Resideo Technologies, Inc. (REZI)

Resideo Technologies Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,399	6,761	6,242	6,370	5,846	5,071
Revenue Growth (YoY)	20.00%	8.31%	-2.01%	8.96%	15.28%	1.66%
Cost of Revenue	5,265	4,860	4,546	4,604	4,262	3,727
Gross Profit	2,134	1,901	1,696	1,766	1,584	1,344
Selling, General & Admin	1,222	1,108	969	935	899	891
Research & Development	141	111	109	111	86	74
Amortization of Goodwill & Intangibles	118	80	38	35	30	30
Operating Expenses	1,481	1,299	1,116	1,081	1,015	995
Operating Income	653	602	580	685	569	349
Interest Expense	-102	-81	-65	-54	-47	-63
Other Non Operating Income (Expenses)	-18	-3	18	-21	-23	1
EBT Excluding Unusual Items	533	518	533	610	499	287
Merger & Restructuring Charges	-85	-86	-42	-35	-	-40
Other Unusual Items	-1,087	-211	-178	-157	-146	-146
Pretax Income	-634	221	313	418	353	101
Income Tax Expense	142	105	103	135	111	64
Net Income	-776	116	210	283	242	37
Preferred Dividends & Other Adjustments	40	25	-	-	-	-
Net Income to Common	-816	91	210	283	242	37
Net Income Growth	-	-44.76%	-25.80%	16.94%	554.05%	2.78%
Shares Outstanding (Basic)	147	146	147	146	144	125
Shares Outstanding (Diluted)	147	149	148	149	148	126
Shares Change (YoY)	-0.34%	0.68%	-0.67%	0.68%	17.46%	2.24%
EPS (Basic)	-5.55	0.62	1.43	1.94	1.68	0.30
EPS (Diluted)	-5.55	0.61	1.42	1.90	1.63	0.29
EPS Growth	-	-57.04%	-25.26%	16.56%	462.07%	-
Free Cash Flow	390	364	335	67	252	174
Free Cash Flow Per Share	2.65	2.44	2.26	0.45	1.70	1.38
Gross Margin	28.84%	28.12%	27.17%	27.72%	27.10%	26.50%
Operating Margin	8.83%	8.90%	9.29%	10.75%	9.73%	6.88%
Profit Margin	-11.03%	1.35%	3.36%	4.44%	4.14%	0.73%
Free Cash Flow Margin	5.27%	5.38%	5.37%	1.05%	4.31%	3.43%
EBITDA	841	746	678	779	657	435
EBITDA Margin	11.37%	11.03%	10.86%	12.23%	11.24%	8.58%
D&A For EBITDA	188	144	98	94	88	86
EBIT	653	602	580	685	569	349
EBIT Margin	8.83%	8.90%	9.29%	10.75%	9.73%	6.88%
Effective Tax Rate	-	47.51%	32.91%	32.30%	31.45%	63.37%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q