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Side-by-side financial comparison of Alarm.com Holdings, Inc. (ALRM) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
Skyward Specialty Insurance Group, Inc. is the larger business by last-quarter revenue ($385.6M vs $261.7M, roughly 1.5× Alarm.com Holdings, Inc.). Alarm.com Holdings, Inc. runs the higher net margin — 13.2% vs 11.2%, a 2.0% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 8.0%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $35.1M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% 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.
Skyward Specialty Insurance Group, Inc. is a specialty property and casualty insurance provider offering tailored coverage solutions including commercial auto, general liability, professional indemnity, and specialty property policies. It primarily serves small-to-medium enterprises and niche industry segments across the United States, focusing on underwriting complex, hard-to-place risks for underserved client groups.
ALRM vs SKWD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $261.7M | $385.6M |
| Net Profit | $34.6M | $43.2M |
| Gross Margin | 66.0% | — |
| Operating Margin | 13.4% | 14.2% |
| Net Margin | 13.2% | 11.2% |
| Revenue YoY | 8.0% | 26.7% |
| Net Profit YoY | 14.8% | 200.1% |
| EPS (diluted) | $0.66 | $1.03 |
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 | $385.6M | ||
| Q3 25 | $256.4M | $382.5M | ||
| Q2 25 | $254.3M | $319.9M | ||
| Q1 25 | $238.8M | $328.5M | ||
| Q4 24 | $242.2M | $304.4M | ||
| Q3 24 | $240.5M | $300.9M | ||
| Q2 24 | $233.8M | $279.9M | ||
| Q1 24 | $223.3M | $265.0M |
| Q4 25 | $34.6M | $43.2M | ||
| Q3 25 | $35.1M | $45.9M | ||
| Q2 25 | $34.2M | $38.8M | ||
| Q1 25 | $27.7M | $42.1M | ||
| Q4 24 | $30.1M | $14.4M | ||
| Q3 24 | $36.7M | $36.7M | ||
| Q2 24 | $33.5M | $31.0M | ||
| Q1 24 | $23.6M | $36.8M |
| 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% | 14.2% | ||
| Q3 25 | 14.4% | 15.8% | ||
| Q2 25 | 12.6% | 15.6% | ||
| Q1 25 | 12.4% | 15.7% | ||
| Q4 24 | 12.7% | 6.1% | ||
| Q3 24 | 13.8% | 15.6% | ||
| Q2 24 | 11.0% | 14.4% | ||
| Q1 24 | 8.4% | 17.7% |
| Q4 25 | 13.2% | 11.2% | ||
| Q3 25 | 13.7% | 12.0% | ||
| Q2 25 | 13.5% | 12.1% | ||
| Q1 25 | 11.6% | 12.8% | ||
| Q4 24 | 12.4% | 4.7% | ||
| Q3 24 | 15.3% | 12.2% | ||
| Q2 24 | 14.3% | 11.1% | ||
| Q1 24 | 10.6% | 13.9% |
| Q4 25 | $0.66 | $1.03 | ||
| Q3 25 | $0.65 | $1.10 | ||
| Q2 25 | $0.63 | $0.93 | ||
| Q1 25 | $0.52 | $1.01 | ||
| Q4 24 | $0.56 | $0.33 | ||
| Q3 24 | $0.67 | $0.89 | ||
| Q2 24 | $0.62 | $0.75 | ||
| Q1 24 | $0.44 | $0.90 |
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 | $168.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $848.2M | $1.0B |
| Total Assets | $2.1B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $960.6M | $168.5M | ||
| Q3 25 | $1.1B | $160.1M | ||
| Q2 25 | $1.0B | $136.6M | ||
| Q1 25 | $1.2B | $112.9M | ||
| Q4 24 | $1.2B | $121.6M | ||
| Q3 24 | $1.2B | $105.6M | ||
| Q2 24 | $1.1B | $73.0M | ||
| Q1 24 | $747.9M | $85.1M |
| Q4 25 | $848.2M | $1.0B | ||
| Q3 25 | $827.2M | $961.4M | ||
| Q2 25 | $797.3M | $899.9M | ||
| Q1 25 | $759.6M | $850.7M | ||
| Q4 24 | $726.5M | $794.0M | ||
| Q3 24 | $690.3M | $797.5M | ||
| Q2 24 | $645.5M | $723.6M | ||
| Q1 24 | $728.1M | $692.3M |
| Q4 25 | $2.1B | $4.8B | ||
| Q3 25 | $2.1B | $4.6B | ||
| Q2 25 | $2.1B | $4.3B | ||
| Q1 25 | $2.1B | $4.0B | ||
| Q4 24 | $2.0B | $3.7B | ||
| Q3 24 | $2.0B | $3.6B | ||
| Q2 24 | $1.9B | $3.4B | ||
| Q1 24 | $1.5B | $3.2B |
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 | $408.1M |
| Free Cash FlowOCF − Capex | $35.1M | $402.6M |
| FCF MarginFCF / Revenue | 13.4% | 104.4% |
| Capex IntensityCapex / Revenue | 0.3% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.04× | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | $137.0M | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $35.9M | $408.1M | ||
| Q3 25 | $70.6M | $171.4M | ||
| Q2 25 | $22.7M | $88.2M | ||
| Q1 25 | $24.1M | $96.8M | ||
| Q4 24 | $56.3M | $305.1M | ||
| Q3 24 | $77.3M | $168.0M | ||
| Q2 24 | $23.0M | $21.0M | ||
| Q1 24 | $49.9M | $94.3M |
| Q4 25 | $35.1M | $402.6M | ||
| Q3 25 | $65.9M | $168.9M | ||
| Q2 25 | $18.2M | $87.1M | ||
| Q1 25 | $17.9M | $96.6M | ||
| Q4 24 | $54.0M | $300.9M | ||
| Q3 24 | $74.5M | $167.6M | ||
| Q2 24 | $21.0M | $18.4M | ||
| Q1 24 | $46.8M | $94.0M |
| Q4 25 | 13.4% | 104.4% | ||
| Q3 25 | 25.7% | 44.2% | ||
| Q2 25 | 7.1% | 27.2% | ||
| Q1 25 | 7.5% | 29.4% | ||
| Q4 24 | 22.3% | 98.8% | ||
| Q3 24 | 31.0% | 55.7% | ||
| Q2 24 | 9.0% | 6.6% | ||
| Q1 24 | 21.0% | 35.5% |
| Q4 25 | 0.3% | 1.4% | ||
| Q3 25 | 1.9% | 0.6% | ||
| Q2 25 | 1.8% | 0.3% | ||
| Q1 25 | 2.6% | 0.1% | ||
| Q4 24 | 0.9% | 1.4% | ||
| Q3 24 | 1.2% | 0.1% | ||
| Q2 24 | 0.9% | 0.9% | ||
| Q1 24 | 1.4% | 0.1% |
| Q4 25 | 1.04× | 9.44× | ||
| Q3 25 | 2.01× | 3.73× | ||
| Q2 25 | 0.66× | 2.27× | ||
| Q1 25 | 0.87× | 2.30× | ||
| Q4 24 | 1.87× | 21.18× | ||
| Q3 24 | 2.11× | 4.58× | ||
| Q2 24 | 0.69× | 0.68× | ||
| Q1 24 | 2.11× | 2.56× |
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% |
SKWD
Segment breakdown not available.
