What is the revenue and EPS growth rate for ADT year over year?

What is the market's earnings forecast for ADT next quarter?

What were the key takeaways from ADT’s earnings call?

What factors drove the changes in ADT's revenue and profit?

Did ADT beat or miss consensus estimates last quarter?

What is ADT's latest dividend and current dividend yield?

What is ADT's gross profit margin?

What does ADT do and what are its main business segments?

- **2025 Financial Strength**: $5.1B revenue, 19% EPS growth, $1.6B shareholder returns, and 16% free cash flow growth.
- **AI-Driven Innovation**: Origin AI acquisition enables privacy-first home sensing, targeting 2027 commercialization.
- **2026 Strategy**: Flat revenue/EPS with 20% cash flow growth; $50M tech investment, DIY expansion, and M&A focus on tech/IP.
- **Long-Term Vision**: 5%+ revenue growth by 2030 via 1M new subscribers, 11% attrition, and 2-year payback through channel diversification.

**【CEO Summary Section】**
- ADT delivered solid Q4 and full-year 2025 results within guidance ranges, with a focus on reshaping smart home security through three core differentiators: unrivaled safety, premium experience, and innovative offerings.
- 2026 investments include expanding the ADT+ platform (e.g., Live Light, My Safety), advancing AI in customer service (50% virtual service calls, 23% AI call routing), and entering new segments like DIY (ADT Blue) and e-commerce.
- Aims to add 1 million subscribers by 2030, targeting 11% attrition and 2-year revenue payback through channel diversification and reduced acquisition costs.

**【CBO (Omar Khan) on Origin AI】**
- Acquired Origin AI for its WiFi-based AI sensing technology, enabling privacy-first detection of presence, motion, and health (e.g., falls, breathing patterns) without cameras.
- Scalable solution integrates with existing homes via software updates; Verisure signed a 5-year deal to deploy the technology across its footprint.
- Expected to enhance customer engagement, reduce false alarms, and drive RMR growth starting in 2027.

**【CFO Financial Commentary】**
- 2025 results: $5.1B revenue (+5%), $2.68B EBITDA (+4%), adjusted EPS of $0.89 (+19%), and $1.6B returned to shareholders via buybacks and dividends.
- 2026 guidance: Flat revenue and EPS due to RMR flatness, multifamily sale, and near-term acquisition strategy shifts; targeting 20% free cash flow growth.
- $1.5B share repurchase plan and $50M investment in tech and go-to-market initiatives.

**【Q&A Highlights】**
- 2026 challenges include tariff-related $45M subscriber acquisition costs and dealer channel rationalization, but optimism for 5%+ growth post-2026.
- DIY segment up 23% YTD; e-commerce expansion and AI-driven marketing to boost efficiency.
- M&A focus on tech (e.g., AI, sensing) and footprint expansion, with Origin AI's IP providing a competitive moat.
- Tariffs and dealer changes may constrain 2026 growth, but long-term AI and DIY investments position ADT for 5%+ revenue and 10% EPS growth by 2030.

ADT Inc. (ADT) Q4 2025 Earnings Call Transcript

- **Financial Resilience**: Q3 revenue up 4% to $1.3 billion, with adjusted EPS of $0.23 (+15% YoY) and $709M free cash flow year-to-date.
- **ADT+ Growth**: 25% of new customers adopt ADT+, boosting retention and installation revenue; AI-driven customer service resolves 50% of chats without human intervention.
- **Debt Optimization**: Refinanced $1.3B high-cost debt, lowering borrowing costs to 4.3%, with $800M undrawn revolver for flexibility.
- **Strategic Shifts**: Pivoted State Farm partnership to digital relocation focus and reduced bulk purchases to prioritize quality over quantity.
- **2025 Guidance**: Tightened targets for revenue ($5.075-5.175B), EPS ($0.85-0.89), and EBITDA ($2.665-2.715B), reflecting disciplined execution and cost savings.

