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Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and Perella Weinberg Partners (PWP). Click either name above to swap in a different company.
Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $141.3M, roughly 1.6× Arlo Technologies, Inc.). Perella Weinberg Partners runs the higher net margin — 6.3% vs 4.1%, a 2.2% gap on every dollar of revenue. On growth, Arlo Technologies, Inc. posted the faster year-over-year revenue change (16.2% vs -2.9%). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% 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.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
ARLO vs PWP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $219.2M |
| Net Profit | $5.8M | $13.8M |
| Gross Margin | 46.4% | — |
| Operating Margin | 3.3% | 8.5% |
| Net Margin | 4.1% | 6.3% |
| Revenue YoY | 16.2% | -2.9% |
| Net Profit YoY | 218.6% | — |
| EPS (diluted) | $0.06 | $0.11 |
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 | $219.2M | ||
| Q3 25 | $139.5M | $164.6M | ||
| Q2 25 | $129.4M | $155.3M | ||
| Q1 25 | $119.1M | $211.8M | ||
| Q4 24 | $121.6M | $225.7M | ||
| Q3 24 | $137.7M | $278.2M | ||
| Q2 24 | $127.4M | $272.0M | ||
| Q1 24 | $124.2M | $102.1M |
| Q4 25 | $5.8M | $13.8M | ||
| Q3 25 | $6.9M | $6.0M | ||
| Q2 25 | $3.1M | $2.7M | ||
| Q1 25 | $-835.0K | $17.3M | ||
| Q4 24 | $-4.9M | — | ||
| Q3 24 | $-4.4M | $16.4M | ||
| Q2 24 | $-11.6M | $-66.0M | ||
| Q1 24 | $-9.6M | $-35.8M |
| 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% | 8.5% | ||
| Q3 25 | 0.6% | 5.4% | ||
| Q2 25 | 1.5% | 5.8% | ||
| Q1 25 | -1.2% | 5.5% | ||
| Q4 24 | -5.0% | — | ||
| Q3 24 | -4.0% | 12.9% | ||
| Q2 24 | -10.0% | -30.2% | ||
| Q1 24 | -8.5% | -52.4% |
| Q4 25 | 4.1% | 6.3% | ||
| Q3 25 | 4.9% | 3.6% | ||
| Q2 25 | 2.4% | 1.8% | ||
| Q1 25 | -0.7% | 8.2% | ||
| Q4 24 | -4.0% | — | ||
| Q3 24 | -3.2% | 5.9% | ||
| Q2 24 | -9.1% | -24.3% | ||
| Q1 24 | -7.8% | -35.1% |
| Q4 25 | $0.06 | $0.11 | ||
| Q3 25 | $0.06 | $0.08 | ||
| Q2 25 | $0.03 | $0.04 | ||
| Q1 25 | $-0.01 | $0.24 | ||
| Q4 24 | $-0.05 | — | ||
| Q3 24 | $-0.04 | $0.24 | ||
| Q2 24 | $-0.12 | $-1.21 | ||
| Q1 24 | $-0.10 | $-0.91 |
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 | $255.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $127.8M | $-127.4M |
| Total Assets | $310.5M | $797.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $146.4M | $255.9M | ||
| Q3 25 | $86.0M | $185.5M | ||
| Q2 25 | $71.2M | $145.0M | ||
| Q1 25 | $84.0M | $111.2M | ||
| Q4 24 | $82.0M | $407.4M | ||
| Q3 24 | $77.0M | $335.1M | ||
| Q2 24 | $62.9M | $185.3M | ||
| Q1 24 | $62.1M | $156.7M |
| Q4 25 | $127.8M | $-127.4M | ||
| Q3 25 | $129.2M | $-302.4M | ||
| Q2 25 | $118.3M | $-318.4M | ||
| Q1 25 | $103.4M | $-323.1M | ||
| Q4 24 | $100.9M | $-421.4M | ||
| Q3 24 | $96.9M | $-360.8M | ||
| Q2 24 | $99.3M | $-283.0M | ||
| Q1 24 | $99.9M | $161.9M |
| Q4 25 | $310.5M | $797.6M | ||
| Q3 25 | $350.9M | $650.2M | ||
| Q2 25 | $319.7M | $606.7M | ||
| Q1 25 | $296.6M | $570.5M | ||
| Q4 24 | $298.4M | $876.8M | ||
| Q3 24 | $312.4M | $810.9M | ||
| Q2 24 | $295.8M | $645.5M | ||
| Q1 24 | $289.8M | $583.6M |
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 | $34.8M |
| Free Cash FlowOCF − Capex | — | $30.5M |
| FCF MarginFCF / Revenue | — | 13.9% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | 3.43× | 2.52× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | $34.8M | ||
| Q3 25 | $19.2M | $59.2M | ||
| Q2 25 | $8.8M | $56.1M | ||
| Q1 25 | $30.9M | $-176.5M | ||
| Q4 24 | $6.7M | $223.4M | ||
| Q3 24 | $18.4M | $200.3M | ||
| Q2 24 | $6.5M | $90.0M | ||
| Q1 24 | $19.8M | $-206.3M |
| Q4 25 | — | $30.5M | ||
| Q3 25 | — | $57.6M | ||
| Q2 25 | — | $55.3M | ||
| Q1 25 | $28.1M | $-177.6M | ||
| Q4 24 | $5.6M | $207.0M | ||
| Q3 24 | $17.4M | $199.3M | ||
| Q2 24 | $6.2M | $83.7M | ||
| Q1 24 | $19.4M | $-214.8M |
| Q4 25 | — | 13.9% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 35.6% | ||
| Q1 25 | 23.6% | -83.8% | ||
| Q4 24 | 4.6% | 91.7% | ||
| Q3 24 | 12.6% | 71.6% | ||
| Q2 24 | 4.8% | 30.8% | ||
| Q1 24 | 15.7% | -210.3% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | 2.4% | 0.5% | ||
| Q4 24 | 0.9% | 7.3% | ||
| Q3 24 | 0.7% | 0.4% | ||
| Q2 24 | 0.2% | 2.3% | ||
| Q1 24 | 0.3% | 8.3% |
| Q4 25 | 3.43× | 2.52× | ||
| Q3 25 | 2.79× | 9.85× | ||
| Q2 25 | 2.83× | 20.50× | ||
| Q1 25 | — | -10.18× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 12.23× | ||
| 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% |
PWP
Segment breakdown not available.
