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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue $ 5,128,607 $ 4,898,446 $ 4,652,824
Total cost of revenue 982,972 847,114 751,682
Selling, general, and administrative expenses 1,469,518 1,500,470 1,386,697
Depreciation and intangible asset amortization 1,367,216 1,342,798 1,335,484
Operating income (loss) 1,308,901 1,208,064 1,178,961
Interest expense, net (459,266) (441,031) (569,915)
Other income (expense) (15,823) 48,137 (4,663)
Income (loss) from continuing operations before income taxes 833,812 815,170 604,383
Income tax benefit (expense) (233,294) (195,780) (160,585)
Income (loss) from continuing operations before equity in net earnings (losses) of equity method investee 600,518 619,390 443,798
Equity in net earnings (losses) of equity method investee 0 0 6,572
Income (loss) from continuing operations 600,518 619,390 450,370
Income (loss) from discontinued operations, net of tax (4,567) (118,337) 12,639
Net income (loss) $ 595,951 $ 501,053 $ 463,009
Common Stock      
Income (loss) from continuing operations per share - basic (in dollars per share) $ 0.72 $ 0.69 $ 0.49
Income (loss) from continuing operations per share - diluted (in dollars per share) 0.68 0.66 0.47
Net income (loss) per share - basic (in dollars per share) 0.72 0.56 0.51
Net income (loss) per share - diluted (in dollars per share) $ 0.67 $ 0.52 $ 0.48
Weighted-average shares outstanding - basic (in shares) 777,822 846,521 856,843
Weighted average shares outstanding - diluted (in shares) 841,176 908,700 919,149
Class B Common Stock      
Income (loss) from continuing operations per share - basic (in dollars per share) $ 0.72 $ 0.69 $ 0.49
Income (loss) from continuing operations per share - diluted (in dollars per share) 0.68 0.66 0.47
Net income (loss) per share - basic (in dollars per share) 0.72 0.56 0.51
Net income (loss) per share - diluted (in dollars per share) $ 0.67 $ 0.52 $ 0.48
Weighted-average shares outstanding - basic (in shares) 54,745 54,745 54,745
Weighted average shares outstanding - diluted (in shares) 54,745 54,745 54,745
Monitoring and related services      
Revenue $ 4,354,087 $ 4,293,477 $ 4,178,998
Total cost of revenue 642,270 617,386 604,368
Security installation, product, and other      
Revenue 774,520 604,969 473,826
Total cost of revenue $ 340,702 $ 229,728 $ 147,314