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Side-by-side financial comparison of Alarm.com Holdings, Inc. (ALRM) and Riot Platforms, Inc. (RIOT). 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 $152.8M, roughly 1.7× Riot Platforms, Inc.). Alarm.com Holdings, Inc. runs the higher net margin — 13.2% vs -452.0%, a 465.2% gap on every dollar of revenue. On growth, Alarm.com Holdings, Inc. posted the faster year-over-year revenue change (8.0% vs 7.2%). Alarm.com Holdings, Inc. produced more free cash flow last quarter ($35.1M vs $-774.3M). Over the past eight quarters, Riot Platforms, Inc.'s revenue compounded faster (38.8% CAGR vs 8.3%).
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.
Riot Platforms, Inc. is a leading U.S.-based enterprise focused on Bitcoin mining, operating multiple large-scale, energy-efficient data centers across North America. It also invests in blockchain infrastructure development and holds Bitcoin as a core long-term reserve asset, centering its business strategy around the digital asset ecosystem.
ALRM vs RIOT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $261.7M | $152.8M |
| Net Profit | $34.6M | $-690.7M |
| Gross Margin | 66.0% | — |
| Operating Margin | 13.4% | -447.9% |
| Net Margin | 13.2% | -452.0% |
| Revenue YoY | 8.0% | 7.2% |
| Net Profit YoY | 14.8% | -606.3% |
| EPS (diluted) | $0.66 | $-1.89 |
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 | $152.8M | ||
| Q3 25 | $256.4M | $180.2M | ||
| Q2 25 | $254.3M | $153.0M | ||
| Q1 25 | $238.8M | $161.4M | ||
| Q4 24 | $242.2M | $142.6M | ||
| Q3 24 | $240.5M | $84.8M | ||
| Q2 24 | $233.8M | $70.0M | ||
| Q1 24 | $223.3M | $79.3M |
| Q4 25 | $34.6M | $-690.7M | ||
| Q3 25 | $35.1M | $104.5M | ||
| Q2 25 | $34.2M | $219.5M | ||
| Q1 25 | $27.7M | $-296.4M | ||
| Q4 24 | $30.1M | $136.4M | ||
| Q3 24 | $36.7M | $-154.4M | ||
| Q2 24 | $33.5M | $-84.4M | ||
| Q1 24 | $23.6M | $211.8M |
| 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% | -447.9% | ||
| Q3 25 | 14.4% | 44.4% | ||
| Q2 25 | 12.6% | — | ||
| Q1 25 | 12.4% | -144.9% | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 13.8% | -143.3% | ||
| Q2 24 | 11.0% | -167.2% | ||
| Q1 24 | 8.4% | — |
| Q4 25 | 13.2% | -452.0% | ||
| Q3 25 | 13.7% | 58.0% | ||
| Q2 25 | 13.5% | 143.4% | ||
| Q1 25 | 11.6% | -183.6% | ||
| Q4 24 | 12.4% | 95.7% | ||
| Q3 24 | 15.3% | -182.1% | ||
| Q2 24 | 14.3% | -120.6% | ||
| Q1 24 | 10.6% | 267.1% |
| Q4 25 | $0.66 | $-1.89 | ||
| Q3 25 | $0.65 | $0.26 | ||
| Q2 25 | $0.63 | $0.58 | ||
| Q1 25 | $0.52 | $-0.90 | ||
| Q4 24 | $0.56 | $0.39 | ||
| Q3 24 | $0.67 | $-0.54 | ||
| Q2 24 | $0.62 | $-0.32 | ||
| Q1 24 | $0.44 | $0.51 |
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 | $233.5M |
| Total DebtLower is stronger | — | $840.8M |
| Stockholders' EquityBook value | $848.2M | $2.9B |
