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Alarm.com Holdings, Inc.（ALRM）与PATHWARD FINANCIAL, INC.（CASH）财务数据对比。点击上方公司名可切换其他公司
PATHWARD FINANCIAL, INC.的季度营收约是Alarm.com Holdings, Inc.的1.1倍（$276.3M vs $261.7M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 13.2%，领先13.2%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 8.3%）
Alarm.com Holdings, Inc.是一家美国科技企业，成立于2000年，由微策略公司分拆而来，总部位于弗吉尼亚州泰森斯。公司主营云服务，为用户提供远程控制、智能家居及报警监测相关解决方案，是家庭智能安防领域的重要服务商。
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
ALRM vs CASH — 直观对比
营收规模更大
CASH
是对方的1.1倍
$261.7M
净利率更高
CASH
高出13.2%
13.2%
两年增速更快
CASH
近两年复合增速
8.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $276.3M |
| 净利润 | $34.6M | $72.9M |
| 毛利率 | 66.0% | — |
| 营业利润率 | 13.4% | — |
| 净利率 | 13.2% | 26.4% |
| 营收同比 | 8.0% | — |
| 净利润同比 | 14.8% | — |
| 每股收益（稀释后） | $0.66 | $3.35 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ALRMCASH
| Q1 26 | — | $276.3M | ||
| Q4 25 | $261.7M | $173.1M | ||
| Q3 25 | $256.4M | $186.7M | ||
| Q2 25 | $254.3M | $195.8M | ||
| Q1 25 | $238.8M | $274.8M | ||
| Q4 24 | $242.2M | $182.6M | ||
| Q3 24 | $240.5M | $179.5M | ||
| Q2 24 | $233.8M | $188.6M |
净利润ALRMCASH
| Q1 26 | — | $72.9M | ||
| Q4 25 | $34.6M | $35.2M | ||
| Q3 25 | $35.1M | $38.8M | ||
| Q2 25 | $34.2M | $42.1M | ||
| Q1 25 | $27.7M | $75.0M | ||
| Q4 24 | $30.1M | $30.0M | ||
| Q3 24 | $36.7M | $33.5M | ||
| Q2 24 | $33.5M | $44.9M |
毛利率ALRMCASH
| Q1 26 | — | — | ||
| Q4 25 | 66.0% | — | ||
| Q3 25 | 65.8% | — | ||
| Q2 25 | 65.6% | — | ||
| Q1 25 | 67.2% | — | ||
| Q4 24 | 65.5% | — | ||
| Q3 24 | 64.8% | — | ||
| Q2 24 | 65.2% | — |
营业利润率ALRMCASH
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | 24.6% | ||
| Q3 25 | 14.4% | 25.9% | ||
| Q2 25 | 12.6% | 24.1% | ||
| Q1 25 | 12.4% | 33.2% | ||
| Q4 24 | 12.7% | 19.8% | ||
| Q3 24 | 13.8% | 20.9% | ||
| Q2 24 | 11.0% | 27.1% |
净利率ALRMCASH
| Q1 26 | — | 26.4% | ||
| Q4 25 | 13.2% | 20.3% | ||
| Q3 25 | 13.7% | 20.8% | ||
| Q2 25 | 13.5% | 21.5% | ||
| Q1 25 | 11.6% | 27.3% | ||
| Q4 24 | 12.4% | 16.4% | ||
| Q3 24 | 15.3% | 18.7% | ||
| Q2 24 | 14.3% | 23.8% |
每股收益（稀释后）ALRMCASH
| Q1 26 | — | $3.35 | ||
| Q4 25 | $0.66 | $1.57 | ||
| Q3 25 | $0.65 | $1.69 | ||
| Q2 25 | $0.63 | $1.81 | ||
| Q1 25 | $0.52 | $3.14 | ||
| Q4 24 | $0.56 | $1.23 | ||
| Q3 24 | $0.67 | $1.34 | ||
| Q2 24 | $0.62 | $1.78 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $960.6M | $157.6M |
| 总债务越低越好 | — | $59.5M |
| 股东权益账面价值 | $848.2M | $850.7M |
| 总资产 | $2.1B | $7.1B |
| 负债/权益比越低杠杆越低 | — | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资ALRMCASH
| Q1 26 | — | $157.6M | ||
| Q4 25 | $960.6M | $331.2M | ||
