ADT Q1 2024 Earnings — ADT Inc. Revenue & Financial Results | Market Cap Arena

ADTADT Inc.

$5B

Q1 2024 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$1.2B-6.9% YoY

Gross Profit

$608M51.1% margin

Operating Income

$292M24.6% margin

Net Income

$92M7.7% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+1.4%

Cash Flow

Operating Cash Flow

$364M

Free Cash Flow

$183M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$15.9B

Total Liabilities

$12.2B

Stockholders' Equity

$3.7B

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.3B	-6.9%
Gross Profit	$608M	$581M	+4.6%
Operating Income	$292M	$232M	+26.1%
Net Income	$92M	-$119M	+177.0%

Revenue Segments

Monitoring And Related Services

$1.1B86%

Security Installation, Product And Other

$127M10%

Solar Installation, Product, And Other

$42M3%