Arlo Technologies (ARLO) Financials

$13.48 +0.32 (+2.43%)

As of 05/26/2026 03:58 PM Eastern

Annual Income Statements for Arlo Technologies

This table shows Arlo Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-14	6.55	-75	-86	-101	-56	-57	-22	-31	15
Consolidated Net Income / (Loss)	-14	6.55	-75	-86	-101	-56	-57	-22	-31	15
Net Income / (Loss) Continuing Operations	-14	6.55	-75	-86	-101	-56	-57	-22	-31	15
Total Pre-Tax Income	-14	7.68	-75	-82	-101	-55	-56	-21	-29	16
Total Operating Income	-13	5.73	-75	-85	-105	-60	-57	-25	-35	6.07
Total Gross Profit	38	91	92	36	55	108	136	168	188	233
Total Revenue	185	371	465	370	357	435	490	491	511	529
Operating Revenue	185	371	465	370	357	435	490	491	511	529
Total Cost of Revenue	147	279	373	334	302	327	354	324	323	296
Operating Cost of Revenue	147	279	373	334	302	327	354	324	323	296
Total Operating Expenses	51	86	167	121	160	168	193	192	222	227
Selling, General & Admin Expense	8.29	16	55	50	51	49	56	56	72	66
Marketing Expense	18	34	53	57	49	49	70	66	74	85
Research & Development Expense	24	35	59	69	60	59	65	69	73	74
Other Operating Expenses / (Income)	-	0.00	0.00	-55	-0.04	1.60	2.19	1.31	3.36	2.18
Total Other Income / (Expense), net	-0.51	1.95	0.06	3.65	4.24	4.79	1.23	4.04	5.48	9.60
Interest & Investment Income	-	-	-	-	-	-	0.93	3.94	5.58	5.45
Other Income / (Expense), net	-0.51	1.95	-1.18	0.91	3.44	4.78	0.30	0.11	-0.10	4.14
Income Tax Expense	0.08	1.13	0.77	4.38	0.63	0.68	0.98	1.18	1.09	0.74
Basic Earnings per Share	($0.22)	$0.11	($1.12)	($1.14)	($1.30)	($0.68)	($0.65)	($0.24)	($0.31)	$0.14
Weighted Average Basic Shares Outstanding	62.25M	62.25M	67.23M	75.07M	78.08M	82.69M	87.17M	92.75M	98.63M	104.20M
Diluted Earnings per Share	($0.22)	$0.11	($1.12)	($1.14)	($1.30)	($0.68)	($0.65)	($0.24)	($0.31)	$0.14
Weighted Average Diluted Shares Outstanding	62.25M	62.25M	67.23M	75.07M	78.08M	82.69M	87.17M	92.75M	98.63M	110.16M
Weighted Average Basic & Diluted Shares Outstanding	-	59.50M	67.40M	76.69M	80.50M	84.80M	89.60M	96.17M	102.44M	106.86M

This table shows Arlo Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025	6/29/2025	9/28/2025	12/31/2025	3/29/2026
Net Income / (Loss) Attributable to Common Shareholders	-1.12	0.69	-9.64	-12	-4.44	-4.86	-0.84	3.12	6.87	5.76	15
Consolidated Net Income / (Loss)	-1.12	0.69	-9.64	-12	-4.44	-4.86	-0.84	3.12	6.87	5.76	15
Net Income / (Loss) Continuing Operations	-1.12	0.69	-9.64	-12	-4.44	-4.86	-0.84	3.12	6.87	5.76	15
Total Pre-Tax Income	-1.09	0.83	-9.25	-11	-4.11	-4.73	-0.33	2.87	7.03	6.10	15
Total Operating Income	-2.28	-0.46	-11	-13	-5.45	-6.03	-1.45	1.93	0.87	4.72	7.56
Total Gross Profit	43	47	47	47	48	45	53	58	57	66	73
Total Revenue	130	135	124	127	138	122	119	129	140	141	150
Operating Revenue	130	135	124	127	138	122	119	129	140	141	150
Total Cost of Revenue	87	88	77	81	89	77	66	71	83	76	78
Operating Cost of Revenue	87	88	77	81	89	77	66	71	83	76	78
Total Operating Expenses	45	48	58	60	54	51	54	56	56	61	65
Selling, General & Admin Expense	12	13	19	21	17	14	18	16	15	17	18
Marketing Expense	16	18	17	18	18	21	20	21	20	23	23
Research & Development Expense	17	16	21	20	18	15	16	18	18	21	23
Other Operating Expenses / (Income)	0.26	0.07	0.48	0.97	1.42	0.49	0.03	0.22	1.94	-	1.44
Total Other Income / (Expense), net	1.19	1.28	1.36	1.48	1.34	1.30	1.12	0.94	6.16	1.39	7.73
Interest & Investment Income	-	-	1.39	1.50	1.40	-	1.32	1.34	5.65	-2.86	7.66
Other Income / (Expense), net	0.01	0.08	-0.03	-0.02	-0.06	-0.00	-0.20	-0.41	0.50	4.25	0.07
Income Tax Expense	0.03	0.13	0.40	0.24	0.33	0.13	0.50	-0.25	0.15	0.34	0.42
Basic Earnings per Share	($0.01)	$0.01	($0.10)	($0.12)	($0.04)	($0.05)	($0.01)	$0.03	$0.07	$0.05	$0.14
Weighted Average Basic Shares Outstanding	94.24M	92.75M	96.26M	97.84M	99.73M	98.63M	102.22M	103.89M	105.20M	104.20M	107.00M
Diluted Earnings per Share	($0.01)	$0.01	($0.10)	($0.12)	($0.04)	($0.05)	($0.01)	$0.03	$0.06	$0.06	$0.13
Weighted Average Diluted Shares Outstanding	94.24M	92.75M	96.26M	97.84M	99.73M	98.63M	102.22M	108.06M	109.64M	110.16M	110.49M
Weighted Average Basic & Diluted Shares Outstanding	94.63M	96.17M	97.58M	99.94M	100.34M	102.44M	103.40M	104.37M	105.99M	106.86M	108.61M

