCEO & Director · b. 1974
  • Mr. Kurtis Joseph BinderCFO & COO · b. 1970
  • Mr. Brian Busse J.D.General Counsel & Corporate Secretary · b. 1969
  • Mr. Samir KapoorChief Technology Officer · b. 1972
  • Ms. Lily KnowlesSenior Vice President of Marketing & Customer Care
  • Ms. Antoinette SwitzerSenior Vice President of Worldwide Human Resources
  • Mr. Scott McManigalSenior Vice President of Design & Experience
  • Mr. Michael A. WerdannChief Revenue Officer · b. 1968
  • Tahmin ClarkeInvestor Relations Executive

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue184.60M370.66M472.02M370.01M357.15M435.14M490.41M491.18M510.89M529.30M
Growth (%)-+100.79%+27.35%-21.61%-3.47%+21.83%+12.70%+0.16%+4.01%+3.60%
Cost of Revenue146.57M279.42M372.84M334.20M301.76M327.10M354.38M323.61M323.38M296.46M
Gross Profit38.03M91.23M99.18M35.80M55.39M108.03M136.03M167.56M187.50M232.84M
Gross Margin20.60%24.61%21.01%9.68%15.51%24.83%27.74%34.11%36.70%43.99%
Operating Expense51.18M85.50M166.85M173.99M160.25M168.17M192.91M192.47M222.40M226.77M
Operating Income-13.15M5.73M-67.67M-138.19M-104.86M-60.14M-56.88M-24.90M-34.89M6.07M
Operating Margin-7.12%1.55%-14.34%-37.35%-29.36%-13.82%-11.60%-5.07%-6.83%1.15%
EBITDA-11.02M10.86M-42.21M-127.51M-94.66M-45.05M-50.88M-16.20M-26.21M19.60M
EBITDA Margin-5.97%2.93%-8.94%-34.46%-26.50%-10.35%-10.38%-3.30%-5.13%3.70%
Net Income-13.74M6.55M-68.38M-85.95M-101.25M-56.03M-56.63M-22.04M-30.50M14.93M
Net Income Margin-7.44%1.77%-14.49%-23.23%-28.35%-12.88%-11.55%-4.49%-5.97%2.82%
R&D24.44M34.68M58.79M69.38M60.14M59.06M64.71M68.65M73.18M73.65M
R&D as % of Total Revenue13.24%9.36%12.46%18.75%16.84%13.57%13.19%13.98%14.32%13.91%
Interest Expense000109.59M4.33M16.64M926.00K---
Interest Expense % of Total Revenue0.00%0.00%0.00%29.62%1.21%3.82%0.19%---

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets158.58M269.82M595.95M542.71M413.97M347.49M272.20M285.54M298.40M310.55M
Total Liabilities85.41M144.40M319.34M339.34M280.20M234.84M184.51M182.26M197.49M182.71M
Total Equity73.17M125.42M276.61M203.38M133.77M112.65M87.69M103.28M100.91M127.84M
Cash220.00K108.00K151.29M236.68M186.13M175.75M84.02M56.52M82.03M146.44M
Total Debt--21.61M32.91M29.43M26.08M23.47M17.02M18.36M6.74M
Net Debt-220.00K-108.00K-131.31M-203.77M-156.70M-149.67M-60.55M-39.50M-63.67M-139.70M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-33.07M-38.98M-17.69M9.17M-46.53M-23.20M-45.96M38.30M51.31M78.72M
Investing Cash Flow-10.29M-4.32M-71.28M76.26M-3.98M17.73M-31.77M-50.69M10.84M27.75M
Financing Cash Flow43.58M43.19M244.29M-38.00K-23.00K-4.97M-13.94M-15.14M-40.77M-42.07M
Capital Expenditure1.48M3.58M21.67M6.66M3.89M2.27M2.01M2.85M2.69M11.83M
Free Cash Flow-34.55M-42.56M-39.35M2.51M-50.42M-25.46M-47.97M35.45M48.62M66.90M
FCF to OCF104.48%109.18%222.50%27.34%108.36%109.78%104.37%92.57%94.76%84.98%

Earnings

Report DateMay 30, 2018Aug 27, 2018Oct 25, 2018Feb 5, 2019Apr 30, 2019Aug 6, 2019Nov 7, 2019Feb 24, 2020May 11, 2020Aug 5, 2020Nov 5, 2020Feb 23, 2021May 5, 2021Aug 4, 2021Nov 9, 2021Mar 1, 2022May 10, 2022Aug 9, 2022Nov 8, 2022Mar 7, 2023May 11, 2023Aug 10, 2023Nov 9, 2023Feb 29, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Feb 26, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate0.00-0.05-0.19-0.34-0.50-0.42-0.37-0.31-0.35-0.41-0.24-0.18-0.22-0.15-0.14-0.03-0.03-0.06-0.13-0.10-0.050.040.070.080.090.090.100.100.12-0.010.150.040.190.02-0.02
EPS Actual0.060.09-0.05-0.33-0.47-0.36-0.32-0.26-0.34-0.31-0.10-0.08-0.03-0.04-0.080.040.010.01-0.05-0.040.010.060.090.110.090.100.110.100.150.030.160.050.280.03-
Surprise-280.00%73.68%2.94%6.00%14.29%13.51%16.13%2.86%24.39%58.33%55.56%86.36%73.33%42.86%233.33%133.33%116.67%61.54%60.00%120.00%50.00%28.57%37.50%0.00%11.11%10.00%-4.40%25.00%400.00%6.67%25.00%47.37%50.00%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.38B
Enterprise Value1.33B
Trailing P/E45.86
Forward P/E13.79
PEG Ratio0.55
Price / Sales2.35
Price / Book9.27
EPS0.28
Book Value1.47
Revenue (TTM)587.15M
Gross Profit (TTM)261.92M
EBITDA14.47M
Profit Margin5.20%
Operating Margin-3.56%
Return on Equity22.07%
Return on Assets1.37%
Shares Outstanding107.61M
Shares Float104.49M
Beta1.54
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 5 analystsTarget 21.00
  • Strong Buy
    2
  • Buy
    3

Ownership Breakdown

Institutions
104.17%
Insiders
3.14%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    17.04M15.84%
  • Brandes Investment Partners & Co
    10.75M9.99%
  • Wasatch Advisors LP
    5.92M5.50%
  • Vanguard Portfolio Management, LLC
    5.43M5.04%
  • Vanguard Capital Management, LLC
    4.45M4.14%
  • State Street Corp
    4.32M4.01%
  • Rice Hall James & Associates, LLC
    3.73M3.47%
  • Geode Capital Management, LLC
    2.48M2.30%
  • Renaissance Technologies Corp
    2.05M1.90%
  • Emerald Advisers, LLC
    2.02M1.88%
  • PRIMECAP Management Company
    1.94M1.80%
  • Arrowstreet Capital Limited Partnership
    1.76M1.64%
  • Needham Investment Management, LLC
    1.76M1.64%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    6.62M6.15%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.26M3.03%
  • iShares Russell 2000 ETF
    2.76M2.57%
  • Vanguard Information Technology ETF
    2.60M2.42%
  • Janus Henderson Venture D
    2.08M1.94%
  • Brandes Global Small Cap Equity Cl F
    1.89M1.75%
  • Wasatch Small Cap Value
    1.72M1.60%