Alarm.com's third quarter 2026 revenue and earnings beat while raising full-year outlook

Alarm.com reported third quarter 2026 total revenue of $279.4 million and Non-GAAP adjusted EPS of $0.90, both exceeding analyst expectations. The company also raised its full-year 2026 outlook for its core SaaS revenue and Adjusted EBITDA following strong performance in recurring service streams.

Key Highlights

• SaaS and license revenue grew 9.0% year-over-year to $191.2 million, surpassing the consensus estimate of $178.5 million.
• Non-GAAP adjusted EBITDA expanded to $66.2 million, up from $55.5 million in the prior-year period.
• Management increased full-year 2026 SaaS and license revenue guidance to a range of $756.1 million to $756.3 million.
• The company completed the acquisition of CellGate during the quarter, expanding its reach into cellular-powered gate access control and video intercom solutions.