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ADI Global Distribution vs Latch: ADIG and LTCH compared
ADI Global Distribution is the larger company: $1.3B of revenue in its latest quarter (Q2 2026) against $15.6M for Latch (Q2 2026). ADI Global Distribution is growing faster (+0.7% against -18% a year earlier). ADI Global Distribution is more profitable, with an operating margin of 1.9% against -46.2%.
Where the money goes: ADIG and LTCH
ADI Global Distribution (ADIG) · Q2 2026
ADI Global Distribution, Q2 2026: revenue $1.3B (+0.7% year over year), operating margin 1.9%, net earnings $6.0M. The chart follows the revenue to costs, profit and cash.
Latch (LTCH) · Q2 2026
Latch, Q2 2026: revenue $15.6M (-18% year over year), operating margin -46.2%, net loss $6.9M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| ADI Global Distribution (ADIG) | Latch (LTCH) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $1.3B | $15.6M |
| Revenue growth, Y/Y | +0.7% | -18% |
| Gross margin | 22.7% | — |
| Operating margin | 1.9% | -46.2% |
| Net earnings | $6.0M | −$6.9M |
| Net margin | 0.5% | -44.2% |
| Operating cash flow | — | −$3.3M |
Where the revenue comes from
ADI Global Distribution
- Third-party brands: $1.1B (83%)
- Exclusive brands: $218M (17%)
Latch
- Software: $6.1M (39%)
- Professional services: $6.0M (39%)
- Hardware: $3.4M (22%)
Questions
Which is bigger, ADI Global Distribution or Latch?
ADI Global Distribution is the larger company: $1.3B of revenue in its latest quarter (Q2 2026) against $15.6M for Latch (Q2 2026).
Is ADI Global Distribution or Latch growing faster?
ADI Global Distribution is growing faster (+0.7% against -18% a year earlier).
Which is more profitable, ADI Global Distribution or Latch?
ADI Global Distribution is more profitable, with an operating margin of 1.9% against -46.2%.
More: ADI Global Distribution earnings · how ADI Global Distribution makes money · Latch earnings · how Latch makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 13, 2026; 10-Q filed Aug 10, 2026). Fiscal quarters can end on different dates. Not investment advice.