Alarm.com Q3 2026: Eight Straight Beats and Guidance Raised

Alarm.com posted non-GAAP earnings of $0.90 per share in its third quarter of fiscal 2026, clearing the consensus estimate and meaning the company has now beaten Wall Street's EPS estimate in each of the past eight consecutive quarters.

Revenue reached $279.4 million, missing nothing on the consensus and growing roughly 9% from a year earlier, with SaaS and license revenue leading the recurring-revenue engine ahead of hardware and other revenue.

Profitability improved alongside the top-line growth, with adjusted EBITDA expanding to $66.3 million from $55.5 million in the prior-year period and free cash flow reaching $69.5 million for the quarter. GAAP diluted EPS was $0.66, with non-GAAP figures excluding litigation expense, stock-based compensation, and amortization.

Management responded to the outperformance by lifting full-year 2026 non-GAAP diluted EPS guidance to a range of $3.02 to $3.04, and raised full-year revenue and SaaS and license revenue guidance along with its fourth-quarter subscription outlook.

On the product side, Alarm.com is expanding its video portfolio with a new battery-powered video doorbell supporting additional analytics, two new indoor cameras including a premium 4-megapixel model, and an AI Video Clip Summaries feature that generates plain-language descriptions of recorded video for residential and commercial subscribers. The company also acquired CellGate, a cellular-powered gate access control and video intercom provider, adding an established fence and gate distribution channel to its platform.