Alarm.com Holdings, Inc. Earnings Recaps
Q2 2026
Aug 9, 2026
Alarm.com's shares rose modestly by 1.5% following Q2 results that showed steady revenue growth and progress in commercial and energy segments, but the market reaction suggests investors expected more pronounced upside given the company’s optimistic commentary.
Key takeaways
- SaaS and license revenue grew 11.1% year-over-year to $188.8 million, slightly above guidance midpoint by $3.2 million.
- Adjusted EBITDA for the quarter was $57.7 million, reflecting solid profitability.
- Commercial business, including OpenEye and new fire communicator product, showed promising innovation but remains in early adoption stages.
- EnergyHub’s demand response programs scaled effectively during summer heat, supporting grid reliability with over 300 DR events shifting 17.5 GWh.
- Revenue retention remained stable near 95%, underpinning recurring revenue strength; hardware revenue grew 5.5% year-over-year.
Q1 2026
May 8, 2026
Shares rose 4.8% following a quarter that beat revenue expectations, driven by broad-based growth across Alarm.com’s residential, commercial, and energy segments and ongoing strength in SaaS subscription revenue.
Key takeaways
- SaaS and license revenue grew 10.8% year-over-year to $181.5 million, surpassing the midpoint of guidance by $5.6 million.
- Adjusted EBITDA reached $49.6 million, reflecting operational scale across diverse business units.
- Commercial segment innovations, including AI-driven video capabilities in OpenEye, are enhancing subscription value and driving customer adoption.
- Supply chain headwinds emerged late in the quarter with rising memory costs due to industry shifts toward AI data center demand, expected to persist in the near term.
- Board authorized a $150 million share repurchase program over two years, underscoring confidence in the company’s positioning and capital allocation strategy.