**【CEO Summary Section】**
- **Revenue Growth**: Total revenue of $1.3 billion, up 4% year-over-year. Adjusted EBITDA rose 3% to $676 million, with adjusted EPS of $0.23, up 15% YoY.
- **Cash Flow Strength**: Adjusted free cash flow reached $709 million year-to-date, with $746 million returned to shareholders via buybacks and dividends.
- **ADT+ Platform Expansion**: 25% of new customers use ADT+, driving higher installation revenue and retention. Launched ADT+ Alarm Range Extender and AI-driven testing for faster app releases.
- **Attrition Management**: Attrition rate ticked up to 13% due to nonpayment cancels, but AI initiatives (e.g., 50% chat resolutions via AI) aim to improve customer retention.
- **State Farm Pivot**: Shifted from traditional sales to a digital relocation-focused approach, with early-stage testing underway.

**【CFO Financial Commentary】**
- **Cash Flow Performance**: Q3 free cash flow of $208 million, up 32% YoY. Full-year guidance for adjusted free cash flow remains $800-900 million, reflecting disciplined SAC spending and bulk account evaluations.
- **Debt Optimization**: Refinanced $1.3 billion in high-cost debt, lowering borrowing costs to 4.3%. Liquidity remains strong with $800 million undrawn revolver.
- **2025 Outlook**: Tightened guidance for total revenue ($5.075-5.175 billion), adjusted EPS ($0.85-0.89), and EBITDA ($2.665-2.715 billion), driven by operational efficiency and cost control.

**【Q&A Highlights】**
- **SAC Discipline**: Reduced bulk purchases (15,000 Q3 vs. 49,000 last year) to focus on high-quality adds, impacting RMR growth but improving SAC efficiency.
- **AI and Hardware Savings**: AI initiatives in customer service (e.g., 20% voice calls resolved by AI) and hardware portfolio optimization (e.g., Google Nest cameras) expected to yield savings in 2026.
- **Tariff Mitigation**: Working with suppliers to reduce tariff exposure, with minimal impact on 2025 margins.
- **Share Repurchases**: $500 million authorization fully utilized; future buybacks contingent on market conditions and debt maturities.


ADT Inc. (ADT) Q3 2025 Earnings Call Transcript

- **Financial standout**: Q2 2025 EPS up 35% to $0.23, free cash flow $500M (38% YoY growth). Full-year EPS guidance raised to $0.81-$0.89.
- **Recurring revenue growth**: RMR balance $363M (2% YoY), 242,000 new subscribers added, including 50,000 bulk purchase.
- **AI-driven efficiency**: 90% of customer chats handled by AI, 50% resolved without live agents. Voice call AI rollout underway.
- **Strategic wins**: 1M+ Nest subscribers, Trusted Neighbor generating $2,500+ per install, State Farm partnership redesign for movers.
- **Capital discipline**: $589M returned to shareholders, net debt reduced to $7.5B (2.8x EBITDA).

**【CEO Summary Section】**
- **Record financial performance**: Q2 2025 revenue grew 7% YoY to $1.3 billion, with adjusted EPS up 35% to $0.23. Adjusted free cash flow reached $500 million (including swaps), up 38% YoY.
- **Recurring revenue strength**: RMR balance hit a record $363 million, up 2% YoY. 242,000 new subscriber additions added $14.3 million in RMR, including a bulk purchase of 50,000 accounts for $89 million.
- **Customer retention**: Attrition improved to 12.8%, down 0.1pt YoY. NPS reached a 3-year high in June, driven by enhanced customer service and AI-driven chat resolution (90% handled by AI, 50% resolved without live agents).
- **Strategic initiatives**: 
  - ADT+ platform adoption continues, with new installs averaging $1,500+ and 50% of service calls resolved remotely.
  - Trusted Neighbor feature (with Yale Assure Touch locks) generated 10%+ of new installs at $2,500+ per unit.
  - State Farm partnership added 33,000 subscribers, with a new strategy targeting movers.
  - Google Nest collaboration surpassed 1 million subscribers.
- **AI advancements**: 90% of customer service chats processed by AI, with voice call AI rollout underway.

