Stock Market Live June 24, 2026: S&P 500 (SPY) Attempting to Regain Momentum
Q4 25 EPS
$0.50
MISS 4.45%
Est. $0.52
Q4 25 Revenue
$1.90B
BEAT +0.37%
Est. $1.89B
vs S&P Since Q4 25
-24.5%
TRAILING MARKET
REZI -17.9% vs S&P +6.6%
Full Year 2025 Results
FY 25 EPS
$2.68
BEAT +4.01%
Est. $2.58
FY 25 Revenue
$7.47B
BEAT +0.59%
Est. $7.43B
Market Reaction
Did REZI Beat Earnings? Q4 2025 Results
Resideo Technologies delivered a mixed Q4 2025 performance, beating on revenue while falling well short of earnings expectations. The company posted $1.90 billion in net revenue, up 2.0% year-over-year and ahead of the $1.85 billion consensus, but ad… Read more Resideo Technologies delivered a mixed Q4 2025 performance, beating on revenue while falling well short of earnings expectations. The company posted $1.90 billion in net revenue, up 2.0% year-over-year and ahead of the $1.85 billion consensus, but adjusted EPS of $0.50 missed the $0.77 estimate by 34.64%, a gap that underscores the lingering weight of elevated costs and debt following the Snap One integration. The standout driver was Products & Solutions, which grew 6% in the quarter and helped lift total gross margin by 110 basis points to 29.6%, even as ADI Global Distribution slipped 1% on soft video surveillance demand. Adjusted EBITDA of $226 million rose 21% year-over-year, capping a record full-year tally of $833 million. Looking ahead, management guided for 2026 revenue of $7.80 to $7.90 billion and Adjusted EPS of $3.00 to $3.20, with the planned separation of P&S and ADI into two independent public companies drawing investor attention, helping push shares up roughly 5% following the results.
Key Takeaways
- • Price realization primarily in the OEM channel
- • Customer demand for new products in electrical distribution and retail channels
- • Gross margin expansion at both P&S (eleven consecutive quarters) and ADI (seven consecutive quarters)
- • Manufacturing efficiencies driving P&S gross margin improvement
- • Favorable price and mix driving ADI gross margin improvement
- • Strong cash collections and timing of payments improving Q4 operating cash flow
- • E-commerce revenue grew 3% year-over-year at ADI
- • Cost discipline throughout 2025
REZI YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
REZI Revenue by Segment
With YoY comparisons, source: SEC Filings
“In the fourth quarter, Resideo delivered strong results that either exceeded or were at the high end of our outlook range. In 2025, Resideo exceeded the high-end of our outlook range for all of our key financial metrics and achieved record highs in net revenue, Adjusted EBITDA and Adjusted EPS.”
— Jay Geldmacher, Q4 2025 Earnings Press Release
REZI Earnings Trends
REZI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
REZI EPS Trend
Earnings per share: estimate vs actual
REZI Revenue Trend
Quarterly revenue: estimate vs actual
REZI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.61 | $0.65 | +7.44% | $1.91B | +2.19% |
| Q4 25 MISS FY | $0.52 | $0.50 | -4.45% | $1.90B | +0.37% |
| FY Full Year | $2.58 | $2.68 | +4.01% | $7.47B | +0.59% |
| Q3 25 BEAT | $0.69 | $0.89 | +28.99% | $1.86B | -0.75% |
| Q2 25 BEAT | $0.53 | $0.66 | +24.53% | $1.94B | +6.58% |
| Q1 25 BEAT | $0.31 | $0.63 | +105.41% | $1.77B | +1.95% |