ADT Inc. Q2 2025 Earnings Recap

Strong demand and strategic investments drove ADT's solid Q2 performance, highlighted by record recurring revenue and a significant increase in adjusted EPS.

Key Takeaways

• Recurring monthly revenue reached a record $363 million, up 2% year-over-year.
• Adjusted earnings per diluted share soared to $0.23, reflecting a 35% increase.
• Adjusted free cash flow rose 38%, totaling $500 million for the first half of the year, facilitating $589 million returned to shareholders through repurchases and dividends.
• Customer satisfaction metrics achieved a three-year high, with a record Net Promoter Score in June.
• The partnership with Google yielded over 1 million Nest Aware subscribers, demonstrating strong traction in the smart home segment.