ADT (ADT Inc.) Stock Financials & Earnings | Market Cap Arena

ADT (ADT Inc.) Stock Financials & Earnings | Market Cap Arena

ADTADT Inc.

Mkt Cap$5B

Industrials·Security & Protection Services·🇺🇸 United States·NYSE

Revenue (TTM)$5.1B

Net Income (TTM)$596M

EPS (TTM)$0.67

Free Cash Flow (TTM)$1.6B

Gross Margin80.8%

Op. Margin25.5%

Net Margin11.6%

FCF Margin31.6%

P/S Ratio (TTM)1.0x

P/E Ratio (TTM)8.6x

YoY Rev Growth+4.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$1.3B	$581M	$232M
Q2 23	$1.2B	$614M	$340M
Q3 23	$1.2B	$615M	$316M
Q4 23	$1.2B	$611M	$314M
Q1 24	$1.2B	$608M	$292M
Q2 24	$1.2B	$620M	$286M
Q3 24	$1.2B	$630M	$328M
Q4 24	$1.3B	$625M	$313M
Q1 25	$1.3B	$627M	$319M
Q2 25	$1.3B	$636M	$342M
Q3 25	$1.3B	$635M	$315M
Q4 25	$1.3B	$2.2B	$333M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.9x	—
Q2 23	1.0x	—
Q3 23	1.0x	134.5x
Q4 23	1.1x	—
Q1 24	1.1x	117.8x
Q2 24	1.1x	117.3x
Q3 24	1.1x	19.9x
Q4 24	1.0x	10.2x
Q1 25	1.0x	9.3x
Q2 25	1.0x	8.2x
Q3 25	1.0x	8.0x
Q4 25	1.0x	8.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$307M	$89M
Q2 23	$493M	$302M
Q3 23	$446M	$244M
Q4 23	$412M	$217M
Q1 24	$364M	$183M
Q2 24	$563M	$373M
Q3 24	$498M	$333M
Q4 24	$460M	$309M
Q1 25	$467M	$421M
Q2 25	$564M	$526M
Q3 25	$480M	$437M
Q4 25	$374M	$235M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$218M
Q2 23	$191M
Q3 23	$202M
Q4 23	$195M
Q1 24	$181M
Q2 24	$190M
Q3 24	$165M
Q4 24	$150M
Q1 25	$45M
Q2 25	$38M
Q3 25	$43M
Q4 25	$139M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-17.3%	-28.8%
Q2 23	-27.0%	-40.6%
Q3 23	-8.5%	-20.2%
Q4 23	-10.9%	-22.3%
Q1 24	-6.9%	-14.2%
Q2 24	+3.1%	+11.0%
Q3 24	+5.4%	+6.1%
Q4 24	+7.4%	+10.2%
Q1 25	+6.5%	+5.7%
Q2 25	+6.8%	+2.9%
Q3 25	+4.4%	+7.3%
Q4 25	+1.3%	-0.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$16M	1.3%
Q2 23	$12M	1.0%
Q3 23	$16M	1.3%
Q4 23	$8M	0.7%
Q1 24	$8M	0.7%
Q2 24	$21M	1.8%
Q3 24	$10M	0.8%
Q4 24	$9M	0.7%
Q1 25	$21M	1.6%
Q2 25	$12M	0.9%
Q3 25	$11M	0.8%
Q4 25	$12M	0.9%

OpEx Breakdown

Quarter	SG&A
Q1 23	$349M
Q2 23	$273M
Q3 23	$298M
Q4 23	$297M
Q1 24	$316M
Q2 24	$334M
Q3 24	$302M
Q4 24	$312M
Q1 25	$308M
Q2 25	$294M
Q3 25	$320M
Q4 25	$360M

Revenue Segments

Quarter	Monitoring And Related Services	Security Installation, Product And Other	Solar Installation, Product, And Other
Q3 23	$1.1B	$126M	$58M
Q1 24	$1.1B	$127M	$42M
Q2 24	$1.1B	$136M	—
Q3 24	$1.1B	$166M	—
Q1 25	$1.1B	$184M	—
Q2 25	$1.1B	$197M	—
Q3 25	$1.1B	$200M	—
Q4 25	$1.1B	$193M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$186M	$0	$186M
Q2 23	$146M	$0	$146M
Q3 23	$239M	$0	$239M
Q4 23	$15M	$0	$15M
Q1 24	$4M	$0	$4M
Q2 24	$38M	$0	$38M
Q3 24	$95M	$0	$95M
Q4 24	$96M	$0	$96M
Q1 25	$4M	$0	$4M
Q2 25	$152M	$0	$152M
Q3 25	$63M	$0	$63M
Q4 25	$81M	$0	$81M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	909M	-7.0%
Q2 23	972M	+6.9%
Q3 23	912M	-6.1%
Q4 23	974M	+6.8%
Q1 24	973M	-0.1%
Q2 24	964M	-1.0%
Q3 24	968M	+0.4%
Q4 24	950M	-1.9%
Q1 25	926M	-2.5%
Q2 25	895M	-3.3%
Q3 25	883M	-1.3%
Q4 25	825M	-6.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	—	—
FY 17	$240K	18K
FY 18	$241K	19K
FY 19	$293K	18K
FY 20	$259K	21K
FY 21	$212K	25K
FY 22	$235K	22K
FY 23	$325K	14K
FY 24	$383K	13K
FY 25	$420K	12K