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Segment Information | 12 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
Segment Information | SEGMENT INFORMATION The Company reports results in a single operating and reportable segment. The Company’s CODM is its Chairman, President, and Chief Executive Officer. The CODM evaluates performance and allocates resources on a consolidated basis using various measures primarily through reviews of operational performance packages, earnings releases, investor presentations, and the Company’s SEC filings, as well as through the approval of the Company’s annual budget and forecast. The Company’s reported segment profit measure is net income (loss) as this measure is most consistent with the amounts included in the Consolidated Statements of Operations. In addition, segment assets reviewed by the CODM are reported on the Company’s Consolidated Balance Sheets as total assets. The accounting policies of the Company’s reportable segment are the same as those of the Company. The following presents a reconciliation to the Company’s net income (loss) as reported in the Consolidated Statements of Operations and includes segment revenues, significant segment expenses that are regularly provided to or easily computed from information regularly provided to the CODM, other segment expenses, and adjustments to reconcile to net income (loss).
|  | Years Ended December 31,
(in thousands) |  | 2025 |  | 2024 |  | 2023
Total segment revenue |  | $ | 5,128,607 |  |  | $ | 4,898,446 |  |  | $ | 4,652,824 |
Less significant segment expenses: |  |  |  |  |  |
Customer service costs(1) |  | 432,963 |  |  | 409,680 |  |  | 387,314 |
Maintenance costs(1) |  | 209,307 |  |  | 207,706 |  |  | 217,054 |
Security installation, product, and other costs |  | 340,702 |  |  | 229,728 |  |  | 147,314 |
Selling costs, including commissions(2) |  | 183,663 |  |  | 185,417 |  |  | 196,204 |
Amortization of deferred subscriber acquisition costs(2) |  | 252,553 |  |  | 224,647 |  |  | 188,222 |
Advertising costs(2) |  | 97,820 |  |  | 105,366 |  |  | 131,133 |
Provision for credit losses(2) |  | 197,431 |  |  | 187,361 |  |  | 131,962 |
Other general and administrative costs(2) |  | 647,499 |  |  | 708,979 |  |  | 664,182 |
Share-based compensation(2) |  | 54,553 |  |  | 48,745 |  |  | 38,626 |
Depreciation and intangible asset amortization |  | 1,367,216 |  |  | 1,342,798 |  |  | 1,335,484 |
Interest expense |  | 469,909 |  |  | 450,939 |  |  | 586,088 |
Income tax expense (benefit) |  | 233,294 |  |  | 195,780 |  |  | 160,585 |
Total significant segment expenses |  | 4,486,910 |  |  | 4,297,146 |  |  | 4,184,168 |
Less other segment items(3): |  |  |  |  |  |
Other items in SG&A(2) |  | 35,999 |  |  | 39,955 |  |  | 36,368 |
Other, net |  | 5,180 |  |  | (58,045) |  |  | (18,082) |
Total other segment items |  | 41,179 |  |  | (18,090) |  |  | 18,286 |
Reconciliation of profit or loss: |  |  |  |  |  |
(Income) loss from discontinued operations, net of tax(4) |  | 4,567 |  |  | 118,337 |  |  | (12,639) |
Net income (loss) |  | $ | 595,951 |  |  | $ | 501,053 |  |  | $ | 463,009 |
________________ (1)Included in monitoring and related services cost of revenue in the Consolidated Statements of Operations. (2)Included in SG&A in the Consolidated Statements of Operations. (3)Other segment items generally include other income and expenses, interest income, and certain other items included in SG&A that are not considered significant segment expenses. Interest income is not material for the periods presented. (4)Represents activity related to the Commercial and Solar Businesses (as applicable during the periods), which are presented as discontinued operations. Entity-Wide Disclosures Revenue generated from customers outside of the U.S. is not material. As of December 31, 2025 and 2024, substantially all of the Company’s assets were located in the U.S. The Company does not have any major customers given the high volume nature of the business. Refer to Note 2 “Revenue and Receivables” for further information on the Company’s products and services.

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- Definition The entire disclosure for reporting segments including data and tables. 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