Quarterly report [Sections 13 or 15(d)]

REVENUE (Tables)

v3.25.1
REVENUE (Tables)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue by Major Geographic Area, and by Significant Product and Service Offerings
Revenue, classified by the major geographic areas in which our customers are located, was as follows:
Three Months Ended
March 31,
(in thousands) 2025 2024
United States $ 763,350  $ 693,860 
Other countries 59,154  54,489 
Total Revenues $ 822,504  $ 748,349 
Revenue from external customers, classified by significant product and service offerings, was as follows:
Three Months Ended
March 31,
(in thousands) 2025 2024
Residential revenue $ 356,313  $ 329,338 
Commercial revenue 284,357  258,114 
Termite completions, bait monitoring, & renewals 172,130  152,060 
Franchise revenues 3,770  3,961 
Other revenues 5,934  4,876 
Total Revenues $ 822,504  $ 748,349 
Schedule of Changes in Unearned Revenue Changes in unearned revenue were as follows:
Three Months Ended
March 31,
(in thousands) 2025 2024
Beginning balance $ 223,872  $ 210,059 
Deferral of unearned revenue 76,506  74,796 
Recognition of unearned revenue (67,013) (61,888)
Ending balance $ 233,365  $ 222,967