Earlier today, we issued a press release and an earnings presentation summarizing our results. Reconciliation to the most comparable GAAP measures are included in the earnings presentation on our website. These statements are subject to risks and uncertainties that are described in the earnings presentation and in our SEC filings. I'll turn the call over to Jeff to walk through our financial results and outlook in more detail.
We delivered a solid second quarter with continued strength in cash flow and disciplined execution across the business. Cash generation was again a highlight, with adjusted free cash flow, including interest rate swaps, up nearly 50% versus last year. ADT repurchased 29 million shares in connection with that secondary offering, reflecting our conviction in the value of our business and our disciplined approach to capital allocation. Total second quarter revenue grew 2% to $1.3 billion, and our end-of-period recurring monthly revenue was $360 million.
Based on our first half financial performance, we are modestly raising our full year outlook, which Jeff will describe in more detail later on our call. Subscriber and recurring revenue trends remain consistent with the first quarter, with softness in our dealer channel and relatively stronger performance in direct. As we've shared previously, the pipeline for quality bulks can be episodic, we'll continue to evaluate bulk and other acquisition opportunities with a focus on attractive economics. This includes balancing growth, retention, and cash generation in a way that drives long-term value creation.