ADT · CIK 1703056
What ADT Inc. told the SEC could break it.
All three of ADT's flagged risks trace back to where its alarm equipment is made. Much of the end-user equipment it installs — including components, batteries and thermostats — is manufactured in China, Mexico and other countries, and it buys from a limited number of suppliers and distributors (mitigated by dual-sourcing where it can). That overseas reliance is mainly a trade-policy exposure: U.S. tariffs on China-made alarm components and electronics, some as high as 25%, have been passed through to ADT by its suppliers and raised its equipment costs, and new tariffs or counter-measures on those imports could do so again.
3 self-disclosed vulnerabilities, pulled from its own filings, each in the company’s words, with the source. This is the risk register almost nobody reads.
In its own words
What could break it.
Geographic concentration
- Chinamedium
Much of ADT's end-user equipment is manufactured in China, Mexico, or other countries, exposing it to tariffs and trade restrictions on those imports.
“Existing or new tariffs and other trade restrictions imposed on imports from China, Mexico, or other countries where much of our end-user equipment is manufactured, or any counter-measures taken in response, may harm our business and results of operations.”
Regulatory & policy
- China tariffsmedium
Tariffs on alarm equipment components and electronics manufactured in China (batteries, thermostats) — up to 25% — passed through to ADT by suppliers, raising costs.
“In the past, the U.S. federal government imposed tariffs on certain alarm equipment components manufactured in China, and on other categories of electronic equipment manufactured in China that we install in our customers' premises, such as batteries and thermostats. Certain of these tariffs were as high as 25% and such tariffs increased our costs for such equipment as a result of some or all of such new tariffs being passed on to us by our suppliers.”
Supplier concentration
- equipment and product componentslow
ADT buys equipment and product components from a limited number of suppliers and distributors, mitigated by dual-sourcing; has experienced supply-chain disruptions in recent years.
“We purchase equipment and product components from a limited number of suppliers and distributors. To minimize the risk of a disruption from any single supplier, we utilize dual sourcing methods whenever possible.”
SEC filing →As of 2026
The hidden graph
Who it depends on, and who depends on it.
Relationships surfaced from filings, including ones disclosed by the other side, which is how the non-obvious ones come to light.
Its suppliers
“ADT LLC, or ADT, represented greater than 15% but not more than 20% of our revenue in each of 2023, 2024 and 2025.”
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