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v3.25.3

Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Reportable Segment Operational Data | The reportable segment operational data is presented in the tables below (in thousands):
| Three Months Ended September 30, 2025
| Alarm.com |  | Other |  | Intersegment Alarm.com |  | Intersegment Other |  | Total
SaaS and license revenue | $ | 153,289 |  |  | $ | 22,083 |  |  | $ | — |  |  | $ | — |  |  | $ | 175,372 |
Hardware and other revenue | 78,298 |  |  | 3,771 |  |  | (810) |  |  | (231) |  |  | 81,028 |
Total revenue | 231,587 |  |  | 25,854 |  |  | (810) |  |  | (231) |  |  | 256,400 |
Cost of SaaS and license revenue | 17,715 |  |  | 6,518 |  |  | 90 |  |  | (90) |  |  | 24,233 |
Cost of hardware and other revenue | 61,002 |  |  | 3,489 |  |  | (870) |  |  | (292) |  |  | 63,329 |
Total cost of revenue | 78,717 |  |  | 10,007 |  |  | (780) |  |  | (382) |  |  | 87,562 |
Selling and marketing expense | 23,266 |  |  | 6,232 |  |  | — |  |  | — |  |  | 29,498 |
General and administrative expense | 26,438 |  |  | 1,451 |  |  | — |  |  | — |  |  | 27,889 |
Research and development expense | 59,347 |  |  | 7,290 |  |  | — |  |  | — |  |  | 66,637 |
Amortization and depreciation expense | 7,367 |  |  | 426 |  |  | — |  |  | — |  |  | 7,793 |
Total operating expenses | 116,418 |  |  | 15,399 |  |  | — |  |  | — |  |  | 131,817 |
Operating income / (loss) | $ | 36,452 |  |  | $ | 448 |  |  | $ | (30) |  |  | $ | 151 |  |  | $ | 37,021 |
Reconciliation of operating income to income before income taxes |  |  |  |  |  |  |  |  |
Operating income |  |  |  |  |  |  |  |  | $ | 37,021 |
Interest expense |  |  |  |  |  |  |  |  | (4,326) |
Interest income |  |  |  |  |  |  |  |  | 11,274 |
Other income / (expense), net |  |  |  |  |  |  |  |  | 3,538 |
Income before income taxes |  |  |  |  |  |  |  |  | $ | 47,507 |
| Three Months Ended September 30, 2024
| Alarm.com |  | Other |  | Intersegment Alarm.com |  | Intersegment Other |  | Total
SaaS and license revenue | $ | 141,319 |  |  | $ | 17,957 |  |  | $ | — |  |  | $ | — |  |  | $ | 159,276 |
Hardware and other revenue | 80,597 |  |  | 1,610 |  |  | (817) |  |  | (169) |  |  | 81,221 |
Total revenue | 221,916 |  |  | 19,567 |  |  | (817) |  |  | (169) |  |  | 240,497 |
Cost of SaaS and license revenue | 17,542 |  |  | 5,557 |  |  | 75 |  |  | (75) |  |  | 23,099 |
Cost of hardware and other revenue | 61,214 |  |  | 1,346 |  |  | (785) |  |  | (126) |  |  | 61,649 |
Total cost of revenue | 78,756 |  |  | 6,903 |  |  | (710) |  |  | (201) |  |  | 84,748 |
Selling and marketing expense | 21,604 |  |  | 5,406 |  |  | — |  |  | — |  |  | 27,010 |
General and administrative expense | 24,174 |  |  | 1,538 |  |  | — |  |  | — |  |  | 25,712 |
Research and development expense | 55,479 |  |  | 6,742 |  |  | — |  |  | — |  |  | 62,221 |
Amortization and depreciation expense | 7,357 |  |  | 255 |  |  | — |  |  | — |  |  | 7,612 |
Total operating expenses | 108,614 |  |  | 13,941 |  |  | — |  |  | — |  |  | 122,555 |
Operating income / (loss) | $ | 34,546 |  |  | $ | (1,277) |  |  | $ | (107) |  |  | $ | 32 |  |  | $ | 33,194 |
Reconciliation of operating income to income before income taxes |  |  |  |  |  |  |  |  |
Operating income |  |  |  |  |  |  |  |  | $ | 33,194 |
Interest expense |  |  |  |  |  |  |  |  | (4,315) |
Interest income |  |  |  |  |  |  |  |  | 14,384 |
Other income / (expense), net |  |  |  |  |  |  |  |  | (89) |
Income before income taxes |  |  |  |  |  |  |  |  | $ | 43,174 |
| Nine Months Ended September 30, 2025
| Alarm.com |  | Other |  | Intersegment Alarm.com |  | Intersegment Other |  | Total
