← Arlo Technologies, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $6.5m |
($75.5m)
-1252.59%
|
($86.0m)
-13.87%
|
($101.3m)
-17.80%
|
($56.0m)
+44.66%
|
($56.6m)
-1.07%
|
($22.0m)
+61.09%
|
($30.5m)
-38.43%
|
$14.9m
+148.93%
|
— | |
| Depreciation and amortization | $3.7m | $5.3m | $10.7m | $10.2m | $6.0m | $4.8m | $4.7m | $3.2m | $3.9m | $6.9m | |
| Amortization Of Securities | — | — | — | — | — | $24k | ($2.0m) | ($3.3m) | ($2.7m) | ($2.7m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | $4.8m | $4.7m | $3.2m | $3.9m | $6.9m | |
| Deferred income taxes | ($388k) | ($1.1m) | ($210k) | $50k | ($296k) | $181k | $112k | ($13k) | ($216k) | $52k | |
| Deferred Tax | — | — | — | — | — | $181k | $112k | ($13k) | ($216k) | $52k | |
| Stock-based compensation expense, net of amounts capitalized | $2.5m | $8.8m | $22.9m | $35.2m | $38.0m | $48.5m | $47.9m | $68.7m | $62.3m | $71.8m | |
| Stock-based compensation expense capitalized for software development | — | — | — | — | — | — | $0 | $0 | $1.6m | $71.8m | |
| Asset Impairment Charge | — | — | — | — | $9.1m | $0 | $0 | — | — | — | |
| Change In Working Capital | — | — | — | — | — | ($42.6m) | $9.3m | $11.1m | $3.7m | ($21.2m) | |
| Accounts receivable, net | ($75.8m) | ($118.8m) | $38.2m | $49.8m | ($1.7m) | $13.5m | $690k | $8.2m | $17.7m | ($2.1m) | |
| Change In Receivables | — | — | — | — | — | $13.5m | $690k | $8.2m | $17.7m | ($2.1m) | |
| Changes In Account Receivables | — | — | — | — | — | $13.5m | $690k | $8.2m | $17.7m | ($2.1m) | |
| Inventories | ($35.6m) | ($48.9m) | $53.6m | $2.9m | $29.3m | ($7.9m) | $7.8m | ($4.5m) | ($1.4m) | ($15.4m) | |
| Change In Inventory | — | — | — | — | — | ($7.9m) | $7.8m | ($4.5m) | ($1.4m) | ($15.4m) | |
| Accounts payable | ($350k) | $87.3m | $28.8m | ($49.3m) | $22.2m | ($32.5m) | $3.7m | $8.3m | ($21.1m) | ($1.1m) | |
| Purchases of property and equipment included in accounts payable and accrued liabilities | $81k | $16.0m | $1.1m | $564k | $379k | $946k | $189k | $708k | $470k | ($11.4m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | ($32.4m) | ($4.2m) | $1.6m | ($23.9m) | ($1.1m) | |
| Deferred revenue | $24.0m | $11.3m | $22.6m | $3.6m | ($38.9m) | ($19.3m) | $6.6m | $9.4m | $11.1m | — | |
| Accrued and other liabilities | $36.0m | $123.9m | ($34.7m) | ($8.9m) | ($24.2m) | $149k | ($8.0m) | ($6.7m) | ($2.9m) | — | |
| Change In Accrued Expense | — | — | — | — | — | $149k | ($8.0m) | ($6.7m) | ($2.9m) | ($10.5m) | |
| Prepaid expenses and other assets | $62k | ($16.6m) | $11.5m | $10.4m | ($3.5m) | $3.4m | ($1.5m) | ($3.6m) | $318k | — | |
| Net cash provided by operating activities | ($39.0m) |
($17.7m)
+54.63%
|
$9.2m
+151.85%
|
($46.5m)
-607.36%
|
($23.2m)
+50.15%
|
($46.0m)
-98.14%
|
$38.3m
+183.33%
|
$51.3m
+33.95%
|
$78.7m
+53.44%
|
$78.2m
-0.61%
|
|
| Purchases of property and equipment, including capitalized software | — | — | — | — | — | ($2.0m) | ($2.8m) | ($2.7m) | ($11.8m) | ($11.4m) | |
| Discount accretion on investments and other | — | — | — | — | ($3k) | $24k | ($2.0m) | ($3.3m) | ($2.7m) | — | |
| Purchases of short-term investments | $0 | ($54.6m) | ($29.8m) | ($50.1m) | $0 | ($69.3m) | ($149.9m) | ($205.1m) | ($112.9m) | — | |
| Proceeds from maturities of short-term investments | $0 | $5.0m | $60.0m | $50.0m | $20.0m | $39.5m | $102.0m | $218.6m | $165.0m | — | |
| Net cash provided by (used in) investing activities | ($4.3m) | ($71.3m) | $76.3m | ($4.0m) | $17.7m | ($31.8m) | ($50.7m) | $10.8m | $27.8m | $10.3m | |
| Repurchase of common stock | — | — | — | — | — | $0 | $0 | ($4.4m) | ($45.6m) | — | |
| Common Stock Payments | — | — | — | — | — | $0 | $0 | ($4.4m) | ($45.6m) | ($59.7m) | |
| Net Common Stock Issuance | — | — | — | — | — | $0 | $0 | ($4.4m) | ($45.6m) | ($59.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | $0 | $0 | ($4.4m) | ($45.6m) | ($59.7m) | |
