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Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and PATHWARD FINANCIAL, INC. (CASH). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($173.1M vs $141.3M, roughly 1.2× Arlo Technologies, Inc.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 4.1%, a 16.2% gap on every dollar of revenue. On growth, Arlo Technologies, Inc. posted the faster year-over-year revenue change (16.2% vs -0.2%). Over the past eight quarters, Arlo Technologies, Inc.'s revenue compounded faster (6.7% CAGR vs -18.0%).
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.
Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.
ARLO vs CASH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $173.1M |
| Net Profit | $5.8M | $35.2M |
| Gross Margin | 46.4% | — |
| Operating Margin | 3.3% | 24.6% |
| Net Margin | 4.1% | 20.3% |
| Revenue YoY | 16.2% | -0.2% |
| Net Profit YoY | 218.6% | 11.9% |
| EPS (diluted) | $0.06 | $1.57 |
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 | $141.3M | $173.1M | ||
| Q3 25 | $139.5M | $186.7M | ||
| Q2 25 | $129.4M | $195.8M | ||
| Q1 25 | $119.1M | $274.8M | ||
| Q4 24 | $121.6M | $182.6M | ||
| Q3 24 | $137.7M | $179.5M | ||
| Q2 24 | $127.4M | $188.6M | ||
| Q1 24 | $124.2M | $257.6M |
| Q4 25 | $5.8M | $35.2M | ||
| Q3 25 | $6.9M | $38.8M | ||
| Q2 25 | $3.1M | $42.1M | ||
| Q1 25 | $-835.0K | $75.0M | ||
| Q4 24 | $-4.9M | $30.0M | ||
| Q3 24 | $-4.4M | $33.5M | ||
| Q2 24 | $-11.6M | $44.9M | ||
| Q1 24 | $-9.6M | $69.9M |
| Q4 25 | 46.4% | — | ||
| Q3 25 | 40.5% | — | ||
| Q2 25 | 44.9% | — | ||
| Q1 25 | 44.3% | — | ||
| Q4 24 | 36.9% | — | ||
| Q3 24 | 35.2% | — | ||
| Q2 24 | 36.8% | — | ||
| Q1 24 | 38.1% | — |
| Q4 25 | 3.3% | 24.6% | ||
| Q3 25 | 0.6% | 25.9% | ||
| Q2 25 | 1.5% | 24.1% | ||
| Q1 25 | -1.2% | 33.2% | ||
| Q4 24 | -5.0% | 19.8% | ||
| Q3 24 | -4.0% | 20.9% | ||
| Q2 24 | -10.0% | 27.1% | ||
| Q1 24 | -8.5% | 33.8% |
| Q4 25 | 4.1% | 20.3% | ||
| Q3 25 | 4.9% | 20.8% | ||
| Q2 25 | 2.4% | 21.5% | ||
| Q1 25 | -0.7% | 27.3% | ||
| Q4 24 | -4.0% | 16.4% | ||
| Q3 24 | -3.2% | 18.7% | ||
| Q2 24 | -9.1% | 23.8% | ||
| Q1 24 | -7.8% | 27.1% |
| Q4 25 | $0.06 | $1.57 | ||
| Q3 25 | $0.06 | $1.69 | ||
| Q2 25 | $0.03 | $1.81 | ||
| Q1 25 | $-0.01 | $3.14 | ||
| Q4 24 | $-0.05 | $1.23 | ||
| Q3 24 | $-0.04 | $1.34 | ||
| Q2 24 | $-0.12 | $1.78 | ||
| Q1 24 | $-0.10 | $2.74 |
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 | $331.2M |
| Total DebtLower is stronger | — | $33.5M |
| Stockholders' EquityBook value | $127.8M | $854.5M |
