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ADT ADT Contract Liabilities

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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:ContractWithCustomerLiabilityNoncurrent.

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
Line itemMarch 31, 2026December 31, 2025
Accrued expenses and other current liabilities397,108352,040
Total current liabilities1,066,5031,012,948
Long-term debt7,359,7227,379,430
Deferred subscriber acquisition revenue2,079,4492,083,580
Deferred tax liabilities1,286,6651,267,329
Other liabilities320,517296,614
Total liabilities12,112,85612,039,901
Commitments and contingencies (See Note 12)

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is ADT's contract liabilities?
ADT (ADT) reported contract liabilities of $2.08B in Q1 2026.
How has ADT's contract liabilities changed year-over-year?
ADT's contract liabilities increased by 0.0% year-over-year, from $2.08B to $2.08B.
What is the long-term trend for ADT's contract liabilities?
Over 5 years (2020 to 2025), ADT's contract liabilities has grown at a 20.1% compound annual growth rate (CAGR), from $832.17M to $2.08B.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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