Alarm.com (NASDAQ:ALRM) reported second-quarter results that exceeded its expectations, supported by growth in its SaaS and license business, commercial video operations and EnergyHub utility programs. Commercial Video and Fire ExpansionChief Executive Officer Stephen Trundle said the company saw performance above plan in most parts of the business. Alarm.com said its OpenEye commercial business generated strong SaaS and hardware revenue as enterprise customers expanded video-surveillance deployments. Alarm.com ended the quarter with $479.4 million in cash and generated $37 million in free cash flow. Raised 2026 OutlookFor the third quarter, Alarm.com forecast SaaS and license revenue of $189.8 million to $190 million, representing growth of about 8.3% at the midpoint.