| Total Assets | $310.5M | $7.6B |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $146.4M | $331.2M | ||
| Q3 25 | $86.0M | $120.6M | ||
| Q2 25 | $71.2M | $258.3M | ||
| Q1 25 | $84.0M | $254.2M | ||
| Q4 24 | $82.0M | $597.4M | ||
| Q3 24 | $77.0M | $158.3M | ||
| Q2 24 | $62.9M | $298.9M | ||
| Q1 24 | $62.1M | $347.9M |
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $33.5M | ||
| Q2 25 | — | $33.4M | ||
| Q1 25 | — | $33.4M | ||
| Q4 24 | — | $33.4M | ||
| Q3 24 | — | $33.4M | ||
| Q2 24 | — | $33.3M | ||
| Q1 24 | — | $33.4M |
| Q4 25 | $127.8M | $854.5M | ||
| Q3 25 | $129.2M | $858.0M | ||
| Q2 25 | $118.3M | $819.0M | ||
| Q1 25 | $103.4M | $814.7M | ||
| Q4 24 | $100.9M | $758.3M | ||
| Q3 24 | $96.9M | $822.5M | ||
| Q2 24 | $99.3M | $748.4M | ||
| Q1 24 | $99.9M | $719.5M |
| Q4 25 | $310.5M | $7.6B | ||
| Q3 25 | $350.9M | $7.2B | ||
| Q2 25 | $319.7M | $7.2B | ||
| Q1 25 | $296.6M | $7.0B | ||
| Q4 24 | $298.4M | $7.6B | ||
| Q3 24 | $312.4M | $7.5B | ||
| Q2 24 | $295.8M | $7.5B | ||
| Q1 24 | $289.8M | $7.4B |
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× | ||
| Q1 24 | — | 0.05× |
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 | $108.3M |
| Free Cash FlowOCF − Capex | — | $104.1M |
| FCF MarginFCF / Revenue | — | 60.1% |
| Capex IntensityCapex / Revenue | — | 2.4% |
| Cash ConversionOCF / Net Profit | 3.43× | 3.08× |
| TTM Free Cash FlowTrailing 4 quarters | — | $616.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | $108.3M | ||
| Q3 25 | $19.2M | $303.7M | ||
| Q2 25 | $8.8M | $30.4M | ||
| Q1 25 | $30.9M | $188.3M | ||
| Q4 24 | $6.7M | $-71.7M | ||
| Q3 24 | $18.4M | $143.1M | ||
| Q2 24 | $6.5M | $113.2M | ||
| Q1 24 | $19.8M | $203.0M |
| Q4 25 | — | $104.1M | ||
| Q3 25 | — | $300.3M | ||
| Q2 25 | — | $27.7M | ||
| Q1 25 | $28.1M | $184.7M | ||
| Q4 24 | $5.6M | $-73.8M | ||
| Q3 24 | $17.4M | $138.8M | ||
| Q2 24 | $6.2M | $111.0M | ||
| Q1 24 | $19.4M | $201.3M |
| Q4 25 | — | 60.1% | ||
| Q3 25 | — | 160.9% | ||
| Q2 25 | — | 14.1% | ||
| Q1 25 | 23.6% | 67.2% | ||
| Q4 24 | 4.6% | -40.4% | ||
| Q3 24 | 12.6% | 77.3% | ||
| Q2 24 | 4.8% | 58.8% | ||
| Q1 24 | 15.7% | 78.1% |
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | 2.4% | 1.3% | ||
| Q4 24 | 0.9% | 1.1% | ||
| Q3 24 | 0.7% | 2.4% | ||
| Q2 24 | 0.2% | 1.2% | ||
| Q1 24 | 0.3% | 0.7% |
| Q4 25 | 3.43× | 3.08× | ||
| Q3 25 | 2.79× | 7.83× | ||
| Q2 25 | 2.83× | 0.72× | ||
| Q1 25 | — | 2.51× | ||
| Q4 24 | — | -2.39× | ||
| Q3 24 | — | 4.27× | ||
| Q2 24 | — | 2.52× | ||
| Q1 24 | — | 2.90× |
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% |
CASH
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
