earnings
confidence high
sentiment positive
materiality 0.85
Resideo Q3 net income up 680% to $156M; adjusted EPS $0.89 beats outlook; announces CEOs for separation
RESIDEO TECHNOLOGIES, INC.
2025-Q3 EPS
reported -$4.62
vs consensus $0.72
▼ miss
(-737.9%)
- Net revenue $1.86B (+2% YoY); record gross margin 29.8% (+110bps); record net income $156M (+680%).
- Adjusted EBITDA $229M (+21% YoY); adjusted EPS $0.89 exceeds high-end of outlook range.
- P&S net revenue $661M (+2%), gross margin 43.0%; ADI net revenue also +2%.
- Rob Aarnes (ADI) and Tom Surran (P&S) to become CEOs upon separation, expected H2 2026.
- Cash used in ops $1.57B includes $1.59B payment to Honeywell; adjusted cash provided by ops $19M.