← ADT Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | — | $122.9m | $363.2m | $48.7m | $205.0m | $24.5m | $257.2m | $14.6m | $96.2m | $80.8m | |
| Prepaid Expense and Other Assets, Current | — | $77.2m | $129.8m | $151.1m | $210.2m | $178.1m | $340.8m | $254.2m | $210.6m | $250.3m | |
| Cash and cash equivalents | — | $122.9m | $363.2m | $48.7m | $205.0m | $24.5m | $257.2m | $14.6m | $96.2m | $80.8m | |
| Restricted cash and restricted cash equivalents | — | $3.9m | $4.0m | $0 | $2.7m | $8.8m | $116.4m | $115.3m | $107.9m | $27.7m | |
| Accounts receivable, net of allowance for credit losses of $63,841 and $57,795, respectively | — | $148.8m | $245.7m | $287.2m | $336.0m | $442.2m | $597.3m | $390.5m | $393.5m | $384.9m | |
| Inventories, net | — | $85.7m | $89.2m | $104.2m | $174.8m | $277.3m | $329.5m | $223.7m | $196.7m | $201.8m | |
| Prepaid expenses and other current assets | — | $77.2m | $129.8m | $151.1m | $210.2m | $178.1m | $340.8m | $254.2m | $210.6m | $250.3m | |
| Assets, Current | — | $455.9m | $854.0m | $625.5m | $967.4m | $992.5m | $1.7b | $1.0b | $1.0b | $945.6m | |
| Total current assets | — | $455.9m | $854.0m | $625.5m | $967.4m | $992.5m | $1.7b | $1.0b | $1.0b | $945.6m | |
| Property, Plant and Equipment, Net | — | $332.4m | $326.6m | $328.7m | $325.7m | $364.1m | $376.0m | $283.2m | $247.2m | $243.4m | |
| Goodwill | — | $5.1b | $5.1b | $5.0b | $5.2b | $5.9b | $5.8b | $4.9b | $4.9b | $4.9b | |
| Intangible Assets, Net (Excluding Goodwill) | — | $7.9b | $7.5b | $6.7b | $5.9b | $5.4b | $5.1b | $4.9b | $4.9b | $4.8b | |
| Intangible assets, net | — | $7.9b | $7.5b | $6.7b | $5.9b | $5.4b | $5.1b | $4.9b | $4.9b | $4.8b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $122.5m | $138.4m | $125.9m | $128.5m | $91.7m | $80.8m | $83.9m | |
| Other Assets, Noncurrent | — | $124.0m | $120.3m | $247.5m | $363.6m | $462.9m | $723.6m | $713.0m | $735.3m | $683.3m | |
| Other assets | — | $124.0m | $120.3m | $247.5m | $363.6m | $462.9m | $723.6m | $713.0m | $735.3m | $683.3m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | — | $148.8m | $245.7m | $287.2m | $336.0m | $442.2m | $597.3m | $390.5m | $393.5m | $384.9m | |
| Accrued Liabilities, Current | — | $351.3m | $398.1m | $477.4m | $584.2m | $737.2m | $899.8m | $601.3m | $634.9m | $336.7m | |
| Subscriber system assets, net | — | $2.9b | $2.9b | $2.7b | $2.7b | $2.9b | $3.1b | $3.0b | $3.0b | $2.8b | |
| Deferred subscriber acquisition costs, net | — | $282.5m | $430.0m | $513.3m | $654.0m | $850.5m | $1.1b | $1.2b | $1.3b | $1.5b | |
| Deferred revenue | — | $309.2m | $334.9m | $342.4m | $345.6m | $373.5m | $402.7m | $264.4m | $247.8m | $243.7m | |
| Accrued expenses and other current liabilities | — | $351.3m | $398.1m | $477.4m | $584.2m | $737.2m | $899.8m | $601.3m | $634.9m | $336.7m | |
| Current liabilities of discontinued operations | — | — | — | — | — | — | $299.0m | $0 | $31.8m | $15.3m | |
| Other liabilities | — | $136.5m | $140.6m | $305.4m | $510.7m | $300.7m | $271.8m | $229.7m | $224.4m | $282.3m | |
| Noncurrent liabilities of discontinued operations | — | — | — | — | — | — | $106.3m | $0 | $15.9m | $14.4m | |
| Assets | — | $17.0b | $17.2b | $16.1b | $16.1b | $16.9b | $17.8b | $16.0b | $16.1b | $15.8b | |
| Total assets | — | $17.0b | $17.2b | $16.1b | $16.1b | $16.9b | $17.9b | $16.0b | $16.1b | $15.8b | |
| LIABILITIES AND EQUITY | |||||||||||
