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Side-by-side financial comparison of Alarm.com Holdings, Inc. (ALRM) and PATHWARD FINANCIAL, INC. (CASH). Click either name above to swap in a different company.
Alarm.com Holdings, Inc. is the larger business by last-quarter revenue ($261.7M vs $173.1M, roughly 1.5× PATHWARD FINANCIAL, INC.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 13.2%, a 7.1% gap on every dollar of revenue. On growth, Alarm.com Holdings, Inc. posted the faster year-over-year revenue change (8.0% vs -0.2%). PATHWARD FINANCIAL, INC. produced more free cash flow last quarter ($104.1M vs $35.1M). Over the past eight quarters, Alarm.com Holdings, Inc.'s revenue compounded faster (8.3% CAGR vs -18.0%).
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.
Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.
ALRM vs CASH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $261.7M | $173.1M |
| Net Profit | $34.6M | $35.2M |
| Gross Margin | 66.0% | — |
| Operating Margin | 13.4% | 24.6% |
| Net Margin | 13.2% | 20.3% |
| Revenue YoY | 8.0% | -0.2% |
| Net Profit YoY | 14.8% | 11.9% |
| EPS (diluted) | $0.66 | $1.57 |
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.
| Q4 25 | $261.7M | $173.1M | ||
| Q3 25 | $256.4M | $186.7M | ||
| Q2 25 | $254.3M | $195.8M | ||
| Q1 25 | $238.8M | $274.8M | ||
| Q4 24 | $242.2M | $182.6M | ||
| Q3 24 | $240.5M | $179.5M | ||
| Q2 24 | $233.8M | $188.6M | ||
| Q1 24 | $223.3M | $257.6M |
| Q4 25 | $34.6M | $35.2M | ||
| Q3 25 | $35.1M | $38.8M | ||
| Q2 25 | $34.2M | $42.1M | ||
| Q1 25 | $27.7M | $75.0M | ||
| Q4 24 | $30.1M | $30.0M | ||
| Q3 24 | $36.7M | $33.5M | ||
| Q2 24 | $33.5M | $44.9M | ||
| Q1 24 | $23.6M | $69.9M |
| Q4 25 | 66.0% | — | ||
| Q3 25 | 65.8% | — | ||
| Q2 25 | 65.6% | — | ||
| Q1 25 | 67.2% | — | ||
| Q4 24 | 65.5% | — | ||
| Q3 24 | 64.8% | — | ||
| Q2 24 | 65.2% | — | ||
| Q1 24 | 65.7% | — |
| Q4 25 | 13.4% | 24.6% | ||
| Q3 25 | 14.4% | 25.9% | ||
| Q2 25 | 12.6% | 24.1% | ||
| Q1 25 | 12.4% | 33.2% | ||
| Q4 24 | 12.7% | 19.8% | ||
| Q3 24 | 13.8% | 20.9% | ||
| Q2 24 | 11.0% | 27.1% | ||
| Q1 24 | 8.4% | 33.8% |
| Q4 25 | 13.2% | 20.3% | ||
| Q3 25 | 13.7% | 20.8% | ||
| Q2 25 | 13.5% | 21.5% | ||
| Q1 25 | 11.6% | 27.3% | ||
| Q4 24 | 12.4% | 16.4% | ||
| Q3 24 | 15.3% | 18.7% | ||
| Q2 24 | 14.3% | 23.8% | ||
| Q1 24 | 10.6% | 27.1% |
| Q4 25 | $0.66 | $1.57 | ||
| Q3 25 | $0.65 | $1.69 | ||
| Q2 25 | $0.63 | $1.81 | ||
| Q1 25 | $0.52 | $3.14 | ||
| Q4 24 | $0.56 | $1.23 | ||
| Q3 24 | $0.67 | $1.34 | ||
| Q2 24 | $0.62 | $1.78 | ||
| Q1 24 | $0.44 | $2.74 |
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 | $331.2M |
| Total DebtLower is stronger | — | $33.5M |
| Stockholders' EquityBook value | $848.2M | $854.5M |
