Resideo Technologies Inc (REZI) financial statements: income statement, balance sheet and cash flow

Resideo Technologies Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Resideo Technologies Inc reported revenue of $7.5B (+10.5% year on year) and net income of ($562.0M) (-717.6% year on year).

Income statement

Resideo Technologies Inc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net revenue	$7.5B	$6.8B	$6.2B	$6.4B
Cost of goods sold	$5.3B	$4.9B	$4.5B	$4.6B
Gross profit	$2.2B	$1.9B	$1.7B	$1.8B
Research and development expenses	$167.0M	$111.0M	$109.0M	$111.0M
Selling, general and administrative expenses	$1.3B	$1.1B	$960.0M	$974.0M
Intangible asset amortization	$122.0M	$80.0M	$38.0M	$35.0M
Restructuring, impairment and extinguishment costs	$16.0M	$52.0M	$42.0M	$35.0M
Business separation costs	$18.0M	—	—	—
Total operating expenses	$1.6B	$1.4B	$1.1B	—
Income from operations	$607.0M	$520.0M	$547.0M	$611.0M
Indemnification Agreement expense	$972.0M	—	—	—
Other expense (income), net	($43.0M)	$218.0M	$169.0M	$135.0M
Interest expense, net	$135.0M	$81.0M	$65.0M	$58.0M
Net income (loss) before taxes	($457.0M)	$221.0M	$313.0M	$418.0M
Provision for income taxes	$70.0M	$105.0M	$103.0M	$135.0M
Net income (loss)	($527.0M)	$116.0M	$210.0M	$283.0M
Less: preferred stock dividends	$35.0M	$19.0M	—	—
Less: undistributed income allocated to preferred stockholders	$0	$6.0M	—	—
Net income (loss) available to common stockholders, basic	($562.0M)	$91.0M	—	—
Net income (loss) available to common stockholders, diluted	($562.0M)	$91.0M	—	—
Basic (in dollars per share)	-$3.77	$0.62	$1.43	$1.94
Diluted (in dollars per share)	-$3.77	$0.61	$1.42	$1.90
Weighted average basic number of common shares outstanding (in shares)	149.0M	146.0M	147.0M	146.0M
Diluted (in shares)	149.0M	149.0M	148.0M	149.0M

Resideo Technologies Inc income statement, quarters

Line item	Jul 4, 2026 · Q3	Apr 4, 2026 · Q2	Sep 27, 2025 · Q3	Jun 28, 2025 · Q2
Revenue	$2.0B	$1.9B	$1.9B	$1.9B
Cost of goods sold	$1.4B	$1.4B	$1.3B	$1.4B
Gross profit	$595.0M	$551.0M	$556.0M	$569.0M
Research and development expenses	$48.0M	$48.0M	$44.0M	$41.0M
Selling, general and administrative expenses	$332.0M	$340.0M	$324.0M	$319.0M
Intangible asset amortization	$31.0M	$31.0M	$31.0M	$30.0M
Restructuring expenses	$22.0M	$6.0M	—	—
Business separation costs	$31.0M	$24.0M	—	—
Total operating expenses	$464.0M	$449.0M	$402.0M	$392.0M
Income from operations	$131.0M	$102.0M	$154.0M	$177.0M
Indemnification Agreement expense	$0	$0	$0	$882.0M
Other (income) expense, net	($81.0M)	$0	$7.0M	$9.0M
Interest expense, net	$46.0M	$47.0M	$37.0M	$24.0M
Net income (loss) before taxes	$166.0M	$55.0M	$110.0M	($738.0M)
Provision for income taxes	$69.0M	$17.0M	($46.0M)	$87.0M
Net income (loss)	$97.0M	$38.0M	$156.0M	($825.0M)
Less: preferred stock dividends	$8.0M	$9.0M	$9.0M	$8.0M
Less: undistributed income allocated to preferred stockholders	$10.0M	$3.0M	$16.0M	—
Net income (loss) available to common stockholders, basic	$79.0M	$26.0M	$131.0M	($833.0M)
Net income (loss) available to common stockholders, diluted	$79.0M	$26.0M	$131.0M	($833.0M)
Basic (in dollars per share)	$0.52	$0.17	$0.88	-$5.59
Diluted (in dollars per share)	$0.51	$0.17	$0.85	-$5.59
Weighted average basic number of common shares outstanding (in shares)	151.0M	151.0M	149.0M	149.0M
Weighted average diluted number of common shares outstanding (in shares)	154.0M	155.0M	154.0M	149.0M

