Resideo Announces Third Quarter 2026 Financial Results and Updates 2026 Outlook
Key Highlights
- ➤Revenue $727 million, up 3% year-over-year, near high end of outlook
- ➤Standalone Adjusted EBITDA $154 million, up 5% year-over-year
- ➤GAAP income from continuing operations $31 million, down 66% year-over-year
- ➤Resideo repaid $1.1 billion of gross debt using ADI dividend and cash
- ➤2026 outlook sets revenue at $2.927-$2.947 billion and EBITDA at $614-$624 million
Expert Statements
Tom Surran, President and CEO of Resideo
“Resideo delivered top and bottom line third quarter results that were near the high end of our outlook ranges in our first quarter following the separation of ADI, underscoring our team's continued strong execution. We achieved 3% revenue growth year-over-year across all sales channels and 6% growth year-over-year excluding OEM Security, driven by customer demand for our differentiated, non-discretionary products. We also reduced our debt by $1.1 billion, using the $900 million dividend received from ADI and $200 million of cash on hand.”
Tom Surran, President and CEO of Resideo
“We remain focused on creating value for our customers with our differentiated products and services. That includes new AI-powered capabilities on our next-generation FORTIQ software platform, which delivers actionable intelligence that enhances customer productivity and optimizes the end-user's experience. We are executing on our strategic priorities with discipline and consistency, creating positive momentum in a soft housing market and a dynamic macro environment.”
Resideo Announces Third Quarter 2026 Financial Results and Updates 2026 Outlook PR Newswire
* Total revenue of $727 million, up 3% year-over-year, and revenue excluding OEM Security up 6% year-over-year * Gross margin of 40.4%, marking the 14th consecutive quarter of year-over-year gross margin expansion * GAAP income from continuing operations, net of taxes, of $31 million, down 66% compared to $90 million in third quarter of 2025; Standalone Adjusted EBITDA ((1))of $154 million, up 5% year-over-year * GAAP diluted EPS from continuing operations of $0.14, down 71% year-over-year; Standalone Adjusted diluted EPS ((1))of $0.52, up 8% year-over-year * Repaid $1.1 billion of gross debt; total gross debt of $2.1 billion at end of third quarter SCOTTSDALE, Ariz., Nov. 10, 2026 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global developer and manufacturer of critical control and sensing solutions for residential markets, today announced financial results for the third fiscal quarter ended October 3, 2026.
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