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ADT Q2 earnings call highlights. July 31, 2026 Key points. * ADT reported modest growth but significantly stronger cash generation: Second-quarter revenue rose 2% to $1.3 billion, while adjusted free cash flow increased 48% to $406 million. The company returned $684 million to shareholders in the first half, including $594 million in share repurchases and $90 million in dividends. * The company modestly raised its full-year outlook to approximately 2% revenue growth, 2% adjusted EPS growth and roughly 30% adjusted free-cash-flow growth, while warning that higher taxes and the expiration of favorable interest-rate swaps could create $50 million to $100 million headwinds each in 2027. * ADT is shifting toward lower-cost growth and technology initiatives: It is expanding the ADT+ platform through its dealer network, rolling out the self-installed ADT Blu offering and using AI to reduce human-agent contacts and service tickets by nearly 20%. Subscriber additions softened amid reduced affiliate reliance, but direct residential and small-business channels continued to grow organically. * Interested in ADT? Here are five stocks we like better. ADT NYSE: ADT reported second-quarter 2026 revenue growth of 2% to $1.3 billion, while highlighting stronger cash generation, shareholder returns and continued investment in its ADT+ technology platform, artificial intelligence tools and lower-cost customer acquisition channels. Chairman, President and Chief Executive Officer Jim DeVries said the company generated adjusted free cash flow, including interest-rate swaps, that rose nearly 50% from a year earlier. ADT returned $684 million to shareholders during the first half of 2026, including $594 million used to repurchase and retire 86 million shares and $90 million in dividends. ADT also repurchased 29 million shares in connection with Apollo's secondary offering during the quarter. Apollo sold its remaining ADT holdings and is no longer a shareholder, DeVries said. Financial results and updated outlook. Chief Financial Officer Jeff Likosar said adjusted free cash flow, including interest-rate swaps, totaled $406 million in the second quarter, up $133 million, or 48%, from the prior year. First-half adjusted free cash flow reached $820 million, an increase of more than $300 million, or 64%. Likosar attributed the cash-flow improvement primarily to working-capital timing, lower cash taxes and interest expense, and lower subscriber acquisition spending. He also cited tax-planning progress and working-capital management. * Total revenue increased 2% to $1.3 billion. * Monitoring and services revenue declined 1%, reflecting the loss of revenue from the multifamily business ADT divested in October 2025. * Installation revenue increased 17% to $230 million, driven by a greater mix of outright equipment sales. * Adjusted EBITDA was $671 million. * Adjusted income from continuing operations was $180 million, or $0.23 per diluted share, flat from a year earlier. * Year-to-date adjusted EPS was $0.47, up $0.03. ADT ended the quarter with recurring monthly revenue of $360 million. Net debt was approximately $7.4 billion, equating to leverage of 2.8 times adjusted EBITDA, with a weighted average borrowing cost of about 4.3%. The company's $800 million revolving credit facility was undrawn. The company modestly raised its full-year outlook. ADT now expects revenue to grow about 2%, adjusted EPS to rise 2%, and adjusted free cash flow to increase approximately 30%. Likosar said the cash-flow outlook reflects tax planning and working-capital management, while noting the company expects higher cash taxes and cash interest expense in 2027. Discover more Likosar said higher taxes and the expiration of favorable interest-rate swaps could each create a $50 million to $100 million headwind next year, though the company plans to continue seeking ways to optimize its cash generation. Subscriber trends and acquisition strategy. ADT added 190,000 gross new subscribers during the quarter, representing $11.9 million of recurring monthly revenue. Gross additions were lower than the prior-year quarter, when the company completed a bulk acquisition of approximately 50,000 accounts, compared with a 10,000-account bulk purchase in the latest quarter. DeVries said that excluding the difference in bulk purchases, ADT had roughly 10,000 fewer additions than in the second quarter of 2025. He attributed the decline to reduced reliance on high-cost affiliate channels and softness in the dealer channel, including one dealer in particular. However, he said the company's direct "do it for me" residential business posted high-single-digit organic growth year to date, while small and medium-sized business additions were up about 4% organically from the prior year. Net cash subscriber acquisition costs were $345 million, down 7%, primarily due to fewer bulk purchases. Trailing 12-month attrition was 13.1%, flat sequentially, and revenue payback held at 2.3 years. DeVries said relocation losses were flat and voluntary cancellations improved from last year, while non-payment cancellations were modestly higher. He cited improvements in customer-service metrics, lower turnover among retention personnel, tighter credit standards and changes to proactive retention offers as factors that could support retention over time. ADT+ rollout, ADT Blu and AI initiatives. The company said about 30% of new customer additions in the first half were on the ADT+ platform. ADT has started rolling out the platform to its dealer network, initially launching in the Western region and beginning deployment in the Eastern region. Chief Business Officer Omar Khan said the migration of dealers to ADT+ is expected to take three to four quarters. Since dealers account for about one-third of additions, he said benefits from the conversion should phase in over roughly nine to 12 months. ADT also launched ADT Blu, a lower-cost, self-installed security offering available through telephone and online channels, including Amazon. Khan said the offering includes plans beginning at about $10 per month for video-only service, while professionally monitored security packages begin at $34.99, depending on equipment choices. While the company described the rollout as early, Khan said initial data showed a majority of ADT Blu customers selecting full security packages that include sensors and a base system. Likosar said the company expects returns on subscriber acquisition spending for self-install customers to be similar to those targeted for other offerings, despite lower average pricing because acquisition costs are also lower. DeVries said ADT plans to expand its Amazon presence and increase advertising for ADT Blu in the second half, with volume expected to begin increasing in the third and fourth quarters. ADT also reported progress in using AI for customer service. DeVries said AI-based call routing and virtual agents helped the company handle nearly 20% fewer customer contacts through human agents and reduce service tickets by a similar amount, while customer satisfaction improved. During the third quarter, ADT plans to begin transcribing and analyzing sales and service calls, expand virtual-agent engagement through SMS, and deploy AI-enabled fleet safety technology. The company also expects customer pilots for a Wi-Fi-based smart plug using privacy-preserving presence-sensing technology to begin in the fall, ahead of a planned early-2027 launch. About ADT (NYSE:ADT). ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones. Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider ADT, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ADT wasn't on the list. 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ADT MySafety and Live Light features boost protection at home and on the go. The most trusted name in home security keeps discovering new ways to protect your loved ones and home. ADT is now offering two new features: Live Light and the MySafety tool built into the ADT+ app. Find out more about these innovations and how they work in conjunction with your ADT home security system in Fort Wayne. What is ADT MySafety? ADT MySafety is a mobile safety feature built to protect you and your loved ones when you're out. It works through the ADT+ app and comes free when you have professional monitoring. Essentially, it connects you to ADT's award-winning monitoring service when you're out. How does ADT MySafety work? Imagine taking a stroll by yourself in the evening. You for the most part feel safe in your Fort Wayne neighborhood, but appreciate the possibility of having trained monitoring agents ready if something seems off or you feel at risk. Here are ways to use MySafety: * Set a safety timer. You know your walk takes close to 20 minutes. You can initiate a timer in the app, and if you don't turn it off before it ends, ADT will make an attempt to contact you. If you don't respond, law enforcement will be alerted and provided your GPS location. * Request a call or text. You can subtly ask for a call or begin a text conversation with a touch of your finger. A monitoring agent will contact you right away. If you don't answer, ADT will request help. * Implement an emergency phrase. There might be situations where you're unable to access your cell phone, but have it on you. If this occurs, you can verbalize a custom, predetermined phrase that will trigger an SOS to ADT, providing monitoring specialists with your precise location. Live Light beckons first responders to your Fort Wayne home. ADT's well-known yard sign just received a serious update. The sign is now a more integrated, active feature as it lights up when the alarm goes off. Unveiled as ADT Live Light, this innovative feature helps guide emergency personnel during times when every second makes a difference. Your Fort Wayne home will be easier to find night or day, particularly in dark or inclement weather conditions. Here's a bit more about the enhanced ADT sign: * Illuminates automatically any time the alarm trips * You can switch it on any time you want in the ADT+ app * Improves visibility and deterrence, indicating your home is secured * Designed to perform dependably in cold, wet, and hot conditions * Bluetooth and Wi-Fi * ADT monitoring * ADT+ app * AA L91 lithium batteries (3), included Get more reliable protection in Fort Wayne from ADT. Trusted by families for greater than 150 years, ADT is the top name in home security and the right option for your Fort Wayne home and family members. You'll get access to modern tools and the most extensive monitoring network in the U.S... Contact Secure24 Alarm Systems, your authorized ADT dealer, to explore the new features and find the ideal package for your family. Try the home security quote quiz to get personalized ADT equipment recommendations.

ADT Live Light and MySafety features enhance protection at home and when you're out. Home security's top name keeps coming up with new ways to shield your family and home. ADT recently introduced two exciting new features: Live Light(TM) and the MySafety tool available through the ADT+ app. Learn more about these innovations and how they connect to your ADT home security system in Trenton. What is ADT MySafety? ADT MySafety is a personal safety feature built to protect you and your family away from home. It's part of the ADT+ app and is available at no added cost when you have professional monitoring. Essentially, it connects you to ADT's industry-leading monitoring service when you're out. How does ADT MySafety work in the ADT+ app? Imagine yourself going on a stroll in the evening. You generally feel safe in your Trenton neighborhood, but enjoy the possibility of having skilled security professionals ready if something seems off or you feel at risk. Here's what you can do with MySafety: * Program a safety timer. You know your usual route takes around 20 minutes. You can start a timer in the app, and if you don't stop it before it ends, ADT will make an attempt to contact you. If you fail to respond, emergency services will be contacted and provided your GPS location. * Request a text or call. With a press of your finger, you can inconspicuously request a call or start a text conversation. You'll be contacted at once. If you don't reply, ADT will send for help. * Establish an emergency phrase. There could be moments where you're not able to access your phone, but have it on you. If this occurs, you can verbalize a custom, predetermined phrase that will trigger an SOS to ADT, giving monitoring specialists your exact location. Live Light signals emergency professionals to your Trenton residence. ADT's iconic blue yard sign just received a major update. The sign is now an active, more integrated feature as it illuminates when the alarm triggers. Introduced as ADT Live Light, this new feature helps beckon emergency services at times when each second counts. Your Trenton home will be easier to spot day or night, specifically in low visibility or poor weather conditions. Here's a bit more about the stunning new ADT sign: * Automatically shines any time the alarm goes off * You can switch it on whenever you wish in the ADT+ app * Increases visibility and deterrence, indicating your home is secured * Designed to work reliably in wet, cold, and hot conditions Requirements for using ADT Live Light: * Wi-Fi and Bluetooth * ADT professional monitoring * ADT+ app * AA L91 lithium batteries (3), included Get more reliable protection in Trenton from ADT. Trusted by families for more than 150 years, ADT is the top name in home security and the wise choice for your Trenton home and family. You'll benefit from modern equipment and the nation's biggest monitoring network. Contact Secure24 Alarm Systems, your local authorized ADT dealer, to learn more about the new features and find the ideal package for your family. Take the home security cost quiz to get instant ADT package options.