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Other financials

Income statement

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Revenue$1.9B+8.0%
Operating income$102.0M-25.0%
Net income$38.0M+533%
EPS (diluted)$0.17+950%

Balance sheet

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Cash & equivalents$440.0M-23.9%
Total debt$3.5B+72.2%
Total equity$2.9B-12.7%
Total assets$8.2B+1.6%

Cash flow

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Operating cash flow-$145.0M-123%
CapEx$36.0M+16.1%
Free cash flow-$181.0M-88.5%

Valuation

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Market cap$3.97B-7.0%
Enterprise value$7.05B+26.9%
P/S0.5×-0.1×

Profitability

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Gross margin29.4%+0.8pp
Operating margin7.5%0.0pp
Net margin-8.6%-11.3pp
FCF margin-17.9%-24.4pp

Returns & leverage

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Return on equity-20.9%-26.7pp
Debt / equity1.2×+0.6×
Current ratio2.1×+0.1×

Where this comes from

Calculated from Resideo Technologies, Inc.’s reported figures.

The source filing: Resideo Technologies, Inc.’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 5:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001740332-26-000018
(in millions, except per share data)Three Months Ended / April 4, 2026Three Months Ended / March 29, 2025
Net revenue$1,912$1,770
Cost of goods sold1,3611,259
Gross profit551511
Operating expenses:
Research and development expenses4835
Selling, general and administrative expenses340306
Intangible asset amortization3130
Restructuring expenses64

Item 1. Unaudited Consolidated Financial Statements.

FAQ

What is Resideo Technologies, Inc.'s gross profit?
Resideo Technologies, Inc. (REZI) reported gross profit of $551M in Q1 2026.
How has Resideo Technologies, Inc.'s gross profit changed year-over-year?
Resideo Technologies, Inc.'s gross profit increased by 7.8% year-over-year, from $511M to $551M.
What is the long-term trend for Resideo Technologies, Inc.'s gross profit?
Over 4 years (2021 to 2025), Resideo Technologies, Inc.'s gross profit has grown at a 8.6% compound annual growth rate (CAGR), from $1.58B to $2.2B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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