Resideo Technologies, Inc. (REZI)
The company now
Resideo completed the spin-off of its ADI Global Distribution business on 3 August 2026, leaving a company built on its Products and Solutions segment 1. Holders of record on 20 July 2026 received one ADI share for every two Resideo shares 1.
For the quarter ended 4 July 2026, which still counts ADI, revenue was $1,981 million, up 2 percent, and net income was $97 million 1. A year earlier the quarter had a net loss of $825 million, after $882 million of expense for the Honeywell indemnification agreement 1.
From the third quarter, ADI moves to discontinued operations and Resideo reports Products and Solutions alone 1. The company set a standalone 2026 outlook of $2,900 million to $2,950 million in revenue 1.
Shane Harrison becomes chief financial officer on 1 September 2026, and the chief executive, Thomas Surran, stops acting as principal financial officer 2. Whether the smaller company reaches its stated goals is the open question 1.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.