Resideo Technologies, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.47B | $6.76B | $6.24B | $6.37B | $5.85B | $5.07B | $4.99B | $4.83B |
| Cost of Revenue | $5.28B | $4.86B | $4.55B | $4.60B | $4.26B | $3.73B | $3.71B | $3.40B |
| Gross Profit | $2.20B | $1.90B | $1.70B | $1.77B | $1.58B | $1.34B | $1.28B | $1.43B |
| Gross Margin | 29.4% | 28.1% | 27.2% | 27.7% | 27.1% | 26.5% | 25.6% | 29.5% |
| Operating Expenses | ||||||||
| Research & Development | $167.0M | $111.0M | $109.0M | $111.0M | $86.0M | $74.0M | $87.0M | — |
| SG&A Expense | $1.27B | $1.14B | $960.0M | $974.0M | $909.0M | $889.0M | $932.0M | $932.0M |
| Operating Income | $607.0M | $520.0M | $547.0M | $611.0M | $559.0M | $311.0M | $258.0M | $493.0M |
| Operating Margin | 8.1% | 7.7% | 8.8% | 9.6% | 9.6% | 6.1% | 5.2% | 10.2% |
| Interest Expense | — | — | — | — | $48.0M | $63.0M | $69.0M | $20.0M |
| Pretax Income | $-457.0M | $221.0M | $313.0M | $418.0M | $353.0M | $101.0M | $71.0M | $104.0M |
| Income Tax Expense | $70.0M | $105.0M | $103.0M | $135.0M | $111.0M | $64.0M | $35.0M | $-301.0M |
| Net Income | $-527.0M | $116.0M | $210.0M | $283.0M | $242.0M | $37.0M | $36.0M | $405.0M |
| Net Margin | -7.1% | 1.7% | 3.4% | 4.4% | 4.1% | 0.7% | 0.7% | 8.4% |
| EPS (Basic) | $-3.77 | $0.62 | $1.43 | $1.94 | $1.68 | $0.30 | $0.29 | $3.31 |
| EPS (Diluted) | $-3.77 | $0.61 | $1.42 | $1.90 | $1.63 | $0.29 | $0.29 | $3.30 |
| Shares Outstanding (Basic) | 149.0M | 146.0M | 147.0M | 146.0M | 144.0M | 125.0M | 122.7M | 122.5M |
| Shares Outstanding (Diluted) | 149.0M | 149.0M | 148.0M | 149.0M | 148.0M | 126.0M | 123.2M | 122.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |