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Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and P10, Inc. (PX). Click either name above to swap in a different company.
Arlo Technologies, Inc. is the larger business by last-quarter revenue ($141.3M vs $81.0M, roughly 1.7× P10, Inc.). P10, Inc. runs the higher net margin — 11.7% vs 4.1%, a 7.6% gap on every dollar of revenue. On growth, Arlo Technologies, Inc. posted the faster year-over-year revenue change (16.2% vs -4.7%). Over the past eight quarters, P10, Inc.'s revenue compounded faster (10.7% 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.
P10, Inc. is a global alternative investment management firm that offers a diversified portfolio of investment solutions spanning private equity, private credit, real assets and venture capital. It primarily caters to institutional clients including pension funds, endowments, foundations, and high-net-worth individuals across North America, Europe, and Asia Pacific.
ARLO vs PX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $81.0M |
| Net Profit | $5.8M | $9.5M |
| Gross Margin | 46.4% | — |
| Operating Margin | 3.3% | 31.9% |
| Net Margin | 4.1% | 11.7% |
| Revenue YoY | 16.2% | -4.7% |
| Net Profit YoY | 218.6% | 79.0% |
| EPS (diluted) | $0.06 | $0.08 |
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 | $81.0M | ||
| Q3 25 | $139.5M | $75.9M | ||
| Q2 25 | $129.4M | $72.7M | ||
| Q1 25 | $119.1M | $67.7M | ||
| Q4 24 | $121.6M | $85.0M | ||
| Q3 24 | $137.7M | $74.2M | ||
| Q2 24 | $127.4M | $71.1M | ||
| Q1 24 | $124.2M | $66.1M |
| Q4 25 | $5.8M | $9.5M | ||
| Q3 25 | $6.9M | $2.1M | ||
| Q2 25 | $3.1M | $3.4M | ||
| Q1 25 | $-835.0K | $4.5M | ||
| Q4 24 | $-4.9M | $5.3M | ||
| Q3 24 | $-4.4M | $1.4M | ||
| Q2 24 | $-11.6M | $7.0M | ||
| Q1 24 | $-9.6M | $5.0M |
| 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% | 31.9% | ||
| Q3 25 | 0.6% | 14.1% | ||
| Q2 25 | 1.5% | 24.4% | ||
| Q1 25 | -1.2% | 16.6% | ||
| Q4 24 | -5.0% | 26.9% | ||
| Q3 24 | -4.0% | 11.9% | ||
| Q2 24 | -10.0% | 23.7% | ||
| Q1 24 | -8.5% | 18.3% |
| Q4 25 | 4.1% | 11.7% | ||
| Q3 25 | 4.9% | 2.8% | ||
| Q2 25 | 2.4% | 4.7% | ||
| Q1 25 | -0.7% | 6.7% | ||
| Q4 24 | -4.0% | 6.2% | ||
| Q3 24 | -3.2% | 1.9% | ||
| Q2 24 | -9.1% | 9.8% | ||
| Q1 24 | -7.8% | 7.6% |
| Q4 25 | $0.06 | $0.08 | ||
| Q3 25 | $0.06 | $0.02 | ||
| Q2 25 | $0.03 | $0.03 | ||
| Q1 25 | $-0.01 | $0.04 | ||
| Q4 24 | $-0.05 | $0.05 | ||
| Q3 24 | $-0.04 | $0.01 | ||
| Q2 24 | $-0.12 | $0.06 | ||
| Q1 24 | $-0.10 | $0.04 |
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 | $28.2M |
| Total DebtLower is stronger | — | $373.2M |
| Stockholders' EquityBook value | $127.8M | $403.5M |
| Total Assets | $310.5M | $928.3M |
