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Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and Hut 8 Corp. (HUT). Click either name above to swap in a different company.

Arlo Technologies, Inc. is the larger business by last-quarter revenue ($141.3M vs $88.5M, roughly 1.6× Hut 8 Corp.). Arlo Technologies, Inc. runs the higher net margin — 4.1% vs -316.0%, a 320.1% gap on every dollar of revenue. On growth, Hut 8 Corp. posted the faster year-over-year revenue change (179.2% vs 16.2%). Over the past eight quarters, Hut 8 Corp.'s revenue compounded faster (30.8% 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.

Tropical Hut is a Filipino chain of fast food restaurants owned by Mercury Group of Companies, Inc. It is the 7th oldest food chain in the Philippines and older than Jollibee (1978) and McDonald's Philippines (1981).

ARLO vs HUT — Head-to-Head

Bigger by revenue
ARLO
ARLO
1.6× larger
ARLO
$141.3M
$88.5M
HUT
Growing faster (revenue YoY)
HUT
HUT
+163.0% gap
HUT
179.2%
16.2%
ARLO
Higher net margin
ARLO
ARLO
320.1% more per $
ARLO
4.1%
-316.0%
HUT
Faster 2-yr revenue CAGR
HUT
HUT
Annualised
HUT
30.8%
6.7%
ARLO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARLO
ARLO
HUT
HUT
Revenue
$141.3M
$88.5M
Net Profit
$5.8M
$-279.7M
Gross Margin
46.4%
60.4%
Operating Margin
3.3%
-491.4%
Net Margin
4.1%
-316.0%
Revenue YoY
16.2%
179.2%
Net Profit YoY
218.6%
-283.7%
EPS (diluted)
$0.06
$-2.45

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
HUT
HUT
Q4 25
$141.3M
$88.5M
Q3 25
$139.5M
$83.5M
Q2 25
$129.4M
$41.3M
Q1 25
$119.1M
$21.8M
Q4 24
$121.6M
$31.7M
Q3 24
$137.7M
$43.7M
Q2 24
$127.4M
$35.2M
Q1 24
$124.2M
$51.7M
Net Profit
ARLO
ARLO
HUT
HUT
Q4 25
$5.8M
$-279.7M
Q3 25
$6.9M
$50.1M
Q2 25
$3.1M
$137.3M
Q1 25
$-835.0K
$-133.9M
Q4 24
$-4.9M
$152.2M
Q3 24
$-4.4M
$647.0K
Q2 24
$-11.6M
$-71.9M
Q1 24
$-9.6M
$250.9M
Gross Margin
ARLO
ARLO
HUT
HUT
Q4 25
46.4%
60.4%
Q3 25
40.5%
61.3%
Q2 25
44.9%
47.3%
Q1 25
44.3%
14.5%
Q4 24
36.9%
35.9%
Q3 24
35.2%
59.9%
Q2 24
36.8%
41.4%
Q1 24
38.1%
45.6%
Operating Margin
ARLO
ARLO
HUT
HUT
Q4 25
3.3%
-491.4%
Q3 25
0.6%
87.0%
Q2 25
1.5%
Q1 25
-1.2%
-676.8%
Q4 24
-5.0%
Q3 24
-4.0%
-3.6%
Q2 24
-10.0%
-246.2%
Q1 24
-8.5%
Net Margin
ARLO
ARLO
HUT
HUT
Q4 25
4.1%
-316.0%
Q3 25
4.9%
60.0%
Q2 25
2.4%
332.5%
Q1 25
-0.7%
-613.7%
Q4 24
-4.0%
480.3%
Q3 24
-3.2%
1.5%
Q2 24
-9.1%
-204.1%
Q1 24
-7.8%
484.9%
EPS (diluted)
ARLO
ARLO
HUT
HUT
Q4 25
$0.06
$-2.45
Q3 25
$0.06
$0.43
Q2 25
$0.03
$1.18
Q1 25
$-0.01
$-1.30
Q4 24
$-0.05
$1.41
Q3 24
$-0.04
$0.01
Q2 24
$-0.12
$-0.78
Q1 24
$-0.10
$2.76

Balance Sheet & Financial Strength

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

Metric
ARLO
ARLO
HUT
HUT
Cash + ST InvestmentsLiquidity on hand
$146.4M
$44.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$127.8M
$1.4B
Total Assets
$310.5M
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARLO
ARLO
HUT
HUT
Q4 25
$146.4M
$44.9M
Q3 25
$86.0M
$33.5M
Q2 25
$71.2M
$216.3M
Q1 25
$84.0M
$108.4M
Q4 24
$82.0M
$85.0M
Q3 24
$77.0M
Q2 24
$62.9M
Q1 24
$62.1M
$11.5M
Total Debt
ARLO
ARLO
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$300.6M
Q3 24
$297.3M
Q2 24
$328.8M
Q1 24
$177.6M
Stockholders' Equity
ARLO
ARLO
HUT
HUT
Q4 25
$127.8M
$1.4B
Q3 25
$129.2M
$1.4B
Q2 25
$118.3M
$1.3B
Q1 25
$103.4M
$960.0M
Q4 24
$100.9M
$976.7M
Q3 24
$96.9M
$703.9M
Q2 24
$99.3M
$660.1M
Q1 24
$99.9M
$732.0M
Total Assets
ARLO
ARLO
HUT
HUT
Q4 25
$310.5M
$2.8B
Q3 25
$350.9M
$2.7B
Q2 25
$319.7M
$2.0B
Q1 25
$296.6M
$1.6B
Q4 24
$298.4M
$1.5B
Q3 24
$312.4M
$1.1B
Q2 24
$295.8M
$1.1B
Q1 24
$289.8M
$999.0M
Debt / Equity
ARLO
ARLO
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.31×
Q3 24
0.42×
Q2 24
0.50×
Q1 24
0.24×

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
HUT
HUT
Operating Cash FlowLast quarter
$19.8M
$-139.2M
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
HUT
HUT
Q4 25
$19.8M
$-139.2M
Q3 25
$19.2M
$770.0K
Q2 25
$8.8M
$-48.8M
Q1 25
$30.9M
$-33.8M
Q4 24
$6.7M
$-68.5M
Q3 24
$18.4M
$-4.2M
Q2 24
$6.5M
$-16.4M
Q1 24
$19.8M
$-26.3M
Free Cash Flow
ARLO
ARLO
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
$28.1M
Q4 24
$5.6M
Q3 24
$17.4M
Q2 24
$6.2M
Q1 24
$19.4M
FCF Margin
ARLO
ARLO
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
23.6%
Q4 24
4.6%
Q3 24
12.6%
Q2 24
4.8%
Q1 24
15.7%
Capex Intensity
ARLO
ARLO
HUT
HUT
Q4 25
Q3 25
Q2 25
Q1 25
2.4%
Q4 24
0.9%
Q3 24
0.7%
Q2 24
0.2%
Q1 24
0.3%
Cash Conversion
ARLO
ARLO
HUT
HUT
Q4 25
3.43×
Q3 25
2.79×
0.02×
Q2 25
2.83×
-0.36×
Q1 25
Q4 24
-0.45×
Q3 24
-6.49×
Q2 24
Q1 24
-0.11×

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%

HUT
HUT

High Performance Computing Colocation And Cloud$81.9M93%
Power$5.0M6%
Digital Infrastructure$1.6M2%

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