| Income Statement | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-09-28 |
|---|---|---|---|---|
| Net revenue | 1,864 | 1,943 | 1,770 | 1,828 |
| Cost of goods sold | 1,308 | 1,374 | 1,259 | 1,304 |
| Gross profit | 556 | 569 | 511 | 524 |
| Restructuring, impairment and extinguishment costs, net | - | - | - | 29 |
| Research and development expenses | 44 | 41 | 35 | 23 |
| Selling, general and administrative expenses | 324 | 319 | 306 | 317 |
| Intangible asset amortization | 31 | 30 | 30 | 29 |
| Restructuring, impairment and extinguishment costs | 3 | 2 | 4 | - |
| Total operating expenses | 402 | 392 | 375 | 398 |
| Income from operations | 154 | 177 | 136 | 126 |
| Indemnification agreement expense | 0 | 882 | - | - |
| Other expenses, net | -7 | -9 | -96 | -55 |
| Interest expense, net | 37 | 24 | 25 | 27 |
| Net income (loss) before taxes | 110 | -738 | 15 | 44 |
| Provision (benefit) for income taxes | -46 | 87 | 9 | 24 |
| Net income (loss) | 156 | -825 | 6 | 20 |
| Less preferred stock dividends | 9 | 8 | 9 | 8 |
| Less undistributed income allocated to preferred stockholders | 16 | - | - | 1 |
| Net (loss) income available to common stockholders, basic | 131 | -833 | -3 | 11 |
| Basic (in dollars per share) | 0.88 | -5.59 | -0.02 | 0.07 |
| Basic (in shares) | 149,000,000 | 149,000,000 | 148,000,000 | 147,000,000 |
| Diluted (in dollars per share) | 0.85 | -5.59 | -0.02 | 0.07 |
| Diluted (in shares) | 154,000,000 | 149,000,000 | 148,000,000 | 149,000,000 |
RESIDEO TECHNOLOGIES, INC. (REZI)
RESIDEO TECHNOLOGIES, INC. (REZI)