Resideo announces Q3 2025 financial results

SCOTTSDALE, Ariz. — Resideo Technologies, a global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, has announced its financial results for the third quarter ended Sept. 27, 2025.

"Resideo delivered another strong quarter driven by solid execution, demonstrating the healthy operating fundamentals of our business. In the third quarter, we achieved record-high gross margins, earnings per share, and adjusted EBITDA, all of which were enabled by continued organic net revenue growth and margin expansion by both the ADI and P&S business segments," said Jay Geldmacher, Resideo's president and CEO.

ADI Global’s net revenue was $1,203 million, up 2% compared to third quarter 2024. Average daily sales growth was 3% year-over-year. Products Solutions net revenue was $661 million, up 2% compared to third quarter 2024, and both metrics benefited from an approximate 1% favorable impact from foreign currency.

"We are excited about the momentum we are generating in the market, with the launch of several new products in the quarter, including our ElitePRO premium smart thermostats that are selling extremely well,” Geldmacher added. “We believe our focused execution in 2025 will carry that positive momentum forward and be a tailwind for both companies, under Rob's and Tom's executive leadership, when our anticipated separation is expected to be completed in the second half of 2026."

Third Quarter 2025 Financial Highlights

• Net revenue of $1,864 million, up 2% compared to $1,828 million in third quarter 2024
• Record high net income was $156 million, compared to net income of $20 million in third quarter 2024
• Record high adjusted EBITDA(1) of $229 million, up 21% compared to $190 million in third quarter 2024
• Fully diluted earnings per share of $0.85 (record high) and $0.07 and Adjusted EPS(1) of $0.89 and $0.59 for third quarter 2025 and third quarter 2024, respectively; $0.89 exceeded the high-end of our outlook range and is a new record high
• Reported cash used by operating activities was $1,571 million. After accounting for the $1,590 million payment made to Honeywell in August 2025 to terminate the Indemnification Agreement, Adjusted cash provided by operations(1) was $19 million.