ADT Inc. income statement
In fiscal 2025, ADT Inc. reported revenue of $5.13bn, up 4.7% on the year before, operating income of $1.31bn (a 25.5% margin) and net income of $596m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,950 | 4,316 | 4,582 | 5,126 | 5,315 | 4,203 | 4,382 | 4,653 | 4,898 | 5,129 | 5,165 |
| Selling, general and administrative | 859 | 1,209 | 1,247 | 1,407 | 1,724 | 1,541 | 1,348 | 1,387 | 1,500 | 1,470 | 1,495 |
| Operating income | −229 | 282 | 278 | 196 | 41 | 10 | 725 | 1,179 | 1,208 | 1,309 | 1,289 |
| Interest expense | 468 | 645 | 620 | 623 | 710 | 457 | 277 | 586 | 451 | 470 | — |
| Income before tax | −803 | −422 | −633 | −522 | −779 | −476 | 404 | 604 | 815 | 834 | 857 |
| Income tax | −266 | 764 | 23 | −98 | −147 | −132 | 88 | 161 | 196 | 233 | 242 |
| Net income | −537 | 343 | −609 | −424 | −632 | −341 | 133 | 463 | 501 | 596 | 613 |
| Diluted EPS | −$0.84 | $0.53 | −$0.81 | −$0.57 | — | — | — | — | — | — | — |
| Diluted shares (average) | 641m | 641m | 748m | 747m | — | — | — | — | — | — | — |
| EBITDA | 1,004 | 2,146 | 2,209 | 2,186 | 1,954 | 1,849 | 2,325 | 2,514 | 2,551 | 2,676 | 2,670 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,244 | 1,260 | 1,267 | 1,287 | 1,298 | 1,276 | 1,279 | 1,312 |
| Selling, general and administrative | 360 | 380 | 369 | 356 | 384 | 360 | 365 | 386 |
| Operating income | 326 | 305 | 319 | 342 | 315 | 333 | 325 | 316 |
| Income before tax | 182 | 227 | 194 | 227 | 199 | 215 | 227 | 216 |
| Income tax | 50 | 29 | 51 | 59 | 55 | 68 | 58 | 61 |
| Net income | 127 | 190 | 140 | 165 | 145 | 145 | 168 | 154 |
| EBITDA | 662 | 646 | 659 | 681 | 663 | 674 | 671 | 663 |
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