Below are the financial statements of Alarm.com Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | — | — | — |
| SaaS and license revenue | 631.2a | 569.2a | 520.38a |
| Hardware and other revenue | 308.63a | 312.48a | 322.18a |
| Total revenue | 939.83a | 881.68a | 842.56a |
| Cost of revenue | — | — | — |
| Cost of SaaS and license revenue | -89.51a | -85.9a | -73.9a |
| Cost of hardware and other revenue | -236.64a | -239.26a | -268.68a |
| Total cost of revenue | -326.15a | -325.16a | -342.58a |
| Operating expenses | — | — | — |
| Sales and marketing | -111.24a | -100.23a | -92.75a |
| General and administrative | -108.88a | -112.93a | -106.69a |
| Research and development | -255.88a | -245.11a | -218.64a |
| Amortization and depreciation | -29.13a | -31.42a | -30.87a |
| Total operating expenses | -505.13a | -489.69a | -448.94a |
| Operating income | 108.55a | 66.83a | 51.04a |
| Interest expense | -11.43a | -3.43a | -3.14a |
| Interest income | 47.36a | 29.8a | 8.76a |
| Other (expense) / income, net | -2.67a | 4.62a | -0.06a |
| Income before income taxes | 141.81a | 97.83a | 56.59a |
| Provision for income taxes | -19.29a | -17.49a | -0.96a |
| Net income | 122.51a | 80.34a | 55.63a |
| Net loss attributable to redeemable noncontrolling interests | 1.6a | 0.7a | 0.71a |
| Net income attributable to common stockholders | 124.12a | 81.04a | 56.34a |
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