Resideo Technologies, Inc. filed its Form 10-Q with the SEC on August 12, 2026, covering the quarterly period ended July 4, 2026, reporting net income of $97 million for the second quarter and $135 million for the first half of the fiscal year.

Key Highlights

  • Q2 Revenue: Revenue for the three months ended July 4, 2026 was $1,981 million, compared with $1,943 million in the prior-year period.
  • Six-Month Revenue: Revenue for the six months ended July 4, 2026 was $3,893 million, up from $3,713 million in the comparable prior-year period.
  • Net Income Swing: The company reported net income of $97 million for Q2 2026, compared with a net loss of $825 million in Q2 2025, which included $882 million in Indemnification Agreement expense.
  • Diluted EPS: Diluted earnings per common share were $0.51 for Q2 2026, versus a diluted loss per common share of $5.59 in Q2 2025.
  • Business Separation Costs: The company incurred $55 million in business separation costs in the six months ended July 4, 2026, with no comparable expense in the prior-year period.
  • Long-Term Debt: Long-term debt rose to $3,560 million at July 4, 2026, from $3,167 million at December 31, 2025, following $400 million in proceeds from issuance of long-term debt during the period.
  • Shares Outstanding: As of August 5, 2026, there were 151,847,378 shares of common stock outstanding.

Resideo Reports Improved Profitability Amid Separation Costs and Debt Activity

Resideo Technologies (NYSE:REZI) filed its quarterly report for the period ended July 4, 2026, disclosing second-quarter revenue of $1,981 million and gross profit of $595 million, compared with revenue of $1,943 million and gross profit of $569 million for the three months ended June 28, 2025. According to the filing, income from operations was $131 million in Q2 2026, down from $177 million in Q2 2025, with total operating expenses rising to $464 million from $392 million, driven in part by $22 million in restructuring expenses and $31 million in business separation costs in the current quarter.

The filing noted that the Q2 2025 period included $882 million in Indemnification Agreement expense and $972 million for the six-month period, which the company disclosed resulted in a net loss of $825 million for Q2 2025 and $819 million for the first half of 2025. No such expense was recorded in the comparable 2026 periods. For the six months ended July 4, 2026, the company reported net income of $135 million and diluted earnings per common share of $0.68, compared with a net loss of $819 million and diluted loss per common share of $5.65 in the prior-year six-month period.

On the balance sheet, total assets were $8,781 million at July 4, 2026, compared with $8,433 million at December 31, 2025. Cash and cash equivalents stood at $549 million, with an additional $400 million in restricted cash as of the quarter-end date, versus no restricted cash at year-end 2025. The company reported net cash provided by operating activities of $3 million for the six months ended July 4, 2026, compared with $135 million in the prior-year period, reflecting changes in working capital and an $88 million payment under the Tax Matters Agreement. Capital expenditures were $65 million for the six-month period.

What Was Disclosed

Resideo's 10-Q for the quarter ended July 4, 2026 reported improved net income year-over-year, higher revenue in both the quarter and six-month period, a rise in long-term debt following new debt issuance, and the emergence of business separation costs absent from prior-year results.