ADT(US:ADT)2025-11-04 15:00Financial Performance - Q3 2025 - Total revenue reached $13 billion, a 4% increase compared to Q3 2024[66, 68] - Adjusted EPS increased by 15% to $023[66, 68] - Adjusted EBITDA grew by 3% to $676 million, with a margin of 521%[66, 68] - Adjusted Free Cash Flow (including interest rate swaps) increased significantly by 32% to $208 million[66, 68] - The Net Leverage Ratio decreased slightly by 01x to 28x[66] Financial Performance - Year-to-Date Q3 2025 - Total revenue increased by 6% to $3852 billion[74] - Adjusted EBITDA increased by 4% to $2010 billion, with a margin of 522%[75, 76] - Adjusted EPS increased by 20% to $067[74, 77] - Adjusted Free Cash Flow (including interest rate swaps) increased significantly by 36% to $709 million[74] Key Metrics - The ending subscriber count was 63 million, a decrease of 1% year-over-year[79] - End of period RMR including wholesale increased by 1% to $362 million[79] - Gross RMR additions decreased by 15% to $125 million[79] - Gross unit additions decreased by 16% to 210K[79] - Gross revenue attrition increased by 20 bps to 130%[79] 2025 Guidance (Updated) - Total Revenue is projected to be between $5075 billion and $5175 billion, representing a 5% year-over-year growth[37, 85] - Adjusted EBITDA is expected to be between $2665 billion and $2715 billion, representing a 4% year-over-year growth[37, 85] - Adjusted EPS is projected to be between $085 and $089, representing a 16% year-over-year growth[85] - Adjusted Free Cash Flow (including interest rate swaps) is expected to be between $800 million and $900 million, representing a 14% year-over-year growth[37, 85]