Resideo Technologies, Inc. (REZI) Income Statement
REZI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsREZI revenue and net income
Where REZI's revenue goes
2025Each bar shows an amount and its share of revenue. REZI kept −7.1% of revenue as net income.
REZI profit margins
REZI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.5% | +5.5% | +8.1% | +6.0% |
| Gross profit | +9.1% | +5.5% | +9.6% | +5.4% |
| Operating income | +23.3% | +1.6% | +15.6% | +4.3% |
| Net income | −554.3% | — | — | — |
| EPS (diluted) | +15.5% | +8.9% | +0.1% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
REZI quarterly EPS vs estimates
Resideo Technologies beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.40).
REZI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.47B | $6.76B | $6.24B | $6.37B | $5.85B | $5.07B | $4.99B | $4.83B | $4.52B | $4.46B |
| Cost of revenue | $5.40B | $4.86B | $4.55B | $4.60B | $4.26B | $3.76B | $3.71B | $3.40B | $3.20B | $3.09B |
| Gross profit | $2.07B | $1.90B | $1.70B | $1.77B | $1.58B | $1.31B | $1.28B | $1.43B | $1.32B | $1.36B |
| Research & development | $167.0M | $111.0M | $109.0M | $111.0M | $86.0M | $77.0M | $87.0M | $105.0M | $120.0M | $106.0M |
| Sales, general & admin | $1.27B | $1.14B | $977.0M | $974.0M | $916.0M | $1.00B | $932.0M | $59.0M | $871.0M | $870.0M |
| Total operating expenses | $1.43B | $1.38B | $1.15B | $1.16B | $1.02B | $1.00B | $1.02B | $932.0M | $871.0M | $1.36B |
| Operating income | $641.0M | $520.0M | $547.0M | $611.0M | $559.0M | $311.0M | $258.0M | $493.0M | $445.0M | $495.0M |
| Interest income | — | — | — | — | — | — | $69.0M | $20.0M | $2.0M | $0 |
| Interest expense | $137.0M | $81.0M | $65.0M | $54.0M | $47.0M | $63.0M | $69.0M | $20.0M | $3.0M | $3.0M |
| Income before taxes | −$457.0M | $221.0M | $313.0M | $418.0M | $353.0M | $101.0M | $71.0M | $104.0M | $166.0M | $310.0M |
| Income taxes | $70.0M | $105.0M | $103.0M | $135.0M | $111.0M | $64.0M | $35.0M | −$301.0M | $560.0M | $133.0M |
| Net income | −$527.0M | $116.0M | $210.0M | $283.0M | $242.0M | $37.0M | $36.0M | $405.0M | −$394.0M | $177.0M |
| EBITDA | −$125.0M | $446.0M | $476.0M | $566.0M | $488.0M | $250.0M | $220.0M | $190.0M | $233.0M | $559.0M |
| EPS (diluted) | $2.61 | $2.26 | $1.62 | $2.02 | $1.63 | $2.60 | $1.06 | $1.39 | −$3.19 | $1.45 |
| Gross margin | 27.8% | 28.1% | 27.2% | 27.7% | 27.1% | 25.9% | 25.6% | 29.5% | 29.1% | 30.6% |
| Operating margin | 8.6% | 7.7% | 8.8% | 9.6% | 9.6% | 6.1% | 5.2% | 10.2% | 9.8% | 11.1% |
| Net margin | −7.1% | 1.7% | 3.4% | 4.4% | 4.1% | 0.7% | 0.7% | 8.4% | −8.7% | 4.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.98B | $1.91B | $1.90B | $1.86B | $1.94B | $1.77B | $1.86B | $1.83B | $1.59B | $1.49B | $1.54B | $1.55B |
| Cost of revenue | $1.39B | $1.39B | $1.37B | $1.34B | $1.40B | $1.29B | $1.33B | $1.30B | $1.14B | $1.09B | $1.11B | $1.14B |
| Gross profit | $595.0M | $520.0M | $529.0M | $525.0M | $539.0M | $481.0M | $530.0M | $524.0M | $447.0M | $400.0M | $423.0M | $417.0M |
| Research & development | $48.0M | $48.0M | $47.0M | $44.0M | $41.0M | $35.0M | $42.0M | $23.0M | $21.0M | $25.0M | $25.0M | $28.0M |
| Sales, general & admin | $332.0M | $340.0M | $310.0M | $324.0M | $319.0M | $306.0M | $310.0M | $317.0M | $280.0M | $231.0M | $241.0M | $233.0M |
