Resideo Technologies, Inc. (REZI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.91B | 1.9B | 1.86B | 1.94B | 1.77B | 1.86B | 1.83B | 1.59B | 1.49B | 1.54B | 1.55B | 1.6B | 1.55B | 1.56B | 1.62B | 1.69B | 1.51B | 1.45B | 1.5B | 1.48B |
| Revenue Growth % | 8.02% | 1.99% | 1.97% | 22.28% | 19.11% | 20.88% | 17.63% | -0.81% | -4.07% | -1.47% | -3.96% | -4.98% | 2.86% | 7.29% | 8.16% | 14.15% | 6.13% | -3.13% | 9.84% | 43.54% |
| Cost of Goods Sold | 1.39B | 1.37B | 1.34B | 1.4B | 1.29B | 1.33B | 1.3B | 1.14B | 1.09B | 1.11B | 1.14B | 1.17B | 1.13B | 1.13B | 1.19B | 1.22B | 1.07B | 1.06B | 1.07B | 1.09B |
| COGS % of Revenue | 72.8% | 72.08% | 71.83% | 72.26% | 72.82% | 71.47% | 71.33% | 71.87% | 73.08% | 72.48% | 73.17% | 72.78% | 73.01% | 72.37% | 73.42% | 72.3% | 70.92% | 72.76% | 71.86% | 73.87% |
| Gross Profit | 520M | 529M | 525M | 539M | 481M | 530M | 524M | 447M | 400M | 423M | 417M | 436M | 418M | 431M | 430M | 467M | 438M | 396M | 421M | 386M |
| Gross Margin % | 27.2% | 27.92% | 28.17% | 27.74% | 27.18% | 28.53% | 28.67% | 28.13% | 26.92% | 27.52% | 26.83% | 27.22% | 26.99% | 27.63% | 26.58% | 27.7% | 29.08% | 27.24% | 28.14% | 26.13% |
| Gross Profit Growth % | 8.11% | -0.19% | 0.19% | 20.58% | 20.25% | 25.3% | 25.66% | 2.52% | -4.31% | -1.86% | -3.02% | -6.64% | -4.57% | 8.84% | 2.14% | 20.98% | 19.02% | -6.38% | 13.78% | 63.56% |
| Operating Expenses | 388M | 368M | 368M | 360M | 341M | 386M | 398M | 325M | 272M | 276M | 308M | 283M | 280M | 333M | 275M | 281M | 266M | 255M | 254M | 265M |
| OpEx % of Revenue | 20.29% | 19.42% | 19.74% | 18.53% | 19.27% | 20.77% | 21.77% | 20.45% | 18.3% | 17.96% | 19.82% | 17.67% | 18.08% | 21.35% | 17% | 16.67% | 17.66% | 17.54% | 16.98% | 17.94% |
| Selling, General & Admin | 340M | 321M | 324M | 319M | 306M | 310M | 317M | 280M | 231M | 241M | 233M | 242M | 244M | 258M | 236M | 244M | 236M | 232M | 227M | 236M |
| SG&A % of Revenue | 17.78% | 16.94% | 17.38% | 16.42% | 17.29% | 16.68% | 17.34% | 17.62% | 15.55% | 15.68% | 14.99% | 15.11% | 15.75% | 16.54% | 14.59% | 14.47% | 15.67% | 15.96% | 15.17% | 15.98% |
| Research & Development | 48M | 47M | 44M | 41M | 35M | 42M | 23M | 21M | 25M | 25M | 28M | 29M | 25M | 30M | 29M | 28M | 24M | 23M | 20M | 22M |
| R&D % of Revenue | 2.51% | 2.48% | 2.36% | 2.11% | 1.98% | 2.26% | 1.26% | 1.32% | 1.68% | 1.63% | 1.8% | 1.81% | 1.61% | 1.92% | 1.79% | 1.66% | 1.59% | 1.58% | 1.34% | 1.49% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K |
| Operating Income | 132M | 161M | 157M | 179M | 140M | 144M | 126M | 122M | 128M | 147M | 109M | 153M | 138M | 98M | 155M | 186M | 172M | 141M | 167M | 121M |
| Operating Margin % | 6.9% | 8.5% | 8.42% | 9.21% | 7.91% | 7.75% | 6.89% | 7.68% | 8.61% | 9.56% | 7.01% | 9.55% | 8.91% | 6.28% | 9.58% | 11.03% | 11.42% | 9.7% | 11.16% | 8.19% |
| Operating Income Growth % | -5.71% | 11.81% | 24.6% | 46.72% | 9.38% | -2.04% | 15.6% | -20.26% | -7.25% | 50% | -29.68% | -17.74% | -19.77% | -30.5% | -7.19% | 53.72% | 32.31% | -7.24% | 27.48% | 2116.67% |
| EBITDA | 183M | 211M | 206M | 228M | 187M | 190M | 172M | 150M | 152M | 174M | 131M | 178M | 162M | 123M | 179M | 211M | 192M | 162M | 189M | 143M |
| EBITDA Margin % | 9.57% | 11.13% | 11.05% | 11.73% | 10.56% | 10.23% | 9.41% | 9.44% | 10.23% | 11.32% | 8.43% | 11.11% | 10.46% | 7.88% | 11.06% | 12.51% | 12.75% | 11.14% | 12.63% | 9.68% |