| Total liabilities and stockholders' equity | — | $17.0b | $17.2b | $16.1b | $16.1b | $16.9b | $17.9b | $16.0b | $16.1b | $15.8b | |
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $29.7m | $30.7m | $37.4m | $28.7m | $16.0m | $18.8m | $16.8m | |
| Accounts Payable, Current | — | $187.7m | $221.3m | $242.0m | $321.6m | $475.0m | $486.7m | $293.9m | $153.5m | $107.0m | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | $115.7m | $99.7m | $116.8m | $84.7m | $77.9m | $81.3m | |
| Dividends Payable, Current | — | — | — | — | — | — | — | — | $49 | $45 | |
| Long-term Debt, Current Maturities | — | $48.1m | $58.2m | $58.0m | $44.8m | $117.6m | $871.9m | $320.6m | $195.8m | $310.2m | |
| Long-term Debt, Excluding Current Maturities | — | $10.1b | $9.9b | $9.6b | $9.4b | $9.6b | $9.0b | $7.5b | $7.5b | $7.4b | |
| Current maturities of long-term debt | — | $48.1m | $58.2m | $58.0m | $44.8m | $117.6m | $871.9m | $320.6m | $195.8m | $310.2m | |
| Liabilities, Current | — | $896.3m | $1.0b | $1.1b | $1.3b | $1.7b | $2.7b | $1.5b | $1.3b | $1.0b | |
| Total current liabilities | — | $896.3m | $1.0b | $1.1b | $1.3b | $1.7b | $2.7b | $1.5b | $1.3b | $1.0b | |
| Deferred Income Tax Liabilities, Net | — | $1.4b | $1.3b | — | $990.9m | $867.2m | $893.0m | $1.0b | $1.2b | $1.3b | |
| Other Liabilities, Noncurrent | — | $136.5m | $140.6m | $305.4m | $510.7m | $300.7m | $271.8m | $229.7m | $224.4m | $282.3m | |
| Deferred tax liabilities | — | $1.4b | $1.3b | $1.2b | $990.9m | $867.2m | $904.6m | $1.0b | $1.2b | $1.3b | |
| Deferred Tax Liabilities, Net | — | $1.4b | $1.3b | $1.2b | $989.2m | $865.7m | $891.9m | $1.0b | $1.2b | $1.3b | |
| Liabilities | — | $13.6b | $13.0b | $12.9b | $13.1b | $13.6b | $14.4b | $12.2b | $12.3b | $12.0b | |
| Total liabilities | — | $13.6b | $13.0b | $12.9b | $13.1b | $13.6b | $14.4b | $12.2b | $12.3b | $12.0b | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | — | $2k | $7.7m | $7.5m | — | — | — | — | — | — | |
| Additional Paid in Capital | — | $4.4b | $6.0b | $6.0b | $6.6b | $7.3b | $7.4b | $7.4b | $7.1b | $6.7b | |
| Retained Earnings (Accumulated Deficit) | — | ($998.2m) | ($1.7b) | ($2.7b) | ($3.5b) | ($4.0b) | ($3.9b) | ($3.6b) | ($3.3b) | ($2.9b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | ($4.0m) | ($71.8m) | ($58.4m) | ($118.6m) | ($69.0m) | ($47.2m) | ($16.2m) | ($7.0m) | ($1.6m) | |
| Preferred stock—authorized 1,000,000 shares of $0.01 par value; zero issued and outstanding as of December 31, 2025 and 2024 | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock—authorized 3,999,000,000 shares of $0.01 par value; issued and outstanding shares of 765,201,157 and 836,589,761 as of December 31, 2025 and 2024, respectively | — | 2k | 7.7m | 7.5m | 8.3m | 9.0m | 9.2m | 9.2m | 8.9m | 8.2m | |
| Accumulated deficit | — | ($998.2m) | ($1.7b) | ($2.7b) | ($3.5b) | ($4.0b) | ($3.9b) | ($3.6b) | ($3.3b) | ($2.9b) | |
| Accumulated other comprehensive income (loss) | — | ($4.0m) | ($71.8m) | ($58.4m) | ($118.6m) | ($69.0m) | ($47.2m) | ($16.2m) | ($7.0m) | ($1.6m) | |
| Stockholders' Equity Attributable to Parent | — | $3.4b | $4.2b | $3.2b | $3.0b | $3.2b | $3.4b | $3.8b | $3.8b | $3.8b | |
| Total stockholders' equity | $3.8b | $3.4b | $4.2b | $3.2b | $3.0b | $3.2b | $3.4b | $3.8b | $3.8b | $3.8b | |
| Liabilities and Equity | — | $17.0b | $17.2b | $16.1b | $16.1b | $16.9b | $17.8b | $16.0b | $16.1b | $15.8b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.