The record starts accreting with the next priced report.
2-quarter memory
Revenue flow
Q2 FY2026 as filed · change vs Q1 FY2026
ADT kept 11.72% of Q2 FY2026 revenue as profit. Revenue +2.64% on Q1 FY2026, +1.96% on Q2 FY2025.
Revenue
$1.3B▲ +2.64% q/q
Gross profit
$1.0B▲ +1.26% q/q
79.92% margin
Cost of revenue
$264M▲ +8.52% q/q
Operating income
$316M▼ −2.93% q/q
24.07% margin
Operating expenses
$733M▲ +3.18% q/q
SG&A $386M
Depreciation $347M
Pre-tax income
$216M▼ −5.09% q/q
Net income
$154M▼ −8.63% q/q
11.72% margin
Tax
$61M▲ +4.65% q/q
Other expense
$100M
Revenue$1.3B
Gross profit$1.0B79.92%
Operating income$316M24.07%
Pre-tax income$216M
Net income$154M11.72%
Cost of revenue
$264M · 20.08%
Operating expenses
$733M · 55.84%
Tax
$61M · 4.63%
Other expense leaves
$100M · 7.62%
Standardized lines from ADT’s own filing for the quarter ended Jun 30 '26. Ribbon thickness is the dollar amount.
Positioning
6 expiries · as of the Sep 16 close
Contracts already committed, not just traded today. Puts against calls, sized by expiry.
869
▲ 7%
Sep 18
2d
▼ 6%
483
14
▲ 1300%
Oct 16
30d
▲ 2120%
222
700
▲ 5%
Nov 20
65d
▲ 3%
2,413
332
▲ 2%
Dec 18
93d
▲ 231%
4,435
160
▲ 2%
Jan 15
121d
▲ 1%
694
28
▲ 17%
Feb 19
156d
▲ 9%
514
putscalls
Event sensitivity
release-day history · not a forecast
GDPgross domestic product1.1×up 13 of 17±1.6% vs ±1.4% · 17
NFPjobs report1.0×up 2 of 8±1.4% vs ±1.4% · 8
FOMCrate decision1.0×up 12 of 24±1.4% vs ±1.4% · 24
PPIproducer prices0.9×up 6 of 9±1.3% vs ±1.4% · 9
PCEpersonal income & outlays0.9×up 12 of 17±1.3% vs ±1.4% · 17
CPIconsumer prices0.7×up 2 of 9±1.0% vs ±1.4% · 9
CPROFcorporate profits0.7×up 5 of 10±1.0% vs ±1.4% · 10
How ADT has moved on past release days against its ordinary ±1.4% day, and how often it closed up. Measured from our own stored closes. History, not a forecast; kinds with fewer than six past releases are omitted rather than shown thin.