| Total Assets | $2.1B | $7.6B |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $960.6M | $331.2M | ||
| Q3 25 | $1.1B | $120.6M | ||
| Q2 25 | $1.0B | $258.3M | ||
| Q1 25 | $1.2B | $254.2M | ||
| Q4 24 | $1.2B | $597.4M | ||
| Q3 24 | $1.2B | $158.3M | ||
| Q2 24 | $1.1B | $298.9M | ||
| Q1 24 | $747.9M | $347.9M |
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $33.5M | ||
| Q2 25 | — | $33.4M | ||
| Q1 25 | — | $33.4M | ||
| Q4 24 | — | $33.4M | ||
| Q3 24 | — | $33.4M | ||
| Q2 24 | — | $33.3M | ||
| Q1 24 | — | $33.4M |
| Q4 25 | $848.2M | $854.5M | ||
| Q3 25 | $827.2M | $858.0M | ||
| Q2 25 | $797.3M | $819.0M | ||
| Q1 25 | $759.6M | $814.7M | ||
| Q4 24 | $726.5M | $758.3M | ||
| Q3 24 | $690.3M | $822.5M | ||
| Q2 24 | $645.5M | $748.4M | ||
| Q1 24 | $728.1M | $719.5M |
| Q4 25 | $2.1B | $7.6B | ||
| Q3 25 | $2.1B | $7.2B | ||
| Q2 25 | $2.1B | $7.2B | ||
| Q1 25 | $2.1B | $7.0B | ||
| Q4 24 | $2.0B | $7.6B | ||
| Q3 24 | $2.0B | $7.5B | ||
| Q2 24 | $1.9B | $7.5B | ||
| Q1 24 | $1.5B | $7.4B |
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× | ||
| Q1 24 | — | 0.05× |
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 | $108.3M |
| Free Cash FlowOCF − Capex | $35.1M | $104.1M |
| FCF MarginFCF / Revenue | 13.4% | 60.1% |
| Capex IntensityCapex / Revenue | 0.3% | 2.4% |
| Cash ConversionOCF / Net Profit | 1.04× | 3.08× |
| TTM Free Cash FlowTrailing 4 quarters | $137.0M | $616.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $35.9M | $108.3M | ||
| Q3 25 | $70.6M | $303.7M | ||
| Q2 25 | $22.7M | $30.4M | ||
| Q1 25 | $24.1M | $188.3M | ||
| Q4 24 | $56.3M | $-71.7M | ||
| Q3 24 | $77.3M | $143.1M | ||
| Q2 24 | $23.0M | $113.2M | ||
| Q1 24 | $49.9M | $203.0M |
| Q4 25 | $35.1M | $104.1M | ||
| Q3 25 | $65.9M | $300.3M | ||
| Q2 25 | $18.2M | $27.7M | ||
| Q1 25 | $17.9M | $184.7M | ||
| Q4 24 | $54.0M | $-73.8M | ||
| Q3 24 | $74.5M | $138.8M | ||
| Q2 24 | $21.0M | $111.0M | ||
| Q1 24 | $46.8M | $201.3M |
| Q4 25 | 13.4% | 60.1% | ||
| Q3 25 | 25.7% | 160.9% | ||
| Q2 25 | 7.1% | 14.1% | ||
| Q1 25 | 7.5% | 67.2% | ||
| Q4 24 | 22.3% | -40.4% | ||
| Q3 24 | 31.0% | 77.3% | ||
| Q2 24 | 9.0% | 58.8% | ||
| Q1 24 | 21.0% | 78.1% |
| Q4 25 | 0.3% | 2.4% | ||
| Q3 25 | 1.9% | 1.8% | ||
| Q2 25 | 1.8% | 1.4% | ||
| Q1 25 | 2.6% | 1.3% | ||
| Q4 24 | 0.9% | 1.1% | ||
| Q3 24 | 1.2% | 2.4% | ||
| Q2 24 | 0.9% | 1.2% | ||
| Q1 24 | 1.4% | 0.7% |
| Q4 25 | 1.04× | 3.08× | ||
| Q3 25 | 2.01× | 7.83× | ||
| Q2 25 | 0.66× | 0.72× | ||
| Q1 25 | 0.87× | 2.51× | ||
| Q4 24 | 1.87× | -2.39× | ||
| Q3 24 | 2.11× | 4.27× | ||
| Q2 24 | 0.69× | 2.52× | ||
| Q1 24 | 2.11× | 2.90× |
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% |
CASH
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
