ADT Q2 2023 Earnings — ADT Inc. Revenue & Financial Results | Market Cap Arena

ADTADT Inc.

$5B

Q2 2023 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$1.2B-27.0% YoY

Gross Profit

$614M52.5% margin

Operating Income

$340M29.1% margin

Net Income

$92M7.9% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-8.6%

Cash Flow

Operating Cash Flow

$493M

Free Cash Flow

$302M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$17.3B

Total Liabilities

$14.0B

Stockholders' Equity

$3.3B

Cash & Equivalents

$146M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.6B	-27.0%
Gross Profit	$614M	$655M	-6.3%
Operating Income	$340M	$207M	+64.7%
Net Income	$92M	$92M	+0.8%

Revenue Segments

Monitoring And Related Services

$1.2B75%

Security Installation, Product And Other

$329M21%

Solar Installation, Product, And Other

$78M5%