| Net Other Financing Charges | — | — | — | — | ($13.2m) | ($18.2m) | ($23.6m) | ($44.7m) | — | ($44.7m) | |
| Net cash used in financing activities | $43.2m |
$244.3m
+465.64%
|
($38k)
-100.02%
|
($23k)
+39.47%
|
($5.0m)
-21508.70%
|
($13.9m)
-180.52%
|
($15.1m)
-8.61%
|
($40.8m)
-169.23%
|
($42.1m)
-3.19%
|
($56.5m)
-34.35%
|
|
| Net increase (decrease) in cash, cash equivalents, and restricted cash | ($112k) | $155.3m | $85.4m | ($50.5m) | ($10.4m) | ($91.7m) | ($27.5m) | $21.4m | $64.4m | — | |
| Cash, cash equivalents, and restricted cash, at beginning of period | $108k | $155.4m | $240.8m | $190.3m | $179.9m | $88.2m | $60.7m | $82.0m | $146.4m | — | |
| Beginning Cash Position | — | — | — | — | — | $179.9m | $88.2m | $60.7m | $82.0m | $71.2m | |
| Restricted cash | — | — | — | $4.2m | $4.1m | $4.2m | $4.1m | $0 | $0 | — | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Gain on early lease termination | — | — | — | — | — | — | $0 | $0 | ($4.1m) | — | |
| Allowance for credit losses and non-cash changes to reserves | — | — | — | — | ($3.1m) | ($190k) | $279k | $2.1m | $888k | — | |
| Purchase of long-term investment | — | — | — | — | — | — | $0 | $0 | ($12.5m) | — | |
| Proceeds related to employee benefit plans | $0 | $0 | $1.8m | $4.8m | $8.2m | $4.3m | $8.5m | $8.4m | $3.5m | — | |
| Restricted stock unit withholdings | — | $0 | ($1.9m) | ($4.8m) | ($13.2m) | ($18.2m) | ($23.6m) | ($44.7m) | $0 | — | |
| Cash and cash equivalents | — | — | — | $186.1m | $175.7m | $84.0m | $56.5m | $82.0m | $146.4m | $71.2m | |
| Cash paid for income taxes, net | $0 | $89k | $960k | $5.6m | $964k | $415k | $1.2m | $1.2m | $1.2m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | ($13.9m) | ($15.1m) | ($40.8m) | ($42.1m) | ($56.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($31.8m) | ($50.7m) | $10.8m | $27.8m | $10.3m | |
| Change In Account Payable | — | — | — | — | — | ($32.5m) | $3.7m | $8.3m | ($21.1m) | ($1.1m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | ($91.7m) | ($27.5m) | $21.4m | $64.4m | — | |
| Change In Other Working Capital | — | — | — | — | — | ($19.3m) | $6.6m | $9.4m | $11.1m | $9.3m | |
| Change In Payable | — | — | — | — | — | ($32.5m) | $3.7m | $8.3m | ($21.1m) | ($1.1m) | |
| Change In Prepaid Assets | — | — | — | — | — | $3.4m | ($1.5m) | ($3.6m) | $318k | ($1.3m) | |
| Changes In Cash | — | — | — | — | — | ($91.7m) | ($27.5m) | $21.4m | $64.4m | $32.1m | |
| End Cash Position | — | — | — | — | — | $88.2m | $60.7m | $82.0m | $146.4m | $103.3m | |
| Financing Cash Flow | — | — | — | — | — | ($13.9m) |
($15.1m)
-8.61%
|
($40.8m)
-169.23%
|
($42.1m)
-3.19%
|
($56.5m)
-34.35%
|
|
| Free Cash Flow | — | — | — | — | — | ($48.0m) | $35.5m | $48.6m | $66.9m | $66.9m | |
| Investing Cash Flow | — | — | — | — | — | ($31.8m) | ($50.7m) | $10.8m | $27.8m | $10.3m | |
| Net Investment Purchase And Sale | — | — | — | — | — | ($29.8m) | ($47.8m) | $13.5m | $39.6m | $69.9m | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($2.0m) | ($2.8m) | ($2.7m) | ($11.8m) | ($11.4m) | |
| Other Non Cash Items | — | — | — | — | ($3k) | $24k | — | — | ($4.1m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $4.3m | $8.5m | $8.4m | $3.5m | $3.2m | |
| Provisionand Write Offof Assets | — | — | — | — | — | ($190k) | $279k | $2.1m | $888k | $2.2m | |
| Purchase Of Investment | — | — | — | — | — | ($69.3m) | ($149.9m) | ($205.1m) | ($125.4m) | ($74.1m) | |
| Purchase Of PPE | — | — | $6.7m | $3.9m | $2.3m | ($2.0m) | ($2.8m) | ($2.7m) | ($11.8m) | ($11.4m) | |
| Sale Of Investment | — | — | — | — | — | $39.5m | $102.0m | $218.6m | $165.0m | $143.9m | |
| Stock Based Compensation | — | — | — | — | — | $48.5m | $47.9m | $68.7m | $62.3m | $71.8m |