Filing Flows › Resideo Technologies (REZI) › Q1 2025
Resideo Technologies (REZI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Resideo Technologies (REZI) reported revenue of $1.8B for the first quarter 2025 (Q1 2025), +19% from a year earlier and -5% from the quarter before. Operating margin was 7.7%, net earnings $6.0M (0.3% of revenue).
Resideo Technologies, Q1 2025: revenue $1.8B (+19% year over year), operating margin 7.7%, net earnings $6.0M, operating cash flow −$65.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | -5% | +19% |
| Gross profit | $511M | -4% | +28% |
| Operating profit | $136M | -6% | +6% |
| Net earnings | $6.0M | -74% | -86% |
| Operating cash flow | −$65.0M | -132% | — |
What changed
Revenue was $1.8B in Q1 2025, up 19% year over year and down 5% from the previous quarter. ADI Global Distribution was the largest line at 63% of revenue. ADI Global Distribution added $0.26B year over year (up 29%), 90% of the total change.
Gross margin was 28.9%, up 2.0 points from a year earlier. Operating profit was $0.14B, a 7.7% margin (down 0.9 points year over year). Of the extra revenue versus a year earlier, 3% reached operating profit, below the 9% margin then. Operating expenses grew 38% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+112%). Net earnings were $0.01B, down 86% year over year. The effective tax rate was 60.0%.
Operating cash flow was −$0.07B. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.13B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.10B.
Questions
What was Resideo Technologies' revenue in the first quarter 2025?
Resideo Technologies (REZI) reported revenue of $1.8B for the first quarter 2025 (Q1 2025), +19% from a year earlier and -5% from the quarter before.
Was Resideo Technologies profitable in the first quarter 2025?
Operating profit was $136M (7.7% of revenue) and net earnings $6.0M.