NASDAQ$ALRM
Alarm.com Holdings Inc. · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Alarm.com reported solid results in the second quarter of 2021, with significant revenue growth and strategic advancements.
Alarm.com's second quarter 2021 results showed strong year-over-year growth in total revenue and SaaS and license revenue. The company launched new services and received industry awards, while also increasing its financial outlook for the full year.
- Total revenue increased by 33.3% year-over-year, reaching $188.9 million.
- SaaS and license revenue grew by 18.3% year-over-year, amounting to $113.2 million.
- GAAP net income attributable to common stockholders decreased to $14.7 million, or $0.28 per diluted share.
- Non-GAAP adjusted EBITDA increased to $38.0 million.
Headline financials
Revenue & EPS history
Alarm.com · Revenue · Quarterly
$189M
Revenue by segment
Alarm.com · $189M total across 2 segments · Q2 2021
- SaaS and license revenue$113M+18.3%59.9%
- Hardware and other revenue$75.7M+64.7%40.1%
Forward guidance
Alarm.com is providing its outlook for SaaS and license revenue for the third quarter of 2021 and increasing its guidance for the full year of 2021 based upon current management expectations.
Tailwinds
- SaaS and license revenue is expected to be in the range of $114.9 million to $115.1 million for Q3 2021.
- SaaS and license revenue is expected to be in the range of $452.3 million to $452.8 million for the full year of 2021.
- Total revenue is expected to be in the range of $707.3 million to $717.8 million for the full year of 2021.
- Hardware and other revenue in the range of $255.0 million to $265.0 million is expected for the full year of 2021.
- Non-GAAP adjusted EBITDA is expected to be in the range of $133.0 million to $134.5 million for the full year of 2021.
Headwinds
- Non-GAAP adjusted net income attributable to common stockholders is expected to be in the range of $93.0 million to $93.7 million for the full year of 2021.
- The guidance provided is forward-looking in nature and actual results may differ materially.
- Guidance is based on expectations as of the date of the press release, and Alarm.com undertakes no obligation to update guidance after such date.
- Reconciliation of adjusted EBITDA and adjusted net income attributable to common stockholders guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward-looking basis due to the high variability.
- Non-ordinary course litigation expense, acquisition-related expense and tax windfall adjustments can have unpredictable fluctuations based on unforeseen activity that is out of Alarm.com's control and/or cannot reasonably be predicted.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.6%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+0.4%
Avg return
30 days after
52%
25 / 48 earnings
Positive
+22.7%
Q2 2023
Best reaction
-14.0%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | -9.9% | -3.4% | |
| Q4 2025 | +0.8% | +4.2% | -1.8% | |
| Q3 2025 | +5.8% | +6.4% | +10.5% | |
| Q1 2025 | +1.5% | +8.4% | +5.4% | |
| Q4 2024 | -1.7% | -4.5% | -6.6% | |
| Q3 2024 | +9.5% | +4.3% | +17.9% | |
| Q2 2024 | -5.0% | -6.1% | -14.9% | |
| Q1 2024 | -1.0% | -0.5% | -9.2% | |
| Q4 2023 | +4.3% | +9.3% | +5.9% | |
| Q3 2023 | +8.8% | +11.7% | +9.5% | |
| Q2 2023 | +22.7% | +16.5% | +17.8% | |
| Q1 2023 | +4.8% | +4.3% | +6.2% | |
| Q4 2022 | -2.0% | -2.1% | -4.8% | |
| Q3 2022 | -14.0% | +2.2% | -11.0% | |
| Q2 2022 | +3.6% | +4.9% | -3.4% | |
| Q1 2022 | -10.9% | -9.7% | +1.8% | |
| Q4 2021 | -1.1% | +0.5% | -1.1% | |
| Q3 2021 | +2.7% | +0.8% | -9.7% | |
| Q2 2021 | +7.4% | +3.5% | +1.3% | |
| Q1 2021 | -5.8% | -4.6% | -12.5% | |
| Q4 2020 | -5.4% | -1.9% | -6.2% | |
| Q3 2020 | +12.9% | +8.6% | +23.1% | |
| Q2 2020 | -0.2% | -2.7% | -2.7% | |
| Q1 2020 | +12.2% | +11.3% | +31.9% | |
| Q4 2019 | +3.9% | +4.4% | -8.2% | |
| Q3 2019 | -9.4% | -11.2% | -16.6% | |
| Q2 2019 | +5.3% | -2.1% | +1.2% | |
| Q1 2019 | -8.1% | -15.4% | -22.2% | |
| Q4 2018 | -8.8% | -9.0% | -0.2% | |
| Q3 2018 | +8.5% | +3.2% | +10.7% | |
| Q2 2018 | +8.4% | +13.0% | +23.9% | |
| Q1 2018 | -3.2% | -6.2% | +6.7% | |
| Q4 2017 | -6.3% | -3.1% | -2.2% | |
| Q3 2017 | -12.8% | -11.5% | -18.7% | |
| Q2 2017 | +5.7% | +4.0% | +13.8% | |
| Q1 2017 | -3.2% | -4.4% | +6.1% | |
| Q4 2016 | +3.8% | +8.9% | +2.5% | |
| Q3 2016 | -9.2% | -4.3% | -9.3% | |
| Q2 2016 | -2.8% | -9.1% | -17.1% | |
| Q1 2016 | -1.7% | — | — | |
| Q1 2015 | -1.7% | — | — | |
| Q4 2013 | +3.0% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2014 | -2.7% | — | — | |
| Q3 2015 | -2.7% | — | — | |
| Q2 2015 | +2.4% | — | — | |
| Q4 2014 | +2.4% | — | — | |
| Q2 2014 | +2.4% | — | — | |
| Q1 2014 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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