ADTADT Inc.

$5B

Q1 2023 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$1.3B-17.3% YoY

Gross Profit

$581M45.5% margin

Operating Income

$232M18.1% margin

Net Income

-$119M-9.3% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-3.0%

Cash Flow

Operating Cash Flow

$307M

Free Cash Flow

$89M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$17.5B

Total Liabilities

$14.2B

Stockholders' Equity

$3.3B

Cash & Equivalents

$186M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.5B	-17.3%
Gross Profit	$581M	$522M	+11.3%
Operating Income	$232M	$77M	+202.7%
Net Income	-$119M	$52M	-330.1%

Revenue Segments

Monitoring And Related Services

$1.2B73%

Security Installation, Product And Other

$294M18%

Solar Installation, Product, And Other

$145M9%

ADT Q1 2023 Earnings — ADT Inc. Revenue & Financial Results | Market Cap Arena