Resideo Technologies, Inc. Q3 2025 Earnings Recap

Resideo achieved record high adjusted EBITDA and gross margins in Q3 2025, though revenue growth faced headwinds from macroeconomic factors and a softer HVAC market. The company continues to demonstrate strong operational fundamentals and effective product demand.

Key Takeaways

• Adjusted EBITDA reached a record high, marking resilience despite macro and operational headwinds.
• Net revenue remained within outlook ranges, and adjusted EPS exceeded expectations due to the termination of the Honeywell Indemnification agreement.
• The Products & Solutions segment achieved 2% organic revenue growth, supported by strong sales of new product offerings like the First Alert SC5 smoke and CO detector.
• Integration of Snap One is progressing well ahead of schedule, enhancing growth prospects for the ADI distribution business.
• The spin-off preparations are on track for completion in H2 2026, with leaders designated for the future independent companies.