Resideo Technologies, Inc. $REZI reported second-quarter 2026 revenue of $2.0 billion, up 2% from a year earlier and slightly ahead of expectations. Gross profit rose to $595 million, reflecting continued top-line growth despite a more challenging profitability backdrop.
Operating profit came in at $131 million, down 26% year over year, while net income attributable to common shareholders fell to $79 million. Diluted earnings per share was $0.51, below analyst estimates of $0.69.
Cash generation remained positive, with operating cash flow of $148 million. The company spent $29 million on property, plant and equipment during the quarter.
- Revenue: $2.0 billion
- Gross profit: $595 million
- Operating profit: $131 million
- Net income: $79 million
- Operating cash flow: $148 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Resideo Technologies, Inc. Hedge Fund Activity
We have seen 183 institutional investors add shares of Resideo Technologies, Inc. stock to their portfolio, and 211 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LOCUST WOOD CAPITAL ADVISERS, LLC removed 3,141,349 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $97,695,953
- FMR LLC added 2,091,271 shares (+147.9%) to their portfolio in Q1 2026, for an estimated $70,496,745
- FRANKLIN RESOURCES INC removed 1,778,005 shares (-62.2%) from their portfolio in Q1 2026, for an estimated $59,936,548
- SACHEM HEAD CAPITAL MANAGEMENT LP removed 1,625,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $54,778,750
- DME CAPITAL MANAGEMENT, LP added 1,574,950 shares (+inf%) to their portfolio in Q1 2026, for an estimated $53,091,564
- ALTA FOX CAPITAL MANAGEMENT, LLC removed 1,266,700 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $42,700,457
- BLACKROCK, INC. added 1,177,978 shares (+5.8%) to their portfolio in Q2 2026, for an estimated $36,635,115
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Resideo Technologies, Inc. Government Contracts
We have seen $56,717,530 of award payments to $REZI over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- INERTIAL NAVIGATION UNIT WITH CONTAINER. THE DELIVERABLE FOR THIS CONTRACT IS FOR A BASE QUANTITY OF 107 EA...: $10,164,504
- PURCHASE OF RADAR SENSOR SYSTEM (RSS) COMPONENTS.: $7,373,317
- TO PROCURE TEST & INSPECT AND REPAIR ON THE APN-209 RADAR ALTIMETER RECEIVER TRANSMITTERS.: $3,464,464
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.