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Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and BingEx Ltd (FLX). Click either name above to swap in a different company.

BingEx Ltd is the larger business by last-quarter revenue ($143.2M vs $141.3M, roughly 1.0× Arlo Technologies, Inc.). Arlo Technologies, Inc. runs the higher net margin — 4.1% vs 2.2%, a 1.8% gap on every dollar of revenue.

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.

ARLO vs FLX — Head-to-Head

Bigger by revenue
FLX
FLX
1.0× larger
FLX
$143.2M
$141.3M
ARLO
Higher net margin
ARLO
ARLO
1.8% more per $
ARLO
4.1%
2.2%
FLX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARLO
ARLO
FLX
FLX
Revenue
$141.3M
$143.2M
Net Profit
$5.8M
$3.2M
Gross Margin
46.4%
10.8%
Operating Margin
3.3%
Net Margin
4.1%
2.2%
Revenue YoY
16.2%
Net Profit YoY
218.6%
EPS (diluted)
$0.06

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.

Revenue
ARLO
ARLO
FLX
FLX
Q1 26
$143.2M
Q4 25
$141.3M
Q3 25
$139.5M
$141.2M
Q2 25
$129.4M
$143.0M
Q1 25
$119.1M
$141.0M
Q4 24
$121.6M
Q3 24
$137.7M
$164.6M
Q2 24
$127.4M
Net Profit
ARLO
ARLO
FLX
FLX
Q1 26
$3.2M
Q4 25
$5.8M
Q3 25
$6.9M
$6.1M
Q2 25
$3.1M
$7.5M
Q1 25
$-835.0K
$27.6M
Q4 24
$-4.9M
Q3 24
$-4.4M
$3.4M
Q2 24
$-11.6M
Gross Margin
ARLO
ARLO
FLX
FLX
Q1 26
10.8%
Q4 25
46.4%
Q3 25
40.5%
11.1%
Q2 25
44.9%
12.0%
Q1 25
44.3%
10.0%
Q4 24
36.9%
Q3 24
35.2%
11.3%
Q2 24
36.8%
Operating Margin
ARLO
ARLO
FLX
FLX
Q1 26
Q4 25
3.3%
Q3 25
0.6%
1.4%
Q2 25
1.5%
1.9%
Q1 25
-1.2%
Q4 24
-5.0%
Q3 24
-4.0%
4.0%
Q2 24
-10.0%
Net Margin
ARLO
ARLO
FLX
FLX
Q1 26
2.2%
Q4 25
4.1%
Q3 25
4.9%
4.4%
Q2 25
2.4%
5.2%
Q1 25
-0.7%
19.6%
Q4 24
-4.0%
Q3 24
-3.2%
2.1%
Q2 24
-9.1%
EPS (diluted)
ARLO
ARLO
FLX
FLX
Q1 26
Q4 25
$0.06
Q3 25
$0.06
Q2 25
$0.03
Q1 25
$-0.01
Q4 24
$-0.05
Q3 24
$-0.04
Q2 24
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARLO
ARLO
FLX
FLX
Cash + ST InvestmentsLiquidity on hand
$146.4M
$561.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$127.8M
Total Assets
$310.5M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARLO
ARLO
FLX
FLX
Q1 26
$561.1M
Q4 25
$146.4M
Q3 25
$86.0M
$628.6M
Q2 25
$71.2M
$499.4M
Q1 25
$84.0M
$592.4M
Q4 24
$82.0M
Q3 24
$77.0M
$517.4M
Q2 24
$62.9M
Stockholders' Equity
ARLO
ARLO
FLX
FLX
Q1 26
Q4 25
$127.8M
Q3 25
$129.2M
Q2 25
$118.3M
Q1 25
$103.4M
Q4 24
$100.9M
Q3 24
$96.9M
Q2 24
$99.3M
Total Assets
ARLO
ARLO
FLX
FLX
Q1 26
$1.3B
Q4 25
$310.5M
Q3 25
$350.9M
$1.3B
Q2 25
$319.7M
$1.2B
Q1 25
$296.6M
$1.2B
Q4 24
$298.4M
Q3 24
$312.4M
$926.8M
Q2 24
$295.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARLO
ARLO
FLX
FLX
Operating Cash FlowLast quarter
$19.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.43×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARLO
ARLO
FLX
FLX
Q1 26
Q4 25
$19.8M
Q3 25
$19.2M
Q2 25
$8.8M
Q1 25
$30.9M
Q4 24
$6.7M
Q3 24
$18.4M
Q2 24
$6.5M
Free Cash Flow
ARLO
ARLO
FLX
FLX
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
$28.1M
Q4 24
$5.6M
Q3 24
$17.4M
Q2 24
$6.2M
FCF Margin
ARLO
ARLO
FLX
FLX
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
23.6%
Q4 24
4.6%
Q3 24
12.6%
Q2 24
4.8%
Capex Intensity
ARLO
ARLO
FLX
FLX
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
2.4%
Q4 24
0.9%
Q3 24
0.7%
Q2 24
0.2%
Cash Conversion
ARLO
ARLO
FLX
FLX
Q1 26
Q4 25
3.43×
Q3 25
2.79×
Q2 25
2.83×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARLO
ARLO

Subscriptions And Services$89.4M63%
Products$51.9M37%

FLX
FLX

Segment breakdown not available.

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