---
schema_version: "secwatch.filing_event.v1"
accession: "0001459200-24-000015"
form_type: "8-K"
ticker: "ALRM"
cik: "0001459200"
company_name: "Alarm.com Holdings, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:26:47.401144+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alarm.com Q1 SaaS rev +11% to $150.3M, net income +64%; raises FY2024 guidance

## Summary
- SaaS & license revenue $150.3M (+11% YoY); total revenue $223.3M (+6.5%).
- GAAP net income $23.6M ($0.44/diluted), up 63.7%; non-GAAP adjusted net income $27.3M ($0.50/diluted), up 24.1%.
- Non-GAAP adjusted EBITDA $37.0M (+21.2%); operating cash flow $49.9M vs ($3.5M) prior year.
- FY2024 SaaS revenue guidance raised to $624.5M-$625.0M; adjusted EBITDA guidance raised to $164M-$166M.
- Q2 SaaS revenue guidance $153.8M-$154.0M; also launched Connected Fleet and AI video analytics.

## SEC filing metadata
- accession: 0001459200-24-000015
- form_type: 8-K
- ticker: ALRM
- cik: 0001459200
- company_name: Alarm.com Holdings, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1459200/000145920024000015/0001459200-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1459200/000145920024000015/alrm-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001459200-24-000015
- JSON: https://secwatch.observer/filing/0001459200-24-000015.json
- Plain text: https://secwatch.observer/filing/0001459200-24-000015.txt

## Key facts
- Earnings Releases
  Alarm.com Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $223.3 million, net income $23.6 million, EPS $0.44 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $223.3 million
  - Net income: $23.6 million
  - EPS: $0.44 per diluted share
  - Result: reported results
  source text: First Quarter 2024 Financial Results as Compared to First Quarter 2023 • SaaS and license revenue increased 11.0% to $150.3 million, compared to $135.4 million. • Total revenue increased 6.5% to $223.3 million, compared to $209.7 million. • GAAP net income attributable to common stockholders increased 63.7% to $23.6 million, or $0.44 per diluted share, compared to $14.4 million, or $0.28 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1459200/000145920024000015/0001459200-24-000015-index.htm
- Earnings Releases
  Alarm.com Holdings, Inc. reported full year 2024 results: revenue total revenue expected in the range of $914.5 million to $931.0 million, net income non-GAAP adjusted net income attributable to common stockholders expected in the range of $118.5 million to $119.5 milli, EPS non-GAAP adjusted net income attributable to common stockholders expected to be $2.14 to $2.16 per diluted share. Guidance raised.
  - Period: full year 2024
  - Revenue: total revenue expected in the range of $914.5 million to $931.0 million
  - Net income: non-GAAP adjusted net income attributable to common stockholders expected in the range of $118.5 million to $119.5 milli
  - EPS: non-GAAP adjusted net income attributable to common stockholders expected to be $2.14 to $2.16 per diluted share
  - Guidance: raised
  - Result: guidance update
  source text: For the full year 2024: • SaaS and license revenue is expected to be in the range of $624.5 million to $625.0 million. • Total revenue is expected to be in the range of $914.5 million to $931.0 million, which includes anticipated hardware and other revenue in the range of $290.0 million to $306.0 million. • Non-GAAP adjusted EBITDA is expected to be in the range of $164.0 million to $166.0 million. • Non-GAAP adjusted net income attributable to common stockholders is expected to be in the range of $118.5 million to $119.5 million, based on an estimated tax rate of 21.0%. • Based on an expected 55.3 million weighted average diluted shares outstanding, non-GAAP adjusted net income attributable to common stockholders is expected to be $2.14 to $2.16 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1459200/000145920024000015/0001459200-24-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.