This table details how cash moves in and out of Arlo Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.22	-0.11	155	85	-51	-10	-92	-28	21	64
Net Cash From Operating Activities	-33	-39	-18	9.17	-47	-23	-46	38	51	79
Net Cash From Continuing Operating Activities	-33	-39	-18	9.17	-47	-23	-46	38	51	79
Net Income / (Loss) Continuing Operations	-14	6.55	-75	-86	-101	-56	-57	-22	-31	15
Consolidated Net Income / (Loss)	-14	6.55	-75	-86	-101	-56	-57	-22	-31	15
Depreciation Expense	2.13	3.74	5.31	11	10	5.98	4.77	4.66	3.20	3.93
Non-Cash Adjustments To Reconcile Net Income	1.52	2.86	16	-35	36	44	48	46	67	56
Changes in Operating Assets and Liabilities, net	-23	-52	37	120	8.54	-17	-42	9.46	11	3.45
Net Cash From Investing Activities	-10	-4.32	-71	76	-3.98	18	-32	-51	11	28
Net Cash From Continuing Investing Activities	-10	-4.32	-71	76	-3.98	18	-32	-51	11	28
Purchase of Property, Plant & Equipment	-1.48	-3.58	-22	-6.66	-3.89	-2.27	-2.01	-2.85	-2.69	-12
Purchase of Investments	0.00	0.00	-55	-30	-50	0.00	-69	-150	-205	-125
Sale and/or Maturity of Investments	0.00	0.00	5.00	60	50	20	40	102	219	165
Net Cash From Financing Activities	44	43	244	-0.04	-0.02	-4.97	-14	-15	-41	-42
Net Cash From Continuing Financing Activities	44	43	244	-0.04	-0.02	-4.97	-14	-15	-41	-42
Repurchase of Common Equity	-	-	-	-	-	-	0.00	0.00	-4.42	-46
Issuance of Common Equity	-	-	-	-	4.76	8.23	4.26	8.49	8.37	3.53
Other Financing Activities, net	44	43	71	-1.88	-4.78	-13	-18	-24	-45	0.00
Cash Income Taxes Paid	0.00	0.00	0.09	0.96	5.61	0.96	0.42	1.20	1.16	1.22

This table details how cash moves in and out of Arlo Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025	6/29/2025	9/28/2025	12/31/2025	3/29/2026
Net Change in Cash & Equivalents	-11	5.44	5.58	0.32	14	1.35	1.98	-13	15	60	6.20
Net Cash From Operating Activities	7.46	7.94	20	6.46	18	6.67	31	8.83	19	20	28
Net Cash From Continuing Operating Activities	7.46	7.94	20	6.46	18	6.67	31	8.83	19	20	28
Net Income / (Loss) Continuing Operations	-1.12	0.69	-9.64	-12	-4.44	-4.86	-0.84	3.12	6.87	5.76	15
Consolidated Net Income / (Loss)	-1.12	0.69	-9.64	-12	-4.44	-4.86	-0.84	3.12	6.87	5.76	15
Depreciation Expense	1.46	0.85	0.90	0.78	0.71	0.81	0.83	0.86	0.90	1.35	1.70
Non-Cash Adjustments To Reconcile Net Income	10	8.38	18	20	17	13	17	14	9.20	17	14
Changes in Operating Assets and Liabilities, net	-3.11	-1.99	11	-2.74	5.13	-2.16	14	-8.99	2.23	-3.95	-2.91
Net Cash From Investing Activities	-13	-4.59	-0.44	0.17	11	-0.39	-14	-22	6.24	58	-14
Net Cash From Continuing Investing Activities	-13	-4.59	-0.44	0.17	11	-0.39	-14	-22	6.24	58	-14
Purchase of Property, Plant & Equipment	-0.49	-0.40	-0.36	-0.30	-0.96	-1.08	-2.80	-2.98	-4.22	-1.83	-2.42
Acquisitions	-	-	-	-	-	-	0.00	-	-	-	-36
Purchase of Investments	-50	-39	-41	-71	-34	-59	-57	-39	-30	-	-15
Sale and/or Maturity of Investments	37	35	41	71	47	60	45	20	40	60	39
Net Cash From Financing Activities	-5.29	2.10	-14	-6.32	-16	-4.94	-15	0.72	-11	-18	-7.33
Net Cash From Continuing Financing Activities	-5.29	2.10	-14	-6.32	-16	-4.94	-15	0.72	-11	-18	-7.33
Repurchase of Common Equity	-	-	0.00	-	-	-	-15	-0.91	-11	-19	-7.33
Issuance of Common Equity	-	-	0.57	-	-	-	0.65	1.63	-	1.25	0.00

This table presents Arlo Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	244	596	543	414	347	272	286	298	311
Total Current Assets	241	515	470	357	304	233	251	263	260
Cash & Equivalents	-	151	237	186	176	84	57	82	146
Short-Term Investments	-	50	20	20	0.00	30	80	69	20
Accounts Receivable	159	166	127	78	80	66	65	57	40
Inventories, net	83	125	69	65	38	47	38	41	41
Prepaid Expenses	-	24	17	8.08	9.92	6.54	10	13	13
Plant, Property, & Equipment, net	0.00	49	21	16	9.60	7.34	4.76	4.77	13
Total Noncurrent Assets	2.44	31	52	42	34	32	30	31	37
Long-Term Investments	-	-	-	-	-	-	-	0.00	13
Goodwill	-	16	11	11	11	11	11	11	11
Intangible Assets	-	2.82	1.31	-	-	-	-	-	0.00
Other Noncurrent Operating Assets	2.44	13	39	31	23	21	19	20	13
Total Liabilities & Shareholders' Equity	270	596	543	414	347	272	286	298	311
Total Liabilities	148	326	339	280	235	185	182	197	183
Total Current Liabilities	135	282	294	237	211	162	161	177	172
Accounts Payable	21	83	112	62	84	52	55	64	43
Accrued Expenses	89	172	127	122	97	99	88	86	92
Current Deferred Revenue	25	27	50	53	29	11	18	27	37
Total Noncurrent Liabilities	13	44	45	43	24	22	21	21	10
Other Noncurrent Operating Liabilities	-	1.14	30	26	24	22	21	21	10
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	122	270	203	134	113	88	103	101	128
Total Preferred & Common Equity	122	270	203	134	113	88	103	101	128
Preferred Stock	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	122	270	203	134	113	88	103	101	128
Common Stock	-	315	335	367	401	433	470	499	511
Retained Earnings	-	-46	-132	-233	-289	-345	-367	-398	-383
Accumulated Other Comprehensive Income / (Loss)	-	0.00	-0.00	0.00	0.00	-0.11	0.32	0.03	0.02

