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 June 30, | | Six Months Ended June 30, | | | (in thousands) | 2025 | | 2024 | | 2025 | | 2024 | | | | | United States | $ | 927,682 | | | $ | 827,839 | | | $ | 1,691,251 | | | $ | 1,521,699 | | | | | | Other countries | 71,845 | | | 64,081 | | | 130,780 | | | 118,570 | | | | | | Total revenues | $ | 999,527 | | | $ | 891,920 | | | $ | 1,822,031 | | | $ | 1,640,269 | | | | | |
Revenue from external customers, classified by significant product and service offerings, was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | (in thousands) | 2025 | | 2024 | | 2025 | | 2024 | | | | | Residential revenues | $ | 455,665 | | | $ | 408,414 | | | $ | 811,978 | | | $ | 737,752 | | | | | | Commercial revenues | 320,490 | | | 287,770 | | | 604,847 | | | 545,884 | | | | | | Termite and ancillary revenues | 211,855 | | | 186,024 | | | 383,985 | | | 338,084 | | | | | | Franchise revenues | 3,908 | | | 4,445 | | | 7,678 | | | 8,406 | | | | | | Other revenues | 7,609 | | | 5,267 | | | 13,543 | | | 10,143 | | | | | | Total revenues | $ | 999,527 | | | $ | 891,920 | | | $ | 1,822,031 | | | $ | 1,640,269 | | | | | |
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Schedule of Changes in Unearned Revenue |
Changes in unearned revenue were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | (in thousands) | 2025 | | 2024 | | 2025 | | 2024 | Beginning balance | $ | 233,365 | | | $ | 222,967 | | | $ | 223,872 | | | $ | 210,059 | | Deferral of unearned revenue | 78,975 | | | 74,369 | | | 155,481 | | | 149,165 | | Recognition of unearned revenue | (68,881) | | | (63,437) | | | (135,894) | | | (125,325) | | Ending balance | $ | 243,459 | | | $ | 233,899 | | | $ | 243,459 | | | $ | 233,899 | |
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