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ADT ADT Payments for Subscriber System Assets and Bulk Account Purchases

Payments for Subscriber System Assets and Bulk Account Purchases at other companies

WEC Energy Group logo
WEC Energy GroupWEC
$0-100%
Wingstop logo
WingstopWING
$0-100%
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WEC Energy GroupWEC
$0-100%
CHE
ChemedCHE
$37.86M+175%
Akamai Technologies logo
Akamai TechnologiesAKAM
$0-100%
PBF Energy logo
PBF EnergyPBF
$23.2M+58.9%

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$5B-22.7%
Enterprise value$12.97B-11.3%
P/E-3.8×
P/S-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 adt:PaymentsforSubscriberSystemAssetsandBulkAccountPurchases.

The official record: ADT’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ADT's payments for subscriber system assets and bulk account purchases?
ADT (ADT) reported payments for subscriber system assets and bulk account purchases of $99M in Q4 2025.
How has ADT's payments for subscriber system assets and bulk account purchases changed year-over-year?
ADT's payments for subscriber system assets and bulk account purchases decreased by 24.3% year-over-year, from $130.79M to $99M.
What is the long-term trend for ADT's payments for subscriber system assets and bulk account purchases?
Over 4 years (2021 to 2025), ADT's payments for subscriber system assets and bulk account purchases has grown at a -13.1% compound annual growth rate (CAGR), from $694.68M to $395.99M.
What does payments for subscriber system assets and bulk account purchases mean?
This represents the cash outflows associated with the acquisition of security system hardware and the purchase of existing customer account portfolios from third-party dealers. It reflects the company's strategy for scaling its subscriber base through capital-intensive asset acquisition rather than purely organic growth. Monitoring this metric helps investors assess the efficiency of customer acquisition costs and the long-term investment required to maintain the recurring revenue base.