earnings
confidence high
sentiment positive
materiality 0.85
Resideo Q2 revenue record $1.98B; completes ADI spin-off; names Shane Harrison CFO
RESIDEO TECHNOLOGIES, INC.
- Q2 2026 revenue $1.98B, up 2% YoY, a record and above high-end of outlook; P&S +4%, ADI +1%.
- Net income $97M vs net loss $825M a year ago; GAAP diluted EPS $0.51; Adjusted EPS $0.83, up 26% YoY.
- Adjusted EBITDA $249M, up 19% YoY, a record; gross margin 30.0%, a record high.
- ADI spin-off completed Aug 3, 2026: 1 ADIG share per 2 REZI shares (record date July 20, 2026); ADI becomes discontinued ops from Q3.
- Shane Harrison named CFO effective Sept 1, 2026; base salary $550K, $2M initial equity award, $400K sign-on bonus.
Featured in Daily 8-K Digest
Selected #9 for 2026-08-12.
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