Resideo Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 27, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	7,435	6,761	6,242	6,370	5,846	5,071
Revenue Growth (YoY)	15.45%	8.31%	-2.01%	8.96%	15.28%	1.66%
Cost of Revenue	5,269	4,860	4,546	4,604	4,262	3,727
Gross Profit	2,166	1,901	1,696	1,766	1,584	1,344
Selling, General & Admin	1,229	1,108	969	935	899	891
Research & Development	162	111	109	111	86	74
Amortization of Goodwill & Intangibles	120	80	38	35	30	30
Operating Expenses	1,511	1,299	1,116	1,081	1,015	995
Operating Income	655	602	580	685	569	349
Interest Expense	-112	-81	-65	-54	-47	-63
Other Non Operating Income (Expenses)	-15	-3	18	-21	-23	1
EBT Excluding Unusual Items	528	518	533	610	499	287
Merger & Restructuring Charges	-57	-86	-42	-35	-	-40
Other Unusual Items	-1,045	-211	-178	-157	-146	-146
Pretax Income	-568	221	313	418	353	101
Income Tax Expense	72	105	103	135	111	64
Net Income	-640	116	210	283	242	37
Preferred Dividends & Other Adjustments	37	25	-	-	-	-
Net Income to Common	-677	91	210	283	242	37
Net Income Growth	-	-44.76%	-25.80%	16.94%	554.05%	2.78%
Shares Outstanding (Basic)	148	146	147	146	144	125
Shares Outstanding (Diluted)	148	149	148	149	148	126
Shares Change (YoY)	0.17%	0.68%	-0.67%	0.68%	17.46%	2.24%
EPS (Basic)	-4.57	0.62	1.43	1.94	1.68	0.30
EPS (Diluted)	-4.57	0.61	1.42	1.90	1.63	0.29
EPS Growth	-	-57.04%	-25.26%	16.56%	462.07%	-
Free Cash Flow	-1,334	364	335	67	252	174
Free Cash Flow Per Share	-9.00	2.44	2.26	0.45	1.70	1.38
Gross Margin	29.13%	28.12%	27.17%	27.72%	27.10%	26.50%
Operating Margin	8.81%	8.90%	9.29%	10.75%	9.73%	6.88%
Profit Margin	-9.11%	1.35%	3.36%	4.44%	4.14%	0.73%
Free Cash Flow Margin	-17.94%	5.38%	5.37%	1.05%	4.31%	3.43%
EBITDA	846	746	678	779	657	435
EBITDA Margin	11.38%	11.03%	10.86%	12.23%	11.24%	8.58%
D&A For EBITDA	191	144	98	94	88	86
EBIT	655	602	580	685	569	349
EBIT Margin	8.81%	8.90%	9.29%	10.75%	9.73%	6.88%
Effective Tax Rate	-	47.51%	32.91%	32.30%	31.45%	63.37%

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q