Sunday 1 November 2026 Export ADT’s income statement to Excel — free account

ADT Inc.

ADT Industrials Security & Protection Services

ADT Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.1 billion, up 4.70% from fiscal 2024.

Revenue: +1.96%
EPS: 0.00%
Free cash flow: +28.1%
Total debt: −1.64%

Quarter to June 2026, against a year earlier

9.86 0.01 −0.10%

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Market cap: $7.2B
P/E: 12.8×
Fwd P/E: 12.5×
Dividend yield: 2.23%
F-score: 8/9
Altman Z: 0.67
Beneish M: −2.85
Dividend safety: 68/100

Overview Business Profile Earnings & Analysis Segments Filings

ADT Inc. (ADT) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Reportable Segment	5,129	100.00%
Gross margin		80.83%
Operating margin		25.52%
Pre-tax margin		16.26%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2017	FY2016
Recurring monthly revenue	4,216 82.21%	4,177 85.28%	4,070 87.47%	3,943 89.97%	—	—	—	—
Installation and other revenue	416 8.11%	259 5.28%	172 3.70%	94 2.14%	—	—	—	—
Amortization of deferred subscriber acquisition revenue	358 6.99%	346 7.07%	302 6.48%	235 5.37%	—	—	—	—
Other related services	138 2.69%	116 2.37%	109 2.34%	110 2.52%	—	—	—	—
Solar Installation, Product, And Other	—	—	—	—	47 1.13%	0 0.00%	—	—
Monitoring and related services	4,354	4,293	4,179	4,053	—	—	—	—
Security installation, product, and other	775	605	474	329	—	—	—	—
Revenue	5,129	4,898	4,653	4,382	4,203	5,315	4,316	2,950

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2017	FY2016
Solar Equipment	‡	‡	‡	‡	‡	‡	‡	‡
Product	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Reportable Segment	5,129 100.00%	4,898 100.00%	4,653 100.00%	4,382 100.00%	—	—	—
Consume and Small Business	—	—	—	—	4,155 98.87%	4,325 81.38%	4,080 79.61%
Solar	—	—	—	—	47 1.13%	0 0.00%	0 0.00%
Commercial	—	—	—	—	—	990 18.62%	1,045 20.39%
Revenue	5,129	4,898	4,653	4,382	4,203	5,315	5,126

Revenue by region $m

Line	FY2020	FY2019	FY2018	FY2017	FY2016
United States	5,315 100.00%	4,936 96.30%	4,353 95.00%	4,076 94.46%	2,791 94.63%
California	0 0.00%	190 3.70%	229 5.00%	239 5.54%	159 5.37%
Revenue	5,315	5,126	4,582	4,316	2,950

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
End of period RMR	Q2 FY2026	$360.0M	$363.0M	−0.83%
Remaining performance obligations	Q2 FY2026	$3.7B	$3.7B	+0.61%
Trailing twelve-month gross customer revenue attrition	Q2 FY2026	13.1%	12.8%	—
Trailing twelve-month revenue payback	Q2 FY2026	2.30	2.30	0.00%

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023
End of period RMR	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Trailing twelve-month gross customer revenue attrition	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Trailing twelve-month revenue payback	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.