**【CFO Financial Commentary】**
- **Profitability**: Adjusted EBITDA rose 7% to $674 million. Free cash flow (including swaps) was $274 million in Q2, $500 million YTD.
- **Capital returns**: $589 million returned to shareholders through buybacks ($96M Q2) and dividends ($47M Q2). Diluted share count down 10% YoY.
- **Debt management**: Net debt reduced to $7.5 billion (2.8x EBITDA), with $550 million incremental term loan at 5.3% effective rate.
- **Guidance update**: Full-year EPS range raised to $0.81-$0.89 (from $0.77-$0.85), driven by share buybacks. Q3 EBITDA and EPS expected to match or slightly below Q2 levels due to $70M higher cash interest.
- **Tariff resilience**: Company confident in absorbing tariff impacts within 2025 guidance.

**【Q&A Highlights】**
- **Bulk acquisitions**: Consistent returns with dealer business, with a strong pipeline for future deals. Recent purchase of 50,000 accounts included high-density, creditworthy customers with 12-month attrition protection.
- **State Farm strategy**: Redesigning program to target movers, with conservative subscriber targets but potential for incremental growth.
- **Trusted Neighbor adoption**: 10%+ of new installs, with $2,500+ average revenue per unit. Field sales and customer feedback positive.
- **Macro trends**: Relocation activity down (attrition tailwind, gross add headwind), modest increase in nonpay cancellations. Resilient recurring revenue model cushions against economic uncertainty.
- **Long-term growth**: Focus on SMB expansion, DIY channel repositioning, and AI-driven customer engagement.

ADT Inc. (ADT) Q2 2025 Earnings Call Transcript

- **Record RMR Growth**: $360 million RMR balance (+2% YoY) with 12.6% gross attrition, reflecting strong customer retention.
- **AI-Driven Efficiency**: 90% of customer service chats handled by AI, 50% resolved without human interaction, reducing costs.
- **Free Cash Flow Surge**: Adjusted free cash flow doubles to $226 million, enabling $445 million in shareholder returns.
- **State Farm Momentum**: 4,000 Q1 gross adds (+25% YoY) with DIY solutions driving 10% of adds.
- **Tariff Mitigation**: Proactive measures to offset potential cost increases, with guidance unchanged.


**【CEO Summary Section】**
- ADT achieved a record recurring monthly revenue (RMR) balance of $360 million, up 2% year-over-year, driven by customer retention with gross attrition at 12.6%. Total revenue grew 7% YoY, and adjusted EPS increased 11% to $0.21.
- The ADT+ platform now accounts for substantially all new direct residential customers, with higher average installation prices. Customer satisfaction reached a 3-year high, averaging 4.8 stars across app stores.
- AI adoption in customer service is advancing: 90% of chats are handled by AI, with 50% resolved without human intervention. Virtual service resolved over half of service calls, reducing field costs.
- Key strategic initiatives include Trusted Neighbor access features, the ADT+ Translator for legacy system integration, and partnerships with State Farm in 17 states.

**【CFO Financial Commentary】**
- Adjusted free cash flow, including interest rate swaps, doubled YoY to $226 million. Monitoring and services revenue grew 2%, while installation revenue surged 45% ($184 million) due to ADT+ outright sales.
- SAC (Subscriber Acquisition Cost) remained flat YoY, with revenue payback slightly higher in Q1 but expected to normalize in Q2. Net debt of $7.6 billion remains at 2x adjusted EBITDA with a 4.5% weighted average interest rate.
- Share buybacks and dividends returned $445 million to shareholders in Q1, with $148 million remaining under the repurchase authorization.
- Full-year guidance reaffirms 14% growth in adjusted free cash flow, 8% EPS growth, and 5% revenue growth, despite potential tariff-related headwinds.

**【Q&A Key Highlights】**
- **Macro Environment**: ADT's business is resilient to economic downturns, with demand for safety increasing during uncertain times. Gross adds were down 7% YoY due to tighter credit standards in DIY and health segments, but core direct adds grew 4%.
- **Tariffs Mitigation**: Potential equipment cost increases from tariffs are being addressed through supplier negotiations, inventory management, and potential price surcharges. Guidance assumes net exposure within current ranges.
- **State Farm Partnership**: Q1 gross adds from State Farm reached 4,000 units, up 25% YoY. DIY solutions (e.g., leak detection) account for 10% of gross adds, with high customer satisfaction.
- **AI Expansion**: Voice call containment by AI agents is expected to reach 20% by year-end, with savings materializing in 2026. Virtual service efficiency improvements continue to reduce field truck rolls.
- **Small Business Channel**: Attrition is stable, with focus on product innovation. SMB growth is expected to remain steady, with no significant changes in leasing vs. purchase trends.


