ARLO - Arlo Technologies, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$19.50
DETAILS
HIGH:
$20.00
LOW:
$19.00
MEDIAN:
$19.50
CONSENSUS:
$19.50
UPSIDE:
48.18%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 529.3 | 510.9 | 491.2 | 490.4 | 435.1 | 357.2 | 370.0 | 472.0 | 370.7 | 184.6 |
| Cost of Revenue | 296.5 | 323.4 | 323.6 | 354.4 | 327.1 | 301.8 | 334.2 | 372.8 | 279.4 | 146.6 |
| Gross Profit | 232.8 | 187.5 | 167.6 | 136.0 | 108.0 | 55.4 | 35.8 | 99.2 | 91.2 | 38.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 73.7 | 73.2 | 68.6 | 64.7 | 59.1 | 60.1 | 69.4 | 58.8 | 34.7 | 24.4 |
| SG&A Expenses | 150.9 | 145.9 | 122.5 | 126.0 | 98.4 | 100.2 | 104.6 | 80.8 | 49.4 | 26.7 |
| Other Expenses | 2.2 | 3.4 | 1.3 | 2.2 | 10.7 | (0.0) | 0 | (1.2) | 0 | 0 |
| Operating Expenses | 226.8 | 222.4 | 192.5 | 192.9 | 168.2 | 160.3 | 174.0 | 139.6 | 84.1 | 51.2 |
| Operating Income | ||||||||||
| Operating Income | 6.1 | (34.9) | (24.9) | (56.9) | (60.1) | (104.9) | (138.2) | (67.7) | 5.7 | (13.1) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 5.6 | 3.9 | 0.9 | 0.0 | 0.8 | 2.7 | 1.2 | 0 | 0 |
| Profitability | ||||||||||
| EBITDA | 19.6 | (31.7) | (20.2) | (52.1) | (45.0) | (94.7) | (127.5) | (42.2) | 10.9 | (11.0) |
| EBIT | 15.7 | (34.9) | (24.9) | (56.9) | (51.0) | (104.9) | (138.2) | (47.5) | 7.1 | (13.1) |
| Income Before Tax | 15.7 | (29.4) | (20.9) | (55.7) | (55.4) | (100.6) | (81.6) | (67.6) | 7.7 | (13.7) |
| Income Tax Expense | 0.7 | 1.1 | 1.2 | 1.0 | 0.7 | 0.6 | 4.4 | 0.8 | 1.1 | 0.1 |
| Net Income | 14.9 | (30.5) | (22.0) | (56.6) | (56.0) | (101.3) | (86.0) | (68.4) | 6.5 | (13.7) |
| Per Share Data | ||||||||||
| EPS (Basic) | 0.14 | -0.31 | -0.24 | -0.65 | -0.68 | -1.30 | -1.14 | -1.02 | 0.09 | -0.19 |
| EPS (Diluted) | 0.14 | -0.31 | -0.24 | -0.65 | -0.68 | -1.30 | -1.14 | -1.02 | 0.09 | -0.19 |
| Shares Outstanding | 104.2 | 98.6 | 92.8 | 87.1 | 82.4 | 77.9 | 75.1 | 67.2 | 72.7 | 72.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 146.4 | 82.0 | 56.5 | 84.0 | 175.7 | 186.1 | 236.7 | 151.3 | 0.1 | 0.2 |
| Short-Term Investments | 20.0 | 69.4 | 80.0 | 29.7 | 0 | 20.0 | 20.0 | 49.7 | 0 | 0 |
| Net Receivables | 39.7 | 57.3 | 65.4 | 66.0 | 79.6 | 77.6 | 127.3 | 166.0 | 157.7 | 81.8 |
| Inventory | 41.2 | 40.6 | 38.4 | 46.6 | 38.4 | 64.7 | 68.6 | 124.8 | 83.0 | 47.7 |
| Other Current Assets | 13.2 | 13.2 | 10.3 | 6.5 | 0 | 0 | 0 | 0 | 0 | 3.4 |
| Total Current Assets | 260.5 | 262.6 | 250.5 | 232.8 | 303.6 | 356.5 | 469.6 | 515.5 | 243.8 | 133.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 22.4 | 20.5 | 16.2 | 20.1 | 24.4 | 39.8 | 52.7 | 49.4 | 3.9 | 2.0 |
