vs
Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and Fat Brands, Inc (FAT). Click either name above to swap in a different company.
Arlo Technologies, Inc. is the larger business by last-quarter revenue ($141.3M vs $140.0M, roughly 1.0× Fat Brands, Inc). Arlo Technologies, Inc. runs the higher net margin — 4.1% vs -41.6%, a 45.7% gap on every dollar of revenue. On growth, Arlo Technologies, Inc. posted the faster year-over-year revenue change (16.2% vs -2.3%). Over the past eight quarters, Arlo Technologies, Inc.'s revenue compounded faster (6.7% CAGR vs -6.1%).
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.
FAT Brands Inc. is an American multi-brand restaurant and sports bar franchise operator headquartered in Beverly Hills, California.
ARLO vs FAT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $140.0M |
| Net Profit | $5.8M | $-58.2M |
| Gross Margin | 46.4% | — |
| Operating Margin | 3.3% | -12.4% |
| Net Margin | 4.1% | -41.6% |
| Revenue YoY | 16.2% | -2.3% |
| Net Profit YoY | 218.6% | -30.1% |
| EPS (diluted) | $0.06 | $-3.39 |
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 | — | ||
| Q3 25 | $139.5M | $140.0M | ||
| Q2 25 | $129.4M | $146.8M | ||
| Q1 25 | $119.1M | $142.0M | ||
| Q4 24 | $121.6M | $145.3M | ||
| Q3 24 | $137.7M | $143.4M | ||
| Q2 24 | $127.4M | $152.0M | ||
| Q1 24 | $124.2M | $152.0M |
| Q4 25 | $5.8M | — | ||
| Q3 25 | $6.9M | $-58.2M | ||
| Q2 25 | $3.1M | $-54.2M | ||
| Q1 25 | $-835.0K | $-46.0M | ||
| Q4 24 | $-4.9M | $-67.4M | ||
| Q3 24 | $-4.4M | $-44.8M | ||
| Q2 24 | $-11.6M | $-39.4M | ||
| Q1 24 | $-9.6M | $-38.3M |
| 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% | — | ||
| Q3 25 | 0.6% | -12.4% | ||
| Q2 25 | 1.5% | -10.6% | ||
| Q1 25 | -1.2% | -6.0% | ||
| Q4 24 | -5.0% | -27.1% | ||
| Q3 24 | -4.0% | -6.2% | ||
| Q2 24 | -10.0% | -1.8% | ||
| Q1 24 | -8.5% | -0.9% |
| Q4 25 | 4.1% | — | ||
| Q3 25 | 4.9% | -41.6% | ||
| Q2 25 | 2.4% | -36.9% | ||
| Q1 25 | -0.7% | -32.4% | ||
| Q4 24 | -4.0% | -46.4% | ||
| Q3 24 | -3.2% | -31.2% | ||
| Q2 24 | -9.1% | -25.9% | ||
| Q1 24 | -7.8% | -25.2% |
| Q4 25 | $0.06 | — | ||
| Q3 25 | $0.06 | $-3.39 | ||
| Q2 25 | $0.03 | $-3.17 | ||
| Q1 25 | $-0.01 | $-2.73 | ||
| Q4 24 | $-0.05 | $-4.06 | ||
| Q3 24 | $-0.04 | $-2.74 | ||
| Q2 24 | $-0.12 | $-2.43 | ||
| Q1 24 | $-0.10 | $-2.37 |
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 | — |
| Total DebtLower is stronger | — | $1.3B |
| Stockholders' EquityBook value | $127.8M | $-585.8M |
| Total Assets | $310.5M | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $146.4M | — | ||
| Q3 25 | $86.0M | — | ||
| Q2 25 | $71.2M | — | ||
| Q1 25 | $84.0M | — | ||
| Q4 24 | $82.0M | — | ||
| Q3 24 | $77.0M | — | ||
| Q2 24 | $62.9M | — | ||
| Q1 24 | $62.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $127.8M | — | ||
| Q3 25 | $129.2M | $-585.8M | ||
| Q2 25 | $118.3M | $-536.5M | ||
| Q1 25 | $103.4M | $-493.9M | ||
| Q4 24 | $100.9M | $-455.7M | ||
| Q3 24 | $96.9M | $-386.1M | ||
| Q2 24 | $99.3M | $-338.6M | ||
| Q1 24 | $99.9M | $-296.8M |
| Q4 25 | $310.5M | — | ||
| Q3 25 | $350.9M | $1.2B | ||
| Q2 25 | $319.7M | $1.2B | ||
| Q1 25 | $296.6M | $1.3B | ||
| Q4 24 | $298.4M | $1.3B | ||
| Q3 24 | $312.4M | $1.3B | ||
| Q2 24 | $295.8M | $1.4B | ||
| Q1 24 | $289.8M | $1.4B |
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 | $-14.5M |
| Free Cash FlowOCF − Capex | — | $-16.9M |
| FCF MarginFCF / Revenue | — | -12.1% |
| Capex IntensityCapex / Revenue | — | 1.7% |
| Cash ConversionOCF / Net Profit | 3.43× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-75.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | — | ||
| Q3 25 | $19.2M | $-14.5M | ||
| Q2 25 | $8.8M | $-26.9M | ||
| Q1 25 | $30.9M | $-13.2M | ||
| Q4 24 | $6.7M | $-10.4M | ||
| Q3 24 | $18.4M | $-3.2M | ||
| Q2 24 | $6.5M | $-14.2M | ||
| Q1 24 | $19.8M | $-28.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-16.9M | ||
| Q2 25 | — | $-29.3M | ||
| Q1 25 | $28.1M | $-17.8M | ||
| Q4 24 | $5.6M | $-11.0M | ||
| Q3 24 | $17.4M | $-11.1M | ||
| Q2 24 | $6.2M | $-24.4M | ||
| Q1 24 | $19.4M | $-32.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | -12.1% | ||
| Q2 25 | — | -20.0% | ||
| Q1 25 | 23.6% | -12.5% | ||
| Q4 24 | 4.6% | -7.6% | ||
| Q3 24 | 12.6% | -7.7% | ||
| Q2 24 | 4.8% | -16.1% | ||
| Q1 24 | 15.7% | -21.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | 2.4% | 3.2% | ||
| Q4 24 | 0.9% | 0.4% | ||
| Q3 24 | 0.7% | 5.5% | ||
| Q2 24 | 0.2% | 6.7% | ||
| Q1 24 | 0.3% | 2.7% |
| Q4 25 | 3.43× | — | ||
| Q3 25 | 2.79× | — | ||
| Q2 25 | 2.83× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
FAT
| Restaurant Sales | $96.6M | 69% |
| Royalty | $21.6M | 15% |
| Factory | $9.6M | 7% |
| Advertising | $9.1M | 7% |
| Franchisor | $1.5M | 1% |
| Other | $1.5M | 1% |
