Arlo Technologies, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total revenue $370.7m $464.9m $370.0m $357.2m $435.1m $490.4m $491.2m $510.9m $529.3m
Total cost of revenue $279.4m $372.8m $334.2m $301.8m $327.1m $354.4m $323.6m $323.4m $296.5m
Gross profit $91.2m $92.1m $35.8m $55.4m $108.0m $136.0m $167.6m $187.5m $232.8m
Research and development $34.7m $58.8m $69.4m $60.1m $59.1m $64.7m $68.6m $73.2m $73.7m
Total operating expenses $85.5m $166.8m $121.0m $160.3m $168.2m $192.9m $192.5m $222.4m $226.8m
Sales and marketing $34.3m $52.6m $57.0m $49.1m $48.9m $70.1m $66.1m $73.7m $84.8m
General and administrative $15.1m $28.2m $47.6m $51.1m $49.5m $55.9m $56.4m $72.1m $66.1m
Income (loss) from operations $5.7m ($74.8m) ($85.2m) ($104.9m) ($60.1m) ($56.9m) ($24.9m) ($34.9m) $6.1m
Gain on early lease termination $0 $0 $4.1m
Interest income, net $926k $3.9m $5.6m $5.5m
Income (loss) before income taxes $7.7m ($74.7m) ($81.6m) ($100.6m) ($55.4m) ($55.7m) ($20.9m) ($29.4m) $15.7m
Effective income tax rate $1.1m $772k $4.4m $625k $677k $975k $1.2m $1.1m $741k
Other comprehensive income (loss), net of tax $5k ($3k) ($107k) $427k ($286k) ($18k)
Total other income, net $4.0m $5.5m $9.6m
Total comprehensive income (loss) ($101.2m) ($56.0m) ($56.7m) ($21.6m) ($30.8m) $14.9m
Net income (loss) $6.5m ($75.5m) ($86.0m) ($101.3m) ($56.0m) ($56.6m) ($22.0m) ($30.5m) $14.9m
Basic (in dollars per share) $0.11 ($1.12) ($1.14) ($1.30) ($0.68) ($0.65) ($0.24) ($0.31) $0.14
Diluted (in dollars per share) $0.11 ($1.12) ($1.14) ($1.30) ($0.68) ($0.65) ($0.24) ($0.31) $0.14
Other operating expense ($44k) $1.6m $387k $1.3m $3.4m $2.2m
Other income (expense), net $1.9m ($1.2m) $913k $3.4m $4.8m $302k $107k ($104k) $0