| Debt / EquityLower = less leverage | — | 0.93× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $146.4M | $28.2M | ||
| Q3 25 | $86.0M | $40.0M | ||
| Q2 25 | $71.2M | $33.4M | ||
| Q1 25 | $84.0M | $74.4M | ||
| Q4 24 | $82.0M | $67.5M | ||
| Q3 24 | $77.0M | $61.5M | ||
| Q2 24 | $62.9M | $31.2M | ||
| Q1 24 | $62.1M | $29.0M |
| Q4 25 | — | $373.2M | ||
| Q3 25 | — | $393.4M | ||
| Q2 25 | — | $373.0M | ||
| Q1 25 | — | $357.2M | ||
| Q4 24 | — | $319.8M | ||
| Q3 24 | — | $319.4M | ||
| Q2 24 | — | $300.6M | ||
| Q1 24 | — | $314.0M |
| Q4 25 | $127.8M | $403.5M | ||
| Q3 25 | $129.2M | $396.8M | ||
| Q2 25 | $118.3M | $388.9M | ||
| Q1 25 | $103.4M | $374.3M | ||
| Q4 24 | $100.9M | $386.9M | ||
| Q3 24 | $96.9M | $394.1M | ||
| Q2 24 | $99.3M | $396.9M | ||
| Q1 24 | $99.9M | $400.1M |
| Q4 25 | $310.5M | $928.3M | ||
| Q3 25 | $350.9M | $936.0M | ||
| Q2 25 | $319.7M | $932.2M | ||
| Q1 25 | $296.6M | $877.4M | ||
| Q4 24 | $298.4M | $869.3M | ||
| Q3 24 | $312.4M | $857.0M | ||
| Q2 24 | $295.8M | $823.2M | ||
| Q1 24 | $289.8M | $832.8M |
| Q4 25 | — | 0.93× | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 0.96× | ||
| Q1 25 | — | 0.95× | ||
| Q4 24 | — | 0.83× | ||
| Q3 24 | — | 0.81× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.78× |
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 | $23.0M |
| Free Cash FlowOCF − Capex | — | $18.1M |
| FCF MarginFCF / Revenue | — | 22.3% |
| Capex IntensityCapex / Revenue | — | 6.0% |
| Cash ConversionOCF / Net Profit | 3.43× | 2.43× |
| TTM Free Cash FlowTrailing 4 quarters | — | $14.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.8M | $23.0M | ||
| Q3 25 | $19.2M | $-8.6M | ||
| Q2 25 | $8.8M | $13.4M | ||
| Q1 25 | $30.9M | $-4.7M | ||
| Q4 24 | $6.7M | $101.0M | ||
| Q3 24 | $18.4M | $27.5M | ||
| Q2 24 | $6.5M | $34.8M | ||
| Q1 24 | $19.8M | $11.0M |
| Q4 25 | — | $18.1M | ||
| Q3 25 | — | $-9.5M | ||
| Q2 25 | — | $11.6M | ||
| Q1 25 | $28.1M | $-6.0M | ||
| Q4 24 | $5.6M | $96.6M | ||
| Q3 24 | $17.4M | $25.2M | ||
| Q2 24 | $6.2M | $33.9M | ||
| Q1 24 | $19.4M | $10.7M |
| Q4 25 | — | 22.3% | ||
| Q3 25 | — | -12.6% | ||
| Q2 25 | — | 15.9% | ||
| Q1 25 | 23.6% | -8.9% | ||
| Q4 24 | 4.6% | 113.6% | ||
| Q3 24 | 12.6% | 34.0% | ||
| Q2 24 | 4.8% | 47.7% | ||
| Q1 24 | 15.7% | 16.2% |
| Q4 25 | — | 6.0% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | 2.4% | 1.9% | ||
| Q4 24 | 0.9% | 5.2% | ||
| Q3 24 | 0.7% | 3.0% | ||
| Q2 24 | 0.2% | 1.3% | ||
| Q1 24 | 0.3% | 0.4% |
| Q4 25 | 3.43× | 2.43× | ||
| Q3 25 | 2.79× | -4.01× | ||
| Q2 25 | 2.83× | 3.96× | ||
| Q1 25 | — | -1.05× | ||
| Q4 24 | — | 19.12× | ||
| Q3 24 | — | 19.54× | ||
| Q2 24 | — | 4.98× | ||
| Q1 24 | — | 2.18× |
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% |
PX
| Management Fees | $78.1M | 96% |
| Advisory Fees | $1.8M | 2% |
