ADT (ADT) Q3 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 14, 2026 astatine 10:50 AM CDT 28 min read

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Tuesday, November 4, 2025 astatine 10 a.m. ET

• President and Chief Executive Officer — James DeVries

• President, Chief Financial Officer, and Treasurer — Jeffrey Likosar

James DeVries: Thank you, Elizabeth, and bully morning, everyone. I'm precise pleased to study that ADT delivered different 4th of coagulated gross growth, robust currency travel and precise beardown net per share. Collectively reflecting the resilience of our concern exemplary and our team's continued execution of our 2025 strategy. Let maine commencement with a fewer cardinal fiscal highlights. Total gross grew 4% to $1.3 billion. Adjusted EBITDA grew 3% to $676 cardinal with adjusted net per diluted stock of $0.23, up a beardown 15% year-over-year. Cash travel continues to beryllium a item with adjusted escaped currency flow, including involvement complaint swaps reaching $709 cardinal year-to-date. Additionally, year-to-date, we person returned $746 cardinal to ADT shareholders done stock repurchases and dividends.

We ended the 3rd 4th with a recurring monthly gross equilibrium of $362 million, up 1% year-over-year. Turning to attrition. Earlier this year, ADT achieved grounds levels, and this quarter, we ticked up to 13%. While supra our budget, our teams are focused connected plans to proceed improving lawsuit retention and those actions are underway. As we've executed successful anterior quarters, during Q3, we completed a tiny bulk relationship acquisition of 15,000 accounts for $24 million. Overall, user sentiment remains cautious and relocations proceed astatine debased levels. We person remained disciplined successful our SAC spending which resulted successful little caller subscriber and RMR adds.

Jeff volition supply much circumstantial details astir our results and afloat twelvemonth outlook aboriginal successful our call. I'd similar to walk the adjacent fewer minutes updating you connected ADT's 2025 advancement and strategical absorption areas, which proceed to physique connected the priorities we've shared passim this year. ADT's committedness remains unchanged, delivering information and bid of caput to our residential and tiny concern customers. Our strategy is anchored successful 3 halfway pillars unrivaled safety, innovative offerings and a premium best-in-class lawsuit experience. Unrivaled information is astatine the bosom of everything we bash astatine ADT. As it has been passim our full 150-year history.

We are perpetually strengthening the ways we support ADT customers and supply them with assurance successful their information delivering bid of mind. As we execute connected our near-term fiscal goals, we're besides investing successful our merchandise and acquisition ecosystem, expanding and enhancing our differentiated offerings. These efforts springiness customers adjacent much reasons to take ADT and to stay loyal to our brand. Our ADT+ level continues to summation traction, enhancing the safety, convenience and acquisition we present to our customers. Our merchandise and engineering teams are firing connected each cylinders, successful coordination with our strategical partners to thrust a continued pipeline of innovative releases.