Rollins Inc 2026年季度报告

CONDENSED CONSOLIDATED STATEMENTS OF INCOMEFOR THE THREE MONTHS ENDED MARCH31, 2026 AND 2025 CONDENSEDCONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITYFOR THE THREE MONTHS ENDED MARCH31, 2026 AND 2025 NOTE 1.BASIS OF PREPARATION Basis of Preparation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accountingprinciples generally accepted in the United States of America, or U.S. GAAP, the instructions to Form 10-Q and applicable sections ofSecurities and Exchange Commission ("SEC") regulation S-X, and therefore do not include all information and footnotes required byU.S. GAAP for complete financial statements. There have been no material changes in the Company’s significant accounting policies The Company’s condensed consolidated financial statements reflect estimates and assumptions made by management that affect thereported amounts of assets and liabilities and related disclosures as of the date of the condensed consolidated financial statements. TheCompany considered the impact of economic trends on the assumptions and estimates used in preparing the condensed consolidatedfinancial statements. In the opinion of management, all material adjustments necessary for a fair presentation of the Company’sfinancial results for the quarter have been made. These adjustments are of a normal recurring nature but complicated by the continued NOTE 2.RECENT ACCOUNTING PRONOUNCEMENTS Recently adopted accounting standards In July 2025, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update ("ASU") 2025-05, FinancialInstruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets. The guidanceprovides an optional practical expedient when applying the guidance related to the estimation of expected credit losses for currentaccounts receivable and current contract assets resulting from transactions arising from contracts with customers. The Company Accounting standards issued but not yet adopted In October 2023, the FASB issued ASU 2023-06, “Disclosure Improvements: Codification Amendments in Response to the SEC’sDisclosure Update and Simplification Initiative,” to amend certain disclosure and presentation requirements for a variety of topicswithin the Accounting Standards Codification ("ASC"). These amendments align the requirements in the ASC to the removal of certaindisclosure requirements set out in Regulation S-X and Regulation S-K, announced by the SEC. The effective date for each amendedtopic in the ASC is either the date on which the SEC’s removal of the related disclosure requirement from Regulation S-X or In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses (DISE), which requires additionaldisclosure of the nature of expenses included in the income statement in response to longstanding requests from investors for moreinformation about an entity’s expenses. The new standard requires disclosures about specific types of expenses included in the expensecaptions presented on the face of the income statement as well as disclosures about selling expenses. The guidance will be effective for ROLLINS, INC. AND SUBSIDIARIES In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40):Targeted Improvements to the Accounting for Internal-Use Software. The guidance modernizes and clarifies the threshold for when anentity is required to start capitalizing software costs and is based on when (i) management has authorized and committed to fundingthe software project and (ii) it is probable that the project will be completed and the software will be used to perform the functionintended. The amendments in ASU 2025-06 are effective for fiscal years beginning after December 15, 2027, and interim reporting In December 2025, the FASB issued ASU 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements. The updateimproves the guidance in Topic 270, Interim Reporting, by improving the navigability of the required interim disclosures andclarifying when that guidance is applicable. The amendments in ASU 2025-11 are effective for interim reporting periods within annualreporting periods beginning after December 15, 2027, with early adoption permitted. The amendments can be applied either In December 2025, the FASB issued ASU 2025-12, Codification Improvements (Evergreen). This evergreen project facilitatesCodification updates for a broad range of Topics arising from technical corrections, the unintended application of the Codification,clarifications, and other minor improvements. The Company is currently evaluating the impact that the adoption of this ASU will have NOTE 3.ACQUISITIONS 2026 Acquisitions The Company made three acquisitions during the three months ended March31, 2026. The aggregate preliminary values of majorclasses of assets acquired and liabilities assumed recorded at the dates