Alarm.com (ALRM) Revenue & Revenue Breakdown
Alarm.com Revenue Highlights
Latest Revenue (Y)
$881.68M
Latest Revenue (Q)
$233.81M
Main Segment (Y)
License and Service
Alarm.com Revenue by Period
Alarm.com Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $881.68M | 4.64% |
| 2022-12-31 | $842.56M | 12.50% |
| 2021-12-31 | $748.97M | 21.19% |
| 2020-12-31 | $618.00M | 23.02% |
| 2019-12-31 | $502.36M | 19.47% |
| 2018-12-31 | $420.49M | 24.06% |
| 2017-12-31 | $338.94M | 29.81% |
| 2016-12-31 | $261.11M | 25.00% |
| 2015-12-31 | $208.89M | 24.85% |
| 2014-12-31 | $167.31M | 28.48% |
| 2013-12-31 | $130.22M | 34.98% |
| 2012-12-31 | $96.47M | - |
Alarm.com generated $881.68M in revenue during NA 2023, up 4.64% compared to the previous quarter, and up 209.68% compared to the same period a year ago.
Alarm.com Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $233.81M | 4.71% |
| 2024-03-31 | $223.28M | -1.31% |
| 2023-12-31 | $226.24M | 1.98% |
| 2023-09-30 | $221.85M | -0.90% |
| 2023-06-30 | $223.88M | 6.75% |
| 2023-03-31 | $209.72M | 0.76% |
| 2022-12-31 | $208.14M | -3.70% |
| 2022-09-30 | $216.14M | 1.55% |
| 2022-06-30 | $212.84M | 3.61% |
| 2022-03-31 | $205.44M | 5.20% |
| 2021-12-31 | $195.29M | 1.54% |
| 2021-09-30 | $192.32M | 1.84% |
| 2021-06-30 | $188.86M | 9.48% |
| 2021-03-31 | $172.50M | 4.18% |
| 2020-12-31 | $165.58M | 4.23% |
| 2020-09-30 | $158.85M | 12.15% |
| 2020-06-30 | $141.64M | -6.78% |
| 2020-03-31 | $151.94M | 8.15% |
| 2019-12-31 | $140.49M | 9.86% |
| 2019-09-30 | $127.88M | 5.11% |
| 2019-06-30 | $121.66M | 8.30% |
| 2019-03-31 | $112.33M | 0.84% |
| 2018-12-31 | $111.40M | -0.40% |
| 2018-09-30 | $111.85M | 7.04% |
| 2018-06-30 | $104.49M | 12.65% |
| 2018-03-31 | $92.76M | 4.46% |
| 2017-12-31 | $88.79M | -1.30% |
| 2017-09-30 | $89.96M | 4.62% |
| 2017-06-30 | $85.99M | 15.90% |
| 2017-03-31 | $74.19M | 6.30% |
| 2016-12-31 | $69.79M | 2.87% |
| 2016-09-30 | $67.85M | 5.31% |
| 2016-06-30 | $64.42M | 9.11% |
| 2016-03-31 | $59.04M | 3.73% |
| 2015-12-31 | $56.92M | 5.40% |
| 2015-09-30 | $54.01M | 3.96% |
| 2015-06-30 | $51.95M | 12.91% |
| 2015-03-31 | $46.01M | 1.01% |
| 2014-12-31 | $45.55M | 6.35% |
| 2014-09-30 | $42.83M | 1.79% |
| 2014-06-30 | $42.08M | 14.18% |
| 2014-03-31 | $36.85M | - |
Alarm.com generated $233.81M in revenue during Q2 2024, up 4.71% compared to the previous quarter, and up 111.49% compared to the same period a year ago.
Alarm.com Revenue Breakdown
Alarm.com Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Hardware and Other Revenue | $312.48M | $322.18M | $288.60M | $224.75M | $164.99M |
| License and Service | $569.20M | $520.38M | $460.37M | $393.26M | $337.38M |
Alarm.com's latest annual revenue breakdown by segment (product or service), as of Dec 23: License and Service (64.56%), and Hardware and Other Revenue (35.44%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hardware and Other Revenue | $72.94M | $154.72M | $83.44M | $74.32M | $73.59M | $83.01M | $83.37M | $82.21M | $73.55M | $74.27M | $75.67M | $65.11M | $60.10M | $58.73M | $45.93M | $59.99M | $50.43M | $42.96M | $39.33M | $32.28M |
| License and Service | $150.34M | $293.37M | $140.43M | $135.39M | $133.13M | $129.47M | $123.22M | $121.74M | $118.06M | $113.19M | $107.38M | $105.48M | $100.13M | $95.70M | $91.95M | $90.06M | $84.92M | $82.33M | $80.06M | - |
Alarm.com's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: License and Service (67.33%), and Hardware and Other Revenue (32.67%).
Alarm.com Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PCTY | Paylocity | $1.40B | $362.96M |
| ALRM | Alarm.com | $881.68M | $233.81M |
| PYCR | Paycor HCM | $654.95M | $187.02M |
| APPF | AppFolio | $620.45M | $205.73M |
| ADEA | Adeia | $388.79M | $87.35M |
| XPER | Xperi | $388.79M | $87.35M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| ALKT | Alkami | $264.83M | $85.91M |
| AGYS | Agilysys | $237.46M | $68.28M |
| ENFN | Enfusion | $174.53M | $49.45M |
| ONTF | ON24 | $163.71M | $37.35M |
| AMSWA | American Software | $102.52M | $26.19M |
ALRM Revenue FAQ
What is Alarm.com’s yearly revenue?
Alarm.com's yearly revenue for 2023 was $881.68M, representing an increase of 4.64% compared to 2022. The company's yearly revenue for 2022 was $842.56M, representing an increase of 12.50% compared to 2021. ALRM's yearly revenue for 2021 was $748.97M, representing an increase of 21.19% compared to 2020.
What is Alarm.com’s quarterly revenue?
Alarm.com's quarterly revenue for Q2 2024 was $233.81M, a 4.71% increase from the previous quarter (Q1 2024), and a 4.44% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $223.28M, a -1.31% decrease from the previous quarter (Q4 2023), and a 6.47% increase year-over-year (Q1 2023). ALRM's quarterly revenue for Q4 2023 was $226.24M, a 1.98% increase from the previous quarter (Q3 2023), and a 8.70% increase year-over-year (Q4 2022).
What is Alarm.com’s revenue growth rate?
Alarm.com's revenue growth rate for the last 3 years (2021-2023) was 17.72%, and for the last 5 years (2019-2023) was 75.51%.
What are Alarm.com’s revenue streams?
Alarm.com's revenue streams in c 23 are Hardware and Other Revenue, and License and Service. Hardware and Other Revenue generated $312.48M in revenue, accounting 35.44% of the company's total revenue, down -3.01% year-over-year. License and Service generated $569.2M in revenue, accounting 64.56% of the company's total revenue, up 9.38% year-over-year.
What is Alarm.com’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Alarm.com was License and Service. This segment made a revenue of $569.2M, representing 64.56% of the company's total revenue.