This table presents Arlo Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	10/2/2022	4/2/2023	7/2/2023	10/1/2023	3/31/2024	6/30/2024	9/29/2024	3/30/2025	6/29/2025	9/28/2025	3/29/2026
Total Assets	331	257	269	298	290	296	312	297	320	351	360
Total Current Assets	291	219	233	261	256	263	280	246	269	302	276
Cash & Equivalents	81	67	62	51	62	63	77	84	71	86	153
Short-Term Investments	44	52	62	75	81	81	70	69	89	80	15
Accounts Receivable	83	53	57	70	56	62	69	46	61	77	52
Inventories, net	73	40	39	53	45	45	52	35	31	44	44
Prepaid Expenses	9.87	7.42	12	11	12	12	12	13	16	15	12
Plant, Property, & Equipment, net	6.59	7.06	6.42	5.75	4.31	3.77	4.44	7.19	8.98	12	14
Total Noncurrent Assets	34	31	30	31	30	29	28	43	42	37	70
Long-Term Investments	-	-	-	-	-	-	-	13	13	13	0.00
Goodwill	11	11	11	11	11	11	11	11	11	11	39
Intangible Assets	-	-	-	-	-	-	-	-	-	-	19
Other Noncurrent Operating Assets	22	20	19	20	18	18	17	19	19	13	12
Total Liabilities & Shareholders' Equity	331	257	269	298	290	296	312	297	320	351	360
Total Liabilities	234	171	187	207	190	197	215	193	201	222	201
Total Current Liabilities	211	149	167	186	170	178	197	173	182	212	182
Accounts Payable	107	46	61	82	70	74	94	49	50	78	40
Accrued Expenses	92	88	88	86	79	80	79	81	90	94	89
Current Deferred Revenue	12	15	18	18	21	24	25	-	42	40	52
Total Noncurrent Liabilities	23	21	20	21	19	19	18	20	19	9.41	19
Other Noncurrent Operating Liabilities	23	21	20	21	19	19	18	20	19	9.41	19
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	97	86	82	90	100	99	97	103	118	129	159
Total Preferred & Common Equity	97	86	82	90	100	99	97	103	118	129	159
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	97	86	82	90	100	99	97	103	118	129	159
Common Stock	421	446	449	458	477	488	490	502	514	518	528
Retained Earnings	-323	-360	-367	-368	-377	-389	-393	-399	-396	-389	-368
Accumulated Other Comprehensive Income / (Loss)	-0.22	0.02	0.15	0.24	0.28	0.19	0.24	0.01	-0.01	0.04	-0.00

