Alarm.com Holdings (ALRM) Operating Expenses (2014 - 2026)
Alarm.com Holdings' Operating Expenses was $149.6 million in Q2 2026, up 11.0% from $134.82 million a year earlier and up 4.6% from the prior quarter.
Alarm.com Holdings (ALRM) Operating Expenses (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alarm.com Holdings' Operating Expenses was $562.13 million through Jun 30, 2026, up 8.9% year-over-year; for FY2025, it came in at $535.25 million, up 6.0% from FY2024.
- Operating Expenses has now increased for 12 consecutive years, with a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $505.13 million in FY2024 (+3.2%), $489.69 million in FY2023 (+9.1%), $448.94 million in FY2022 (+17.7%) and $381.5 million in FY2021 (+14.1%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses in data going back to Q2 2014.
- Compared with a year earlier, Operating Expenses has increased for seven straight quarters, with growth averaging 6.2% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q3 2022 (growth of 23.0%); the worst was Q3 2024 (a decline of 1.4%).
- Per Business Quant data, ALRM's Operating Expenses in the three quarters before Q2 2026 was $143.04 million (Q1 2026), $137.67 million (Q4 2025) and $131.82 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 2.13 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 1.13 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 953.90 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 1.30 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 875.89 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 499.67 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 534.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 4.17 Bn |
| 10 | Alarm.com Holdings | 2.64 Bn | -321.64 Mn | 182.08 Mn | 149.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 149.60 Mn |
| Mar 31, 2026 | 143.04 Mn |
| Dec 31, 2025 | 137.67 Mn |
| Sep 30, 2025 | 131.82 Mn |
| Jun 30, 2025 | 134.82 Mn |
| Mar 31, 2025 | 130.94 Mn |
| Dec 31, 2024 | 127.78 Mn |
| Sep 30, 2024 | 122.56 Mn |
| Jun 30, 2024 | 126.75 Mn |
| Mar 31, 2024 | 128.04 Mn |
| Dec 31, 2023 | 119.34 Mn |
| Sep 30, 2023 | 124.28 Mn |
| Jun 30, 2023 | 121.35 Mn |
| Mar 31, 2023 | 124.73 Mn |
| Dec 31, 2022 | 114.10 Mn |
| Sep 30, 2022 | 114.24 Mn |
| Jun 30, 2022 | 114.17 Mn |
| Mar 31, 2022 | 106.44 Mn |
| Dec 31, 2021 | 102.14 Mn |
| Sep 30, 2021 | 92.86 Mn |
Alarm.com Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ALRM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ALRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ALRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();