Alarmcom Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
ALRM$65.86+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except share and per share data)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenue: | ||||
| SaaS and license revenue | $159,276 | $145,027 | $465,547 | $420,853 |
| Hardware and other revenue | 81,221 | 76,827 | 232,040 | 234,592 |
| Total revenue | 240,497 | 221,854 | 697,587 | 655,445 |
| Cost of revenue(1): | ||||
| Cost of SaaS and license revenue | 23,099 | 21,917 | 65,621 | 63,076 |
| Cost of hardware and other revenue | 61,649 | 59,488 | 176,924 | 180,868 |
| Total cost of revenue | 84,748 | 81,405 | 242,545 | 243,944 |
| Operating expenses: | ||||
| Sales and marketing | 27,010 | 23,861 | 80,301 | 74,278 |
| General and administrative | 25,712 | 31,455 | 81,112 | 88,753 |
| Research and development | 62,221 | 61,014 | 193,907 | 183,840 |
| Amortization and depreciation | 7,612 | 7,948 | 22,029 | 23,481 |
| Total operating expenses | 122,555 | 124,278 | 377,349 | 370,352 |
| Operating income | 33,194 | 16,171 | 77,693 | 41,149 |
| Interest expense | (4,315) | (906) | (7,079) | (2,601) |
| Interest income | 14,384 | 8,493 | 33,780 | 21,092 |
| Other expense, net | (89) | (435) | (1,665) | (1,214) |
| Income before income taxes | 43,174 | 23,323 | 102,729 | 58,426 |
| Provision for income taxes | 6,718 | 3,972 | 10,349 | 9,257 |
| Net income | 36,456 | 19,351 | 92,380 | 49,169 |
| Net loss attributable to redeemable noncontrolling interests | 226 | 173 | 1,408 | 570 |
| Net income attributable to common stockholders | $36,682 | $19,524 | $93,788 | $49,739 |
| Per share information attributable to common stockholders: | ||||
| Net income attributable to common stockholders per share: | ||||
| Basic | $0.74 | $0.39 | $1.89 | $1.00 |
| Diluted | $0.67 | $0.37 | $1.73 | $0.94 |
| Weighted average common shares outstanding: | ||||
| Basic | 49,282,514 | 49,917,533 | 49,691,263 | 49,782,571 |
| Diluted | 59,780,908 | 54,778,793 | 57,212,003 | 54,588,826 |
(1)Exclusive of amortization and depreciation shown in operating expenses below.
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