Q1 2026 Resideo Technologies Inc Earnings Call Transcript

May 12, 2026 / 09:00 PM GMT

Release Date Price: $36.68 (-2.11%)

Transcript 10-Q8-K

Key Points

Positve

Resideo Technologies Inc (REZI) exceeded the high end of the first-quarter outlook ranges for all metrics.
Total net revenue grew 8% year-over-year to over $1.9 billion.
Total adjusted EBITDA grew 20% year-over-year to $215 million.
The Products and Solutions segment reported 9% net revenue growth year-over-year, driven by increases in both price and volume.
Resideo reaffirmed its 2026 outlook, demonstrating confidence in its ability to manage through uncertain macroeconomic conditions.

Negative

Gross margin in the quarter was down 10 basis points year-over-year, primarily due to higher fuel costs on freight.
The residential AV business experienced declines, partially offsetting growth in other areas.
There is ongoing uncertainty in the macroeconomic environment, impacting consumer confidence and affordability.
Higher operating costs are anticipated in 2026, particularly in areas such as fuel on freight.
The high-end residential audiovisual market has been softening, posing challenges for future growth.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

REZI.N - Resideo Technologies Inc
Q1 2026 Resideo Technologies Inc Earnings Call
May 12, 2026 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello, everyone.

Thank you for joining us and welcome to the Residio First Quarter 2026 Earnings Conference Call. After today's prepared remarks, we will host a question-and-answer session. If you would like to ask a question, please press *1 to raise your hand. To withdraw your question, press *1 again.

I will now hand the conference over to Chris Lee, Global Head of Strategic Finance. Please go ahead.

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Unidentified_2 [2]
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Thank you, and good afternoon, everyone.

Thank you for joining us for Residio's first-quarter

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