vs
Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and Bandwidth Inc. (BAND). Click either name above to swap in a different company.
Bandwidth Inc. is the larger business by last-quarter revenue ($208.8M vs $141.3M, roughly 1.5× Arlo Technologies, Inc.). Arlo Technologies, Inc. runs the higher net margin — 4.1% vs 1.9%, a 2.2% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 16.2%). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs 6.7%).
Arlo Technologies is an American company that makes wireless surveillance cameras. Prior to an initial public offering (IPO) on the New York Stock Exchange in August 2018, Arlo was a brand of such products by Netgear, which retained majority control after the IPO.
Bandwidth Inc. is a communications platform as a service company. It sells software application programming interfaces for voice, text messaging and emergency services, using its own global IP voice network.
ARLO vs BAND — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $208.8M |
| Net Profit | $5.8M | $4.0M |
| Gross Margin | 46.4% | 37.3% |
| Operating Margin | 3.3% | 60.5% |
| Net Margin | 4.1% | 1.9% |
| Revenue YoY | 16.2% | 20.1% |
| Net Profit YoY | 218.6% | 200.0% |
| EPS (diluted) | $0.06 | $-0.08 |
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 | — | $208.8M | ||
| Q4 25 | $141.3M | $207.7M | ||
| Q3 25 | $139.5M | $191.9M | ||
| Q2 25 | $129.4M | $180.0M | ||
| Q1 25 | $119.1M | $174.2M | ||
| Q4 24 | $121.6M | $210.0M | ||
| Q3 24 | $137.7M | $193.9M | ||
| Q2 24 | $127.4M | $173.6M |
| Q1 26 | — | $4.0M | ||
| Q4 25 | $5.8M | — | ||
| Q3 25 | $6.9M | $-1.2M | ||
| Q2 25 | $3.1M | $-4.9M | ||
| Q1 25 | $-835.0K | $-3.7M | ||
| Q4 24 | $-4.9M | — | ||
| Q3 24 | $-4.4M | $413.0K | ||
| Q2 24 | $-11.6M | $4.1M |
| Q1 26 | — | 37.3% | ||
| Q4 25 | 46.4% | 37.6% | ||
| Q3 25 | 40.5% | 38.5% | ||
| Q2 25 | 44.9% | 39.8% | ||
| Q1 25 | 44.3% | 41.0% | ||
| Q4 24 | 36.9% | 36.4% | ||
| Q3 24 | 35.2% | 37.7% | ||
| Q2 24 | 36.8% | 37.3% |
| Q1 26 | — | 60.5% | ||
| Q4 25 | 3.3% | -1.9% | ||
| Q3 25 | 0.6% | -1.0% | ||
| Q2 25 | 1.5% | -2.1% | ||
| Q1 25 | -1.2% | -2.7% | ||
| Q4 24 | -5.0% | -1.3% | ||
| Q3 24 | -4.0% | -0.5% | ||
| Q2 24 | -10.0% | -3.5% |
| Q1 26 | — | 1.9% | ||
| Q4 25 | 4.1% | — | ||
| Q3 25 | 4.9% | -0.6% | ||
| Q2 25 | 2.4% | -2.7% | ||
| Q1 25 | -0.7% | -2.1% | ||
| Q4 24 | -4.0% | — | ||
| Q3 24 | -3.2% | 0.2% | ||
| Q2 24 | -9.1% | 2.3% |
| Q1 26 | — | $-0.08 | ||
| Q4 25 | $0.06 | $-0.10 | ||
| Q3 25 | $0.06 | $-0.04 | ||
| Q2 25 | $0.03 | $-0.16 | ||
| Q1 25 | $-0.01 | $-0.13 | ||
| Q4 24 | $-0.05 | $0.27 | ||
| Q3 24 | $-0.04 | $0.01 | ||
| Q2 24 | $-0.12 | $-0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $146.4M | $47.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $127.8M | $405.7M |
| Total Assets | $310.5M | $984.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $47.3M | ||
| Q4 25 | $146.4M | $111.3M | ||
| Q3 25 | $86.0M | $80.4M | ||
| Q2 25 | $71.2M | $68.1M | ||
| Q1 25 | $84.0M | $41.7M | ||
| Q4 24 | $82.0M | $83.8M | ||
| Q3 24 | $77.0M | $79.9M | ||
| Q2 24 | $62.9M | $76.4M |
| Q1 26 | — | $405.7M | ||
| Q4 25 | $127.8M | $400.0M | ||
| Q3 25 | $129.2M | $392.7M | ||
| Q2 25 | $118.3M | $384.5M | ||
| Q1 25 | $103.4M | $345.4M | ||
| Q4 24 | $100.9M | $312.5M | ||
| Q3 24 | $96.9M | $336.6M | ||
| Q2 24 | $99.3M | $307.4M |
| Q1 26 | — | $984.2M | ||
| Q4 25 | $310.5M | $1.1B | ||
| Q3 25 | $350.9M | $1.0B | ||
| Q2 25 | $319.7M | $1.0B | ||
| Q1 25 | $296.6M | $964.4M | ||
| Q4 24 | $298.4M | $989.2M | ||
| Q3 24 | $312.4M | $1.0B | ||
| Q2 24 | $295.8M | $1.0B |
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 | $19.8M | — |
| Free Cash FlowOCF − Capex | — | $-1.0M |
| FCF MarginFCF / Revenue | — | -0.5% |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 3.43× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $19.8M | $38.6M | ||
| Q3 25 | $19.2M | $22.2M | ||
| Q2 25 | $8.8M | $31.7M | ||
| Q1 25 | $30.9M | $-3.1M | ||
| Q4 24 | $6.7M | $36.5M | ||
| Q3 24 | $18.4M | $20.5M | ||
| Q2 24 | $6.5M | $24.4M |
| Q1 26 | — | $-1.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $28.1M | — | ||
| Q4 24 | $5.6M | — | ||
| Q3 24 | $17.4M | — | ||
| Q2 24 | $6.2M | — |
| Q1 26 | — | -0.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 23.6% | — | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 12.6% | — | ||
| Q2 24 | 4.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.43× | — | ||
| Q3 25 | 2.79× | — | ||
| Q2 25 | 2.83× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 49.55× | ||
| Q2 24 | — | 6.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARLO
| Subscriptions And Services | $89.4M | 63% |
| Products | $51.9M | 37% |
BAND
Segment breakdown not available.