| Goodwill | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 11.0 | 15.6 | 15.6 | 15.6 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 2.8 | 4.3 | 6.3 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.1) | 0 | 0 |
| Other Non-Current Assets | 16.7 | 4.3 | 7.8 | 6.9 | 6.9 | 5.3 | 6.8 | 12.6 | 1.3 | 0.9 |
| Total Non-Current Assets | 50.1 | 35.8 | 35.0 | 39.4 | 43.9 | 57.4 | 73.1 | 80.5 | 26.1 | 25.4 |
| Total Assets | 310.5 | 298.4 | 285.5 | 272.2 | 347.5 | 414.0 | 542.7 | 595.9 | 269.8 | 158.6 |
| Current Liabilities | ||||||||||
| Account Payables | 42.8 | 63.8 | 55.2 | 52.1 | 84.1 | 62.2 | 111.7 | 82.5 | 20.7 | 21.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 37.1 | 27.2 | 18.0 | 11.3 | 29.4 | 53.1 | 50.4 | 26.7 | 34.1 | 16.4 |
| Other Current Liabilities | 92.4 | 12.9 | 13.3 | 11.4 | 12.4 | 15.1 | 11.8 | 158.5 | 3.2 | 37.4 |
| Total Current Liabilities | 172.3 | 176.8 | 161.5 | 162.3 | 210.9 | 237.3 | 293.9 | 274.9 | 130.9 | 78.2 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 6.7 | 0 | 0 | 0 | 0 | 0 | 0 | 20.0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 24.1 |
| Other Non-Current Liabilities | 3.6 | 2.4 | 3.8 | 2.7 | 1.1 | 1.3 | 0.7 | (18.8) | 0.2 | 0.2 |
| Total Non-Current Liabilities | 10.4 | 20.7 | 20.8 | 22.2 | 23.9 | 42.9 | 45.4 | 44.5 | 13.5 | 7.2 |
| Total Liabilities | 182.7 | 197.5 | 182.3 | 184.5 | 234.8 | 280.2 | 339.3 | 319.3 | 144.4 | 85.4 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 125.4 | 73.2 |
| Retained Earnings | (383.0) | (398.0) | (367.5) | (345.4) | (288.8) | (232.8) | (131.5) | (38.7) | 0 | 0 |
| Accumulated Other Comprehensive Income | 0.0 | 0.0 | 0.3 | (0.1) | 0 | 0.0 | (0.0) | 0 | (3.4) | (1.8) |
| Total Stockholders' Equity | 127.8 | 100.9 | 103.3 | 87.7 | 112.7 | 133.8 | 203.4 | 276.6 | 125.4 | 73.2 |
| Total Liabilities & Equity | 310.5 | 298.4 | 285.5 | 272.2 | 347.5 | 414.0 | 542.7 | 595.9 | 269.8 | 158.6 |
| Debt Metrics | ||||||||||
| Total Debt | 6.7 | 18.4 | 17.0 | 23.5 | 26.1 | 29.4 | 32.9 | 20.0 | 0 | 0 |
| Net Debt | (139.7) | (63.7) | (39.5) | (60.6) | (149.7) | (156.7) | (203.8) | (131.3) | (0.1) | (0.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 14.9 | (30.5) | (22.0) | (56.6) | (56.0) | (101.3) | (86.0) | (75.5) | 6.5 | (13.7) |
| Depreciation & Amortization | 3.9 | 3.2 | 4.7 | 4.8 | 6.0 | 10.2 | 10.7 | 5.3 | 3.7 | 2.1 |
| Stock-Based Compensation | 62.3 | 68.7 | 47.9 | 48.5 | 38.0 | 35.2 | 22.9 | 8.8 | 2.5 | 1.5 |
| Change in Working Capital | 3.7 | 11.1 | 9.3 | (42.6) | (16.9) | 8.5 | 120.0 | 44.9 | (51.3) | (22.3) |
| Other Non-Cash Items | (5.9) | (1.2) | (1.7) | (0.2) | 6.0 | 0.7 | (58.3) | (0.1) | 121.4 | 62.7 |