Balance sheet

Resideo Technologies Inc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$661.0M	$692.0M	$636.0M	$326.0M
Accounts receivable, net	$1.1B	$1.0B	$973.0M	$1.0B
Inventories, net	$1.4B	$1.2B	$941.0M	$975.0M
Other current assets	$270.0M	$220.0M	$193.0M	$199.0M
Total current assets	$3.4B	$3.2B	$2.7B	$2.5B
Property, plant and equipment, net	$447.0M	$410.0M	$390.0M	$366.0M
Goodwill	$3.1B	$3.1B	$2.7B	$2.7B
Intangible assets, net	$1.1B	$1.2B	$461.0M	$475.0M
Other assets	$437.0M	$369.0M	$346.0M	$320.0M
Total assets	$8.4B	$8.2B	$6.6B	$6.4B
Accounts payable	$1.1B	$1.1B	$905.0M	$894.0M
Total accrued liabilities	$624.0M	$717.0M	$608.0M	$640.0M
Total current liabilities	$1.8B	$1.8B	$1.5B	$1.5B
Long-term debt	$3.2B	$2.0B	$1.4B	$1.4B
Non-current obligations payable under the Indemnification Agreement	$0	—	—	—
Other liabilities	$594.0M	$443.0M	$366.0M	$328.0M
Total liabilities	$5.5B	$4.9B	$3.9B	$3.9B
Preferred stock, $0.001 par value, 100 shares authorized, 0.5 shares issued and outstanding, and $500 liquidation preference at December 31, 2025 and December 31, 2024	482.0M	482.0M	—	—
Common stock, $0.001 par value: 700 shares authorized, 158 and 150 shares issued and outstanding at December 31, 2025, respectively, and 154 and 147 shares issued and outstanding at December 31, 2024, respectively	0	0	0	0
Additional paid-in capital	$2.4B	$2.3B	$2.2B	$2.2B
Retained earnings	$345.0M	$907.0M	$810.0M	$600.0M
Accumulated other comprehensive income (loss)	($157.0M)	($284.0M)	($194.0M)	($212.0M)
Treasury stock at cost	($144.0M)	($111.0M)	($93.0M)	($35.0M)
Total stockholders’ equity	$2.9B	$3.3B	$2.7B	$2.5B
Total liabilities and stockholders’ equity	$8.4B	$8.2B	$6.6B	$6.4B

Resideo Technologies Inc balance sheet, quarters

Line item	Jul 4, 2026	Apr 4, 2026	Sep 27, 2025	Jun 28, 2025
Cash and cash equivalents	$549.0M	$438.0M	$345.0M	$753.0M
Restricted cash	$400.0M	—	—	—
Accounts receivable, net	$1.2B	$1.1B	$1.1B	$1.1B
Inventories, net	$1.4B	$1.4B	$1.3B	$1.3B
Other current assets	$270.0M	$265.0M	$252.0M	$245.0M
Total current assets	$3.8B	$3.2B	$3.1B	$3.4B
Property, plant and equipment, net	$445.0M	$444.0M	$433.0M	$426.0M
Goodwill	$3.1B	$3.1B	$3.1B	$3.1B
Intangible assets, net	$1.0B	$1.1B	$1.1B	$1.1B
Other assets	$374.0M	$424.0M	$448.0M	$434.0M
Total assets	$8.8B	$8.2B	$8.2B	$8.5B
Accounts payable	$1.1B	$1.0B	$1.0B	$1.1B
Accrued liabilities	$605.0M	$516.0M	$595.0M	$655.0M
Total current liabilities	$1.7B	$1.5B	$1.6B	$3.4B
Long-term debt	$3.6B	$3.2B	$3.2B	$2.0B
Other long-term liabilities	$494.0M	$589.0M	$616.0M	$536.0M
Total liabilities	$5.8B	$5.3B	$5.4B	$5.9B
Preferred stock, $0.001 par value: 100 shares authorized, 0.5 shares issued and outstanding, and $500 liquidation preference at July 4, 2026 and December 31, 2025	482.0M	482.0M	482.0M	482.0M
Common stock, $0.001 par value: 700 shares authorized, 160 and 152 shares issued and outstanding at July 4, 2026, respectively, and 158 and 150 shares issued and outstanding at December 31, 2025, respectively	0	0	0	0
Additional paid-in capital	$2.4B	$2.4B	$2.4B	$2.3B
Retained earnings	$463.0M	$374.0M	$218.0M	$71.0M
Accumulated other comprehensive loss	($186.0M)	($168.0M)	($168.0M)	($161.0M)
Treasury stock at cost	($177.0M)	($176.0M)	($136.0M)	($127.0M)
Total stockholders’ equity	$3.0B	$2.9B	$2.8B	$2.6B
Total liabilities and stockholders’ equity	$8.8B	$8.2B	$8.2B	$8.5B

