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Side-by-side financial comparison of Alarm.com Holdings, Inc. (ALRM) and APOGEE ENTERPRISES, INC. (APOG). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $261.7M, roughly 1.3× Alarm.com Holdings, Inc.). Alarm.com Holdings, Inc. runs the higher net margin — 13.2% vs 4.7%, a 8.5% gap on every dollar of revenue. On growth, Alarm.com Holdings, Inc. posted the faster year-over-year revenue change (8.0% vs 1.6%). Over the past eight quarters, Alarm.com Holdings, Inc.'s revenue compounded faster (8.3% CAGR vs 2.9%).
Alarm.com, Inc. is an American technology company that provides cloud-based services for remote control, home automation, and alarm monitoring services. The company was founded in 2000 as a spinoff from MicroStrategy. The company is based in Tysons, Virginia.
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
ALRM vs APOG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2026
| Metric | | |
|---|---|---|
| Revenue | $261.7M | $351.4M |
| Net Profit | $34.6M | $16.6M |
| Gross Margin | 66.0% | 22.4% |
| Operating Margin | 13.4% | 7.3% |
| Net Margin | 13.2% | 4.7% |
| Revenue YoY | 8.0% | 1.6% |
| Net Profit YoY | 14.8% | 568.8% |
| EPS (diluted) | $0.66 | $0.78 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $351.4M | ||
| Q4 25 | $261.7M | $348.6M | ||
| Q3 25 | $256.4M | $358.2M | ||
| Q2 25 | $254.3M | $346.6M | ||
| Q1 25 | $238.8M | $345.7M | ||
| Q4 24 | $242.2M | $341.3M | ||
| Q3 24 | $240.5M | $342.4M | ||
| Q2 24 | $233.8M | $331.5M |
| Q1 26 | — | $16.6M | ||
| Q4 25 | $34.6M | $16.5M | ||
| Q3 25 | $35.1M | $23.6M | ||
| Q2 25 | $34.2M | $-2.7M | ||
| Q1 25 | $27.7M | $2.5M | ||
| Q4 24 | $30.1M | $21.0M | ||
| Q3 24 | $36.7M | $30.6M | ||
| Q2 24 | $33.5M | $31.0M |
| Q1 26 | — | 22.4% | ||
| Q4 25 | 66.0% | 23.8% | ||
| Q3 25 | 65.8% | 23.1% | ||
| Q2 25 | 65.6% | 21.7% | ||
| Q1 25 | 67.2% | 21.6% | ||
| Q4 24 | 65.5% | 26.1% | ||
| Q3 24 | 64.8% | 28.4% | ||
| Q2 24 | 65.2% | 29.8% |
| Q1 26 | — | 7.3% | ||
| Q4 25 | 13.4% | 7.1% | ||
| Q3 25 | 14.4% | 7.5% | ||
| Q2 25 | 12.6% | 2.0% | ||
| Q1 25 | 12.4% | 1.8% | ||
| Q4 24 | 12.7% | 8.4% | ||
| Q3 24 | 13.8% | 12.3% | ||
| Q2 24 | 11.0% | 12.5% |
| Q1 26 | — | 4.7% | ||
| Q4 25 | 13.2% | 4.7% | ||
| Q3 25 | 13.7% | 6.6% | ||
| Q2 25 | 13.5% | -0.8% | ||
| Q1 25 | 11.6% | 0.7% | ||
| Q4 24 | 12.4% | 6.1% | ||
| Q3 24 | 15.3% | 8.9% | ||
| Q2 24 | 14.3% | 9.4% |
| Q1 26 | — | $0.78 | ||
| Q4 25 | $0.66 | $0.77 | ||
| Q3 25 | $0.65 | $1.10 | ||
| Q2 25 | $0.63 | $-0.13 | ||
| Q1 25 | $0.52 | $0.12 | ||
| Q4 24 | $0.56 | $0.96 | ||
| Q3 24 | $0.67 | $1.40 | ||
