Earnings summaries and quarterly performance for RESIDEO TECHNOLOGIES.
Executive leadership at RESIDEO TECHNOLOGIES.
Jay Geldmacher
Detailed
President and Chief Executive Officer
CEO
Jeannine Lane
Detailed
Executive Vice President, General Counsel & Corporate Secretary
Jeffrey Kutz
Detailed
Senior Vice President, Chief Accounting Officer
Michael Carlet
Detailed
Executive Vice President, Chief Financial Officer
Robert Aarnes
Detailed
President, ADI Global Distribution
Stephen Kelly
Detailed
Executive Vice President and Chief Human Resources Officer
Tom Surran
Detailed
President, Products & Solutions
Board of directors at RESIDEO TECHNOLOGIES.
Andrew Teich
Detailed
Chairman of the Board
Brian Kushner
Detailed
Director
Cynthia Hostetler
Detailed
Director
Jack Lazar
Detailed
Director
John Stroup
Detailed
Director
Kareem Yusuf
Detailed
Director
Nathan Sleeper
Detailed
Director
Nina Richardson
Detailed
Director
Paul Deninger
Detailed
Director
Sharon Wienbar
Detailed
Director
Research analysts who have asked questions during RESIDEO TECHNOLOGIES earnings calls.
Erik Woodring
Morgan Stanley
6 questions for REZI
Also covers: AAPL, CDW, CRCT +19 more
Ian A. Zaffino
Oppenheimer
2 questions for REZI
Ian Zaffino
Oppenheimer & Co. Inc.
2 questions for REZI
Also covers: ACA, ALSN, ARMK +18 more
Neil Metellia
Jefferies
2 questions for REZI
Amit Daryanani
Evercore
1 question for REZI
Also covers: AAPL, AKAM, ANET +22 more
Chan Park
Evercore ISI
1 question for REZI
Cory Carpenter
JPMorgan Chase & Co.
1 question for REZI
Also covers: ANGI, APP, BMBL +16 more
Isaac Sellhausen
Oppenheimer & Co. Inc.
1 question for REZI
Also covers: ALSN, ATSG, CCSI +9 more
Michael Fisher
Evercore ISI
1 question for REZI
Also covers: COMM, KRMN
Recent press releases and 8-K filings for REZI.
Resideo Settles Honeywell Liability and Announces ADI Spin-off
REZI
New Projects/Investments
Debt Issuance
CEO Change
- Resideo settled its Indemnification and Reimbursement Agreement (IRA) liability with Honeywell for $1.625 billion, converting it into a Term Loan B and removing a significant financial burden and investor concern.
- The company announced the planned spin-off of its ADI distribution segment, expected by the second half of 2026, to allow both the Products and Solutions (P&S) and ADI businesses to operate independently and attract distinct investor bases.
- Upon separation, Rob Aarnes will become CEO of ADI and Tom Surran will become CEO of Products and Solutions, while current CEO Jay intends to retire.
- The Products and Solutions segment targets low-to-mid single-digit organic revenue growth and expects 300-500 basis points gross margin expansion (from 43%) and a 25% Adjusted EBITDA margin. The ADI segment aims for mid-to-high single-digit organic growth and a 10% Adjusted EBITDA margin (from 6%-7%).
- Integration of the Snap One acquisition is ahead of schedule, with the company on track to achieve $75 million in run-rate synergies by the end of year three (around 2027).
Dec 9, 2025, 4:20 PM
Resideo Settles Honeywell Liability and Announces ADI Spinoff
REZI
M&A
CEO Change
New Projects/Investments
- Resideo settled its Indemnification and Reimbursement Agreement (IRA) with Honeywell for $1.625 billion, converting the complex liability into a Term Loan B.
- The company announced the spinoff of its ADI distribution segment, with the separation expected by the second half of 2026.
- Upon separation, current ADI leader Rob Aarnes and P&S leader Tom Surran will become CEOs of their respective businesses, while current CEO Jay is set to retire.
