Adt, Inc. ( (ADT) ) has released its Q1 earnings. Here is a breakdown of the information Adt, Inc. presented to its investors.
ADT Inc., a leading provider of smart home security solutions, has reported strong financial results for the first quarter of 2025, showcasing its robust business model and continued growth in customer retention and recurring monthly revenue. The company, which operates in the security and safety sector, is known for its innovative offerings and premium customer experience.
In the first quarter of 2025, ADT reported a 7% increase in total revenue, reaching $1.3 billion, and a 2% rise in recurring monthly revenue to $360 million. The company achieved record customer retention with a gross revenue attrition of 12.6% and a revenue payback period of 2.3 years. Despite a decrease in GAAP income from continuing operations to $142 million, adjusted income rose to $186 million, reflecting a 9% increase.
Key financial metrics highlighted include a 28% increase in operating cash flows and a 105% rise in adjusted free cash flow, driven by strong operational performance and strategic financial maneuvers. ADT also returned $445 million to shareholders through share repurchases and dividends, and fortified its balance sheet by issuing a $600 million term loan to partially redeem existing notes.
Strategically, ADT continued to innovate with the rollout of its ADT+ platform and launched the ADT+ Translator for seamless integration of legacy systems. The company also strengthened its leadership team and renewed its partnership with the Miami Marlins, emphasizing its commitment to community engagement.
Looking ahead, ADT remains on track to meet its full-year 2025 guidance, with expectations of continued growth in cash flow and earnings per share. The company plans to invest in expanding its capabilities to better serve its customer base while maintaining strong capital returns to shareholders.