This table displays calculated financial ratios and metrics derived from Arlo Technologies' official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	100.79%	25.43%	-20.41%	-3.47%	21.83%	12.70%	0.16%	4.01%	3.60%
EBITDA Growth	0.00%	199.00%	-719.80%	-4.70%	-23.13%	45.86%	-4.90%	61.14%	-57.91%	144.49%
EBIT Growth	0.00%	156.20%	-1,089.32%	-11.00%	-20.31%	45.42%	-2.19%	56.17%	-41.14%	129.19%
NOPAT Growth	0.00%	153.12%	-1,170.60%	-13.97%	-23.05%	42.65%	5.42%	56.22%	-40.11%	123.68%
Net Income Growth	0.00%	147.65%	-1,252.59%	-13.87%	-17.80%	44.66%	-1.07%	61.09%	-38.43%	148.93%
EPS Growth	0.00%	150.00%	-1,118.18%	-1.79%	-14.04%	47.69%	4.41%	63.08%	-29.17%	145.16%
Operating Cash Flow Growth	0.00%	-17.89%	54.63%	151.85%	-607.36%	50.15%	-98.14%	183.33%	33.95%	53.44%
Free Cash Flow Firm Growth	0.00%	0.00%	50.10%	281.45%	-166.20%	5.49%	-49.70%	86.68%	30.65%	189.07%
Invested Capital Growth	0.00%	0.00%	-7.43%	-160.25%	-35.77%	12.80%	58.75%	-27.63%	-52.14%	-1.07%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	53.04%	27.04%	6.88%	-4.73%	3.49%	-2.58%	3.87%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	46.16%	-72.62%	13.48%	-45.19%	51.99%	-21.87%	1,118.43%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	42.55%	-59.02%	13.24%	-38.79%	47.08%	-19.29%	313.70%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	41.88%	-55.59%	12.31%	-36.45%	46.87%	-19.00%	239.11%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	40.58%	-52.43%	13.06%	-37.23%	50.90%	-22.26%	247.04%
EPS Q/Q Growth	0.00%	0.00%	0.00%	41.84%	-54.76%	12.82%	-35.42%	52.94%	-24.00%	366.67%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	77.95%	165.08%	-526.16%	-16.75%	-81.50%	99.61%	-2.40%	19.96%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-278.63%	-11.71%	-39.63%	58.88%	-5.75%	226.37%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-306.61%	-39.67%	-17.21%	6.88%	7.35%	-1.77%	-4.64%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.60%	24.61%	19.80%	9.68%	15.51%	24.83%	27.74%	34.11%	36.70%	43.99%
EBITDA Margin	-6.25%	3.08%	-15.22%	-20.02%	-25.54%	-11.35%	-10.56%	-4.10%	-6.22%	2.67%
Operating Margin	-7.12%	1.55%	-16.08%	-23.03%	-29.36%	-13.82%	-11.60%	-5.07%	-6.83%	1.15%
EBIT Margin	-7.40%	2.07%	-16.34%	-22.79%	-28.40%	-12.72%	-11.54%	-5.05%	-6.85%	1.93%
Profit (Net Income) Margin	-7.44%	1.77%	-16.24%	-23.23%	-28.35%	-12.88%	-11.55%	-4.49%	-5.97%	2.82%
Tax Burden Percent	100.61%	85.31%	101.03%	105.37%	100.62%	101.22%	101.75%	105.63%	103.71%	95.27%
Interest Burden Percent	100.00%	100.00%	98.37%	96.75%	99.21%	99.98%	98.36%	84.13%	84.04%	153.37%
Effective Tax Rate	0.00%	14.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.73%
Return on Invested Capital (ROIC)	0.00%	10.23%	-56.89%	-339.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-2.15%	-34.62%	-327.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.47%	18.37%	302.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	10.70%	-38.53%	-36.35%	-60.06%	-45.47%	-56.53%	-23.08%	-29.88%	13.05%
Cash Return on Invested Capital (CROIC)	0.00%	-189.77%	-49.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	3.15%	-18.09%	-14.81%	-21.20%	-14.54%	-18.26%	-8.89%	-11.99%	3.36%
Return on Assets (ROA)	0.00%	2.69%	-17.98%	-15.10%	-21.17%	-14.72%	-18.28%	-7.90%	-10.45%	4.90%
Return on Common Equity (ROCE)	0.00%	10.70%	-38.53%	-36.35%	-60.06%	-45.47%	-56.53%	-23.08%	-29.88%	13.05%
Return on Equity Simple (ROE_SIMPLE)	0.00%	5.35%	-28.01%	-42.26%	-75.69%	-49.74%	-64.57%	-21.34%	-30.23%	0.00%
Net Operating Profit after Tax (NOPAT)	-9.20	4.89	-52	-60	-73	-42	-40	-17	-24	5.78
NOPAT Margin	-4.99%	1.32%	-11.26%	-16.12%	-20.55%	-9.67%	-8.12%	-3.55%	-4.78%	1.09%
Net Nonoperating Expense Percent (NNEP)	0.00%	12.39%	-22.27%	-12.02%	-12.03%	-7.30%	-11.61%	-3.68%	-4.22%	5.53%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-45.40%	-16.88%	-24.20%	4.52%
Cost of Revenue to Revenue	79.40%	75.39%	80.20%	90.32%	84.49%	75.17%	72.26%	65.89%	63.30%	56.01%
SG&A Expenses to Revenue	4.49%	4.45%	11.93%	13.39%	14.31%	11.37%	11.41%	11.48%	14.12%	12.49%
R&D to Revenue	13.24%	9.36%	12.65%	18.75%	16.84%	13.57%	13.19%	13.98%	14.32%	13.91%
Operating Expenses to Revenue	27.73%	23.07%	35.89%	32.71%	44.87%	38.65%	39.34%	39.18%	43.53%	42.84%
Earnings before Interest and Taxes (EBIT)	-14	7.68	-76	-84	-101	-55	-57	-25	-35	10
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-12	11	-71	-74	-91	-49	-52	-20	-32	14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	1.34	2.75	1.57	4.60	7.85	3.54	8.72	11.13	11.60
Price to Tangible Book Value (P/TBV)	0.00	1.34	2.95	1.67	5.02	8.70	4.05	9.77	12.49	12.70
Price to Revenue (P/Rev)	0.89	0.44	1.59	0.86	1.72	2.03	0.63	1.83	2.20	2.80
Price to Earnings (P/E)	0.00	24.96	0.00	0.00	0.00	0.00	0.00	0.00	0.00	99.35
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	4.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.01%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.71	6.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.44	1.20	0.17	1.15	1.63	0.40	1.56	1.90	2.46
Enterprise Value to EBITDA (EV/EBITDA)	0.00	14.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	92.17
