Resideo Technologies, Inc. income statement
In fiscal 2025, Resideo Technologies, Inc. reported revenue of $7.47bn, up 10.5% on the year before, operating income of $607m (a 8.1% margin) and net income of −$527m, or −$3.77 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,455 | 4,519 | 4,827 | 4,988 | 5,071 | 5,846 | 6,370 | 6,242 | 6,761 | 7,472 | 7,652 |
| Cost of revenue | 3,090 | 3,203 | 3,402 | 3,711 | 3,727 | 4,262 | 4,604 | 4,546 | 4,860 | 5,276 | 5,390 |
| Gross profit | 1,365 | 1,316 | 1,425 | 1,277 | 1,344 | 1,584 | 1,766 | 1,696 | 1,901 | 2,196 | 2,262 |
| Research and development | — | — | — | 87 | 74 | 86 | 111 | 109 | 111 | 167 | 187 |
| Selling, general and administrative | 870 | 871 | 932 | 932 | 889 | 909 | 974 | 960 | 1,138 | 1,266 | 1,313 |
| Operating income | 530 | 445 | 493 | 258 | 311 | 559 | 611 | 547 | 520 | 607 | 527 |
| Interest expense | — | — | 20 | 69 | 63 | 48 | 54 | 65 | 81 | 135 | 179 |
| Net interest income | — | — | — | — | −63 | −47 | −54 | −65 | — | — | — |
| Income before tax | 310 | 166 | 104 | 71 | 101 | 353 | 418 | 313 | 221 | −457 | 487 |
| Income tax | 133 | 560 | −301 | 35 | 64 | 111 | 135 | 103 | 105 | 70 | 60 |
| Net income | 177 | −394 | 405 | 36 | 37 | 242 | 283 | 210 | 116 | −527 | 427 |
| Diluted EPS | $1.44 | −$3.22 | $3.30 | $0.29 | $0.29 | $1.63 | $1.90 | $1.42 | $0.61 | −$3.77 | $2.81 |
| Diluted shares (average) | 122m | 122m | 123m | 123m | 126m | 148m | 149m | 148m | 149m | 149m | 152m |
| EBITDA | 594 | 512 | 559 | 338 | 397 | 647 | 705 | 645 | 664 | 802 | 727 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Apr 2026 | 2026 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,828 | 1,858 | 1,770 | 1,943 | 1,864 | 1,895 | 1,912 | 1,981 |
| Cost of revenue | 1,304 | 1,328 | 1,259 | 1,374 | 1,308 | 1,335 | 1,361 | 1,386 |
| Gross profit | 524 | 530 | 511 | 569 | 556 | 560 | 551 | 595 |
| Research and development | 23 | 42 | 35 | 41 | 44 | 47 | 48 | 48 |
| Selling, general and administrative | 317 | 310 | 306 | 319 | 324 | 317 | 340 | 332 |
| Operating income | 126 | 144 | 136 | 177 | 154 | 140 | 102 | 131 |
| Interest expense | 27 | 26 | 25 | 24 | 37 | 49 | 47 | 46 |
| Income before tax | 44 | 45 | 15 | −738 | 110 | 156 | 55 | 166 |
| Income tax | 24 | 22 | 9 | 87 | −46 | 20 | 17 | 69 |
| Net income | 20 | 23 | 6 | −825 | 156 | 136 | 38 | 97 |
| Diluted EPS | $0.07 | $0.08 | −$0.02 | −$5.59 | $0.85 | $0.85 | $0.17 | $0.51 |
| EBITDA | 172 | 190 | 183 | 226 | 203 | 190 | 153 | 181 |
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