Alarm.com Earnings Reports

Alarm.com reported a 7.1% increase in total revenue for Q4 2024, reaching $242.2 million, driven by an 11.7% rise in SaaS and license revenue. However, GAAP net income declined slightly to $30.1 million. Adjusted EBITDA remained stable at $46.4 million. The company continues to expand its AI-driven analytics and remote video monitoring solutions.

Alarm.com reported strong third-quarter results, with SaaS and license revenue increasing by 9.8% and GAAP net income attributable to common stockholders increasing by 87.9%. The company also provided its financial outlook for SaaS and license revenue for the fourth quarter of 2024 and increased its guidance for the full year of 2024.

Alarm.com reported a 4.4% increase in total revenue to $233.8 million and a 112.1% increase in GAAP net income to $33.5 million compared to the second quarter of 2023. The company also increased its full year guidance for revenue, non-GAAP adjusted EBITDA and non-GAAP adjusted net income attributable to common stockholders.

Alarm.com reported a 6.5% increase in total revenue to $223.3 million and a 63.7% increase in GAAP net income to $23.6 million for the first quarter of 2024. The company also increased its guidance for SaaS and license revenue, non-GAAP adjusted EBITDA and non-GAAP adjusted net income attributable to common stockholders for the full year of 2024.

Alarm.com reported an 8.7% increase in total revenue to $226.2 million and a 10.3% increase in SaaS and license revenue to $148.3 million for the fourth quarter of 2023. GAAP net income attributable to common stockholders increased to $31.3 million, or $0.58 per diluted share.

Alarm.com reported a 2.6% increase in total revenue to $221.9 million and an increase in SaaS and license revenue by 8.9% to $145.0 million. GAAP net income attributable to common stockholders increased to $19.5 million, or $0.37 per diluted share. The company also provided its financial outlook for SaaS and license revenue for Q4 2023 and increased its SaaS and license revenue, non-GAAP adjusted EBITDA and non-GAAP adjusted net income attributable to common stockholders guidance for the full year of 2023.

Alarm.com reported a 5.2% increase in total revenue, reaching $223.9 million, and an 8.5% increase in SaaS and license revenue to $140.4 million. GAAP net income attributable to common stockholders rose to $15.8 million, while non-GAAP adjusted EBITDA was $36.4 million.

Alarm.com reported a 2.1% increase in total revenue to $209.7 million and a GAAP net income attributable to common stockholders of $14.4 million, or $0.28 per diluted share. SaaS and license revenue increased by 9.9% to $135.4 million. The company also provided its financial outlook for SaaS and license revenue for the second quarter of 2023 and increased its revenue, non-GAAP adjusted EBITDA and non-GAAP adjusted net income attributable to common stockholders guidance for the full year of 2023.

Alarm.com's Q4 2022 results showed strong growth in key areas. SaaS and license revenue increased by 10.5% year-over-year, while total revenue grew by 6.6%. GAAP net income attributable to common stockholders saw a significant increase of 97.7%. The company also provided financial outlook for Q1 2023 and full year 2023, indicating continued growth.

Alarm.com reported a 12.4% increase in total revenue to $216.1 million and a GAAP net income of $18.3 million for the third quarter of 2022. The company's SaaS and license revenue grew by 12.8% to $133.1 million. The company also completed the acquisition of Noonlight during the quarter.

Alarm.com reported a 12.7% increase in total revenue, reaching $212.8 million, and a 14.4% increase in SaaS and license revenue, totaling $129.5 million. However, GAAP net income decreased to $10.8 million, or $0.21 per diluted share, and non-GAAP adjusted EBITDA decreased to $37.1 million.

Alarm.com reported a 19.1% increase in total revenue to $205.4 million for Q1 2022. SaaS and license revenue increased by 14.8% to $123.2 million. However, GAAP net income decreased to $9.1 million, and non-GAAP adjusted EBITDA decreased to $29.9 million.

Alarm.com reported a 17.9% increase in total revenue for Q4 2021, reaching $195.3 million. SaaS and license revenue grew by 15.4% to $121.7 million. However, GAAP net income attributable to common stockholders decreased by 42.7% to $9.1 million.

Alarm.com's Q3 2021 total revenue increased by 21.1% year-over-year to $192.3 million. SaaS and license revenue also saw a rise of 17.9% year-over-year, reaching $118.1 million. GAAP net income attributable to common stockholders decreased to $13.5 million, and non-GAAP adjusted EBITDA increased to $37.6 million.

Alarm.com's second quarter 2021 results showed strong year-over-year growth in total revenue and SaaS and license revenue. The company launched new services and received industry awards, while also increasing its financial outlook for the full year.

Alarm.com reported a strong first quarter with a 13.5% increase in total revenue year-over-year to $172.5 million and a 16.8% increase in SaaS and license revenue to $107.4 million. GAAP net income attributable to common stockholders increased by 68.4% to $14.8 million, and non-GAAP adjusted EBITDA increased by 22.0% to $35.6 million.

Alarm.com reported solid financial results for the fourth quarter of 2020. SaaS and license revenue increased by 17% year-over-year, and total revenue increased by 18% year-over-year. GAAP net income attributable to common stockholders increased to $16.0 million.

Alarm.com reported a strong third quarter in 2020, with total revenue increasing by 24.2% year-over-year to $158.9 million and SaaS and license revenue growing by 17.9% to $100.1 million. GAAP net income attributable to common stockholders was $36.1 million, a significant increase from $17.7 million in the same quarter of the previous year.

Alarm.com Holdings, Inc. reported financial results for its second quarter ended June 30, 2020. Total revenue increased 16.4% year-over-year to $141.6 million and GAAP net income attributable to common stockholders was $17.0 million, or $0.34 per diluted share.

Alarm.com reported strong first quarter results with a 35.3% increase in total revenue to $151.9 million and a 14.9% increase in SaaS and license revenue to $91.9 million. Net income attributable to common stockholders was $8.8 million, or $0.18 per diluted share. The company acknowledges the impact of the COVID-19 pandemic beginning in March and anticipates a more challenging period for the remainder of the year.

Alarm.com's total revenue for Q4 2019 was $140.5 million, a 26% increase year-over-year. SaaS and license revenue increased 16% to $90.1 million. GAAP net income attributable to common stockholders increased to $13.0 million, or $0.26 per diluted share. Non-GAAP adjusted EBITDA increased 44% year-over-year to $30.0 million.