v3.26.1
Investments in Unconsolidated Entities
 6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Unconsolidated Entities Investments in Unconsolidated Entities
On February 24, 2026, a technology partner in which we previously invested was acquired by an unrelated third party. As a result of the sale, we received proceeds of $5.4 million in exchange for all of our shares of the technology partner stock after deducting $0.1 million related to an agreed holdback. As a result of the sale, we recorded a loss of $0.2 million within other expense, net, in our condensed consolidated statements of operations during the six months ended June 30, 2026.

On May 29, 2026, we paid $14.1 million in cash to purchase an additional investment in SafeStreets USA, LLC, to maintain our 24.7% ownership percentage. This investment is included in the Alarm.com segment and is accounted for under the equity method of accounting.
Summary of Investments in Unconsolidated Entities

Our investments in unconsolidated entities are as follows (in thousands):
June 30, 2026December 31, 2025
Ownership Percentage
Carrying Value
Excess Carrying Value of Investment Over Proportionate Share of Net Assets
Carrying Value
Excess Carrying Value of Investment Over Proportionate Share of Net Assets
Safe Haven(1) and All Access(2)
32.5 %$137,683 $138,558 $141,205 $143,134 
SafeStreets(3)
24.7 40,595 45,518 29,436 31,144 
Pronet(4)
20.3 31,275 9,561 30,142 — 
Other unconsolidated entities
22,917 725 26,148 707 
Total
$232,470 $194,362 $226,931 $174,985 
_______________________
(1) Safe Haven Security Services, LLC, or Safe Haven
(2) All Access Holdings, LLC, or All Access
(3) SafeStreets USA, LLC, or SafeStreets
(4) Protegger Luxembourg S.à r.l, or Pronet

Equity method income from our investments in unconsolidated entities are as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Income from equity method investments, net$(849)$(341)$(1,094)$(316)

Other related party transactions and balances outstanding with our equity method investees for activity subsequent to our investments are as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Revenue from equity method investees
$6,035 $2,561 $13,638 $2,698 
Interest income from equity method investees
376 283 749 288 
Distributions received from equity method investees
3,762 — 6,430 — 

June 30, 2026December 31, 2025
Outstanding principal from loans to equity method investees
$21,887 $21,947 
Interest receivable from equity method investees
4 381 
Accounts receivable from equity method investees
2,351 1,774 
Total amounts receivable from equity method investees
$24,242 $24,102