REVENUE (Tables)
|
9 Months Ended |
Sep. 30, 2025 |
|---|
| Revenue from Contract with Customer [Abstract] |
|
| Schedule of Revenue by Major Geographic Areas |
Revenue, classified by the major geographic areas in which our customers are located, was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
September 30, |
|
Nine Months Ended
September 30, |
|
|
| (in thousands) |
2025 |
|
2024 |
|
2025 |
|
2024 |
|
|
|
|
| United States |
$ |
952,677
|
|
|
$ |
850,253 |
|
|
$ |
2,643,928
|
|
|
$ |
2,371,952 |
|
|
|
|
|
| Other countries |
73,429
|
|
|
66,017 |
|
|
204,209
|
|
|
184,587 |
|
|
|
|
|
| Total revenues |
$ |
1,026,106
|
|
|
$ |
916,270 |
|
|
$ |
2,848,137
|
|
|
$ |
2,556,539 |
|
|
|
|
|
Revenue from external customers, classified by significant service offering, was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
September 30, |
|
Nine Months Ended
September 30, |
|
|
| (in thousands) |
2025 |
|
2024 |
|
2025 |
|
2024 |
|
|
|
|
| Residential revenues |
$ |
476,271
|
|
|
$ |
428,290 |
|
|
$ |
1,288,249
|
|
|
$ |
1,166,042 |
|
|
|
|
|
| Commercial revenues |
334,956
|
|
|
299,633 |
|
|
939,803
|
|
|
845,517 |
|
|
|
|
|
| Termite and ancillary revenues |
204,670
|
|
|
177,674 |
|
|
588,655
|
|
|
515,758 |
|
|
|
|
|
| Franchise revenues |
4,312
|
|
|
4,282 |
|
|
11,990
|
|
|
12,688 |
|
|
|
|
|
| Other revenues |
5,897
|
|
|
6,391 |
|
|
19,440
|
|
|
16,534 |
|
|
|
|
|
| Total revenues |
$ |
1,026,106
|
|
|
$ |
916,270 |
|
|
$ |
2,848,137
|
|
|
$ |
2,556,539 |
|
|
|
|
|
|
| Schedule of Revenues from External Customers, Classified by Significant Service Offerings |
Revenue, classified by the major geographic areas in which our customers are located, was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
September 30, |
|
Nine Months Ended
September 30, |
|
|
| (in thousands) |
2025 |
|
2024 |
|
2025 |
|
2024 |
|
|
|
|
| United States |
$ |
952,677
|
|
|
$ |
850,253 |
|
|
$ |
2,643,928
|
|
|
$ |
2,371,952 |
|
|
|
|
|
| Other countries |
73,429
|
|
|
66,017 |
|
|
204,209
|
|
|
184,587 |
|
|
|
|
|
| Total revenues |
$ |
1,026,106
|
|
|
$ |
916,270 |
|
|
$ |
2,848,137
|
|
|
$ |
2,556,539 |
|
|
|
|
|
Revenue from external customers, classified by significant service offering, was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
September 30, |
|
Nine Months Ended
September 30, |
|
|
| (in thousands) |
2025 |
|
2024 |
|
2025 |
|
2024 |
|
|
|
|
| Residential revenues |
$ |
476,271
|
|
|
$ |
428,290 |
|
|
$ |
1,288,249
|
|
|
$ |
1,166,042 |
|
|
|
|
|
| Commercial revenues |
334,956
|
|
|
299,633 |
|
|
939,803
|
|
|
845,517 |
|
|
|
|
|
| Termite and ancillary revenues |
204,670
|
|
|
177,674 |
|
|
588,655
|
|
|
515,758 |
|
|
|
|
|
| Franchise revenues |
4,312
|
|
|
4,282 |
|
|
11,990
|
|
|
12,688 |
|
|
|
|
|
| Other revenues |
5,897
|
|
|
6,391 |
|
|
19,440
|
|
|
16,534 |
|
|
|
|
|
| Total revenues |
$ |
1,026,106
|
|
|
$ |
916,270 |
|
|
$ |
2,848,137
|
|
|
$ |
2,556,539 |
|
|
|
|
|
|
| Schedule of Changes in Unearned Revenue |
Changes in unearned revenue were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
September 30, |
|
Nine Months Ended
September 30, |
| (in thousands) |
2025 |
|
2024 |
|
2025 |
|
2024 |
| Beginning balance |
$ |
243,459
|
|
|
$ |
233,899 |
|
|
$ |
223,872
|
|
|
$ |
210,059 |
|
| Deferral of unearned revenue |
71,100
|
|
|
69,980 |
|
|
226,581
|
|
|
219,145 |
|
| Recognition of unearned revenue |
(69,881) |
|
|
(63,819) |
|
|
(205,775) |
|
|
(189,144) |
|
| Ending balance |
$ |
244,678
|
|
|
$ |
240,060 |
|
|
$ |
244,678
|
|
|
$ |
240,060 |
|
|