PR Newswire·Nov 10, 2026, 4:05 PM ET

Resideo Announces Third Quarter 2026 Financial Results and Updates 2026 Outlook

Total revenue reached $727 million, a 3% year-over-year increase, with revenue excluding OEM Security up 6% year-over-year.
Gross margin stood at 40.4%, marking the 14th consecutive quarter of year-over-year expansion.
GAAP income from continuing operations was $31 million, down 66% from $90 million in the third quarter of 2025.
Standalone Adjusted EBITDA was $154 million, up 5% year-over-year, while Standalone Adjusted diluted EPS rose 8% to $0.52.
The company repaid $1.1 billion of gross debt using a $900 million dividend from ADI & $200 million in cash on hand, leaving total gross debt at $2.1 billion.
OEM Security revenue declined 34% to $33 million due to reduced volumes from a large customer.
Operating expenses increased due to $30 million in non-recurring business separation costs & higher restructuring charges.
Cash and cash equivalents ended the quarter at $229 million.
Full year 2026 revenue outlook is $2.927 billion to $2.947 billion, with Standalone Adjusted EBITDA projected at $614 million to $624 million.
Resideo completed the separation of its ADI Global Distribution segment in August 2026, now reporting ADI results as discontinued operations.