REZINYSEWholesale-HardwareUS GAAP · USD

Resideo Technologies, Inc

Resideo Technologies is a U.S.-based manufacturer, developer, and distributor of sensing and controls products for residential and commercial buildings. Its portfolio spans comfort, safety, security, energy management, and smart-living solutions, sold through professional installers, distributors, OEMs, retailers, and online channels across global markets.

Revenue7,472m USD
+10.5 %y/y
Operating profit (EBIT)607m USD
+16.7 %y/y
EBIT margin8.1%
+0.4 ppy/y
Net income-527m USD
−554.3 %y/y
Free cash flow-1,253m USD
−444.2 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

02,0004,0006,0008,000m USD2020: 5,071 m USD2020: EBIT 311 m USD20202021: 5,846 m USD2021: EBIT 559 m USD20212022: 6,370 m USD2022: EBIT 611 m USD20222023: 6,242 m USD2023: EBIT 547 m USD20232024: 6,761 m USD2024: EBIT 520 m USD20242025: 7,472 m USD2025: EBIT 607 m USD20257,472607
RevenueOperating profit (EBIT)

Business

Share of revenue
Products and Solutions58 %

Branded sensing, controls, safety, security, and connected-home products sold to residential and commercial end markets.

ADI Global Distribution42 %

Wholesale distribution of professionally installed low-voltage security, AV, and related specialty products.

Customers

Resideo sells to a mix of professional and channel customers rather than directly to most end users. Its products are purchased by contractors, installers, integrators, OEMs, distributors, major retailers, and select online merchants, with demand tied to new installation, replacement, and upgrade activity in homes and small businesses.

Professional contractors and installers

Buy thermostats, safety devices, controls, and connected-home products for installation and replacement jobs.

Distributors and integrators

Purchase low-voltage security, AV, and specialty products for resale and project delivery.

OEM customers

Buy components and controls used in water heaters, heat pumps, boilers, and related equipment.

Retail and online channels

Sell branded home safety and comfort products to consumers and small businesses.

Strategy

Resideo’s strategy centers on combining branded connected-home products with specialty wholesale distribution to serve the full lifecycle of building comfort, safety, and security needs. The company emphasizes product innovation, channel relationships, and installed-base connectivity to defend share in fragmented markets where service, availability, and technical support matter.

Grow connected and software-enabled offeringsMedium term

Connected devices deepen customer relationships and support recurring replacement demand.

Protect channel relevance in professional marketsShort term

Contractors, installers, and integrators influence product specification and repeat purchases.

Improve supply chain and sourcing resilienceShort term

Manufacturing concentration and imported components make availability and trade exposure critical.

Geography

2025

Resideo operates globally, with sales into residential and commercial markets across North America, Europe, and other international regions. Manufacturing for its Products and Solutions business is concentrated in Mexico, which makes supply chain execution and trade policy especially important to the company’s cost structure and delivery network.

United States78 %
Europe15 %
Other countries (US filing)7.5 %

Share of the revenue the company reports by geography.

Risks

Resideo faces intense competition across both branded products and wholesale distribution, where pricing, product availability, and channel access can shift quickly. Its business is also exposed to trade barriers, sourcing concentration in Mexico and Asia, customer consolidation, and weather or disaster events that could disrupt manufacturing or regional demand.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Tariffs and trade restrictions1Competitive pressure in products and distribution2Manufacturing concentration in Mexico3Customer concentration and channel consolidation4Technology and preference shifts5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Tariffs and trade restrictionsImpact: HighLikelihood: High

    A meaningful portion of products and components are manufactured or sourced across borders.

    ExposureMexicoChinaEuropean Union
  2. Competitive pressure in products and distributionImpact: HighLikelihood: Medium

    The company competes with global, regional, and online providers on price, service, and innovation.

    Exposure: Products and Solutions; ADI Global Distribution

  3. Manufacturing concentration in MexicoImpact: HighLikelihood: Medium

    Six manufacturing facilities and third-party partners in Mexico create regional disruption risk.

    Exposure: Products and Solutions supply chain

  4. Customer concentration and channel consolidationImpact: MediumLikelihood: Medium

    Large customers and channel partners can influence pricing, volumes, and contract terms.

    ExposureOEMsRetailersDistributors
  5. Technology and preference shiftsImpact: MediumLikelihood: Medium

    Connected-home and security markets evolve quickly, requiring ongoing product development.

    ExposureSmart homeSecurityControls

Accounting

Judgemental items
Goodwill and intangible asset impairment

Valuation depends on forecast cash flows, discount rates, and reporting unit performance.

Impact: Could create material non-cash charges if assumptions deteriorate

Operating leases

The company leases many manufacturing, warehouse, office, and lab facilities.

Impact: Affects balance sheet liabilities and fixed-cost visibility

Litigation and environmental contingencies

Claims and remediation matters require judgment on probability and amount.

Impact: Can affect reserves and earnings timing

Defined benefit pension obligations

Future funding needs depend on actuarial assumptions and asset returns.

Impact: Can affect cash requirements and other comprehensive income

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Resideo Technologies, Inc (REZI) Revenue, Earnings & Financials 2025 – Clarifo