- The Products & Security (P&S) segment is projected for low single-digit to mid-single-digit organic revenue growth with a path to 300-500 basis points gross margin expansion from its current 43%. The ADI segment targets mid-single-digit to high-single-digit organic growth and aims for a 10% adjusted EBITDA margin from its current 6%-7%.
- The integration of the Snap One acquisition is progressing well, with ADI tracking ahead of its $75 million run rate synergy target by the exit of year three (2027).
Dec 9, 2025, 4:20 PM
Resideo Settles Honeywell Liability and Announces ADI Spinoff
REZI
M&A
CEO Change
Debt Issuance
- Resideo settled its Indemnification and Reimbursement Agreement (IRA) with Honeywell for $1.625 billion, converting the liability into a Term Loan B.
- The company announced the spinoff of its ADI distribution segment from its Products & Security (P&S) business, with the separation targeted for the second half of 2026.
- Upon separation, current segment leaders Rob Aarnes (ADI) and Tom Surran (P&S) will become CEOs of their respective businesses, and current CEO Jay intends to retire.
- The Products & Security business is projected for low to mid-single-digit organic revenue growth and aims for 300-500 basis points of gross margin expansion over the next three to five years from its current 43% gross margin.
- The ADI distribution business is expected to achieve mid to high-single-digit organic growth and targets a 10% adjusted EBITDA margin from its current 6%-7%.
Dec 9, 2025, 4:20 PM
Resideo Technologies Announces New Product, Q3 Earnings, and Grid Services Acquisition
REZI
Product Launch
M&A
Earnings
- Resideo Technologies launched the Honeywell Home X8S smart thermostat, retailing at $219.99, which includes features like live video streaming from compatible doorbell cameras and indoor air quality monitoring.
- EnergyHub acquired Resideo Grid Services to consolidate their positions in the distributed energy resource (DER) management and virtual power plant (VPP) markets, managing over 2.5 million DERs. This acquisition aims to enhance VPP scalability and accelerate the transition to a carbon-free grid.
- Resideo Technologies reported Q3 2025 earnings per share of $0.89, exceeding expectations by 23.61%, although it slightly missed its revenue forecast.
Dec 2, 2025, 10:33 PM
ADI Global Distribution Outlines Growth Strategy and Post-Spin Future
REZI
M&A
New Projects/Investments
CEO Change
- Rob Aarnes has been named CEO of ADI Global Distribution post-spin, a business that has more than doubled its size and EBITDA since 2013 and is the number one global distributor of low-voltage security and AV products worldwide.
- The acquisition and integration of Snap One is considered a "slam dunk," creating cross-selling opportunities and providing access to exclusive brands with 2.5X the gross margin.
- ADI is making significant investments in omnichannel and e-commerce capabilities, aiming for over 60-65% "touchless revenue" in the next five years to enhance customer experience, improve margins, and increase productivity.
- Following its separation from Resideo, expected in the second half of 2026, ADI will have strategic focus and increased capital allocation for organic growth and M&A, with a strong interest in DataCom acquisitions.
Nov 18, 2025, 1:00 PM
REZI (ADI) Outlines Growth Strategy, Snap One Integration, and Future M&A Focus
REZI
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- The commercial security industry demonstrates resiliency with low single-digit growth, driven by technology advancements and "rip and replace" cycles, with ADI growing above this rate.
- The strategic acquisition of Snap One is projected to deliver $75 million in synergies by 2027, contributing to a goal of increasing EBIT margins from approximately 6% to low double digits within three to five years.
- Growth and margin expansion are further supported by plans to elevate "touchless revenue" (e-commerce, EDI) from 25% to over 60-65% within five years, which provides higher gross margins, and by leveraging a newly launched ERP system for modernization and faster M&A integration.
- The company's M&A strategy is concentrated on high-growth sectors like DataCom (including data centers) and ProAV, which are currently experiencing double-digit growth, as well as technology investments to enhance product development and services.
