Resideo Technologies reported first-quarter 2026 results with revenue up 8% to $1.91B and net income of $38M, driven by price/mix gains, favorable foreign exchange and incremental sales days; diluted earnings per share were $0.17 versus ($0.02) a year earlier.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $1.91B | $1.77B | 8% |
| Net income² | $38M | $6M | 533.3% |
| Diluted EPS³ | $0.17 | ($0.02) | 950% |
¹ Reported as “Net revenue”. ² Reported as “Net income”. ³ Reported as “Earnings (loss) per common share”.
Business Highlights
- Revenue growth was driven by price/mix, favorable foreign exchange and incremental sales days.
- ADI Global Distribution grew 7.6%, supported by higher volumes and price/mix.
- Products & Solutions revenue rose 8.8%, with gains from price/mix offsetting lower volumes.
- Strength across branded offerings, including Honeywell Home, First Alert, BRK and Resideo, supported price/mix improvements.
- Ongoing transformation actions included workforce alignment, changes to the manufacturing footprint and restructuring; separation costs were incurred related to the announced tax-free spin-off of ADI Global Distribution expected in H2 2026.
Original SEC Filing: RESIDEO TECHNOLOGIES, INC. [ REZI ] – 10-Q – May. 12, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.