| EBITDA Growth % | -2.14% | 11.05% | 19.77% | 52% | 23.03% | 9.2% | 31.3% | -15.73% | -6.17% | 41.46% | -26.82% | -15.64% | -15.63% | -24.07% | -5.29% | 47.55% | 25.49% | -6.9% | 23.53% | 853.33% |
| D&A (Non-Cash Add-back) | 51M | 50M | 49M | 49M | 47M | 46M | 46M | 28M | 24M | 27M | 22M | 25M | 24M | 25M | 24M | 25M | 20M | 21M | 22M | 22M |
| EBIT | 132M | 161M | 157M | 179M | 140M | 71M | 71M | 74M | 86M | 116M | 53M | 111M | 98M | 88M | 111M | 144M | 132M | 113M | 109M | 93M |
| Net Interest Income | -47M | -49M | -38M | -24M | -26M | -26M | -27M | -15M | -13M | -15M | -16M | -17M | -17M | -18M | -15M | -13M | -11M | -11M | -12M | -12M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 47M | 49M | 38M | 24M | 26M | 26M | 27M | 15M | 13M | 15M | 16M | 17M | 17M | 18M | 15M | 13M | 11M | 11M | 12M | 12M |
| Other Income/Expense | -77M | -5M | -47M | -917M | -125M | -99M | -82M | -63M | -55M | -46M | -72M | -59M | -57M | -28M | -59M | -55M | -51M | -39M | -70M | -40M |
| Pretax Income | 55M | 156M | 110M | -738M | 15M | 45M | 44M | 59M | 73M | 101M | 37M | 94M | 81M | 70M | 96M | 131M | 121M | 102M | 97M | 81M |
| Pretax Margin % | 2.88% | 8.23% | 5.9% | -37.98% | 0.85% | 2.42% | 2.41% | 3.71% | 4.91% | 6.57% | 2.38% | 5.87% | 5.23% | 4.49% | 5.93% | 7.77% | 8.03% | 7.02% | 6.48% | 5.48% |
| Income Tax | 17M | 20M | -46M | 87M | 9M | 22M | 24M | 29M | 30M | 19M | 16M | 44M | 24M | 31M | 33M | 37M | 34M | 35M | 29M | 23M |
| Effective Tax Rate % | 30.91% | 12.82% | -41.82% | -11.79% | 60% | 48.89% | 54.55% | 49.15% | 41.1% | 18.81% | 43.24% | 46.81% | 29.63% | 44.29% | 34.38% | 28.24% | 28.1% | 34.31% | 29.9% | 28.4% |
| Net Income | 38M | 136M | 156M | -825M | 6M | 23M | 20M | 30M | 43M | 82M | 21M | 50M | 57M | 39M | 63M | 94M | 87M | 67M | 68M | 58M |
| Net Margin % | 1.99% | 7.18% | 8.37% | -42.46% | 0.34% | 1.24% | 1.09% | 1.89% | 2.89% | 5.34% | 1.35% | 3.12% | 3.68% | 2.5% | 3.89% | 5.58% | 5.78% | 4.61% | 4.55% | 3.93% |
| Net Income Growth % | 533.33% | 491.3% | 680% | -2850% | -86.05% | -71.95% | -4.76% | -40% | -24.56% | 110.26% | -66.67% | -46.81% | -34.48% | -41.79% | -7.35% | 62.07% | 77.55% | 13.56% | -9.33% | 176.32% |
| Net Income (Continuing) | 38M | 136M | 156M | -825M | 6M | 23M | 20M | 30M | 43M | 82M | 21M | 50M | 57M | 39M | 63M | 94M | 87M | 67M | 68M | 58M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.17 | 0.99 | 0.85 | -5.59 | -0.02 | 0.08 | 0.07 | 0.19 | 0.29 | 0.56 | 0.14 | 0.34 | 0.38 | 0.26 | 0.42 | 0.63 | 0.58 | 0.45 | 0.46 | 0.39 |
| EPS Growth % | 950% | 1137.5% | 1051.76% | -3042.11% | -106.9% | -85.71% | -47.29% | -44.12% | -23.68% | 115.38% | -66.67% | -46.03% | -34.48% | -42.22% | -8.7% | 61.54% | 75.76% | 2.27% | -23.33% | 162.9% |
| EPS (Basic) | 0.17 | 0.96 | 0.88 | -5.59 | -0.02 | 0.08 | 0.07 | 0.19 | 0.29 | 0.56 | 0.14 | 0.34 | 0.38 | 0.27 | 0.43 | 0.65 | 0.60 | 0.46 | 0.47 | 0.40 |
| Diluted Shares Outstanding | 155M | 155M | 154M | 149M | 148M | 150M | 149M | 149M | 148M | 147M | 148M | 149M | 149M | 149M | 149.16M | 148.83M | 148.76M | 148.68M | 148.56M | 148.33M |
| Basic Shares Outstanding | 151M | 150M | 149M | 149M | 148M | 147M | 147M | 146M | 146M | 146M | 147M | 147M | 150M | 146M | 146M | 145M | 145M | 144.56M | 144.28M | 143.94M |
| Dividend Payout Ratio | - | - | - | - | - | 52.17% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |