Resideo Technologies (NYSE:REZI) Releases Quarterly Earnings Results, Beats Expectations By $0.36 EPS

Posted by Stanley Muller on Aug 13th, 2026

Resideo Technologies (NYSE:REZI – Get Free Report) announced its earnings results on Wednesday. The company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.36, FiscalAI reports. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.66 EPS.

Here are the key takeaways from Resideo Technologies’ conference call:

Q2 results exceeded the high end of guidance, with revenue up 2% year over year to nearly $2 billion, adjusted EBITDA up 19% to $249 million, and adjusted EPS up 26% to $0.83. Results benefited from $27 million in tariff refunds, primarily at ADI.
Resideo completed the ADI Global Distribution spin-off on August 3 and began deleveraging with a $900 million Term Loan B repayment; management expects to repay another approximately $200 million in the third quarter.
Products & Solutions revenue increased 4% year over year, while gross margin expanded 70 basis points to 43.6% for the 13th consecutive quarter. Growth was led by higher volumes, new thermostats, smoke and CO detectors, and continued operational efficiency.
Management expects $40 million-$50 million of second-half revenue pressure from lower volumes at a large OEM security customer pursuing vertical integration, with the impact concentrated in the third and fourth quarters.
Resideo initiated standalone 2026 guidance for revenue of $2.9 billion-$2.95 billion and adjusted EBITDA of $605 million-$625 million. Rising memory, metals, printed-circuit-board, semiconductor, and shipping costs are expected to pressure margins in the third quarter before price increases and operational actions provide greater offsets.

Resideo Technologies Stock Performance

REZI stock opened at $25.74 on Thursday. The company has a quick ratio of 1.19, a current ratio of 2.07 and a debt-to-equity ratio of 1.30. The business’s fifty day simple moving average is $31.80 and its two-hundred day simple moving average is $34.13. Resideo Technologies has a twelve month low of $23.31 and a twelve month high of $45.29. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of -6.70 and a beta of 1.63.

Institutional Trading of Resideo Technologies

A number of large investors have recently made changes to their positions in REZI. Smartleaf Asset Management LLC boosted its position in Resideo Technologies by 10.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,126 shares of the company’s stock valued at $111,000 after buying an additional 306 shares during the period. Empowered Funds LLC purchased a new position in shares of Resideo Technologies during the fourth quarter worth approximately $152,000. Advisory Services Network LLC purchased a new position in shares of Resideo Technologies during the third quarter worth approximately $105,000. Wexford Capital LP purchased a new position in shares of Resideo Technologies during the third quarter worth approximately $53,000. Finally, New Vernon Capital Holdings II LLC bought a new stake in shares of Resideo Technologies during the third quarter valued at approximately $105,000. 91.71% of the stock is owned by hedge funds and other institutional investors.

Resideo Technologies News Roundup

Here are the key news stories impacting Resideo Technologies this week:

Positive Sentiment: Resideo reported record second-quarter revenue of $1.98 billion, up 2% year over year and above the high end of its outlook. Products & Solutions revenue increased 4%, while ADI Global Distribution rose 1%. Resideo Announces Record Second Quarter 2026 Financial Results
Positive Sentiment: Adjusted EPS was $0.83, beating the $0.47 consensus estimate, while adjusted EBITDA reached a record $249 million, up 19% year over year. Gross margin also improved to a record 30.0%. Resideo Technologies Q2 Earnings Snapshot
Positive Sentiment: The company completed the separation of ADI on August 3, giving Resideo a standalone structure that could improve strategic focus and make its underlying performance easier for investors to evaluate. Resideo standalone outlook announcement
Neutral Sentiment: Resideo appointed Shane Harrison as chief financial officer, effective September 1, 2026. The leadership change may support the company’s post-separation strategy, although it introduces a new executive during a major transition. Resideo Appoints Shane Harrison as Chief Financial Officer
Negative Sentiment: GAAP diluted EPS was $0.51, below the $0.69 estimate, and operating profit declined 26% year over year to $131 million. The conflicting adjusted-versus-GAAP results may limit enthusiasm despite the adjusted earnings beat. Resideo Q2 2026 earnings details
Negative Sentiment: Full-year sales guidance reportedly fell significantly short of analyst expectations, and initial standalone guidance creates additional uncertainty about growth after the ADI separation. Resideo full-year guidance report

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Zacks Research downgraded Resideo Technologies from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 9th. Morgan Stanley cut their price objective on shares of Resideo Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Resideo Technologies in a research note on Friday, July 17th. JPMorgan Chase & Co. began coverage on shares of Resideo Technologies in a report on Friday, August 7th. They issued a “neutral” rating and a $30.00 target price for the company. Finally, Seaport Research Partners initiated coverage on shares of Resideo Technologies in a research note on Wednesday, July 1st. They set a “buy” rating and a $55.00 price target for the company. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Resideo Technologies currently has an average rating of “Hold” and an average target price of $41.00.

Check Out Our Latest Stock Analysis on Resideo Technologies

About Resideo Technologies

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Resideo Technologies, Inc, headquartered in Austin, Texas, is a global provider of home comfort, security and energy management solutions. Formed as an independent company in 2018 following its spin-off from Honeywell, Resideo leverages decades of engineering experience to deliver connected products and services to residential and light commercial customers.

The company’s core offerings include smart thermostats, security systems, video doorbells, water leak and freeze detection devices, and indoor air quality monitors.