Financial research concept

Security Monitoring End-of-Period Recurring Monthly Revenue

measures monthly contractual recurring fees under monitoring and related-service contracts at a point in time.

By Lee BaileyPublished Sep 26, 2026

Research context

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Research date: Sep 26, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context: 17 connected conceptsPart of the reviewed Security Monitoring Subscription Economics; issuer definitions remain distinct where disclosed.
Company examples: 1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.

RMR is a run-rate KPI, not annual GAAP revenue
Flat RMR can hide offsetting drivers
Retention directly affects the recurring base
Part of the Security Monitoring Subscription Economics
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Security monitoring end-of-period recurring monthly revenue, or RMR, measures the monthly contractual recurring fees under active monitoring and related-service contracts at a reporting date.

ADT reported approximately $359 million of RMR at December 31, 2025.

RMR is a run-rate KPI, not annual GAAP revenue

RMR measures the contractual monthly revenue base at one point in time.

ADT separately recognized $4.216 billion of recurring monthly revenue during 2025. The annual revenue figure accumulates revenue throughout the year, while RMR is a period-end operating snapshot.

Multiplying year-end RMR by 12 can be useful as rough run-rate intuition, but it does not reproduce GAAP revenue because the customer base, prices, and mix change during the year.

Flat RMR can hide offsetting drivers

ADT said 2025 ending RMR was consistent with the prior year, reflecting the sale of its Multifamily business offset by higher average prices.

That makes RMR more informative when paired with subscriber count and pricing commentary rather than viewed as a simple growth statistic.

Retention directly affects the recurring base

ADT's gross customer revenue attrition measures RMR lost to cancellations relative to an average annualized RMR base.

RMR therefore sits at the center of both monetization and retention analysis.

Primary source: ADT 2025 Form 10-K.

Part of the Security Monitoring Subscription Economics

Connects monitoring subscriber scale and retention with recurring revenue, subscriber-acquisition investment, company-owned system economics, and the deferred and contracted revenue created by long-duration monitoring relationships.

Browse the full operating model in Company Analysis →

Where this concept fits

Subscriber base, recurring revenue, retention, and paybackCurrent relationship
Subscriber count supplies the installed base, RMR and recognized recurring revenue describe monetization, attrition measures recurring revenue lost, and payback connects the upfront acquisition investment to the revenue stream that recovers it.
End-of-Period RMRCurrent conceptGross Customer Revenue Attrition Monitoring and Related Services Revenue Recurring Monthly Revenue Revenue Payback Period Monitoring Subscriber Count
Subscriber acquisition and company-owned system investment
Dealer account purchases and contract additions acquire customer relationships, while subscriber system assets and deferred acquisition costs capitalize different parts of the investment required to create and support monitoring subscribers.
Customer Contract Additions Dealer-Generated Account Purchases Deferred Acquisition Cost Amortization Deferred Subscriber Acquisition Costs Subscriber System Asset Depreciation Subscriber System Asset Expenditures Subscriber System Assets
Installation, deferred fees, and contracted future service revenue
Outright-sale installation revenue is recognized differently from company-owned upfront fees, while deferred subscriber acquisition revenue and remaining performance obligations show how existing customer contracts feed later revenue recognition.
Deferred Subscriber Acquisition Revenue Deferred Acquisition Revenue Amortization Installation Revenue Monitoring Remaining Performance Obligations

See It in Company Research

These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.

ADTOpen operating-model research →17 of 17 reviewed concepts in Security Monitoring Subscription EconomicsSubscriber base, recurring revenue, retention, and payback6 of 6 bridge concepts supportedContinue through this bridge:Gross Customer Revenue Attrition Monitoring and Related Services Revenue Monitoring Subscriber Count Recurring Monthly Revenue Revenue Payback Period

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Compare contracted recurring run rate

Compare point-in-time recurring monthly revenue with subscriber scale, pricing, attrition, and recognized annual revenue.

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