Filing Flows › ADT (ADT) › Q3 2025
ADT (ADT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
ADT (ADT) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), +4% from a year earlier and +0.8% from the quarter before. Operating margin was 24.3%, net earnings $145M (11.2% of revenue).
ADT, Q3 2025: revenue $1.3B (+4% year over year), operating margin 24.3%, net earnings $145M, operating cash flow $480M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +0.8% | +4% |
| Operating profit | $315M | -8% | -3% |
| Net earnings | $145M | -12% | +14% |
| Operating cash flow | $480M | -15% | -4% |
| Free cash flow | $182M | — | — |
What changed
Revenue was $1.3B in Q3 2025, up 4% year over year and up 1% from the previous quarter. Recurring monthly revenue was the largest line at 82% of revenue. Installation revenue added $0.03B year over year (up 41%), 59% of the total change.
Operating profit was $0.32B, a 24.3% margin (down 2.0 points year over year). Operating profit fell $0.01B even though revenue rose $0.05B versus a year earlier, so costs grew faster than sales. Total costs grew 7% against revenue growth of 4%. Net earnings were $0.15B, up 14% year over year. The effective tax rate was 27.5%.
Operating cash flow was $0.48B (down 4% year over year), 331% of net earnings. Non-cash charges added back $0.35B of depreciation and amortization and $0.01B of share-based compensation. After dealer generated customer accounts and bulk account purchases ($0.16B) and subscriber system asset expenditures ($0.10B) and purchases of property and equipment ($0.04B), free cash flow as the company reports it was $0.18B.
Questions
What was ADT's revenue in the third quarter 2025?
ADT (ADT) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), +4% from a year earlier and +0.8% from the quarter before.
Was ADT profitable in the third quarter 2025?
Operating profit was $315M (24.3% of revenue) and net earnings $145M.
Source: ADT 10-Q on SEC EDGAR.