Arlo Technologies, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $14.9M | $-30.5M | $-22.0M | $-56.6M | $-56.0M | $-101.3M | $-86.0M | $-75.5M |
| Depreciation & Amortization | $3.9M | $3.2M | $4.7M | $4.8M | $6.0M | $10.2M | $10.7M | $5.3M |
| Depreciation | — | $3.2M | $4.7M | $4.8M | $5.9M | $8.8M | $9.2M | $3.8M |
| Amortization | — | — | — | — | — | $1.3M | $1.5M | $1.5M |
| Stock-Based Compensation | $62.3M | $68.7M | $47.9M | $48.5M | $38.0M | $35.2M | $22.9M | $8.8M |
| Net Cash from Operating Activities | $78.7M | $51.3M | $38.3M | $-46.0M | $-23.2M | $-46.5M | $9.2M | $-17.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | $2.7M | $2.8M | $2.0M | $2.3M | $3.9M | $6.7M | $21.7M |
| Business Acquisitions | — | — | — | — | — | — | $0 | $0 |
| Net Cash from Investing Activities | $27.8M | $10.8M | $-50.7M | $-31.8M | $17.7M | $-4.0M | $76.3M | $-71.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $45.6M | $4.4M | $0 | $0 | — | — | — | — |
| Net Cash from Financing Activities | $-42.1M | $-40.8M | $-15.1M | $-13.9M | $-5.0M | $-23.0K | $-38.0K | $244.3M |
| Net Change in Cash | $64.4M | $21.4M | $-27.5M | $-91.7M | $-10.4M | $-50.5M | $85.4M | $155.3M |
| Free Cash Flow | — | $48.6M | $35.5M | $-48.0M | $-25.5M | $-50.4M | $2.5M | $-39.4M |