| Q3 25 | $1.1B | $120.6M | ||
| Q2 25 | $1.0B | $258.3M | ||
| Q1 25 | $1.2B | $254.2M | ||
| Q4 24 | $1.2B | $597.4M | ||
| Q3 24 | $1.2B | $158.3M | ||
| Q2 24 | $1.1B | $298.9M |
总债务ALRMCASH
| Q1 26 | — | $59.5M | ||
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $33.5M | ||
| Q2 25 | — | $33.4M | ||
| Q1 25 | — | $33.4M | ||
| Q4 24 | — | $33.4M | ||
| Q3 24 | — | $33.4M | ||
| Q2 24 | — | $33.3M |
股东权益ALRMCASH
| Q1 26 | — | $850.7M | ||
| Q4 25 | $848.2M | $854.5M | ||
| Q3 25 | $827.2M | $858.0M | ||
| Q2 25 | $797.3M | $819.0M | ||
| Q1 25 | $759.6M | $814.7M | ||
| Q4 24 | $726.5M | $758.3M | ||
| Q3 24 | $690.3M | $822.5M | ||
| Q2 24 | $645.5M | $748.4M |
总资产ALRMCASH
| Q1 26 | — | $7.1B | ||
| Q4 25 | $2.1B | $7.6B | ||
| Q3 25 | $2.1B | $7.2B | ||
| Q2 25 | $2.1B | $7.2B | ||
| Q1 25 | $2.1B | $7.0B | ||
| Q4 24 | $2.0B | $7.6B | ||
| Q3 24 | $2.0B | $7.5B | ||
| Q2 24 | $1.9B | $7.5B |
负债/权益比ALRMCASH
| Q1 26 | — | 0.07× | ||
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $35.9M | — |
| 自由现金流经营现金流 - 资本支出 | $35.1M | — |
| 自由现金流率自由现金流/营收 | 13.4% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 现金转化率经营现金流/净利润 | 1.04× | — |
| 过去12个月自由现金流最近4个季度 | $137.0M | — |
8季度趋势，按日历期对齐
经营现金流ALRMCASH
| Q1 26 | — | — | ||
| Q4 25 | $35.9M | $108.3M | ||
| Q3 25 | $70.6M | $303.7M | ||
| Q2 25 | $22.7M | $30.4M | ||
| Q1 25 | $24.1M | $188.3M | ||
| Q4 24 | $56.3M | $-71.7M | ||
| Q3 24 | $77.3M | $143.1M | ||
| Q2 24 | $23.0M | $113.2M |
自由现金流ALRMCASH
| Q1 26 | — | — | ||
| Q4 25 | $35.1M | $104.1M | ||
| Q3 25 | $65.9M | $300.3M | ||
| Q2 25 | $18.2M | $27.7M | ||
| Q1 25 | $17.9M | $184.7M | ||
| Q4 24 | $54.0M | $-73.8M | ||
| Q3 24 | $74.5M | $138.8M | ||
| Q2 24 | $21.0M | $111.0M |
自由现金流率ALRMCASH
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | 60.1% | ||
| Q3 25 | 25.7% | 160.9% | ||
| Q2 25 | 7.1% | 14.1% | ||
| Q1 25 | 7.5% | 67.2% | ||
| Q4 24 | 22.3% | -40.4% | ||
| Q3 24 | 31.0% | 77.3% | ||
| Q2 24 | 9.0% | 58.8% |
资本支出强度ALRMCASH
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 2.4% | ||
| Q3 25 | 1.9% | 1.8% | ||
| Q2 25 | 1.8% | 1.4% | ||
| Q1 25 | 2.6% | 1.3% | ||
| Q4 24 | 0.9% | 1.1% | ||
| Q3 24 | 1.2% | 2.4% | ||
| Q2 24 | 0.9% | 1.2% |
现金转化率ALRMCASH
| Q1 26 | — | — | ||
| Q4 25 | 1.04× | 3.08× | ||
| Q3 25 | 2.01× | 7.83× | ||
| Q2 25 | 0.66× | 0.72× | ||
| Q1 25 | 0.87× | 2.51× | ||
| Q4 24 | 1.87× | -2.39× | ||
| Q3 24 | 2.11× | 4.27× | ||
| Q2 24 | 0.69× | 2.52× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ALRM
| License And Service | $180.2M | 69% |
| Hardwareand Other Revenue | $81.4M | 31% |
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