| Operating Cash Flow | 78.7 | 51.3 | 38.3 | (46.0) | (23.2) | (46.5) | 9.2 | (17.7) | (39.0) | (33.1) |
| Investing Activities | ||||||||||
| Capital Expenditure | (11.8) | (2.7) | (2.8) | (2.0) | (2.3) | (3.9) | (6.7) | (21.7) | (3.6) | (1.5) |
| Acquisitions | 0 | 0 | 0 | 29.8 | 0 | 0.1 | 52.7 | 0 | (0.7) | (8.8) |
| Purchases of Investments | (125.4) | (205.1) | (149.9) | (69.3) | 0 | (50.1) | (29.8) | (54.6) | 0 | 0 |
| Sales/Maturities of Investments | 165.0 | 218.6 | 102.0 | 39.5 | 20 | 50 | 60 | 5 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | (29.8) | 0 | (0.1) | 0 | (49.6) | 0 | 0 |
| Investing Cash Flow | 27.8 | 10.8 | (50.7) | (31.8) | 17.7 | (4.0) | 76.3 | (71.3) | (4.3) | (10.3) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (45.6) | (4.4) | (23.6) | (18.2) | (13.2) | (4.8) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 3.5 | (36.3) | 8.5 | 4.3 | 8.2 | 4.8 | (0.0) | 70.9 | 43.2 | 43.6 |
| Financing Cash Flow | (42.1) | (40.8) | (15.1) | (13.9) | (5.0) | (0.0) | (0.0) | 244.3 | 43.2 | 43.6 |
| Cash Position | ||||||||||
| Net Change in Cash | 64.4 | 21.4 | (27.5) | (91.7) | (10.4) | (50.5) | 85.4 | 155.3 | (0.1) | 0.2 |
| Cash at Beginning | 82.0 | 60.7 | 88.2 | 179.9 | 190.3 | 240.8 | 155.4 | 0.1 | 0.2 | 0 |
| Cash at End | 146.4 | 82.0 | 60.7 | 88.2 | 179.9 | 190.3 | 240.8 | 155.4 | 0.1 | 0.2 |
| Free Cash Flow | 66.9 | 48.6 | 35.5 | (48.0) | (25.5) | (50.4) | 2.5 | (39.4) | (42.6) | (34.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 529.3 | 510.9 | 491.2 | 490.4 | 435.1 | 357.2 | 370.0 | 472.0 | 370.7 | 184.6 |
| Gross Profit | 232.8 | 187.5 | 167.6 | 136.0 | 108.0 | 55.4 | 35.8 | 99.2 | 91.2 | 38.0 |
| Operating Income | 6.1 | (34.9) | (24.9) | (56.9) | (60.1) | (104.9) | (138.2) | (67.7) | 5.7 | (13.1) |
| Net Income | 14.9 | (30.5) | (22.0) | (56.6) | (56.0) | (101.3) | (86.0) | (68.4) | 6.5 | (13.7) |
| EPS (Diluted) | 0.14 | -0.31 | -0.24 | -0.65 | -0.68 | -1.30 | -1.14 | -1.02 | 0.09 | -0.19 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 146.4 | 82.0 | 56.5 | 84.0 | 175.7 | 186.1 | 236.7 | 151.3 | 0.1 | 0.2 |
| Total Assets | 310.5 | 298.4 | 285.5 | 272.2 | 347.5 | 414.0 | 542.7 | 595.9 | 269.8 | 158.6 |
| Total Debt | 6.7 | 18.4 | 17.0 | 23.5 | 26.1 | 29.4 | 32.9 | 20.0 | 0 | 0 |
| Stockholders' Equity | 127.8 | 100.9 | 103.3 | 87.7 | 112.7 | 133.8 | 203.4 | 276.6 | 125.4 | 73.2 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 78.7 | 51.3 | 38.3 | (46.0) | (23.2) | (46.5) | 9.2 | (17.7) | (39.0) | (33.1) |
| Capital Expenditure | (11.8) | (2.7) | (2.8) | (2.0) | (2.3) | (3.9) | (6.7) | (21.7) | (3.6) | (1.5) |
| Free Cash Flow | 66.9 | 48.6 | 35.5 | (48.0) | (25.5) | (50.4) | 2.5 | (39.4) | (42.6) | (34.6) |