ARLO
Arlo Technologies, Inc.
ARLO has the edge over RKLB overall, supported by lower modeled downside and stronger fundamentals.
RKLB
Rocket Lab USA, Inc.
RKLB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
ARLO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
ARLO's revenue, profitability, cash flow and balance sheet are all currently healthy.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
ARLO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $11.83 | — |
| Cheap | 46x | $10.61 | -10% |
| Current | 51x | $11.83 | — |
| Fair | 54x | $12.51 | +5.8% |
| Expensive | 444x | $102 | +763% |
Historical ranges are pointers, not guarantees.
ARLO's PE is in its fair range at 51x. If earnings grow as analysts expect, today's price would be 12x next year's earnings, in its cheap range.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
ARLO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for ARLO, with profitability improving.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
ARLO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.01 | +338% |
| Q3 2026 | $0.23 | +667% |
| Q2 2026 | $0.28 | +$0.35 |
| Q1 2026 | $0.28 | +$0.50 |
| Q4 2025 | $0.14 | +$0.45 |
| Q3 2025 | $0.03 | +$0.28 |
| Q2 2025 | -$0.07 | +$0.15 |
| Q1 2025 | -$0.22 | -$0.04 |
| Q4 2024 | -$0.31 | -$0.07 |
ARLO has the edge over RKLB on earnings quality, reporting a profit while its opponent remains loss making.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
ARLO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $149.2M | +6.9% |
| Q2 2026 | $155.9M | +21% |
| Q1 2026 | $150.4M | +26% |
| Q4 2025 | $141.3M | +16% |
| Q3 2025 | $139.5M | +1.4% |
| Q2 2025 | $129.4M | +1.5% |
| Q1 2025 | $119.1M | -4.1% |
| Q4 2024 | $121.6M | -10% |
ARLO's revenue has grown year over year for six quarters in a row: $149M last quarter, up 6.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.7% | +0.1 points |
| Q2 2026 | 1.6% | +0.1 points |
| Q1 2026 | 5% | +6.3 points |
| Q4 2025 | 3.3% | +8.3 points |
| Q3 2025 | 0.6% | +4.6 points |
| Q2 2025 | 1.5% | +12 points |
| Q1 2025 | -1.2% | +7.3 points |
| Q4 2024 | -5% | -4.6 points |
ARLO has the edge over RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over ARLO on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
ARLO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.2M | +5.4% |
| Q2 2026 | $11.4M | +29% |
| Q1 2026 | $27.9M | -0.9% |
| Q4 2025 | $19.8M | +253% |
| Q3 2025 | $19.2M | +10% |
| Q2 2025 | $8.8M | +43% |
| Q1 2025 | $28.1M | +45% |
| Q4 2024 | $5.6M | -26% |
ARLO has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
ARLO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -215K shares |
| 1 year | +0.9% | +966K shares |
| 3 years | +17% | +16.4M shares |
| 5 years | +32% | +26.8M shares |
| Available history | +47% | +35.5M shares |
ARLO has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $14.1M |
| Q2 2026 | $22.9M |
| Q1 2026 | $7.3M |
| Q4 2025 | $18.8M |
| Q3 2025 | $10.7M |
| Q2 2025 | $910,000 |
| Q1 2025 | $15.2M |
ARLO spent $63M buying back its own shares over the past year.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
ARLO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -3.2x | Net Cash |
| Q2 2026 | -4.5x | Net Cash |
| Q1 2026 | -7.7x | Net Cash |
| Q4 2025 | -14.6x | Net Cash |
ARLO has more cash than debt.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ARLO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 25.6 | Neutral |
ARLO's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
ARLO PE vs Industrials Sector
| Metric | ARLO | Sector median | Relative |
|---|---|---|---|
| PE | 51x | 24x | 114% above |
| PE % | 42 | 58 | 16 pts below |
ARLO is trading at 51x earnings, a 114% premium to the Industrials sector's median of 24x.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
ARLO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.7 | 7.1% below |
| 20 week MA | $13.2 | 11% below |
| 50 week MA | $13.4 | 12% below |
| 100 week MA | $13.8 | 14% below |
| 200 week MA | $11.9 | 0.8% below |
ARLO is in a downtrend: it's below all five of its weekly moving averages, and 0.8% below its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over ARLO on trend strength, trading above more of its moving averages.
ARLO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $4.25 | $8.03 | +89% |
| 2021 | $8.03 | $10.2 | +27% |
| 2022 | $10.2 | $3.45 | -66% |
| 2023 | $3.45 | $9.52 | +176% |
| 2024 | $9.52 | $11.5 | +20% |
| 2025 | $11.5 | $14.2 | +23% |
| 2026 YTD | $14.2 | $11.8 | -16% |
ARLO's yearly returns have swung widely, from +176% in 2023 to −66% in 2022. It's down 16% so far in 2026.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB has the edge over ARLO on returns for 2026, with the stronger performance.