Filing Flows › ADT (ADT) › How it makes money
How ADT (ADT) makes money
ADT (ADT) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Monitoring and related services brought in $1.1B (80%); Security installation, product, and other brought in $265M (20%). Of every dollar of revenue, 23¢ was left as operating profit, 11¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Monitoring and related services | $1.1B | 80.3% | +0.2% | -1% |
| ↳ Recurring monthly revenue | $1.0B | 77.3% | -0.2% | -2% |
| ↳ Other related services | $40.4M | 3.0% | +9% | +7% |
| Security installation, product, and other | $265M | 19.7% | +15% | +32% |
| ↳ Installation and other revenue | $177M | 13.1% | +26% | +60% |
| ↳ Amortization of deferred subscriber acquisition revenue | $88.3M | 6.5% | -1% | -2% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.3B | 100.0% |
| Operating profit | $311M | 23.0% |
| Income tax | $56.5M | 4.2% |
| Net earnings | $151M | 11.2% |
| Operating cash flow | $440M | 32.6% |
| Free cash flow | $205M | 15.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.3B | +4% |
| Q2 2026 | $1.3B | +2% |
| Q1 2026 | $1.3B | +0.9% |
| Q4 2025 | $1.3B | +1% |
| Q3 2025 | $1.3B | +4% |
| Q2 2025 | $1.3B | +7% |
| Q1 2025 | $1.3B | +6% |
From ADT's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does ADT make money?
ADT (ADT) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Monitoring and related services brought in $1.1B (80%); Security installation, product, and other brought in $265M (20%). Of every dollar of revenue, 23¢ was left as operating profit, 11¢ was left as net earnings.
What is ADT's biggest business?
Monitoring and related services: $1.1B in the third quarter 2026, 80% of revenue, -1% from a year earlier.
What is ADT's profit margin?
Net earnings were $151M, 11.2% of revenue, in the third quarter 2026; the operating margin was 23.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.