Resideo Technologies(NYSE) REZI

Resideo Technologies, Inc. makes tools to keep homes safe and comfortable. These products help people manage heat, air, and security. The company also sells items to professional building contractors.

How Resideo Protects Your Home

• Products and Solutions: Home safety items like smoke detectors and temperature controls; generated $695 million in revenue during the three-month period ended July 4, 2026.
• ADI Global Distribution: Low-voltage products including security and audio-visual solutions for commercial markets; recorded $1.29 billion in revenue during the three-month period ended July 4, 2026.
• Residential Security: Video cameras and smart living tools that connect homeowners to their security systems and local networks.
• Professional Services: Cloud infrastructure and maintenance software for professional installers and integrators.

Reshaping the Business for the Future

• Completed the separation of the ADI Global Distribution segment through a tax-free spin-off on Aug. 3, 2026.
• Terminated a long-standing indemnification agreement with Honeywell on July 30, 2025.
• Settled and ended a Tax Matters Agreement with Honeywell in June 2026.
• Increased research and development spending by 26.3% during the six-month period ended July 4, 2026, to launch new products into the market.

Reaching Millions of Living Spaces

Resideo operates a global manufacturing footprint where a large portion of sensing and control products are made in Mexico. The company serves over 150 million residential and commercial spaces through an omnichannel platform and professional installer network.

Tracking the Latest Financial Results

• Revenue was $1.98 billion for the three-month period ended July 4, 2026, up 2.0% year over year.
• Gross profit margin rose to 30.0% in the three-month period ended July 4, 2026, compared to 29.3% in the prior year period.
• Net income reached $97 million for the three-month period ended July 4, 2026, compared to a net loss of $825 million in the second quarter of 2025.
• Cash and cash equivalents totaled $549 million as of July 4, 2026.

Refining the Long-Term Strategy

Resideo has transitioned from a former subsidiary into an independent manufacturer focusing on core home comfort and safety technology. The recent spin-off of its distribution business streamlines operations to focus on proprietary product development and manufacturing.