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Side-by-side financial comparison of Arlo Technologies, Inc. (ARLO) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($199.5M vs $141.3M, roughly 1.4× Arlo Technologies, Inc.). Arlo Technologies, Inc. runs the higher net margin — 4.1% vs 3.6%, a 0.5% gap on every dollar of revenue. On growth, Arlo Technologies, Inc. posted the faster year-over-year revenue change (16.2% vs -4.1%). Over the past eight quarters, Arlo Technologies, Inc.'s revenue compounded faster (6.7% CAGR vs -5.7%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
ARLO vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $199.5M |
| Net Profit | $5.8M | $7.1M |
| Gross Margin | 46.4% | — |
| Operating Margin | 3.3% | 7.7% |
| Net Margin | 4.1% | 3.6% |
| Revenue YoY | 16.2% | -4.1% |
| Net Profit YoY | 218.6% | -78.1% |
| EPS (diluted) | $0.06 | $1.05 |
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.
| Q1 26 | — | $199.5M | ||
| Q4 25 | $141.3M | $208.0M | ||
| Q3 25 | $139.5M | $216.4M | ||
| Q2 25 | $129.4M | $210.5M | ||
| Q1 25 | $119.1M | $217.9M | ||
| Q4 24 | $121.6M | $233.5M | ||
| Q3 24 | $137.7M | $227.0M | ||
| Q2 24 | $127.4M | $224.4M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | $5.8M | $33.9M | ||
| Q3 25 | $6.9M | $31.3M | ||
| Q2 25 | $3.1M | $42.7M | ||
| Q1 25 | $-835.0K | $28.1M | ||
| Q4 24 | $-4.9M | $39.5M | ||
| Q3 24 | $-4.4M | $49.1M | ||
| Q2 24 | $-11.6M | $26.0M |
| Q1 26 | — | — | ||
| 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 26 | — | 7.7% | ||
| Q4 25 | 3.3% | 19.1% | ||
| Q3 25 | 0.6% | 21.7% | ||
| Q2 25 | 1.5% | 21.5% | ||
| Q1 25 | -1.2% | 16.8% | ||
| Q4 24 | -5.0% | 21.7% | ||
| Q3 24 | -4.0% | 24.3% | ||
| Q2 24 | -10.0% | 19.7% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 4.1% | 16.3% | ||
| Q3 25 | 4.9% | 14.5% | ||
| Q2 25 | 2.4% | 20.3% | ||
| Q1 25 | -0.7% | 12.9% | ||
| Q4 24 | -4.0% | 16.9% | ||
| Q3 24 | -3.2% | 21.6% | ||
| Q2 24 | -9.1% | 11.6% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.06 | $5.15 | ||
| Q3 25 | $0.06 | $4.65 | ||
| Q2 25 | $0.03 | $6.12 | ||
| Q1 25 | $-0.01 | $4.05 | ||
| Q4 24 | $-0.05 | $4.65 | ||
| Q3 24 | $-0.04 | $5.71 | ||
| Q2 24 | $-0.12 | $2.43 |
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 | $136.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $127.8M | $93.6B |
| Total Assets | $310.5M | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $136.6M | ||
| 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 26 | — | — | ||
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
| Q1 26 | — | $93.6B | ||
| Q4 25 | $127.8M | $934.0M | ||
| Q3 25 | $129.2M | $918.7M | ||
| Q2 25 | $118.3M | $896.4M | ||
| Q1 25 | $103.4M | $893.7M | ||
| Q4 24 | $100.9M | $897.5M | ||
| Q3 24 | $96.9M | $889.0M | ||
| Q2 24 | $99.3M | $868.7M |
| Q1 26 | — | — | ||
| Q4 25 | $310.5M | $4.3B | ||
| Q3 25 | $350.9M | $3.9B | ||
| Q2 25 | $319.7M | $3.7B | ||
| Q1 25 | $296.6M | $3.7B | ||
| Q4 24 | $298.4M | $4.0B | ||
| Q3 24 | $312.4M | $3.6B | ||
| Q2 24 | $295.8M | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $19.8M | $-67.2M | ||
| Q3 25 | $19.2M | $108.3M | ||
| Q2 25 | $8.8M | $75.8M | ||
| Q1 25 | $30.9M | $-3.8M | ||
| Q4 24 | $6.7M | $1.8M | ||
| Q3 24 | $18.4M | $69.1M | ||
| Q2 24 | $6.5M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-74.1M | ||
| Q3 25 | — | $106.9M | ||
| Q2 25 | — | $74.2M | ||
| Q1 25 | $28.1M | $-6.8M | ||
| Q4 24 | $5.6M | $-3.8M | ||
| Q3 24 | $17.4M | $68.7M | ||
| Q2 24 | $6.2M | $68.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | -35.6% | ||
| Q3 25 | — | 49.4% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | 23.6% | -3.1% | ||
| Q4 24 | 4.6% | -1.6% | ||
| Q3 24 | 12.6% | 30.3% | ||
| Q2 24 | 4.8% | 30.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | 2.4% | 1.4% | ||
| Q4 24 | 0.9% | 2.4% | ||
| Q3 24 | 0.7% | 0.2% | ||
| Q2 24 | 0.2% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.43× | -1.99× | ||
| Q3 25 | 2.79× | 3.45× | ||
| Q2 25 | 2.83× | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 2.69× |
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% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