Nov 18, 2025, 1:00 PM
ADI Global Distribution Outlines Growth Strategy and Post-Spin Plans
REZI
M&A
New Projects/Investments
CEO Change
- Rob Aarnes has been appointed CEO of ADI Global Distribution post-spin, leading a business that has more than doubled in size (top and bottom line) since 2013.
- ADI, the number one Global Distributor of Low-voltage Security and AV products worldwide, is heavily investing in its Omnichannel experience and digitization to drive future growth.
- The acquisition of Snap One is projected to yield $75 million in synergies by 2027 and is a key driver for increasing EBIT margins from 6% to low double digits within three to five years.
- The planned spin-off from Resideo, expected in the second half of 2026, will allow ADI to strategically focus capital on organic growth, particularly in DataCom, and pursue M&A opportunities.
Nov 18, 2025, 1:00 PM
Resideo Announces Strategic Separation and Updates 2025 Outlook
REZI
Guidance Update
M&A
- Resideo is separating its Products & Solutions (P&S) and ADI Global Distribution businesses into two independent publicly traded companies, aiming to enhance focus and shareholder value.
- The company revised its 2025 outlook as of November 5, 2025, projecting a midpoint of $7,450 million in Net Revenue and $825 million in Adjusted EBITDA, a decrease from the August 5, 2025 outlook of $7,500 million and $865 million, respectively.
- This downward revision is primarily due to estimated Q4 2025 ERP impacts and Q3 and Q4 2025 HVAC impacts, which are expected to reduce Adjusted EBITDA by approximately $8 million, $8 million, and $30 million respectively.
- For the last twelve months (LTM) ended September 27, 2025, Resideo reported $7.44 billion in Net Revenue and a 10.7% Adjusted EBITDA Margin. The company also anticipates a $70 million benefit in 2026 from terminating the Indemnification Agreement with Honeywell.
Nov 12, 2025, 10:40 PM
Resideo discusses business separation, Q4 guidance reduction, and future outlook
REZI
Guidance Update
M&A
Demand Weakening
- Resideo is actively pursuing the separation of its Products & Solutions (P&S) and ADI business segments, with the goal of completing the spin-off by the second half of next year, enabled by the recent settlement of an environmental liability with Honeywell.
- The company reduced its Q4 guidance due to an unexpected $15 million EBITDA impact from ERP system implementation issues at ADI extending into Q4, and a 13% year-over-year decrease in its air products business in Q3, attributed to HVAC channel inventory adjustments, which is anticipated to persist into Q4.
- Resideo expects both P&S and ADI to be strong free cash flow generators post-separation, with current leverage prorated to each business, and aims for double-digit operating margins within three to five years through operational efficiencies, exclusive brand growth, and new product introductions.
Nov 12, 2025, 10:40 PM
Resideo Reports Record Q3 2025 Adjusted EBITDA and EPS, Updates 2025 Outlook, and Progresses Towards Spin-Off
REZI
Earnings
Guidance Update
M&A
- Resideo reported record high adjusted EBITDA of $229 million and adjusted EPS of $0.89 for Q3 2025, with total net revenue reaching $1.86 billion, a 2% year-over-year increase.
- The termination of the Honeywell indemnification agreement significantly contributed to the higher net income and a one-time tax benefit, boosting adjusted EPS above the outlook range.
- Both ADI and Products and Solutions (P&S) segments achieved low single-digit organic revenue growth and expanded gross margins year over year. ADI's recent ERP implementation caused temporary operational headwinds, but is now running smoothly.
- The company issued a revised full-year 2025 outlook, projecting total net revenue between $7.43 billion and $7.47 billion, adjusted EBITDA between $818 million and $832 million, and adjusted EPS between $2.57 and $2.67.
- The planned separation of P&S and ADI into independent companies is on track for completion in the second half of 2026, with Rob Aarnes and Tom Surran appointed as future CEOs of the respective entities.
Nov 5, 2025, 10:00 PM
Quarterly earnings call transcripts for RESIDEO TECHNOLOGIES.
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