Enterprise Value to EBIT (EV/EBIT)	0.00	21.29	0.00	0.00	0.00	0.00	0.00	0.00	0.00	127.65
Enterprise Value to NOPAT (EV/NOPAT)	0.00	33.43	0.00	0.00	0.00	0.00	0.00	0.00	0.00	225.44
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	6.77	0.00	0.00	0.00	19.96	18.93	16.56
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.76	0.00	0.00	0.00	0.00	0.00	206.12
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.07	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.07	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.00	-0.22	-0.53	-0.93	-1.37	-1.55	-1.44	-1.31	-1.41	-1.44
Leverage Ratio	0.00	1.99	2.14	2.41	2.84	3.09	3.09	2.92	2.86	2.66
Compound Leverage Factor	0.00	1.99	2.11	2.33	2.82	3.09	3.04	2.46	2.40	4.08
Debt to Total Capital	0.00%	0.00%	6.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	6.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	100.00%	93.10%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	-0.28	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	2.56	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	-0.28	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	-0.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	3.46	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	-0.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	2.81	2.08	0.78	0.93	2.14	0.66	2.97	3.21	5.30
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.79	1.83	1.60	1.50	1.44	1.43	1.55	1.49	1.51
Quick Ratio	0.00	1.18	1.30	1.31	1.20	1.21	1.11	1.25	1.18	1.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-91	-45	82	-54	-51	-77	-10	-7.10	6.33
Operating Cash Flow to CapEx	-2,231.44%	-1,089.58%	-81.63%	137.62%	-1,195.53%	-1,022.80%	-2,286.67%	1,345.35%	1,908.71%	665.67%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.52	1.11	0.65	0.75	1.14	1.58	1.76	1.75	1.74
Accounts Receivable Turnover	0.00	2.34	2.87	2.52	3.49	5.54	6.74	7.48	8.33	10.91
Inventory Turnover	0.00	3.38	3.60	3.46	4.53	6.35	8.34	7.62	8.18	7.25
Fixed Asset Turnover	0.00	0.00	0.00	10.46	19.22	34.24	57.93	81.21	107.26	59.06
Accounts Payable Turnover	0.00	13.52	7.23	3.44	3.47	4.47	5.20	6.03	5.44	5.56
Days Sales Outstanding (DSO)	0.00	156.09	127.40	144.70	104.73	65.93	54.15	48.79	43.83	33.44
Days Inventory Outstanding (DIO)	0.00	107.86	101.50	105.62	80.63	57.52	43.74	47.91	44.61	50.37
Days Payable Outstanding (DPO)	0.00	26.99	50.52	106.04	105.12	81.61	70.16	60.53	67.15	65.63
Cash Conversion Cycle (CCC)	0.00	236.96	178.39	144.27	80.24	41.85	27.74	36.18	21.29	18.18
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	96	88	-53	-72	-63	-26	-33	-51	-51
Invested Capital Turnover	0.00	7.76	5.05	21.05	-5.68	-6.42	-11.01	-16.58	-12.20	-10.42
Increase / (Decrease) in Invested Capital	0.00	96	-7.10	-142	-19	9.26	37	-7.19	-17	-0.54
Enterprise Value (EV)	0.00	163	560	62	410	709	197	764	971	1,304
Market Capitalization	163	163	741	319	616	884	311	901	1,123	1,483
Book Value per Share	$0.00	$1.97	$3.63	$2.69	$1.69	$1.34	$0.99	$1.09	$1.01	$1.21
Tangible Book Value per Share	$0.00	$1.97	$3.38	$2.52	$1.55	$1.21	$0.87	$0.97	$0.90	$1.10
Total Capital	0.00	122	289	203	134	113	88	103	101	128
Total Debt	0.00	0.00	20	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	20	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	0.00	0.00	-181	-257	-206	-176	-114	-136	-151	-179
Capital Expenditures (CapEx)	1.48	3.58	22	6.66	3.89	2.27	2.01	2.85	2.69	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	106	32	-81	-87	-83	-43	-47	-66	-78
Debt-free Net Working Capital (DFNWC)	0.00	106	233	176	119	93	71	89	86	88
Net Working Capital (NWC)	0.00	106	233	176	119	93	71	89	86	88
Net Nonoperating Expense (NNE)	4.54	-1.66	23	26	28	14	17	4.60	6.08	-9.14
Net Nonoperating Obligations (NNO)	0.00	-27	-181	-257	-206	-176	-114	-136	-151	-179
Total Depreciation and Amortization (D&A)	2.13	3.74	5.19	10	10	5.98	4.77	4.66	3.20	3.93
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	28.65%	6.98%	-21.89%	-24.34%	-19.09%	-8.81%	-9.65%	-12.84%	-14.79%
Debt-free Net Working Capital to Revenue	0.00%	28.65%	50.22%	47.48%	33.38%	21.30%	14.38%	18.14%	16.80%	16.65%
Net Working Capital to Revenue	0.00%	28.65%	50.22%	47.48%	33.38%	21.30%	14.38%	18.14%	16.80%	16.65%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.22)	$0.11	($1.12)	($1.14)	($1.30)	($0.68)	($0.65)	($0.24)	($0.31)	$0.14
Adjusted Weighted Average Basic Shares Outstanding	62.25M	62.25M	67.23M	75.07M	78.08M	82.69M	87.17M	92.75M	98.63M	104.20M
Adjusted Diluted Earnings per Share	($0.22)	$0.11	($1.12)	($1.14)	($1.30)	($0.68)	($0.65)	($0.24)	($0.31)	$0.14
Adjusted Weighted Average Diluted Shares Outstanding	62.25M	62.25M	67.23M	75.07M	78.08M	82.69M	87.17M	92.75M	98.63M	110.16M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	59.50M	74.26M	76.69M	80.50M	84.80M	89.60M	96.17M	102.44M	106.86M
Normalized Net Operating Profit after Tax (NOPAT)	-9.20	4.89	-52	-60	-73	-36	-40	-17	-24	5.78
Normalized NOPAT Margin	-4.99%	1.32%	-11.26%	-16.12%	-20.55%	-8.21%	-8.12%	-3.55%	-4.78%	1.09%
Pre Tax Income Margin	-7.40%	2.07%	-16.07%	-22.05%	-28.17%	-12.72%	-11.35%	-4.25%	-5.76%	2.96%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-14.49%	305.50%

