ADT Q2 2025 results reflect success of subscription services/account purchases

BOCA RATON, Fla. — ADT reported its results for the second quarter of 2025 buoyed by high RMR and adoption of its ADT+ platform.

“ADT delivered another strong quarter, highlighted by record recurring monthly revenue, robust cash flow generation, and strong earnings per share growth. These results reflect the resilience of our business and effective execution of our strategy,” said ADT Chairman, President and CEO, Jim DeVries. “With increasing adoption of our ADT+ platform and the expansion of features such as Trusted Neighbor, coupled with our operational execution, ADT is delivering on our commitments while serving our customers better and more efficiently. We are confident in our ability to meet our 2025 financial targets and to continue to deliver long-term value for our stakeholders.”

Highlights from the quarter include a strategic bulk purchase of approximately 50,000 customer accounts for $89 million cash. That portfolio of customers is concentrated in key geographies and aligns with existing platforms. ADT also maintained a solid customer retention rate with trailing 12-month gross customer revenue attrition at 12.8% with revenue payback at 2.3 years.

Second Quarter 2025 Financial Results

• Total revenue increased 7% to $1.3 billion and end-of-period recurring monthly revenue (RMR) increased 2% to $363 million
• Solid customer retention with gross revenue attrition of 12.8%; revenue payback at 2.3 years
• GAAP income from continuing operations of $168 million, or $0.19 per diluted share, up $42 million
• Adjusted income from continuing operations of $191 million, or $0.23 per diluted share, up $35 million
• Net cash provided by operating activities of $564 million, up $1 million; Adjusted Free Cash Flow (including interest rate swaps) of $274 million, up $23 million

Full financial results are available online at https://investor.adt.com/.