SaaS and license revenue | $ | 451,934 |  |  | $ | 57,231 |  |  | $ | — |  |  | $ | — |  |  | $ | 509,165 |
Hardware and other revenue | 235,222 |  |  | 8,301 |  |  | (2,147) |  |  | (1,011) |  |  | 240,365 |
Total revenue | 687,156 |  |  | 65,532 |  |  | (2,147) |  |  | (1,011) |  |  | 749,530 |
Cost of SaaS and license revenue | 51,987 |  |  | 17,467 |  |  | 261 |  |  | (261) |  |  | 69,454 |
Cost of hardware and other revenue | 179,372 |  |  | 7,671 |  |  | (2,080) |  |  | (1,159) |  |  | 183,804 |
Total cost of revenue | 231,359 |  |  | 25,138 |  |  | (1,819) |  |  | (1,420) |  |  | 253,258 |
Selling and marketing expense | 70,768 |  |  | 18,415 |  |  | — |  |  | — |  |  | 89,183 |
General and administrative expense | 76,619 |  |  | 5,355 |  |  | — |  |  | — |  |  | 81,974 |
Research and development expense | 181,288 |  |  | 22,786 |  |  | — |  |  | — |  |  | 204,074 |
Amortization and depreciation expense | 21,334 |  |  | 1,017 |  |  | — |  |  | — |  |  | 22,351 |
Total operating expenses | 350,009 |  |  | 47,573 |  |  | — |  |  | — |  |  | 397,582 |
Operating income / (loss) | $ | 105,788 |  |  | $ | (7,179) |  |  | $ | (328) |  |  | $ | 409 |  |  | $ | 98,690 |
Reconciliation of operating income to income before income taxes |  |  |  |  |  |  |  |  |
Operating income |  |  |  |  |  |  |  |  | $ | 98,690 |
Interest expense |  |  |  |  |  |  |  |  | (12,961) |
Interest income |  |  |  |  |  |  |  |  | 35,453 |
Other income / (expense), net |  |  |  |  |  |  |  |  | 703 |
Income before income taxes |  |  |  |  |  |  |  |  | $ | 121,885 |
| Nine Months Ended September 30, 2024
| Alarm.com |  | Other |  | Intersegment Alarm.com |  | Intersegment Other |  | Total
SaaS and license revenue | $ | 420,032 |  |  | $ | 45,515 |  |  | $ | — |  |  | $ | — |  |  | $ | 465,547 |
Hardware and other revenue | 230,424 |  |  | 4,472 |  |  | (2,362) |  |  | (494) |  |  | 232,040 |
Total revenue | 650,456 |  |  | 49,987 |  |  | (2,362) |  |  | (494) |  |  | 697,587 |
Cost of SaaS and license revenue | 51,012 |  |  | 14,572 |  |  | 250 |  |  | (213) |  |  | 65,621 |
Cost of hardware and other revenue | 175,600 |  |  | 3,973 |  |  | (2,283) |  |  | (366) |  |  | 176,924 |
Total cost of revenue | 226,612 |  |  | 18,545 |  |  | (2,033) |  |  | (579) |  |  | 242,545 |
Selling and marketing expense | 64,467 |  |  | 15,834 |  |  | — |  |  | — |  |  | 80,301 |
General and administrative expense | 76,408 |  |  | 4,704 |  |  | — |  |  | — |  |  | 81,112 |
Research and development expense | 172,894 |  |  | 21,013 |  |  | — |  |  | — |  |  | 193,907 |
Amortization and depreciation expense | 21,268 |  |  | 761 |  |  | — |  |  | — |  |  | 22,029 |
Total operating expenses | 335,037 |  |  | 42,312 |  |  | — |  |  | — |  |  | 377,349 |
Operating income / (loss) | $ | 88,807 |  |  | $ | (10,870) |  |  | $ | (329) |  |  | $ | 85 |  |  | $ | 77,693 |
Reconciliation of operating income to income before income taxes |  |  |  |  |  |  |  |  |
Operating income |  |  |  |  |  |  |  |  | $ | 77,693 |
Interest expense |  |  |  |  |  |  |  |  | (7,079) |
Interest income |  |  |  |  |  |  |  |  | 33,780 |
Other income / (expense), net |  |  |  |  |  |  |  |  | (1,665) |
Income before income taxes |  |  |  |  |  |  |  |  | $ | 102,729 |
| Alarm.com |  | Other |  | Intersegment Alarm.com |  | Intersegment Other |  | Total
Assets as of September 30, 2025 | $ | 2,174,476 |  |  | $ | 86,006 |  |  | $ | (136,886) |  |  | $ | (6) |  |  | $ | 2,123,590 |
Assets as of December 31, 2024 | 2,081,214 |  |  | 85,468 |  |  | (128,465) |  |  | (9) |  |  | 2,038,208 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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