Highlights

  • ADT reported second quarter 2026 total revenue of $1,312,285 thousand, compared with $1,287,035 thousand, and net income of $153,850 thousand.
  • Recurring monthly revenue was $360,084 thousand at June 30, 2026, and gross customer revenue attrition was 13.1%.
  • ADT acquired Origin AI in February 2026, with total consideration of $164 million and $106 million recognized as goodwill.
  • ADT had $906 million remaining under its 2026 Share Repurchase Plan at June 30, 2026 and announced a $0.055 dividend.

ADT Inc. (NYSE:ADT) shares were trading at USD 7.48 on October 28, 2026, up 8.86%, with a relative volume at time of 6.44. The security and smart home provider acquired Origin AI in February, approved a share repurchase plan, and filed its 10-Q for the quarter ended June 30, 2026 on July 30.

ADT provides security, interactive and smart home solutions to consumer and small business customers in the United States. The company is incorporated in Delaware and lists its principal executive offices in Boca Raton, Florida. It reports as a single operating and reportable segment. At June 30, 2026, it served approximately 6.1 million security monitoring service subscribers. Its fiscal year ends December 31.

Second Quarter 2026 Results

Total revenue for the three months ended June 30, 2026 was $1,312,285 thousand, compared with $1,287,035 thousand in the prior-year quarter. Monitoring and related services revenue was $1,082,111 thousand, compared with $1,090,241 thousand.

Operating income was $315,891 thousand, compared with $341,977 thousand. Income from continuing operations was $155,067 thousand, compared with $168,233 thousand. Net income was $153,850 thousand, compared with $165,179 thousand. Diluted income from continuing operations per share was $0.19 in both periods.

On a non-GAAP basis, Adjusted EPS was $0.23 in both periods and Adjusted EBITDA was $670,517 thousand, compared with $673,624 thousand.

Subscribers and Operating Metrics

Recurring monthly revenue was $360,084 thousand at June 30, 2026, compared with $362,750 thousand a year earlier.

Gross customer revenue attrition was 13.1%, compared with 12.8% in the prior year, reflecting higher non-payment disconnects, slightly offset by fewer voluntary disconnects.

Balance Sheet, Cash Flow and Capital

At June 30, 2026, cash and cash equivalents were $3,875 thousand and restricted cash and restricted cash equivalents were $24,162 thousand. Availability under the First Lien Revolving Credit Facility was $800,000 thousand. The carrying amount of total debt outstanding, including finance leases, was $7,687,587 thousand. The company describes itself as highly leveraged, with debt service requirements.

Net cash provided by operating activities for the six months was $1,304,454 thousand, compared with $1,030,525 thousand.

In April 2026, ADT redeemed the remaining First Lien Notes due 2026 for $75 million using cash on hand. In May 2026, it amended its Term Loan A Credit Agreement to add $100 million of incremental borrowings.

In February 2026, the Board approved the 2026 Share Repurchase Plan, which authorizes repurchases of up to $1.5 billion through April 30, 2029. The company repurchased 18 million shares for $116 million in the first quarter and 39 million shares for $267 million in the second quarter. In May 2026, it also repurchased 29 million shares for $211 million in connection with a secondary offering by Apollo. Through July 23, 2026, it repurchased 3 million more shares for $21 million, leaving $885 million available.

Developments and Dividend

ADT acquired Origin AI in February 2026. Origin AI provides patented AI-enabled presence detection and ambient sensing technology. Total consideration transferred was $164 million. The company said it does not expect a material impact to revenue or cost of revenue from the acquisition during 2026.

On July 30, 2026, ADT announced a dividend of $0.055 per share to holders of Common Stock and Class B Common Stock on September 10, 2026, payable on October 1, 2026.

The filing gives no numerical financial guidance. The company said it continues to monitor tariffs, the global memory chip shortage and inflation, and that it has not recorded a receivable for any refund of IEEPA tariffs.