Cash flow statement

Resideo Technologies Inc cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income (loss)	($527.0M)	$116.0M	$210.0M	$283.0M
Depreciation and amortization	$195.0M	$144.0M	$98.0M	$94.0M
Restructuring, impairment and extinguishment costs	$16.0M	$52.0M	$42.0M	$35.0M
Stock-based compensation expense	$57.0M	$59.0M	$44.0M	$50.0M
Other, net	($36.0M)	$7.0M	($14.0M)	$6.0M
Accounts receivable, net	($29.0M)	($18.0M)	$19.0M	($72.0M)
Inventories, net	($92.0M)	($71.0M)	$32.0M	($122.0M)
Other current assets	($54.0M)	($5.0M)	$6.0M	($26.0M)
Accounts payable	$30.0M	$127.0M	$18.0M	($43.0M)
Accrued liabilities	($107.0M)	$4.0M	($34.0M)	($54.0M)
Non-current obligations payable under the Indemnification Agreement	($583.0M)	—	—	—
Other, net	($7.0M)	$60.0M	$47.0M	$4.0M
Net cash provided by (used in) operating activities	($1.1B)	$444.0M	$440.0M	$152.0M
Acquisitions, net of cash acquired	$0	($1.3B)	($16.0M)	($665.0M)
Capital expenditures	($116.0M)	($80.0M)	($105.0M)	($85.0M)
Proceeds from sale of business	$77.0M	$0	$86.0M	—
Other investing activities, net	$0	$8.0M	($9.0M)	($14.0M)
Net cash used in investing activities	($39.0M)	($1.4B)	($44.0M)	($764.0M)
Proceeds from issuance of long-term debt, net	$1.2B	$1.2B	$0	$200.0M
Proceeds from issuance of preferred stock, net of issuance costs	$0	$482.0M	—	—
Preferred stock dividend payments	($35.0M)	($12.0M)	—	—
Acquisition of treasury stock to cover stock award tax withholding	($29.0M)	—	—	—
Repayments of long-term debt	($9.0M)	($605.0M)	($12.0M)	($12.0M)
Common stock repurchases	$0	($1.0M)	($41.0M)	—
Other financing activities, net	$3.0M	($9.0M)	($11.0M)	($14.0M)
Net cash provided by (used in) financing activities	$1.1B	$1.0B	($64.0M)	$170.0M
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	$17.0M	($10.0M)	($24.0M)	($8.0M)
Net increase (decrease) in cash, cash equivalents and restricted cash	($31.0M)	$56.0M	$308.0M	($450.0M)
Cash, cash equivalents and restricted cash at beginning of year	$693.0M	$637.0M	$329.0M	$779.0M
Cash, cash equivalents and restricted cash at end of year	$662.0M	$693.0M	$637.0M	$329.0M

Resideo Technologies Inc cash flow statement, quarters

Line item	Jul 4, 2026 · YTD	Apr 4, 2026 · Q2	Sep 27, 2025 · YTD	Jun 28, 2025 · YTD
Net income (loss)	$135.0M	$38.0M	($663.0M)	($819.0M)
Depreciation and amortization	$101.0M	$51.0M	$145.0M	$96.0M
Restructuring expenses	$28.0M	$6.0M	—	—
Stock-based compensation expense	$28.0M	$14.0M	$43.0M	$30.0M
Deferred income taxes	$43.0M	—	—	—
Other, net	$0	$0	($1.0M)	$8.0M
Accounts receivable, net	($149.0M)	($42.0M)	($101.0M)	($85.0M)
Inventories, net	($45.0M)	($6.0M)	($67.0M)	$4.0M
Other current assets	($2.0M)	$6.0M	($35.0M)	($26.0M)
Accounts payable	($8.0M)	($106.0M)	($58.0M)	$8.0M
Accrued liabilities	($50.0M)	($114.0M)	$3.0M	$73.0M
Non-current obligations payable under the Tax Matters Agreement	($88.0M)	—	—	—
Non-current obligations payable under the Indemnification Agreement	$0	$0	($723.0M)	$902.0M
Other, net	$10.0M	$8.0M	$12.0M	($62.0M)
Net cash provided by operating activities	$3.0M	($145.0M)	($1.4B)	$135.0M
Capital expenditures	($65.0M)	($36.0M)	($79.0M)	($51.0M)
Other investing activities	$10.0M	—	$0	$0
Net cash used in investing activities	($55.0M)	($36.0M)	($79.0M)	($51.0M)
Proceeds from issuance of long-term debt	$400.0M	—	$1.2B	$0
Repayments of long-term debt	($9.0M)	($5.0M)	($3.0M)	($2.0M)
Acquisition of treasury stock to cover stock award tax withholding	($33.0M)	($32.0M)	($23.0M)	($16.0M)
Preferred stock dividend payments	($17.0M)	($9.0M)	($26.0M)	($17.0M)
Other financing activities, net	$1.0M	$4.0M	$13.0M	$2.0M
Net cash provided by (used in) financing activities	$342.0M	($42.0M)	$1.2B	($33.0M)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash	($3.0M)	$1.0M	$9.0M	$10.0M
Net increase in cash, cash equivalents and restricted cash	$287.0M	($222.0M)	($347.0M)	$61.0M
Cash, cash equivalents and restricted cash at beginning of year	$662.0M	$662.0M	$693.0M	$693.0M
Cash, cash equivalents and restricted cash at end of year	$949.0M	$440.0M	—	—

Resideo Technologies Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.