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ADT ADT Reportable Segment — Provision for Credit Losses

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Other financials

Income statement

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Revenue$1.3B+0.9%
Operating income$325.4M+1.9%
Net income$168.4M+20.1%
EPS (diluted)$0.19+26.7%

Balance sheet

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Cash & equivalents$151.8M+66.5%
Total debt$8.1B-0.8%
Total equity$3.8B+5.0%
Total assets$15.9B+0.5%

Cash flow

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Operating cash flow$638.1M+36.7%
CapEx$48.9M+7.7%
Free cash flow$589.2M+39.9%

Valuation

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Market cap$5.59B-20.6%
Enterprise value$13.56B-14.8%
P/E-2.3×
P/S1.1×-0.3×

Profitability

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Operating margin25.6%+0.8pp
Net margin12.1%+1.1pp
FCF margin36.5%0.0pp

Returns & leverage

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Return on equity16.8%+1.9pp
Debt / equity2.1×-0.1×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by ADT in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: ADT’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001703056-26-000059
(in thousands)Three Months Ended March 31, 20262025
Selling costs, including commissions(2)44,89846,124
Amortization of deferred subscriber acquisition costs(2)67,44560,358
Advertising costs(2)21,73518,514
Provision for credit losses(2)68,98550,479
Other general and administrative costs(2)140,544167,539
Share-based compensation(2)13,62620,521
Depreciation and intangible asset amortization345,486339,517
Interest expense100,722123,170

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is ADT's reportable segment — provision for credit losses?
ADT (ADT) reported reportable segment — provision for credit losses of $68.99M in Q1 2026.
How has ADT's reportable segment — provision for credit losses changed year-over-year?
ADT's reportable segment — provision for credit losses increased by 36.7% year-over-year, from $50.48M to $68.99M.
What is the long-term trend for ADT's reportable segment — provision for credit losses?
Over 3 years (2022 to 2025), ADT's reportable segment — provision for credit losses has grown at a 34.2% compound annual growth rate (CAGR), from $81.73M to $197.43M.
What does reportable segment — provision for credit losses mean?
This metric represents the estimated expense for accounts receivable that are expected to be uncollectible from customers within the segment. It serves as a key indicator of credit risk and the quality of the segment's customer base. An increasing trend may suggest deteriorating economic conditions or weaknesses in the segment's credit underwriting standards.

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