| Total Assets | $2.1B | $3.9B |
| Debt / EquityLower = less leverage | — | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $960.6M | $233.5M | ||
| Q3 25 | $1.1B | $330.7M | ||
| Q2 25 | $1.0B | $255.4M | ||
| Q1 25 | $1.2B | $163.7M | ||
| Q4 24 | $1.2B | $277.9M | ||
| Q3 24 | $1.2B | $355.7M | ||
| Q2 24 | $1.1B | $481.2M | ||
| Q1 24 | $747.9M | $688.5M |
| Q4 25 | — | $840.8M | ||
| Q3 25 | — | $5.3M | ||
| Q2 25 | — | $5.3M | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | — | $584.6M | ||
| Q3 24 | — | $5.7M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $848.2M | $2.9B | ||
| Q3 25 | $827.2M | $3.5B | ||
| Q2 25 | $797.3M | $3.3B | ||
| Q1 25 | $759.6M | $2.9B | ||
| Q4 24 | $726.5M | $3.1B | ||
| Q3 24 | $690.3M | $2.7B | ||
| Q2 24 | $645.5M | $2.6B | ||
| Q1 24 | $728.1M | $2.5B |
| Q4 25 | $2.1B | $3.9B | ||
| Q3 25 | $2.1B | $4.5B | ||
| Q2 25 | $2.1B | $4.3B | ||
| Q1 25 | $2.1B | $3.7B | ||
| Q4 24 | $2.0B | $3.9B | ||
| Q3 24 | $2.0B | $2.9B | ||
| Q2 24 | $1.9B | $2.7B | ||
| Q1 24 | $1.5B | $2.6B |
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| Q1 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 | $-572.9M |
| Free Cash FlowOCF − Capex | $35.1M | $-774.3M |
| FCF MarginFCF / Revenue | 13.4% | -506.6% |
| Capex IntensityCapex / Revenue | 0.3% | 131.8% |
| Cash ConversionOCF / Net Profit | 1.04× | — |
| TTM Free Cash FlowTrailing 4 quarters | $137.0M | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $35.9M | $-572.9M | ||
| Q3 25 | $70.6M | $-114.0M | ||
| Q2 25 | $22.7M | $-231.3M | ||
| Q1 25 | $24.1M | $-122.1M | ||
| Q4 24 | $56.3M | $-255.1M | ||
| Q3 24 | $77.3M | $-56.3M | ||
| Q2 24 | $23.0M | $-42.5M | ||
| Q1 24 | $49.9M | $-57.9M |
| Q4 25 | $35.1M | $-774.3M | ||
| Q3 25 | $65.9M | $-139.7M | ||
| Q2 25 | $18.2M | $-291.7M | ||
| Q1 25 | $17.9M | $-154.9M | ||
| Q4 24 | $54.0M | $-495.4M | ||
| Q3 24 | $74.5M | $-127.6M | ||
| Q2 24 | $21.0M | $-96.1M | ||
| Q1 24 | $46.8M | $-115.2M |
| Q4 25 | 13.4% | -506.6% | ||
| Q3 25 | 25.7% | -77.5% | ||
| Q2 25 | 7.1% | -190.7% | ||
| Q1 25 | 7.5% | -96.0% | ||
| Q4 24 | 22.3% | -347.5% | ||
| Q3 24 | 31.0% | -150.5% | ||
| Q2 24 | 9.0% | -137.2% | ||
| Q1 24 | 21.0% | -145.2% |
| Q4 25 | 0.3% | 131.8% | ||
| Q3 25 | 1.9% | 14.3% | ||
| Q2 25 | 1.8% | 39.5% | ||
| Q1 25 | 2.6% | 20.4% | ||
| Q4 24 | 0.9% | 168.6% | ||
| Q3 24 | 1.2% | 84.1% | ||
| Q2 24 | 0.9% | 76.5% | ||
| Q1 24 | 1.4% | 72.3% |
| Q4 25 | 1.04× | — | ||
| Q3 25 | 2.01× | -1.09× | ||
| Q2 25 | 0.66× | -1.05× | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 1.87× | -1.87× | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 2.11× | -0.27× |
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% |
RIOT
| Bitcoin Mining Segment | $131.7M | 86% |
| Engineering Segment | $21.1M | 14% |
