ADT reports third quarter 2025 results

BOCA RATON, Fla. — ADT Inc. has released its financial results for the third quarter of 2025.

Financial highlights for the third quarter are below with variances on a year-over-year basis unless otherwise noted. Results of the former commercial and solar businesses are presented as discontinued operations, except for cash flow measures.

Total revenue increased 4% to $1.3 billion and end-of-period recurring monthly revenue (RMR) increased 1% to $362 million

Solid customer retention with gross revenue attrition of 13.0%; revenue payback at 2.3 years

GAAP income from continuing operations of $144 million, or $0.17 per diluted share, up $11 million

Adjusted income from continuing operations of $187 million, or $0.23 per diluted share, up $4 million

Net cash provided by operating activities of $480 million, down $18 million; Adjusted Free Cash Flow (including interest rate swaps) of $208 million, up $50 million

“ADT again delivered solid revenue growth, robust cash flow, and very strong earnings per share in the third quarter, reflecting the resilience of our business model and our team’s execution of our strategy,” said ADT Chairman, President and CEO, Jim DeVries. “With our ADT+ platform, we continue to enhance the safety, convenience, and experience we deliver to our customers. Our focus on operational excellence and our disciplined approach to capital allocation positions us to achieve our 2025 financial guidance and deliver long-term value for our stakeholders.”

Highlights for the quarter include the divestiture of its multifamily business for the price of approximately $56 million, strong RMR performance, and the bulk purchase of approximately 15,000 customer accounts for $24 million cash with attractive projected returns.

The full financial results can be found online at investor.adt.com.