ADT (ADT)-24 Apr 25-2025 Q1 Earnings call transcript

- **Record Financial Performance**: 5% revenue growth, 25% EPS rise, 42% cash flow expansion in 2024. 
- **ADT+ Platform Dominance**: 1M+ customers, 4.8-star app ratings, 836K net adds driving retention to 12.7%. 
- **2025 Growth Drivers**: 
  - $800-900M free cash flow target
  - 5% revenue growth
  - 20%+ AI adoption in customer service
  - State Farm expansion to 45% of policies
- **Strategic Focus**: Virtual service efficiency (3M+ virtual jobs), aging-in-place tech, and SMB adjacencies. 
- **Shareholder Returns**: $500M buyback announced, 41% dividend growth in 2024.

**【CEO Summary Section】**
- ADT reported 2024 total revenue of $4.9 billion, up 5%, with adjusted net income of $685 million (25% YoY growth) and adjusted free cash flow of $744 million (42% YoY increase). 
- The ADT+ platform now serves over 1 million customers, achieving 4.8-star app ratings and driving 836,000 gross customer additions. 
- 2025 priorities include expanding ADT+ to 100% of new customers, optimizing SAC through virtual service (3M+ virtual jobs resolved in 2024), and exploring aging-in-place and small business adjacencies.

**【CFO Financial Commentary】**
- Q4 2024 adjusted free cash flow was $224 million, with full-year guidance for 2025 at $800-900 million (14% YoY growth). 
- 2025 financial targets include: 
  - Adjusted EPS: $0.77-$0.85 (8% midpoint growth)
  - Revenue: $5.025-5.225 billion (5% YoY growth)
  - EBITDA: $2.65-2.75 billion (5% YoY growth)
- Capital allocation: $500M share buyback announced, with net debt at 2.9x EBITDA (below 3.0 target). 

**【Q&A Key Themes】**
1. **Bulk Acquisitions**: 49K accounts added in 2024; 2025 will prioritize economic returns vs. dealer/sales channel. 
2. **State Farm Partnership**: 18K sales in 2024 (vs. 5.5K in 2023), expanding to 17 states with DIY and leak detection trials. 
3. **AI & Virtual Service**: 90% chatbot utilization by Q1 2025, 20% voice calls handled by AI by year-end. 
4. **SMB & Aging-in-Place**: 500K SMB customers, targeting 500-1,000% growth in adjacencies. 
5. **Tariff Risk**: 2025 guidance includes potential tariff impacts, with ~$10M annualized mitigation efforts.

Actual										0.28	0.41	0.11	0.2963	0.0409	0.179	-0.07	-0.03	-0.01	0.1703	0.1	0.1	0.12	0.16	0.08	0.25	0.16	0.17	0.2	0.2	0.21	0.23	0.23	0.23
Forecast										0.1878	0.2923	0.1488	0.3122	0.1403	0.2453	0.0752	0.1877	0.1082	0.1793	0.065	0.2065	0.0842	0.0621	0.0345	0.05	0.1488	0.171	0.1706	0.188	0.1902	0.2	0.2167	0.215
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+49.09%	+40.27%	-26.08%	-5.09%	-70.85%	-27.03%	-193.09%	-115.98%	-109.24%	-5.02%	+53.85%	-51.57%	+42.52%	+157.65%	+131.88%	+400.00%	+7.53%	-0.58%	+17.23%	+6.38%	+10.41%	+15.00%	+6.14%	+6.98%

ADT

ADT fundamentals

ADT Q4 2025 Earnings

Earnings Call

You can ask Aime

ADT

ADT fundamentals

ADT Q4 2025 Earnings

Earnings Call

ADT Earnings Call Summary for Q4/202510:00 AM on Mar 2, 2026

ADT Earnings Call Summary for Q3/202510:00 AM on Nov 4, 2025

ADT Earnings Call Summary for Q2/202510:00 AM on Jul 24, 2025

ADT Earnings Call Summary for Q1/202510:00 AM on Apr 24, 2025

ADT Earnings Call Summary for Q4/202410:00 AM on Feb 27, 2025

You can ask Aime