Alarm.com Holdings, Inc. vs Shopify Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q2 2026
Summary Verdict
ALRM: 2—SHOP: 3wins
Rule of 40
22.4ALRM
55.0SHOP
check_circleSHOP leads
Revenue Growth
12.1%ALRM
38.3%SHOP
check_circleSHOP leads
Gross Margin
66%ALRM
48%SHOP
check_circleALRM leads
FCF Margin
10.3%ALRM
16.8%SHOP
check_circleSHOP leads
Operating Margin
12.6%ALRM
12.3%SHOP
check_circleALRM leads
NRR
—ALRM
—SHOP
Metric
Rule of 40Efficiency score
ALRM
22.4
SHOP
55.0check_circle
Revenue GrowthYoY
ALRM
12.1%
SHOP
38.3%check_circle
Gross Margin% of revenue
ALRM
66%check_circle
SHOP
48%
FCF MarginFree cash flow
ALRM
10.3%
SHOP
16.8%check_circle
Operating MarginGAAP
ALRM
12.6%check_circle
SHOP
12.3%
NRRNet retention
ALRM
N/A
SHOP
N/A
EV / RevenueValuation multiple
ALRM
N/A
SHOP
13.5x
Market CapUSD
ALRM
N/A
SHOP
$166.7B
ARR GrowthYoY
ALRM
N/A
SHOP
N/A
CAC PaybackMonths to recover
ALRM
N/A
SHOP
N/A
insights
Analysis
As of Q2 2026, Alarm.com Holdings, Inc. trades at N/A EV/Revenue versus Shopify Inc. at 13.5x. On the Rule of 40, Alarm.com Holdings, Inc. scores 22.4 compared to Shopify Inc.'s 55.0, placing Shopify Inc. ahead in operating efficiency. Gross margins stand at Alarm.com Holdings, Inc. 66% vs Shopify Inc. 48%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.