| Total operating expenses | $464.0M | $388.0M | $368.0M | $368.0M | $360.0M | $341.0M | $386.0M | $398.0M | $325.0M | $272.0M | $276.0M | $308.0M |
| Operating income | $131.0M | $132.0M | $161.0M | $157.0M | $179.0M | $140.0M | $144.0M | $126.0M | $122.0M | $128.0M | $147.0M | $109.0M |
| Interest expense | $46.0M | $47.0M | $49.0M | $38.0M | $24.0M | $26.0M | $26.0M | $27.0M | $15.0M | $13.0M | $15.0M | $16.0M |
| Income before taxes | $166.0M | $55.0M | $156.0M | $110.0M | −$738.0M | $15.0M | $45.0M | $44.0M | $59.0M | $73.0M | $101.0M | $37.0M |
| Income taxes | $69.0M | $17.0M | $20.0M | −$46.0M | $87.0M | $9.0M | $22.0M | $24.0M | $29.0M | $30.0M | $19.0M | $16.0M |
| Net income | $97.0M | $38.0M | $136.0M | $156.0M | −$825.0M | $6.0M | $23.0M | $20.0M | $30.0M | $43.0M | $82.0M | $21.0M |
| EBITDA | $262.0M | $153.0M | $255.0M | $197.0M | −$665.0M | $88.0M | $117.0M | $117.0M | $102.0M | $110.0M | $143.0M | $75.0M |
| EPS (diluted) | $0.75 | $0.17 | $0.50 | $0.82 | $0.66 | $0.63 | $0.59 | $0.58 | $0.62 | $0.47 | $0.48 | $0.41 |
| Gross margin | 30.0% | 27.2% | 27.9% | 28.2% | 27.7% | 27.2% | 28.5% | 28.7% | 28.1% | 26.9% | 27.5% | 26.8% |
| Operating margin | 6.6% | 6.9% | 8.5% | 8.4% | 9.2% | 7.9% | 7.8% | 6.9% | 7.7% | 8.6% | 9.6% | 7.0% |
| Net margin | 4.9% | 2.0% | 7.2% | 8.4% | −42.5% | 0.3% | 1.2% | 1.1% | 1.9% | 2.9% | 5.3% | 1.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in REZI's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
REZI financial results
In fiscal year 2025 (ended December 31, 2025), Resideo Technologies reported revenue of $7.5 billion, up 10.5% from the year before. It had a net loss of $527.0 million, a net profit margin of −7.1%. Diluted earnings per share came to $2.61. Over five years revenue grew at an average rate of 8.1% a year.
See the REZI stock overview for the latest quote and news, or the REZI chart for price history and technical indicators.
REZI income statement FAQ
What is Resideo Technologies's annual revenue?
Resideo Technologies reported total revenue of $7.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 10.5% from $6.8 billion the previous year.
Is Resideo Technologies profitable?
No. Resideo Technologies reported a net loss of $527.0 million in fiscal 2025, a net profit margin of −7.1%; its operating margin was 8.6%.
What is Resideo Technologies's gross margin?
Resideo Technologies's gross margin was 27.8% in fiscal 2025: for every $100 of revenue, Resideo Technologies kept $28 after the direct cost of its products and services.
How much does Resideo Technologies spend on research and development?
Resideo Technologies spent $167.0 million on research and development in fiscal 2025, 2.2% of revenue.
How fast is Resideo Technologies growing?
Revenue grew 8.1% a year on average over the last five fiscal years, from $5.1 billion to $7.5 billion.
What are Resideo Technologies's earnings per share?
Resideo Technologies earned $2.61 per diluted share in fiscal 2025, compared with $2.26 a year earlier.
When will Resideo Technologies report its next earnings?
Resideo Technologies is expected to report results for the quarter ending September 30, 2026 on November 4, 2026.
When does Resideo Technologies's fiscal year end?
Resideo Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.