vs
Side-by-side financial comparison of Alarm.com Holdings, Inc. (ALRM) and Gaming & Leisure Properties, Inc. (GLPI). Click either name above to swap in a different company.
Gaming & Leisure Properties, Inc. is the larger business by last-quarter revenue ($420.0M vs $261.7M, roughly 1.6× Alarm.com Holdings, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs 13.2%, a 43.8% gap on every dollar of revenue. On growth, Alarm.com Holdings, Inc. posted the faster year-over-year revenue change (8.0% vs 6.3%). Over the past eight quarters, Alarm.com Holdings, Inc.'s revenue compounded faster (8.3% CAGR vs 5.0%).
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.
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 62 casino properties, all of which are leased to other companies.
ALRM vs GLPI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $261.7M | $420.0M |
| Net Profit | $34.6M | $239.4M |
| Gross Margin | 66.0% | — |
| Operating Margin | 13.4% | 79.4% |
| Net Margin | 13.2% | 57.0% |
| Revenue YoY | 8.0% | 6.3% |
| Net Profit YoY | 14.8% | 40.5% |
| EPS (diluted) | $0.66 | — |
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 | — | $420.0M | ||
| Q4 25 | $261.7M | $407.0M | ||
| Q3 25 | $256.4M | $397.6M | ||
| Q2 25 | $254.3M | $394.9M | ||
| Q1 25 | $238.8M | $395.2M | ||
| Q4 24 | $242.2M | $389.6M | ||
| Q3 24 | $240.5M | $385.3M | ||
| Q2 24 | $233.8M | $380.6M |
| Q1 26 | — | $239.4M | ||
| Q4 25 | $34.6M | $275.4M | ||
| Q3 25 | $35.1M | $241.2M | ||
| Q2 25 | $34.2M | $151.4M | ||
| Q1 25 | $27.7M | $165.2M | ||
| Q4 24 | $30.1M | $223.6M | ||
| Q3 24 | $36.7M | $184.7M | ||
| Q2 24 | $33.5M | $208.3M |
| Q1 26 | — | — | ||
| 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 26 | — | 79.4% | ||
| Q4 25 | 13.4% | 89.3% | ||
| Q3 25 | 14.4% | 84.8% | ||
| Q2 25 | 12.6% | 61.3% | ||
| Q1 25 | 12.4% | 65.5% | ||
| Q4 24 | 12.7% | 79.1% | ||
| Q3 24 | 13.8% | 70.4% | ||
| Q2 24 | 11.0% | 77.1% |
| Q1 26 | — | 57.0% | ||
| Q4 25 | 13.2% | 67.6% | ||
| Q3 25 | 13.7% | 60.7% | ||
| Q2 25 | 13.5% | 38.4% | ||
| Q1 25 | 11.6% | 41.8% | ||
| Q4 24 | 12.4% | 57.4% | ||
| Q3 24 | 15.3% | 47.9% | ||
| Q2 24 | 14.3% | 54.7% |
| Q1 26 | — | — | ||
| Q4 25 | $0.66 | $0.96 | ||
| Q3 25 | $0.65 | $0.85 | ||
| Q2 25 | $0.63 | $0.54 | ||
| Q1 25 | $0.52 | $0.60 | ||
| Q4 24 | $0.56 | $0.79 | ||
| Q3 24 | $0.67 | $0.67 | ||
| Q2 24 | $0.62 | $0.77 |
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 | $274.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $848.2M | $5.0B |
| Total Assets | $2.1B | $13.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $274.5M | ||
| Q4 25 | $960.6M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | $560.8M | ||
| Q3 24 | $1.2B | $560.8M | ||
| Q2 24 | $1.1B | $560.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $7.2B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | — | $6.9B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | — | $7.7B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | — | $6.6B |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $848.2M | $4.6B | ||
| Q3 25 | $827.2M | $4.6B | ||
| Q2 25 | $797.3M | $4.6B | ||
| Q1 25 | $759.6M | $4.2B | ||
| Q4 24 | $726.5M | $4.3B | ||
| Q3 24 | $690.3M | $4.3B | ||
| Q2 24 | $645.5M | $4.1B |
| Q1 26 | — | $13.8B | ||
| Q4 25 | $2.1B | $12.9B | ||
| Q3 25 | $2.1B | $12.8B | ||
| Q2 25 | $2.1B | $12.5B | ||
| Q1 25 | $2.1B | $12.1B | ||
| Q4 24 | $2.0B | $13.1B | ||
| Q3 24 | $2.0B | $12.7B | ||
| Q2 24 | $1.9B | $11.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.56× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | — | 1.51× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | 1.74× | ||
| Q2 24 | — | 1.60× |
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 | — |
| Free Cash FlowOCF − Capex | $35.1M | — |
| FCF MarginFCF / Revenue | 13.4% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 1.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | $137.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $35.9M | $1.1B | ||
| Q3 25 | $70.6M | $240.3M | ||
| Q2 25 | $22.7M | $293.4M | ||
| Q1 25 | $24.1M | $252.5M | ||
| Q4 24 | $56.3M | $1.1B | ||
| Q3 24 | $77.3M | $270.4M | ||
| Q2 24 | $23.0M | $252.1M |
| Q1 26 | — | — | ||
| Q4 25 | $35.1M | — | ||
| Q3 25 | $65.9M | $183.0M | ||
| Q2 25 | $18.2M | $272.3M | ||
| Q1 25 | $17.9M | $239.6M | ||
| Q4 24 | $54.0M | $1.1B | ||
| Q3 24 | $74.5M | $261.5M | ||
| Q2 24 | $21.0M | $245.0M |
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | — | ||
| Q3 25 | 25.7% | 46.0% | ||
| Q2 25 | 7.1% | 69.0% | ||
| Q1 25 | 7.5% | 60.6% | ||
| Q4 24 | 22.3% | 275.3% | ||
| Q3 24 | 31.0% | 67.9% | ||
| Q2 24 | 9.0% | 64.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | — | ||
| Q3 25 | 1.9% | 14.4% | ||
| Q2 25 | 1.8% | 5.3% | ||
| Q1 25 | 2.6% | 3.3% | ||
| Q4 24 | 0.9% | 0.0% | ||
| Q3 24 | 1.2% | 2.3% | ||
| Q2 24 | 0.9% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.04× | 4.10× | ||
| Q3 25 | 2.01× | 1.00× | ||
| Q2 25 | 0.66× | 1.94× | ||
| Q1 25 | 0.87× | 1.53× | ||
| Q4 24 | 1.87× | 4.80× | ||
| Q3 24 | 2.11× | 1.46× | ||
| Q2 24 | 0.69× | 1.21× |
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% |
GLPI
Segment breakdown not available.