| Q2 24 | $0.62 | $1.41 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $960.6M | $39.5M |
| Total DebtLower is stronger | — | $232.3M |
| Stockholders' EquityBook value | $848.2M | $511.8M |
| Total Assets | $2.1B | $1.1B |
| Debt / EquityLower = less leverage | — | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.5M | ||
| Q4 25 | $960.6M | $41.3M | ||
| Q3 25 | $1.1B | $39.5M | ||
| Q2 25 | $1.0B | $32.8M | ||
| Q1 25 | $1.2B | $41.4M | ||
| Q4 24 | $1.2B | $43.9M | ||
| Q3 24 | $1.2B | $51.0M | ||
| Q2 24 | $1.1B | $30.4M |
| Q1 26 | — | $232.3M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $285.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $511.8M | ||
| Q4 25 | $848.2M | $512.3M | ||
| Q3 25 | $827.2M | $500.2M | ||
| Q2 25 | $797.3M | $481.8M | ||
| Q1 25 | $759.6M | $487.9M | ||
| Q4 24 | $726.5M | $522.1M | ||
| Q3 24 | $690.3M | $506.4M | ||
| Q2 24 | $645.5M | $480.0M |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.0B | $917.1M | ||
| Q2 24 | $1.9B | $889.0M |
| Q1 26 | — | 0.45× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $35.9M | $122.5M |
| Free Cash FlowOCF − Capex | $35.1M | — |
| FCF MarginFCF / Revenue | 13.4% | — |
| Capex IntensityCapex / Revenue | 0.3% | 7.8% |
| Cash ConversionOCF / Net Profit | 1.04× | 7.37× |
| TTM Free Cash FlowTrailing 4 quarters | $137.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $122.5M | ||
| Q4 25 | $35.9M | $29.3M | ||
| Q3 25 | $70.6M | $57.1M | ||
| Q2 25 | $22.7M | $-19.8M | ||
| Q1 25 | $24.1M | $30.0M | ||
| Q4 24 | $56.3M | $31.0M | ||
| Q3 24 | $77.3M | $58.7M | ||
| Q2 24 | $23.0M | $5.5M |
| Q1 26 | — | — | ||
| Q4 25 | $35.1M | $22.9M | ||
| Q3 25 | $65.9M | $52.4M | ||
| Q2 25 | $18.2M | $-26.9M | ||
| Q1 25 | $17.9M | $19.1M | ||
| Q4 24 | $54.0M | $22.0M | ||
| Q3 24 | $74.5M | $50.2M | ||
| Q2 24 | $21.0M | $-1.8M |
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | 6.6% | ||
| Q3 25 | 25.7% | 14.6% | ||
| Q2 25 | 7.1% | -7.8% | ||
| Q1 25 | 7.5% | 5.5% | ||
| Q4 24 | 22.3% | 6.4% | ||
| Q3 24 | 31.0% | 14.7% | ||
| Q2 24 | 9.0% | -0.5% |
| Q1 26 | — | 7.8% | ||
| Q4 25 | 0.3% | 1.9% | ||
| Q3 25 | 1.9% | 1.3% | ||
| Q2 25 | 1.8% | 2.1% | ||
| Q1 25 | 2.6% | 3.2% | ||
| Q4 24 | 0.9% | 2.6% | ||
| Q3 24 | 1.2% | 2.5% | ||
| Q2 24 | 0.9% | 2.2% |
| Q1 26 | — | 7.37× | ||
| Q4 25 | 1.04× | 1.77× | ||
| Q3 25 | 2.01× | 2.41× | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 0.87× | 12.08× | ||
| Q4 24 | 1.87× | 1.48× | ||
| Q3 24 | 2.11× | 1.92× | ||
| Q2 24 | 0.69× | 0.18× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALRM
| License And Service | $180.2M | 69% |
| Hardwareand Other Revenue | $81.4M | 31% |
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
