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Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and BALCHEM CORP (BCPC). Click either name above to swap in a different company.
BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $141.3M, roughly 1.9× Arlo Technologies, Inc.). BALCHEM CORP runs the higher net margin — 14.9% vs 4.1%, a 10.8% gap on every dollar of revenue. On growth, Arlo Technologies, Inc. posted the faster year-over-year revenue change (16.2% vs 8.1%). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% 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.
Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.
ARLO vs BCPC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $270.7M |
| Net Profit | $5.8M | $40.3M |
| Gross Margin | 46.4% | — |
| Operating Margin | 3.3% | 20.5% |
| Net Margin | 4.1% | 14.9% |
| Revenue YoY | 16.2% | 8.1% |
| Net Profit YoY | 218.6% | 8.7% |
| EPS (diluted) | $0.06 | $1.25 |
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 | — | $270.7M | ||
| Q4 25 | $141.3M | $263.6M | ||
| Q3 25 | $139.5M | $267.6M | ||
| Q2 25 | $129.4M | $255.5M | ||
| Q1 25 | $119.1M | $250.5M | ||
| Q4 24 | $121.6M | $240.0M | ||
| Q3 24 | $137.7M | $239.9M | ||
| Q2 24 | $127.4M | $234.1M |
| Q1 26 | — | $40.3M | ||
| Q4 25 | $5.8M | $39.2M | ||
| Q3 25 | $6.9M | $40.3M | ||
| Q2 25 | $3.1M | $38.3M | ||
| Q1 25 | $-835.0K | $37.1M | ||
| Q4 24 | $-4.9M | $33.6M | ||
| Q3 24 | $-4.4M | $33.8M | ||
| Q2 24 | $-11.6M | $32.1M |
| Q1 26 | — | — | ||
| Q4 25 | 46.4% | 35.6% | ||
| Q3 25 | 40.5% | 35.7% | ||
| Q2 25 | 44.9% | 36.4% | ||
| Q1 25 | 44.3% | 35.2% | ||
| Q4 24 | 36.9% | 36.0% | ||
| Q3 24 | 35.2% | 35.6% | ||
| Q2 24 | 36.8% | 35.5% |
| Q1 26 | — | 20.5% | ||
| Q4 25 | 3.3% | 19.8% | ||
| Q3 25 | 0.6% | 20.4% | ||
| Q2 25 | 1.5% | 20.1% | ||
| Q1 25 | -1.2% | 20.4% | ||
| Q4 24 | -5.0% | 19.8% | ||
| Q3 24 | -4.0% | 20.0% | ||
| Q2 24 | -10.0% | 19.6% |
| Q1 26 | — | 14.9% | ||
| Q4 25 | 4.1% | 14.9% | ||
| Q3 25 | 4.9% | 15.1% | ||
| Q2 25 | 2.4% | 15.0% | ||
| Q1 25 | -0.7% | 14.8% | ||
| Q4 24 | -4.0% | 14.0% | ||
| Q3 24 | -3.2% | 14.1% | ||
| Q2 24 | -9.1% | 13.7% |
| Q1 26 | — | $1.25 | ||
| Q4 25 | $0.06 | $1.21 | ||
| Q3 25 | $0.06 | $1.24 | ||
| Q2 25 | $0.03 | $1.17 | ||
| Q1 25 | $-0.01 | $1.13 | ||
| Q4 24 | $-0.05 | $1.03 | ||
| Q3 24 | $-0.04 | $1.03 | ||
| Q2 24 | $-0.12 | $0.98 |
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 | $72.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $127.8M | $1.3B |
| Total Assets | $310.5M | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $72.9M | ||
| Q4 25 | $146.4M | $74.6M | ||
| Q3 25 | $86.0M | $65.1M | ||
| Q2 25 | $71.2M | $65.4M | ||
| Q1 25 | $84.0M | $49.9M | ||
| Q4 24 | $82.0M | $49.5M | ||
| Q3 24 | $77.0M | $73.7M | ||
| Q2 24 | $62.9M | $63.7M |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $127.8M | $1.3B | ||
| Q3 25 | $129.2M | $1.3B | ||
| Q2 25 | $118.3M | $1.3B | ||
| Q1 25 | $103.4M | $1.2B | ||
| Q4 24 | $100.9M | $1.1B | ||
| Q3 24 | $96.9M | $1.2B | ||
| Q2 24 | $99.3M | $1.1B |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $310.5M | $1.7B | ||
| Q3 25 | $350.9M | $1.7B | ||
| Q2 25 | $319.7M | $1.7B | ||
| Q1 25 | $296.6M | $1.6B | ||
| Q4 24 | $298.4M | $1.6B | ||
| Q3 24 | $312.4M | $1.6B | ||
| Q2 24 | $295.8M | $1.6B |
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 | $40.1M |
| Free Cash FlowOCF − Capex | — | $33.8M |
| FCF MarginFCF / Revenue | — | 12.5% |
| Capex IntensityCapex / Revenue | — | 2.3% |
| Cash ConversionOCF / Net Profit | 3.43× | 0.99× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $40.1M | ||
| Q4 25 | $19.8M | $67.3M | ||
| Q3 25 | $19.2M | $65.6M | ||
| Q2 25 | $8.8M | $47.3M | ||
| Q1 25 | $30.9M | $36.5M | ||
| Q4 24 | $6.7M | $52.3M | ||
| Q3 24 | $18.4M | $51.3M | ||
| Q2 24 | $6.5M | $45.0M |
| Q1 26 | — | $33.8M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $28.1M | — | ||
| Q4 24 | $5.6M | — | ||
| Q3 24 | $17.4M | — | ||
| Q2 24 | $6.2M | — |
| Q1 26 | — | 12.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 23.6% | — | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 12.6% | — | ||
| Q2 24 | 4.8% | — |
| Q1 26 | — | 2.3% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.2% | — |
| Q1 26 | — | 0.99× | ||
| Q4 25 | 3.43× | 1.72× | ||
| Q3 25 | 2.79× | 1.63× | ||
| Q2 25 | 2.83× | 1.23× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 1.52× | ||
| Q2 24 | — | 1.40× |
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% |
BCPC
Segment breakdown not available.
