ARLO: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	529m	511m
Cost of revenue	296m	323m
Gross profit	233m	188m
Research and development	74m	73m
Selling, general and administrative	66m	72m
Operating expenses	227m	222m
Operating income	6m	−35m
Pre-tax income	16m	−29m
Income tax	741,000	1m
Net income	15m	−31m
Earnings per share	0.14	−0.31
Earnings per share, diluted	0.14	−0.31
Weighted average shares	104m	99m
Weighted average shares, diluted	110m	99m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	153m	146m	86m	71m	84m	82m	77m	63m
Receivables	52m	40m	77m	61m	46m	57m	69m	62m
Inventory	44m	41m	44m	31m	35m	41m	52m	45m
Current assets	276m	260m	302m	269m	246m	263m	280m	263m
Property, plant and equipment	14m	13m	12m	9m	7m	5m	4m	4m
Goodwill	39m	11m	11m	11m	11m	11m	11m	11m
Total assets	360m	311m	351m	320m	297m	298m	312m	296m
Current liabilities	182m	172m	212m	182m	173m	177m	197m	178m
Total liabilities	201m	183m	222m	201m	193m	197m	215m	197m
Equity	159m	128m	129m	118m	103m	101m	97m	99m
Shares outstanding	109m	105m	106m	104m	103m	101m	100m	98m
Shares issued	109m	105m	106m	104m	103m	101m	100m	98m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	79m	51m
Depreciation and amortisation	4m	3m
Share-based compensation	62m	69m
Capital expenditure	—	3m
Investing cash flow	28m	11m
Share buybacks	46m	4m
Financing cash flow	−42m	−41m