Segment Information (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Reportable Segment Operational Data

The reportable segment operational data is presented in the tables below (in thousands):


	Three Months Ended June 30, 2026
	Alarm.com		Other		Intersegment Alarm.com		Intersegment Other		Total
SaaS and license revenue	$	159,781	$	28,997	$	—	$	—	$	188,778
Hardware and other revenue	83,314		6,989		(951)		(396)		88,956
Total revenue	243,095		35,986		(951)		(396)		277,734
Cost of SaaS and license revenue	18,282		11,635		99		(99)		29,917
Cost of hardware and other revenue	60,695		6,422		(978)		(403)		65,736
Total cost of revenue	78,977		18,057		(879)		(502)		95,653
Selling and marketing expense	24,886		8,093		—		—		32,979
General and administrative expense	33,048		3,598		—		—		36,646
Research and development expense	60,222		10,786		—		—		71,008
Amortization and depreciation expense	7,272		1,692		—		—		8,964
Total operating expenses	125,428		24,169		—		—		149,597
Operating income / (loss)	$	38,690	$	(6,240)	$	(72)	$	106	$	32,484


Reconciliation of operating income to income before income taxes
Operating income									$	32,484
Interest expense									(3,543)
Interest income									4,491
Other expense, net									(2,336)
Income before income taxes									$	31,096


	Three Months Ended June 30, 2025
	Alarm.com		Other		Intersegment Alarm.com		Intersegment Other		Total
SaaS and license revenue	$	150,997	$	18,996	$	—	$	—	$	169,993
Hardware and other revenue	82,873		2,641		(663)		(536)		84,315
Total revenue	233,870		21,637		(663)		(536)		254,308
Cost of SaaS and license revenue	17,489		6,164		87		(87)		23,653
Cost of hardware and other revenue	62,483		2,417		(551)		(540)		63,809
Total cost of revenue	79,972		8,581		(464)		(627)		87,462
Selling and marketing expense	25,035		6,101		—		—		31,136
General and administrative expense	25,345		1,739		—		—		27,084
Research and development expense	61,257		7,813		—		—		69,070
Amortization and depreciation expense	7,239		295		—		—		7,534
Total operating expenses	118,876		15,948		—		—		134,824
Operating income / (loss)	$	35,022	$	(2,892)	$	(199)	$	91	$	32,022


Reconciliation of operating income to income before income taxes
Operating income									$	32,022
Interest expense									(4,321)
Interest income									11,808
Other expense, net									(175)
Income before income taxes									$	39,334

	Alarm.com		Other		Intersegment Alarm.com		Intersegment Other		Total
Total assets as of June 30, 2026	$	1,711,476	$	181,724	$	(236,112)	$	(110)	$	1,656,978
Total assets as of December 31, 2025	2,181,210		190,095		(234,681)		(33)		2,136,591


	Six Months Ended June 30, 2026
	Alarm.com		Other		Intersegment Alarm.com		Intersegment Other		Total
SaaS and license revenue	$	317,173	$	53,129	$	—	$	—	$	370,302
Hardware and other revenue	164,338		11,007		(1,977)		(743)		172,625
Total revenue	481,511		64,136		(1,977)		(743)		542,927
Cost of SaaS and license revenue	36,441		21,371		195		(195)		57,812
Cost of hardware and other revenue	121,604		9,564		(2,032)		(784)		128,352
Total cost of revenue	158,045		30,935		(1,837)		(979)		186,164
Selling and marketing expense	51,541		15,872		—		—		67,413
General and administrative expense	58,614		5,486		—		—		64,100
Research and development expense	121,537		21,530		—		—		143,067
Amortization and depreciation expense	14,684		3,372		—		—		18,056
Total operating expenses	246,376		46,260		—		—		292,636
Operating income / (loss)	$	77,090	$	(13,059)	$	(140)	$	236	$	64,127


Reconciliation of operating income to income before income taxes
Operating income									$	64,127
Interest expense									(7,215)
Interest income									9,422
Other income / (expense), net									(6,245)
Income before income taxes									$	60,089


	Six Months Ended June 30, 2025
	Alarm.com		Other		Intersegment Alarm.com		Intersegment Other		Total
SaaS and license revenue	$	298,645	$	35,148	$	—	$	—	$	333,793
Hardware and other revenue	156,922		4,531		(1,336)		(780)		159,337
Total revenue	455,567		39,679		(1,336)		(780)		493,130
Cost of SaaS and license revenue	34,272		10,949		171		(171)		45,221
Cost of hardware and other revenue	118,369		4,183		(1,210)		(867)		120,475
Total cost of revenue	152,641		15,132		(1,039)		(1,038)		165,696
Selling and marketing expense	47,502		12,183		—		—		59,685
General and administrative expense	50,181		3,904		—		—		54,085
Research and development expense	121,941		15,496		—		—		137,437
Amortization and depreciation expense	13,967		591		—		—		14,558
Total operating expenses	233,591		32,174		—		—		265,765
Operating income / (loss)	$	69,335	$	(7,627)	$	(297)	$	258	$	61,669


Reconciliation of operating income to income before income taxes
Operating income									$	61,669
Interest expense									(8,635)
Interest income									24,179
Other income / (expense), net									(2,835)
Income before income taxes									$	74,378

Cash additions to property and equipment for our segments are as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Alarm.com	$	4,623	$	4,544	$	5,368	$	10,656
Other	224		8		391		11

- Definition

Tabular disclosure of segment reporting. Includes, but is not limited to, reconciliation of reportable segment amount to corresponding consolidated total.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26A

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

+ Details