Arlo Technologies (FRA:2VI) Operating Income: €13.0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:2VI Arlo Technologies Inc FRA:2VI
61 GF Score
Price €10.77
GF Value €9.36
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Arlo Technologies Operating Income?

Arlo Technologies FRA:2VI -1.28% 61 Operating Income is €13.0 Mil as of Mar. 2026. GuruFocus rates FRA:2VI with a GF Score™ of 61/100 and a GF Value™ of €9.36 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Arlo Technologies's Operating Income for the three months ended in Mar. 2026 was €6.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €13.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Arlo Technologies's Operating Income for the three months ended in Mar. 2026 was €6.5 Mil. Arlo Technologies's Revenue for the three months ended in Mar. 2026 was €130.1 Mil. Therefore, Arlo Technologies's Operating Margin % for the quarter that ended in Mar. 2026 was 5.03%.

Arlo Technologies's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Arlo Technologies's annualized ROC % for the quarter that ended in Mar. 2026 was 22.37%. Arlo Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 134.56%.


Arlo Technologies  (FRA:2VI) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Arlo Technologies's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=26.152 * ( 1 - 2.71% )/( (94.301 + 133.127)/ 2 )
=25.4432808/113.714
=22.37 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=265.208 - 95.628 - ( 142.127 - max(0, 147.176 - 222.455+142.127))
=94.301

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=311.566 - 97.152 - ( 144.886 - max(0, 157.172 - 238.459+144.886))
=133.127

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Arlo Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=26.152/( ( (19.089 + max(-66.848, 0)) + (19.782 + max(-63.599, 0)) )/ 2 )
=26.152/( ( 19.089 + 19.782 )/ 2 )
=26.152/19.4355
=134.56 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.875 + 35.172 + 11.281) - (95.628 + 31.717 + 19.831)
=-66.848

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.131 + 38.024 + 10.418) - (97.152 + 45.142 + 14.878)
=-63.599

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Arlo Technologies's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=6.538/130.08
=5.03 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Arlo Technologies Operating Income Related Terms


Arlo Technologies Operating Income Historical Data

* Premium members only.

The historical data trend for Arlo Technologies's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arlo Technologies Operating Income Chart

Arlo Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.15 -53.69 -22.84 -33.32 5.19

Arlo Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.34 1.68 0.74 4.03 6.54
FRA:2VI
61GF Score
Arlo Technologies Inc FRA:2VI
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arlo Technologies Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €13.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of €13.0 Mil mean?
Arlo Technologies (FRA:2VI) has a Operating Income of €13.0 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Arlo Technologies and its competitors.
Is Arlo Technologies' Operating Income too high?
Arlo Technologies' current Operating Income is €13.0 Mil. Overall, Arlo Technologies has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arlo Technologies' Operating Income compare to NPKI and ROCK?
Arlo Technologies' Operating Income of €13.0 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Construction company?
A good Operating Income depends on the Construction industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Arlo Technologies and its competitors. Arlo Technologies's current Operating Income is €13.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arlo Technologies stock overvalued right now?
Based on GuruFocus' analysis, Arlo Technologies (FRA:2VI) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.36, compared to a current price of €10.77 — trading 15.1% above its estimated fair value. The current Operating Income is €13.0 Mil. Arlo Technologies' overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Arlo Technologies (FRA:2VI), the current Operating Income is €13.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Arlo Technologies (FRA:2VI) Overvalued in 2026?

Based on GuruFocus' analysis, Arlo Technologies stock appears to be overvalued. The current stock price of €10.77 is trading 15.1% above its estimated GF Value™ of €9.36. GuruFocus considers Arlo Technologies to be Modestly Overvalued.

Key valuation signals for FRA:2VI:

  • Operating Income: €13.0 Mil
  • GF Value™: €9.36 vs. price of €10.77 (15.1% above fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the FRA:2VI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arlo Technologies Business Description

Other Exchanges ARLO:USA
Address 5770 Fleet Street, Carlsbad, CA, USA, 92008
Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. Its cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter, from any location with a Wi-Fi or cellular connection. The company offers subscription services such as Arlo Secure, Arlo Total Security, and Arlo Safe, and several categories of smart security devices, including smart Wi-Fi and LTE-enabled cameras, video doorbells, floodlight cameras, and home security systems. Geographically, the company generates a majority of its revenue from the United States, followed by Spain, Sweden, and other countries.
61GF Score

Get the complete analysis for FRA:2VI

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.77
Price
€9.36
GF Value