Alarm.com Holdings, Inc. vs Shopify Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q1 2026
Summary Verdict
ALRM: 2—SHOP: 3wins
Rule of 40
18.7ALRM
40.5SHOP
check_circleSHOP leads
Revenue Growth
8.0%ALRM
24.5%SHOP
check_circleSHOP leads
Gross Margin
66%ALRM
49%SHOP
check_circleALRM leads
FCF Margin
10.7%ALRM
16.0%SHOP
check_circleSHOP leads
Operating Margin
12.8%ALRM
11.0%SHOP
check_circleALRM leads
NRR
—ALRM
—SHOP
Metric
Rule of 40Efficiency score
ALRM
18.7
SHOP
40.5check_circle
Revenue GrowthYoY
ALRM
8.0%
SHOP
24.5%check_circle
Gross Margin% of revenue
ALRM
66%check_circle
SHOP
49%
FCF MarginFree cash flow
ALRM
10.7%
SHOP
16.0%check_circle
Operating MarginGAAP
ALRM
12.8%check_circle
SHOP
11.0%
NRRNet retention
ALRM
N/A
SHOP
N/A
EV / RevenueValuation multiple
ALRM
N/A
SHOP
14.4x
Market CapUSD
ALRM
N/A
SHOP
$160.3B
ARR GrowthYoY
ALRM
N/A
SHOP
N/A
CAC PaybackMonths to recover
ALRM
N/A
SHOP
N/A
insights
Analysis
As of Q1 2026, Alarm.com Holdings, Inc. trades at N/A EV/Revenue versus Shopify Inc. at 14.4x. On the Rule of 40, Alarm.com Holdings, Inc. scores 18.7 compared to Shopify Inc.'s 40.5, placing Shopify Inc. ahead in operating efficiency. Gross margins stand at Alarm.com Holdings, Inc. 66% vs Shopify Inc. 49%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.