Financial Snapshot

Revenue
$519.3M
TTM
Gross Margin
35.82%
TTM
Net Earnings
-$26.76M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
141.7%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$96.91M
Q3 2024
Cash
Q3 2024
P/E
-48.74
Nov 29, 2024 EST
Free Cash Flow
$49.98M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $491.2M $490.4M $435.1M $357.2M $370.0M $464.9M $370.7M $184.6M
YoY Change 0.16% 12.7% 21.83% -3.47% -20.41% 25.43% 100.79%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $122.5M $126.0M $98.40M $100.2M $104.6M $80.80M $49.44M $26.74M
YoY Change -2.78% 28.06% -1.76% -4.25% 29.46% 63.45% 84.85%
% of Gross Profit 73.11% 92.63% 91.08% 180.83% 292.17% 87.76% 54.19% 70.32%
Research & Development $68.65M $64.71M $59.06M $60.14M $69.38M $58.79M $34.68M $24.44M
YoY Change 6.09% 9.56% -1.79% -13.33% 18.01% 69.52% 41.92%
% of Gross Profit 40.97% 47.57% 54.67% 108.57% 193.79% 63.85% 38.02% 64.25%
Depreciation & Amortization $4.661M $4.768M $5.975M $10.21M $10.68M $5.307M $3.740M $2.128M
YoY Change -2.24% -20.2% -41.46% -4.45% 101.26% 41.9% 75.75%
% of Gross Profit 2.78% 3.5% 5.53% 18.43% 29.83% 5.76% 4.1% 5.59%
Operating Expenses $192.5M $192.9M $168.2M $160.3M $121.0M $166.8M $85.50M $51.18M
YoY Change -0.23% 14.71% 4.94% 32.41% -27.46% 95.14% 67.06%
Operating Profit -$24.90M -$56.88M -$60.14M -$104.9M -$85.22M -$74.77M $5.731M -$13.15M
YoY Change -56.22% -5.42% -42.65% 23.05% 13.97% -1404.71% -143.59%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $3.935M $926.0K $11.00K $800.0K $2.700M $1.200M
YoY Change 324.95% 8318.18% -98.63% -70.37% 125.0%
% of Operating Profit
Other Income/Expense, Net $107.0K $302.0K $4.775M $3.436M $913.0K -$1.177M $1.946M -$512.0K
YoY Change -64.57% -93.68% 38.97% 276.34% -177.57% -160.48% -480.08%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$20.86M -$55.65M -$55.35M -$100.6M -$81.57M -$79.58M $3.318M -$15.43M
YoY Change -62.51% 0.54% -44.99% 23.36% 2.5% -2498.46% -121.5%
Income Tax $1.175M $975.0K $677.0K $625.0K $4.380M $772.0K $1.128M $83.00K
% Of Pretax Income 34.0%
Net Earnings -$22.04M -$56.63M -$56.03M -$101.3M -$85.95M -$75.48M $6.549M -$13.74M
YoY Change -61.09% 1.07% -44.66% 17.8% 13.87% -1252.59% -147.65%
Net Earnings / Revenue -4.49% -11.55% -12.88% -28.35% -23.23% -16.24% 1.77% -7.44%
Basic Earnings Per Share -$0.24 -$0.65 -$0.68 -$1.30 -$1.14 -$1.12 $0.11 -$0.22
Diluted Earnings Per Share -$0.24 -$0.65 -$0.68 -$1.30 -$1.14 -$1.12 $0.11 -$0.22

