Quarterly ResultAug 12, 2026, 04:48 PM
Resideo Q2 Net Income $97M, Revenue $1.98B; ADI Spin-Off Completed
AI Summary
Resideo Technologies reported a net income of $97 million for the three months ended July 4, 2026, a significant improvement from a net loss of $825 million in the prior year. Revenue for the quarter increased to $1.98 billion. For the six months, net income was $135 million on revenue of $3.89 billion. The company also completed the spin-off of its ADI Global Distribution business on August 3, 2026, making ADIG an independent public company.
Key Highlights
- Q2 2026 Net Income: $97M, a significant turnaround from -$825M in Q2 2025.
- Q2 2026 Revenue: $1.981B, up from $1.943B in Q2 2025.
- H1 2026 Net Income: $135M, compared to -$819M in H1 2025.
- H1 2026 Revenue: $3.893B, up from $3.713B in H1 2025.
- Completed spin-off of ADI Global Distribution business on August 3, 2026.
- Products and Solutions segment Q2 revenue: $695M, up from $666M YoY.
- ADI Global Distribution segment Q2 revenue: $1.286B, up from $1.277M YoY.
- Long-term debt increased to $3.560B from $3.167B as of December 31, 2025.
Price Impact
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