Business
Alarm.com Reports First Quarter 2025 Results
-- First quarter SaaS and license revenue increased 9.0% to $163.8 million, compared to $150.3 million for the first quarter of 2024 -- -- First quarter GAAP
About this update from Alarm.com Holdings, Inc.
[{"type":"text","content":"\n-- First quarter SaaS and license revenue increased 9.0% to $163.8 million, compared to $150.3 million for the first quarter of 2024 --\n\n-- First quarter GAAP net income increased 18.4% to $27.7 million, compared to $23.4 million for the first quarter of 2024 --\n\n-- First quarter non-GAAP adjusted EBITDA increased 17.5% to $43.5 million, compared to $37.0 million for the first quarter of 2024 --\n\n TYSONS, Va.--(BUSINESS WIRE)--\nAlarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today reported financial results for its first quarter ended March 31, 2025. Alarm.com also provided its financial outlook for SaaS and license revenue for the second quarter of 2025 and its guidance for the full year of 2025.\n\nFirst Quarter 2025 Financial Results as Compared to First Quarter 2024\n\n\nSaaS and license revenue increased 9.0% to $163.8 million, compared to $150.3 million.\n\n\nTotal revenue increased 7.0% to $238.8 million, compared to $223.3 million.\n\n\nGAAP net income increased 18.4% to $27.7 million, compared to $23.4 million. GAAP net income attributable to common stockholders increased 18.5% to $28.0 million, or $0.52 per diluted share, compared to $23.6 million, or $0.44 per diluted share.\n\n\nNon-GAAP adjusted EBITDA(*) increased 17.5% to $43.5 million, compared to $37.0 million.\n\n\nNon-GAAP adjusted net income attributable to common stockholders(*) increased 11.3% to $30.4 million, or $0.54 per diluted share, compared to $27.3 million, or $0.50 per diluted share.\n\n\nBalance Sheet and Cash Flow\n\n\nTotal cash and cash equivalents was $1.19 billion as of March 31, 2025, compared to $1.22 billion as of December 31, 2024.\n\n\nFor the three months ended March 31, 2025, cash flows from operating activities was $24.1 million, compared to $49.9 million for the three months ended March 31, 2024. For the three months ended March 31, 2025, non-GAAP free cash flow(*) was $17.9 million, compared to $46.8 million for the three months ended March 31, 2024.\n\n\n(*) Reconciliations of the non-GAAP measures are set forth at the end of this press release.\n\nRecent Business Highlights\n\n\nExpanded Video Product Line-Up: Alarm.com’s new ADC-V516 indoor Wi-Fi camera elevates its entry-level offering while delivering a more competitive price point. Designed for both residential a...