Resideo Records Q2 Revenue, Earnings Guidance Beats Analyst Forecasts

Resideo Technologies posted record second-quarter results in its first quarter as a standalone company. Revenue was $1.98 billion, up 2% year over year, with adjusted EBITDA of $249 million, up 19%, and adjusted earnings per share of $0.83, up 26%, above guidance. Gross margin hit a record 30.0%, up 70 basis points, helped by $27 million of tariff refunds. GAAP net income was $97 million against an $825 million net loss in the year-ago quarter, which carried large one-time charges.

"Standalone" is the operative word. Resideo completed the spin-off of ADI Global Distribution on August 3, 2026, and ADI now trades independently on the NYSE. Resideo repaid $900 million of debt in connection with the separation and has flagged roughly $200 million more in the third quarter.

The new standalone full-year 2026 outlook is revenue of $2.9 billion to $2.95 billion and adjusted EBITDA of $605 million to $625 million, with management flagging second-half pressure from input costs and softer OEM security demand.

That guidance caveat is why the print landed the way it did for REZI. The quarter was clean, the margin record was real, and the tariff refund was a one-time contributor that will not repeat. The market is pricing the second-half guide, not the second-quarter beat. The items to watch are input-cost pass-through and whether OEM security demand stabilizes, since both feed directly into the EBITDA range.

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