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $136.5M $113.7M $175.7M $206.1M $256.7M $201.0M $100.0K $200.0K
YoY Change 20.02% -35.29% -14.73% -19.71% 27.71% 200900.0% -50.0%
Cash & Equivalents $56.52M $84.02M $175.7M $186.1M $236.7M $151.3M $100.0K $200.0K
Short-Term Investments $79.97M $29.70M $0.00 $20.00M $20.00M $49.70M
Other Short-Term Assets $10.27M $6.544M $9.919M $8.100M $16.90M $11.40M $3.000M $3.400M
YoY Change 56.95% -34.03% 22.46% -52.07% 48.25% 280.0% -11.76%
Inventory $38.41M $46.55M $38.39M $64.70M $68.60M $124.8M $83.00M $47.70M
Prepaid Expenses
Receivables $65.36M $65.96M $79.56M $77.60M $127.3M $166.0M $157.7M $81.80M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $12.20M $0.00 $0.00
Total Short-Term Assets $250.5M $232.8M $303.6M $356.5M $469.6M $515.5M $243.8M $133.2M
YoY Change 7.63% -23.33% -14.83% -24.08% -8.9% 111.44% 83.03%
Property, Plant & Equipment $16.21M $20.15M $24.41M $39.80M $52.70M $49.40M $3.900M $2.000M
YoY Change -19.53% -17.47% -38.67% -24.48% 6.68% 1166.67% 95.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.754M $8.236M $8.421M $6.600M $8.100M $12.60M $2.200M $1.400M
YoY Change -5.85% -2.2% 27.59% -18.52% -35.71% 472.73% 57.14%
Total Long-Term Assets $35.00M $39.42M $43.87M $57.50M $73.10M $80.40M $26.00M $25.40M
YoY Change -11.2% -10.14% -23.71% -21.34% -9.08% 209.23% 2.36%
Total Assets $285.5M $272.2M $347.5M $414.0M $542.7M $595.9M $269.8M $158.6M
YoY Change
Accounts Payable $55.20M $52.13M $84.10M $62.20M $111.7M $82.50M $20.70M $21.10M
YoY Change 5.89% -38.01% 35.21% -44.32% 35.39% 298.55% -1.9%
Accrued Expenses $88.21M $98.86M $97.38M $121.8M $127.4M $172.0M $76.10M $40.70M
YoY Change -10.77% 1.52% -20.05% -4.4% -25.93% 126.02% 86.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $161.5M $162.3M $210.9M $237.3M $293.9M $282.0M $130.9M $78.20M
YoY Change -0.51% -23.07% -11.11% -19.26% 4.22% 115.43% 67.39%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $20.00M $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $20.81M $22.23M $23.91M $42.90M $45.40M $24.50M $13.50M $7.200M
YoY Change -6.37% -7.03% -44.27% -5.51% 85.31% 81.48% 87.5%
Total Long-Term Liabilities $20.81M $22.23M $23.91M $42.90M $45.40M $44.50M $13.50M $7.200M
YoY Change -6.37% -7.03% -44.27% -5.51% 2.02% 229.63% 87.5%
Total Liabilities $182.3M $184.5M $234.8M $280.2M $339.3M $326.4M $144.4M $85.40M
YoY Change -1.22% -21.43% -16.19% -17.42% 3.95% 126.04% 69.09%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.3044 Billion

About Arlo Technologies, Inc.

Arlo Technologies, Inc. engages in the provision and development of cloud services artificial intelligence, computer vision analytics, wireless connectivity, and user experience design, and home security. The company is headquartered in Carlsbad, California and currently employs 363 full-time employees. The company went IPO on 2018-08-03. Its expertise in cloud services, cutting-edge artificial intelligence (AI) and computer vision analytics, wireless connectivity and intuitive user experience design delivers seamless, smart home security for its users. Its cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter, from any location with a wireless fidelity or a cellular connection. Its products include Arlo Essential Cameras and Doorbells; Arlo Home Security System; Arlo Pro 5S; Arlo Go 2; Arlo Ultra 2; Arlo Floodlight Camera, and others. Its services, such as Arlo Secure, Arlo Total Security, Arlo Safe, and other services.

Industry: Household Audio & Video Equipment Peers: 908 Devices Inc. Aeva Technologies, Inc. Cepton, Inc. Evolv Technologies Holdings, Inc. SmartRent, Inc. FOCUS UNIVERSAL INC. Identiv, Inc. Keysight Technologies, Inc. NLIGHT, INC. Vishay Precision Group, Inc.