EarningsQ2 2026 Earnings Report

Resideo Technologies (3RT) Q2 2026 Earnings Report

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Previous Report: Q1 2026

DE:3RT Q2 2026 EPS Results

Actual EPS€0.51

Consensus EPS€0.42

Beat/MissBeat by +€0.10

One Year Ago EPS€0.41

DE:3RT Q2 2026 Revenue Results

Actual Revenue€1.76B

Expected Revenue€1.72B

Beat/MissBeat by +€40.93M

YoY Revenue Growth+1.96%

Earnings Announcement Details

QuarterQ2 2026

Date08/12/2026

TimeAfter Close

Conference CallWednesday, August 12, 2026

DE:3RT Upcoming Earnings

Resideo Technologies's next earnings date is estimated for November 4, 2026, based on past reporting schedules.

Q2 2026 Earnings Call Audio

DE:3RT Q2 2026 Earnings Call

0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026

Earnings Call Date:Aug 12, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a generally positive operational and financial performance with record quarterly revenue, strong adjusted EBITDA and EPS growth, continued P&S margin expansion and successful product adoption. Management also took strategic balance-sheet actions (ADI spin-off, $900M debt paydown) and reiterated a constructive product pipeline and stand-alone outlook for 2026. Offsetting risks include a meaningful near-term cash flow decline driven by separation and settlement costs, elevated input-cost inflation with expected H2 margin pressure (particularly Q3), the loss of volume from a large OEM security customer (estimated $40M–$50M revenue impact in H2), and the absence of further material tariff refunds. On balance, the positive results, clear execution on product launches and deleveraging actions outweigh the manageable near-term headwinds, supporting a favorable long-term view.

Company Guidance

Resideo provided stand‑alone 2026 guidance of revenue $2.90–$2.95 billion and adjusted EBITDA $605–$625 million, and a Q3 2026 outlook of revenue $705–$730 million and adjusted EBITDA $145–$155 million; the outlook assumes ~ $175 million of full‑year sales to ADI and ~ $80 million of full‑year corporate costs allocated, with adjusted EPS and cash‑from‑operations guidance deferred pending the post‑closing cash adjustment and ADI to be presented as discontinued operations starting in Q3. For context, Resideo beat Q2 with consolidated revenue up 2% y/y to just under $2.0 billion, total adjusted EBITDA up 19% y/y to $249 million (which included ~$27 million of tariff refunds) and adjusted EPS up 26% y/y to $0.83; Products & Solutions revenue grew 4% y/y, gross margin was 43.6% (up 70 bps y/y and 100 bps sequentially), P&S adjusted EBITDA rose 6% y/y, and R&D remains ~5% of segmented revenue. Management expects H2 headwinds from input‑cost inflation and a $40–$50 million reduction in second‑half revenue from a large OEM security customer, does not expect material tariff refunds for the rest of 2026, and noted Q2 operating cash of $148 million (vs. $200 million prior year) driven by ~$45 million of separation payments and ~$20 million higher cash interest; Resideo also repaid $900 million of Term Loan B principal on August 3 and anticipates an additional ~$200 million repayment in Q3.

Record Quarterly Revenue

Total consolidated revenue increased 2% year-over-year to just under $2.0 billion in Q2 2026, marking a new quarterly record.

Record Adjusted EBITDA

Total adjusted EBITDA grew 19% year-over-year to $249 million in Q2 2026, another new quarterly record (note: included $27 million of tariff refunds, primarily received by ADI).

Strong Adjusted EPS Performance

Total adjusted earnings per share rose 26% year-over-year to $0.83 in Q2 2026.

Products & Solutions Segment Growth and Margin Expansion

P&S revenue grew 4% year-over-year (including ~35 bps favorable FX); gross margin was 43.6%, up 70 bps year-over-year and 100 bps sequentially. This was the 13th consecutive quarter of year-over-year gross margin expansion for P&S.

P&S Profitability Improvement

P&S segmented adjusted EBITDA grew 6% year-over-year, driven primarily by higher gross profit dollars and operational efficiency.

Product Adoption and New Product Pipeline

Strong adoption of higher-value products (combination smoke/CO detectors, new thermostats including Honeywell Home Elite Pro), continued traction in dehumidification and water filtration, and planned H2 launches (new smoke/CO platform, video surveillance and intrusion products). R&D investment remains ~5% of segmented revenue to support NPI cadence.

Balance Sheet Actions / Deleveraging

Completed ADI spin-off (Aug 3) and initiated deleveraging by paying down $900 million of Term Loan B principal with an expected additional ~$200 million repayment in Q3 following the post-closing cash adjustment.

DE:3RT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Nov 04, 2026	2026 (Q3)	0.38 / -	0.551	―
Aug 12, 2026	2026 (Q2)	0.42 / 0.51	0.408	25.71% (+0.10)
May 12, 2026	2026 (Q1)	0.37 / 0.40	0.39	3.20% (+0.01)
Feb 24, 2026	2025 (Q4)	0.29 / 0.31	0.365	-15.12% (-0.06)
Nov 05, 2025	2025 (Q3)	0.44 / 0.55	0.359	53.60% (+0.19)
Aug 05, 2025	2025 (Q2)	0.33 / 0.41	0.383	6.50% (+0.02)
May 06, 2025	2025 (Q1)	0.19 / 0.39	0.291	33.94% (+0.10)
Feb 20, 2025	2024 (Q4)	0.32 / 0.36	0.297	22.75% (+0.07)
Nov 07, 2024	2024 (Q3)	0.35 / 0.36	0.086	315.46% (+0.27)
Aug 08, 2024	2024 (Q2)	0.28 / 0.38	0.21	82.63% (+0.17)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed