Resideo Technologies reported record second quarter 2026 revenue of $1.98 billion, up 2% year-over-year, and net income of $97 million compared to a loss in the prior year period. The company completed the spin-off of its ADI Global Distribution segment on August 3, 2026, distributing one share of ADIG for every two shares of Resideo held as of July 20, 2026. Concurrently, Shane Harrison was appointed Senior Vice President and Chief Financial Officer effective September 1, 2026, succeeding Thomas Surran in that role. The filing also initiated a standalone full-year 2026 revenue outlook of $2.90 billion to $2.95 billion. Resideo Technologies is a global building technologies company that develops and manufactures control and sensing solutions for residential markets.

Resideo Technologies completed the separation of its ADI Global Distribution business on August 3, 2026, distributing one share of new entity ADIG for every two shares of Resideo common stock held by record holders as of July 20, 2026. ADI is now an independent public company trading on the NYSE under symbol ADIG. In connection with the transaction, Resideo received a $900 million cash dividend from ADI and used these proceeds to fully repay its Initial Term Loans and partially repay its Fourth Amendment Term Loans, reducing total outstanding debt under the Existing Term Loan Facility to approximately $1,422 million. Resideo expects an additional repayment of roughly $200 million by the end of fiscal 2026. Concurrently, executive leadership changed as Jay Geldmacher retired as CEO and Thomas Surran assumed the roles of President, Chief Executive Officer, and Principal Financial Officer. The company operates in the building technologies industry, developing and manufacturing control and sensing solutions for residential markets.

Resideo Technologies, Inc. completed a $400 million offering of 7.125% Senior Notes due 2034 and entered into a $600 million term loan and $500 million revolving credit facility to finance its spin-off of ADI Global Distribution. Shareholders will receive one share of ADIG common stock for every two shares of Resideo common stock held as of the record date of July 20, 2026, with distribution effective August 3, 0226. Resideo Technologies, Inc. is a technology company that provides residential and commercial security and climate control solutions.

Resideo Technologies, Inc. announced a merger of its wholly-owned subsidiary, Resideo Funding Inc., with Resideo Funding II LLC, resulting in the assumption of senior notes and senior credit agreement obligations by the surviving entity. Additionally, the company is paying a one-time cash payment of $11,600,000 to Honeywell International Inc. to terminate a Tax Matters Agreement from its 2018 spin-off. Resideo Technologies, Inc. provides home automation and security solutions for residential and residential-commercial properties.