ALARM.COM HOLDINGS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | $939.8M | $881.7M | $842.6M | $749.0M | $618.0M | $502.4M | $420.5M |
| Cost of Revenue | $342.3M | $326.1M | $325.2M | $342.6M | $305.9M | $227.4M | $183.6M | $145.7M |
| Gross Profit | $668.9M | $613.7M | $556.5M | $500.0M | $443.1M | $390.6M | $318.8M | $274.8M |
| Gross Margin | 66.1% | 65.3% | 63.1% | 59.3% | 59.2% | 63.2% | 63.5% | 65.3% |
| Operating Expenses | ||||||||
| Research & Development | $270.2M | $255.9M | $245.1M | $218.6M | $177.7M | $152.1M | $114.4M | $89.2M |
| SG&A Expense | $110.4M | $108.9M | $112.9M | $106.7M | $87.4M | $78.6M | $70.0M | $95.8M |
| Operating Income | $133.6M | $108.5M | $66.8M | $51.0M | $61.6M | $56.3M | $50.4M | $12.2M |
| Operating Margin | 13.2% | 11.5% | 7.6% | 6.1% | 8.2% | 9.1% | 10.0% | 2.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $166.6M | $141.8M | $97.8M | $56.6M | $46.1M | $80.2M | $58.9M | $11.7M |
| Income Tax Expense | $37.6M | $19.3M | $17.5M | $962.0K | $-5.1M | $3.5M | $5.6M | $-9.8M |
| Net Income | $131.6M | $122.5M | $80.3M | $55.6M | $51.2M | $76.7M | $53.5M | $21.5M |
| Net Margin | 13.0% | 13.0% | 9.1% | 6.6% | 6.8% | 12.4% | 10.7% | 5.1% |
| EPS (Basic) | $2.66 | $2.50 | $1.63 | $1.13 | $1.05 | $1.59 | $1.11 | $0.45 |
| EPS (Diluted) | $2.46 | $2.29 | $1.53 | $1.07 | $1.01 | $1.53 | $1.06 | $0.43 |
| Shares Outstanding (Basic) | 49.8M | 49.6M | 49.8M | 49.9M | 49.9M | 49.0M | 48.4M | 47.6M |
| Shares Outstanding (Diluted) | 58.9M | 58.0M | 54.6M | 54.9M | 51.9M | 51.0M | 50.3M | 49.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |