ADT Inc

Latest Results (14.05.2026):

ADT Inc. — First Quarter 2026: ADT reported a solid Q1 2026 with modest revenue growth, stronger earnings and materially improved cash generation. Total revenue was $1.279 billion (up 1% year-over-year), GAAP income from continuing operations was $169 million ($0.20 diluted), and the company delivered very strong operating cash flow and adjusted free cash flow. Management says ADT is on track for its full‑year 2026 outlook while returning capital to shareholders and investing in product and AI capabilities.

Revenue

Total revenue: $1,279 million, +1% YoY. Monitoring & related services roughly flat (impacted by multifamily divestiture); security installation, product & other revenue rose 7% driven by a higher mix of outright professionally installed systems and ADT+ transition.

Earnings

GAAP income from continuing operations: $169 million, $0.20 diluted (GAAP EPS up 25% vs. prior year diluted EPS). Adjusted income: $191 million; Adjusted EPS: $0.23 (up ~10% YoY). Adjusted EBITDA: $674 million (+2%).

Cash flow & capital returns

Net cash provided by operating activities: $638 million, +37% YoY. Adjusted Free Cash Flow (including interest rate swaps): $414 million, +83% YoY. ADT returned $161 million to shareholders in Q1 (share repurchases $116M retiring 18M shares; dividends $45M).

Operational metrics

End-of-period RMR: $359 million. Trailing twelve‑month gross customer revenue attrition: 13.1% (up 50 bps). Trailing twelve‑month revenue payback: 2.3 years. ADT+ accounted for ~30% of new customer additions in Q1.

M&A and product initiatives

Acquired Origin Wireless (Origin AI) in Feb 2026 to add ambient sensing and AI capabilities (acquisition cash outflow shown as ~$164M in investing activities). Launched Live Light™ (visual yard sign) and MySafety (personal safety in ADT+ app); expanded AI agents, fleet dash cameras and other ADT+ enhancements.

Balance sheet & liquidity

Cash & cash equivalents: $119 million; no amounts outstanding on the First Lien Revolving Credit Facility. Long‑term debt: $7.36 billion. Investing activity included dealer/bulk purchases and Origin AI acquisition.

Outlook & dividend

Company remains on track for its 2026 outlook: expects Adjusted Free Cash Flow (including swaps) growth of ~20% vs. prior year, with revenue and Adjusted EPS approximately flat. Board declared a $0.055 per share cash dividend (record June 11, 2026; payable July 7, 2026).