This table displays calculated financial ratios and metrics derived from Arlo Technologies' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	10/1/2023	12/31/2023	3/31/2024	6/30/2024	9/29/2024	12/31/2024	3/30/2025	6/29/2025	9/28/2025	12/31/2025	3/29/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	106,855,416.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	106,855,416.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.14
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.44%	13.98%	11.89%	10.75%	5.90%	-10.01%	-4.13%	1.54%	1.35%	16.23%	26.30%
EBITDA Growth	93.91%	102.24%	25.31%	-77.74%	-492.47%	-1,193.51%	91.57%	119.80%	147.38%	297.21%	1,237.20%
EBIT Growth	84.29%	98.33%	24.99%	-60.70%	-143.16%	-1,512.83%	84.49%	111.90%	124.95%	248.59%	562.58%
NOPAT Growth	84.24%	97.55%	24.96%	-59.43%	-139.59%	-998.38%	86.32%	123.48%	122.34%	205.58%	823.92%
Net Income Growth	92.24%	103.12%	32.30%	-57.00%	-296.34%	-802.46%	91.34%	127.02%	254.83%	218.58%	1,881.68%
EPS Growth	93.75%	103.85%	37.50%	-50.00%	-300.00%	-600.00%	90.00%	125.00%	250.00%	220.00%	1,400.00%
Operating Cash Flow Growth	238.08%	170.98%	91.75%	-48.63%	146.23%	-15.92%	56.11%	36.65%	4.56%	196.31%	-9.88%
Free Cash Flow Firm Growth	117.54%	112.90%	127.94%	-278.48%	58.31%	92.49%	494.55%	295.26%	-99.95%	-61.86%	-355.75%
Invested Capital Growth	-28.28%	-27.63%	-32.40%	-6.72%	-38.51%	-52.14%	-44.98%	-22.11%	1.71%	-1.07%	86.99%
Revenue Q/Q Growth	12.97%	3.92%	-8.06%	2.61%	8.02%	-11.69%	-2.06%	8.68%	7.82%	1.27%	6.43%
EBITDA Q/Q Growth	88.04%	159.01%	-2,135.98%	-23.70%	60.13%	-8.92%	84.31%	390.73%	-4.61%	353.30%	-9.54%
EBIT Q/Q Growth	71.59%	83.50%	-2,743.58%	-20.54%	57.02%	-9.47%	72.66%	192.54%	-9.90%	551.85%	-14.89%
NOPAT Q/Q Growth	71.65%	75.89%	-1,833.28%	-20.65%	57.40%	-10.54%	75.93%	307.16%	-59.46%	422.34%	65.05%
Net Income Q/Q Growth	84.79%	161.79%	-1,493.64%	-19.87%	61.60%	-9.51%	82.82%	474.13%	120.01%	-16.14%	158.10%
EPS Q/Q Growth	87.50%	200.00%	-1,100.00%	-20.00%	66.67%	-25.00%	80.00%	400.00%	100.00%	0.00%	116.67%
Operating Cash Flow Q/Q Growth	-40.70%	6.38%	149.60%	-67.37%	184.22%	-63.67%	363.41%	-71.44%	117.47%	2.95%	40.94%
Free Cash Flow Firm Q/Q Growth	83.39%	7.84%	-54.80%	-299.63%	262.66%	31.13%	39.63%	-34.44%	-99.96%	102,094.15%	-1,036.31%
Invested Capital Q/Q Growth	14.46%	7.35%	-29.22%	-4.22%	-11.02%	-1.77%	-23.14%	12.23%	10.64%	-4.64%	84.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.18%	35.05%	38.15%	36.76%	35.17%	36.90%	44.28%	44.88%	40.50%	46.38%	48.32%
EBITDA Margin	-0.62%	0.35%	-7.84%	-9.45%	-3.49%	-4.30%	-0.69%	1.84%	1.63%	7.30%	6.20%
Operating Margin	-1.75%	-0.34%	-8.54%	-10.04%	-3.96%	-4.96%	-1.22%	1.49%	0.63%	3.34%	5.03%
EBIT Margin	-1.74%	-0.28%	-8.56%	-10.06%	-4.00%	-4.96%	-1.38%	1.18%	0.99%	6.34%	5.07%
Profit (Net Income) Margin	-0.86%	0.51%	-7.76%	-9.07%	-3.22%	-4.00%	-0.70%	2.41%	4.93%	4.08%	9.89%
Tax Burden Percent	102.66%	83.88%	104.27%	102.08%	108.00%	102.79%	250.75%	108.85%	97.81%	94.45%	97.29%
Interest Burden Percent	48.15%	-220.59%	86.97%	88.34%	74.59%	78.40%	20.19%	188.07%	511.05%	68.09%	200.47%
Effective Tax Rate	0.00%	16.12%	0.00%	0.00%	0.00%	0.00%	0.00%	-8.85%	2.19%	5.55%	2.71%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-47.87%	-23.08%	-18.73%	-23.90%	-26.67%	-29.88%	-21.34%	-6.45%	3.80%	13.05%	23.32%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	-2.63%	-0.49%	-15.80%	-18.40%	-6.88%	-8.68%	-2.39%	1.95%	1.51%	11.03%	8.66%
Return on Assets (ROA)	-1.30%	0.90%	-14.32%	-16.60%	-5.54%	-7.00%	-1.21%	3.98%	7.57%	7.09%	16.89%
Return on Common Equity (ROCE)	-47.87%	-23.08%	-18.73%	-23.90%	-26.67%	-29.88%	-21.34%	-6.45%	3.80%	13.05%	23.32%
Return on Equity Simple (ROE_SIMPLE)	-49.76%	0.00%	-17.45%	-21.79%	-25.75%	0.00%	-20.99%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-1.59	-0.38	-7.43	-8.96	-3.82	-4.22	-1.02	2.10	0.85	4.45	7.35
NOPAT Margin	-1.23%	-0.28%	-5.98%	-7.03%	-2.77%	-3.47%	-0.85%	1.63%	0.61%	3.15%	4.89%
Net Nonoperating Expense Percent (NNEP)	0.38%	0.86%	-1.70%	-1.94%	-0.46%	-0.45%	0.12%	0.64%	3.71%	0.79%	4.52%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.37%	-7.43%	-	-	-4.18%	-0.98%	1.78%	0.66%	3.48%	4.61%
Cost of Revenue to Revenue	66.82%	64.95%	61.85%	63.24%	64.83%	63.11%	55.72%	55.12%	59.50%	53.62%	51.68%
SG&A Expenses to Revenue	9.58%	9.83%	15.58%	16.81%	12.39%	11.77%	14.94%	12.62%	10.82%	11.95%	12.11%
R&D to Revenue	12.95%	12.18%	16.74%	15.35%	12.76%	12.56%	13.58%	14.29%	13.00%	14.76%	15.17%
Operating Expenses to Revenue	34.93%	35.39%	46.69%	46.81%	39.13%	41.85%	45.50%	43.38%	39.87%	43.04%	43.30%
Earnings before Interest and Taxes (EBIT)	-2.27	-0.37	-11	-13	-5.51	-6.03	-1.65	1.53	1.38	8.96	7.63
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-0.81	0.48	-9.73	-12	-4.80	-5.23	-0.82	2.38	2.27	10	9.33
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.74	8.72	12.17	12.82	12.20	11.13	10.17	15.01	13.75	11.60	9.02
Price to Tangible Book Value (P/TBV)	12.24	9.77	13.68	14.42	13.77	12.49	11.38	16.56	15.03	12.70	14.19
Price to Revenue (P/Rev)	2.04	1.83	2.41	2.46	2.25	2.20	2.08	3.50	3.49	2.80	2.57
