secwatch.observer — SEC 8-K summary
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Issuer:     ADI GLOBAL DISTRIBUTION INC. (ADIG)
CIK:        0002105139
Form:       8-K
Filed at:   2026-08-13T11:26:06+00:00
Accession:  0001628280-26-056469
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADI Q2 2026: record revenue $1,286M, net income $6M vs loss, initiates FY26 outlook
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- Record Q2 net revenue $1,286M, up 1% YoY; average daily sales +2% YoY.
- Gross margin 22.7% (+50bps) helped by ~$20M tariff refunds; net income $6M vs $283M loss.
- Adjusted EBITDA $86M (6.7% of revenue), down from $95M (7.4%) YoY.
- Completed spin-off from Resideo; NYSE trading began Aug 4, 2026; ~$150M cash, $500M revolver.
- Initiates FY26 outlook: net revenue $4,950-5,000M, adjusted EBITDA $275-295M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2105139/000162828026056469/0001628280-26-056469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2105139/000162828026056469/adig-20260813.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-056469

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer