Resideo Exceeds Expectations with Record-Breaking Q2 Results
Resideo, a leading provider of technology-based solutions for homes and businesses, has reported record-breaking results for its second quarter 2026. In a conference call on August 12th, the company's leadership team shared exciting news about the company's performance.
Tom Surran, CEO of Resideo, began by thanking Jay Geldmacher for his six years of service as CEO and announcing Shane Harrison as the new CFO. With this transition complete, the stage is set for further growth and success at Resideo.
The second quarter 2026 results are indeed impressive, with total revenue growing 2% year-over-year to just under $2 billion, a new quarterly record. Total adjusted EBITDA also reached an all-time high of $249 million, another notable achievement. The company's ability to exceed the high end of its outlook ranges for all metrics, both consolidated and business segment levels, is a testament to the team's hard work and dedication.
One interesting aspect of Resideo's Q2 2026 results is the favorable impact of $27 million in tariff refunds during the quarter. Primarily received by ADI, this boost has contributed significantly to the company's adjusted EBITDA growth.
Resideo's leadership team emphasized their satisfaction with the continued execution demonstrated by the entire team. The company's ability to navigate dynamic market conditions and achieve record-breaking results is a credit to their operational and technical expertise.
With Shane Harrison set to join Resideo as CFO on September 1st, the stage is set for further growth and success at the company. As Resideo continues to execute its strategy and drive innovation, investors and customers alike can look forward to exciting developments in the coming quarters.