ADT Inc. Earnings Call Transcripts
Fiscal Year 2026
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Q3 revenue grew 4% and YTD Adjusted Free Cash Flow exceeded $1B. A pending $10-per-share cash acquisition prompted withdrawal of prior guidance, with closing expected in Q1 2027 subject to approvals.
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Q2 2026 saw strong cash generation, 2% revenue growth, and robust capital returns, with adjusted free cash flow up 48% year-over-year. ADT Blu launched to target DIY customers, while AI initiatives improved efficiency and customer satisfaction. Full-year outlook was modestly raised.
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The meeting covered director elections, executive compensation, and auditor ratification, all of which passed by majority vote. No stockholder questions were received, and the meeting was conducted virtually with a quorum present.
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Strong Q1 results with adjusted free cash flow up 80% and EPS up 10% year-over-year. Strategic investments in AI, product innovation, and DIY offerings are expected to drive long-term growth, while 2026 guidance calls for flat revenue and EPS with robust cash generation.
Fiscal Year 2025
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Solid 2025 results with 5% revenue and 19% EPS growth, strong cash generation, and $800M returned to shareholders. 2026 will be a transition year with flat revenue/EPS, major investments in AI, DIY, and new products, and a $1.5B share repurchase plan.
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Q3 2025 saw 4% revenue growth, strong cash flow, and 15% EPS growth year-over-year. Guidance for 2025 was tightened, with confidence in meeting targets despite macro headwinds. AI and product innovation, capital returns, and debt refinancing were key highlights.
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Strong Q2 results with 7% revenue growth, record recurring revenue, and robust cash flow. Guidance reaffirmed and EPS outlook raised, supported by efficient capital structure and successful bulk acquisitions.
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Strong Q1 results featured 7% revenue growth, record RMR, and improved customer retention. Adjusted EPS rose 11%, and free cash flow more than doubled. Guidance for 2025 is reaffirmed despite tariff risks, with innovation and capital returns continuing.
Fiscal Year 2024
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Record recurring revenue, customer retention, and cash generation drove a strong 2024, with revenue up 5% and adjusted net income up 25%. 2025 guidance targets continued growth in free cash flow, EPS, and revenue, supported by innovation, operational efficiency, and disciplined capital allocation.
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Q3 2024 saw 5% revenue growth, record RMR, and strong cash flow, with improved leverage and robust customer adds. Strategic acquisitions, innovation, and partnerships—especially with Google—drove performance, and full-year guidance was tightened around higher EPS expectations.
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Revenue grew 3% year-over-year in Q2 2024, with strong cash flow and reaffirmed full-year guidance. The ADT Plus platform launched nationally, partnerships with Google and State Farm advanced, and net debt was reduced by $2 billion.