v3.24.3
Segment Information (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Reportable Segment Operational Data The reportable segment operational data is presented in the tables below (in thousands):
Three Months Ended September 30, 2024
Alarm.comOtherIntersegment Alarm.comIntersegment OtherTotal
SaaS and license revenue$141,319 $17,957 $— $— $159,276 
Hardware and other revenue
80,597 1,610 (817)(169)81,221 
Total revenue
221,916 19,567 (817)(169)240,497 
Operating income / (loss)
34,546 (1,277)(107)32 33,194 
Three Months Ended September 30, 2023
Alarm.comOtherIntersegment Alarm.comIntersegment OtherTotal
SaaS and license revenue$130,711 $14,316 $— $— $145,027 
Hardware and other revenue
76,336 1,685 (1,021)(173)76,827 
Total revenue
207,047 16,001 (1,021)(173)221,854 
Operating income / (loss)
18,929 (3,270)406 106 16,171 
Nine Months Ended September 30, 2024
Alarm.comOtherIntersegment Alarm.comIntersegment OtherTotal
SaaS and license revenue$420,032 $45,515 $— $— $465,547 
Hardware and other revenue
230,424 4,472 (2,362)(494)232,040 
Total revenue
650,456 49,987 (2,362)(494)697,587 
Operating income / (loss)
88,807 (10,870)(329)85 77,693 
Nine Months Ended September 30, 2023
Alarm.comOtherIntersegment Alarm.comIntersegment OtherTotal
SaaS and license revenue$384,116 $36,737 $— $— $420,853 
Hardware and other revenue
232,464 5,263 (2,678)(457)234,592 
Total revenue
616,580 42,000 (2,678)(457)655,445 
Operating income / (loss)
52,761 (12,340)453 275 41,149 
Alarm.comOtherIntersegment Alarm.comIntersegment OtherTotal
Assets as of September 30, 2024$2,018,782 $53,902 $(101,676)$(10)$1,970,998 
Assets as of December 31, 20231,477,674 73,621 (111,725)(7)1,439,563