---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-040196"
form_type: "8-K"
ticker: "REZI"
cik: "0001740332"
company_name: "RESIDEO TECHNOLOGIES, INC."
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T11:45:07.178823+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Resideo posts record FY2022 revenue $6.37B; cuts ~5% workforce for $70M annual savings

## Summary
- FY2022 revenue $6.37B (+9% YoY); net income $283M ($1.90 EPS) vs $242M ($1.63) prior year.
- Q4 revenue $1.56B (+7% YoY); net income $39M ($0.26 EPS) down from $67M ($0.45) in Q4 2021.
- Cost reduction actions: ~5% global workforce reduction, $70M annualized savings expected; $35M restructuring charge in Q4 2022.
- Products & Solutions revenue $2.78B (+13% YoY); ADI revenue $3.59B (+6% YoY), operating profit up 17%.
- 2023 guidance: revenue $6.2-6.55B, EPS $1.85-2.15; Q1 revenue $1.52-1.56B, EPS $0.29-0.39.

## SEC filing metadata
- accession: 0001193125-23-040196
- form_type: 8-K
- ticker: REZI
- cik: 0001740332
- company_name: RESIDEO TECHNOLOGIES, INC.
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1740332/000119312523040196/0001193125-23-040196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1740332/000119312523040196/d382048d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-040196
- JSON: https://secwatch.observer/filing/0001193125-23-040196.json
- Plain text: https://secwatch.observer/filing/0001193125-23-040196.txt

## Key facts
- Earnings Releases
  RESIDEO TECHNOLOGIES, INC. reported the fourth quarter and full year ended December 31, 2022 results: revenue Record net revenue of $6.37 billion, EPS Fully diluted earnings per share of $1.90.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Revenue: Record net revenue of $6.37 billion
  - EPS: Fully diluted earnings per share of $1.90
  - Result: reported results
  source text: product categories, today announced financial results for the fourth quarter and full year ended December 31, 2022. Full Year 2022 Financial Highlights • Record net revenue of $6.37 billion, up 9% from $5.85 billion in 2021 • Gross profit margin of 27.7%, compared to 27.1% in the prior year • Record income from operations of $611 million, or 9.6% of revenue,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1740332/000119312523040196/0001193125-23-040196-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.