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	413.02	99.35	46.94
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.24%	1.01%	2.13%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	1.78	1.56	2.13	2.18	1.97	1.90	1.75	3.16	3.14	2.46	2.27
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	92.17	52.31
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	127.65	65.19
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	225.44	86.07
Enterprise Value to Operating Cash Flow (EV/OCF)	43.92	19.96	22.47	27.09	19.70	18.93	14.18	24.73	24.36	16.56	16.79
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	682.71	731.50	0.00	206.12	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-1.34	-1.31	-1.40	-1.48	-1.46	-1.41	-1.52	-1.46	-1.44	-1.44	-1.27
Leverage Ratio	3.35	2.92	2.94	3.12	3.26	2.86	2.88	2.83	2.93	2.66	2.50
Compound Leverage Factor	1.61	-6.44	2.55	2.76	2.43	2.24	0.58	5.32	14.99	1.81	5.01
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.94	3.25	4.00	4.00	3.47	3.53	3.36	5.48	5.03	5.28	4.81
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.40	1.55	1.50	1.48	1.42	1.49	1.42	1.47	1.42	1.51	1.52
Quick Ratio	1.05	1.25	1.17	1.16	1.09	1.18	1.15	1.22	1.14	1.20	1.21
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	6.31	6.81	3.08	-6.14	9.99	13	18	12	0.00	5.00	-47
Operating Cash Flow to CapEx	1,509.92%	1,988.72%	5,563.48%	2,190.51%	1,911.13%	620.07%	1,103.07%	296.81%	455.26%	1,080.33%	1,151.84%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.51	1.76	1.84	1.83	1.72	1.75	1.73	1.65	1.54	1.74	1.71
Accounts Receivable Turnover	6.20	7.48	9.23	8.68	7.55	8.33	9.86	8.24	7.02	10.91	11.41
Inventory Turnover	5.09	7.62	7.68	7.84	6.34	8.18	7.90	7.98	6.17	7.25	7.84
Fixed Asset Turnover	76.92	81.21	88.75	101.40	102.95	107.26	87.92	79.63	60.57	59.06	52.46
Accounts Payable Turnover	3.40	6.03	5.60	4.91	3.80	5.44	5.25	4.89	3.46	5.56	6.88
Days Sales Outstanding (DSO)	58.84	48.79	39.56	42.05	48.33	43.83	37.01	44.28	52.03	33.44	31.98
Days Inventory Outstanding (DIO)	71.74	47.91	47.56	46.53	57.56	44.61	46.21	45.74	59.12	50.37	46.55
Days Payable Outstanding (DPO)	107.31	60.53	65.16	74.37	96.17	67.15	69.48	74.69	105.48	65.63	53.02
Cash Conversion Cycle (CCC)	23.27	36.18	21.96	14.21	9.72	21.29	13.74	15.34	5.66	18.18	25.51
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-36	-33	-43	-45	-50	-51	-62	-55	-49	-51	-8.10
Invested Capital Turnover	-14.88	-16.58	-13.39	-11.93	-12.26	-12.20	-9.62	-10.22	-10.35	-10.42	-15.94
Increase / (Decrease) in Invested Capital	-7.91	-7.19	-11	-2.82	-14	-17	-19	-9.89	0.85	-0.54	54
Enterprise Value (EV)	843	764	1,074	1,128	1,036	971	885	1,602	1,598	1,304	1,271
Market Capitalization	969	901	1,217	1,272	1,182	1,123	1,051	1,775	1,776	1,483	1,438
Book Value per Share	$0.96	$1.09	$1.04	$1.02	$0.97	$1.01	$1.01	$1.14	$1.24	$1.21	$1.49
Tangible Book Value per Share	$0.84	$0.97	$0.92	$0.90	$0.86	$0.90	$0.90	$1.04	$1.13	$1.10	$0.95
Total Capital	90	103	100	99	97	101	103	118	129	128	159
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-126	-136	-143	-144	-147	-151	-166	-173	-178	-179	-167
Capital Expenditures (CapEx)	0.49	0.40	0.36	0.30	0.96	1.08	2.80	2.98	4.22	1.83	2.42
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-51	-47	-57	-58	-64	-66	-80	-74	-76	-78	-74
Debt-free Net Working Capital (DFNWC)	75	89	86	86	82	86	73	86	89	88	94
Net Working Capital (NWC)	75	89	86	86	82	86	73	86	89	88	94
Net Nonoperating Expense (NNE)	-0.47	-1.08	2.22	2.60	0.62	0.64	-0.18	-1.02	-6.02	-1.31	-7.52
Net Nonoperating Obligations (NNO)	-126	-136	-143	-144	-147	-151	-166	-173	-178	-179	-167
Total Depreciation and Amortization (D&A)	1.46	0.85	0.90	0.78	0.71	0.81	0.83	0.86	0.90	1.35	1.70
Debt-free, Cash-free Net Working Capital to Revenue	-10.80%	-9.65%	-11.36%	-11.30%	-12.26%	-12.84%	-15.84%	-14.59%	-14.92%	-14.79%	-13.12%
Debt-free Net Working Capital to Revenue	15.76%	18.14%	16.96%	16.57%	15.69%	16.80%	14.43%	17.00%	17.56%	16.65%	16.76%
Net Working Capital to Revenue	15.76%	18.14%	16.96%	16.57%	15.69%	16.80%	14.43%	17.00%	17.56%	16.65%	16.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.01)	$0.01	($0.10)	($0.12)	($0.04)	($0.05)	($0.01)	$0.03	$0.07	$0.05	$0.14
Adjusted Weighted Average Basic Shares Outstanding	94.24M	92.75M	96.26M	97.84M	99.73M	98.63M	102.22M	103.89M	105.20M	104.20M	107.00M
Adjusted Diluted Earnings per Share	($0.01)	$0.01	($0.10)	($0.12)	($0.04)	($0.05)	($0.01)	$0.03	$0.06	$0.06	$0.13
Adjusted Weighted Average Diluted Shares Outstanding	94.24M	92.75M	96.26M	97.84M	99.73M	98.63M	102.22M	108.06M	109.64M	110.16M	110.49M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	94.63M	96.17M	97.58M	99.94M	100.34M	102.44M	103.40M	104.37M	105.99M	106.86M	108.61M
Normalized Net Operating Profit after Tax (NOPAT)	-1.59	-0.38	-7.43	-8.96	-3.82	-4.22	-1.02	1.35	0.85	4.45	7.35
Normalized NOPAT Margin	-1.23%	-0.28%	-5.98%	-7.03%	-2.77%	-3.47%	-0.85%	1.05%	0.61%	3.15%	4.89%
Pre Tax Income Margin	-0.84%	0.61%	-7.45%	-8.89%	-2.99%	-3.89%	-0.28%	2.22%	5.04%	4.32%	10.17%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-14.49%	-90.62%	-293.40%	726.46%	305.50%	123.03%

