Resideo Reports Q2 Earnings with Revenue Growth and Spin-Off Completion
Resideo reported second-quarter revenue of $1,981 million in fiscal year 2026, a 2% increase driven by growth across its Products and Solutions segment as well as ADI Global Distribution. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose to $249 million, up 19%, partly due to tariff refunds of $27 million received during the quarter. The company completed the spin-off of its ADI Global Distribution segment on August 3, 2026. Resideo now operates as a standalone building technologies entity and provided updated guidance for full-year revenue between $2.9 billion and $2.95 billion under this new structure. However, management warned that rising input costs—such as semiconductors and metals—are expected to pressure gross margins in the second half of 2026. Resideo also highlighted a potential headwind from an OEM security customer shifting toward vertical integration, which could reduce revenue by $40 million to $50 million. Despite these challenges, Resideo reported strong operating cash flow and significant debt repayment activity during the quarter.
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