Smart home and facility electrical products supplier Resideo reported its 2025 third quarter financial results on Nov. 5, which showed modest year-over-year sales gains while gross margin, net profit and EBITDA all achieved Q3 company records.

Scottsdale, AZ-based Resideo — which is set to spin off its ADI Global Distribution unit by the end of 2026 — posted Q3 total sales of $1.86 billion that grew 2% year-over-year, with growth of that same amount at both its ADI and Products & Solutions (P&S) segments.

The company’s 3Q gross margin of 29.8% improved 110 basis points year-over-year, with ADI achieving its sixth straight quarter of gross margin expansion and 10 straight at P&S. Q3 net profit of $156 million dwarfed the $20 million of a year earlier. Adjusted EBITDA of $229 million jumped 21% year-over-year.

Find all the details about Resideo’s planned ADI spinoff here.

ADI Q3 Results

At ADI, Q3 revenue of $661 million improved 2% year-over-year (average daily sales +3%), which includes 1 percentage point of favorable impact from foreign currency. Gross margin of 22.6% improved 130 bps; operating profit jumped 55.6%; and adjusted EBITDA of $92 million/7.6% margin was essentially flat ($92 million/7.8%). Q3 eCommerce revenue grew 3% year-ver-year, as did Exclusive Brands.

Products and Solutions (P&S) Q3 Results

At P&S, Q3 revenue of $661 million improved 2% year-over-year, which includes 1 percentage point of favorable impact from foreign currency. Gross margin of 43.0% improved 80 bps; operating profit increased 9.4%; and adjusted EBITDA of $165 million/25.0 margin topped the $157 million/24.3% of a year earlier.

Updated Resideo Guidance