Financials Breakdown Chart

Key Financial Trends

Here are actionable takeaways on Arlo Technologies (NYSE: ARLO) based on quarterly data from the last four years (2022–2025), focusing on revenue, margins, cash flow, and balance-sheet trends. Bullets highlight potential positive, neutral, or negative implications for investors.

Q4 2025 revenue rose to $141.3 million, up from $121.6 million in Q4 2024, signaling improved top-line momentum. Gross profit was $65.5 million with a gross margin around 46%, up notably from roughly 37% in Q4 2024.
Q4 2025 operating income turned positive at $4.72 million, a meaningful reversal from quarterly losses seen in several prior periods.
Q4 2025 net income attributable to common shareholders was $5.76 million, with basic earnings per share of $0.05 and diluted $0.06, marking a rare quarterly profit in the window reviewed.
Q4 2025 cash flow showed strength: net cash from continuing operating activities about $19.8 million, and net change in cash and equivalents of roughly $60.4 million, indicating improved liquidity.
Investing activity in Q4 2025 included significant liquidity management via sale/maturity of investments totaling about $60.0 million, while capital expenditures (PPE) were modest (~$1.8 million). This supports the quarterly cash-flow improvement.
Revenue has been volatile over the four-year span, fluctuating in the mid-double-digit millions and not showing a steady, consistent year-over-year uptrend across all quarters.
Balance-sheet data show negative retained earnings in multiple periods, highlighting historical losses and an ongoing need to generate cash from operations to repair equity over time.
Debt burden appears light across the quarters, with financing activity showing modest equity issuance and some buybacks; overall, liquidity management has included notable investment activity and occasional financing maneuvers rather than heavy leverage.
Historically, several quarters posted net losses, including 2024 Q4 (-$4.86 million) and 2023 Q4 (-$4.87 million), underscoring profitability challenges preceding the 2025 upturn.
Operating expenses have been high relative to revenue in earlier periods (for example, Q4 2024 total operating expenses of about $50.88 million on revenue of $121.57 million), which weighed on margins prior to the recent improvements.

Bottom line: The latest quarter shows encouraging signs — revenue growth, improved gross margins, and a first-quarter-like positive operating income alongside solid cash generation. If Arlo sustains this trajectory, the company could continue to convert higher revenue into profits and stronger liquidity. Investors should watch for continued margin expansion, recurring operating-profitability, and how ongoing investing/financing actions affect the balance sheet in upcoming quarters.

05/26/26 11:30 PM ETAI Generated. May Contain Errors.

Arlo Technologies Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Arlo Technologies' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Arlo Technologies' net income appears to be on a downward trend, with a most recent value of $14.93 million in 2025, falling from -$13.74 million in 2016. The previous period was -$30.50 million in 2024. See where experts think Arlo Technologies is headed by visiting Arlo Technologies' forecast page.

Arlo Technologies' total operating income in 2025 was $6.07 million, based on the following breakdown:

Total Gross Profit: $232.84 million
Total Operating Expenses: $226.77 million

Over the last 9 years, Arlo Technologies' total revenue changed from $184.60 million in 2016 to $529.30 million in 2025, a change of 186.7%.

Arlo Technologies' total liabilities were at $182.71 million at the end of 2025, a 7.5% decrease from 2024, and a 23.5% increase since 2017.

In the past 8 years, Arlo Technologies' cash and equivalents has ranged from $0.00 in 2017 to $236.68 million in 2019, and is currently $146.44 million as of their latest financial filing in 2025.

Over the last 9 years, Arlo Technologies' book value per share changed from 0.00 in 2016 to 1.21 in 2025, a change of 120.6%.

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Financial statements for NYSE:ARLO last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Arlo Technologies (ARLO) Financials

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Arlo Technologies (ARLO) Financials

Annual Income Statements for Arlo Technologies

Quarterly Income Statements for Arlo Technologies

Annual Cash Flow Statements for Arlo Technologies

Quarterly Cash Flow Statements for Arlo Technologies

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Quarterly Balance Sheets for Arlo Technologies

Annual Metrics And Ratios for Arlo Technologies

Quarterly Metrics And Ratios for Arlo Technologies

Financials Breakdown Chart

Key Financial Trends

Arlo Technologies Financials - Frequently Asked Questions

When does Arlo Technologies' financial year end?

How has Arlo Technologies' net income changed over the last 9 years?

What is Arlo Technologies' operating income?

How has Arlo Technologies' revenue changed over the last 9 years?

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How has Arlo Technologies' book value per share changed over the last 9 years?

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