Filing Flows › ADT (ADT) › Q3 2026 › vs Q3 2025
ADT (ADT) Q3 2026 vs Q3 2025 (year over year)
ADT's revenue rose $51.0M (+4%) from $1.3B in Q3 2025 to $1.3B in Q3 2026. The biggest changes: Security installation, product, and other +$64.8M (+32%); Monitoring and related services −$13.8M (-1%). Operating margin 23.0% against 24.3% (-1.3 pts).
ADT, Q3 2026: revenue $1.3B (+4% year over year), operating margin 23.0%, net earnings $151M, operating cash flow $440M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 23.0% | 24.3% | -1.3 pts |
| Net margin | 11.2% | 11.2% | -0.0 pts |
| Free cash flow margin | 15.2% | 14.0% | +1.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Recurring monthly revenue | $1.0B | $1.1B | −$16.5M | -2% |
| Installation and other revenue | $177M | $110M | $66.5M | +60% |
| Amortization of deferred subscriber acquisition revenue | $88.3M | $90.0M | −$1.7M | -2% |
| Other related services | $40.4M | $37.7M | $2.7M | +7% |
| Monitoring and related services | $1.1B | $1.1B | −$13.8M | -1% |
| Security installation, product, and other | $265M | $200M | $64.8M | +32% |
| Revenue | $1.3B | $1.3B | $51.0M | +4% |
| Operating profit | $311M | $315M | −$4.5M | -1% |
| Costs & expenses | $1.0B | $983M | $55.6M | +6% |
| Pre-tax earnings | $207M | $200M | $6.8M | +3% |
| Other expense, net | $103M | $115M | −$11.4M | -10% |
| SG&A | $400M | $384M | $16.1M | +4% |
| Other operating costs | $638M | $599M | $39.5M | +7% |
| Net earnings | $151M | $145M | $5.4M | +4% |
| Income tax | $56.5M | $55.1M | $1.4M | +3% |
| Depreciation & amortization | $345M | $348M | −$2.5M | -0.7% |
| Share-based compensation | $18.6M | $10.7M | $7.9M | +74% |
| Working capital & other | $74.1M | $23.6M | $50.5M | +214% |
| Operating cash flow | $440M | $480M | −$39.6M | -8% |
| Free Cash Flow (company-reported) | $205M | $182M | $23.4M | +13% |
| Dealer generated customer accounts and bulk account purchases | $124M | $157M | −$33.0M | -21% |
| Subscriber system asset expenditures | $65.0M | $98.0M | −$33.0M | -34% |
| Purchases of property and equipment | $46.0M | $43.0M | $3.0M | +7% |
Questions
How much did ADT's revenue grow year over year in Q3 2026?
ADT's revenue rose $51.0M (+4%) from $1.3B in Q3 2025 to $1.3B in Q3 2026.
What drove ADT's revenue change in Q3 2026?
Security installation, product, and other +$64.8M (+32%); Monitoring and related services −$13.8M (-1%).