Core Viewpoint - Resideo Technologies, Inc. reported exceptional financial results for the second quarter of 2025, achieving record high metrics across key financial indicators, driven by organic revenue growth in both the ADI and Products and Solutions segments [3][7][11]. Financial Highlights - The company achieved record net revenue of $1.94 billion, representing a 22% increase year-over-year and exceeding the high-end of the outlook range; organic growth was 8%, with ADI growing 10% and Products and Solutions growing 5% [7][11]. - Gross margin for the total company was 29.3%, up 120 basis points year-over-year, while Products and Solutions gross margin was 42.9%, marking the ninth consecutive quarter of year-over-year improvement [7][10]. - Adjusted EBITDA reached a record high of $210 million, up 20% year-over-year, and also exceeded the high-end of the outlook range [7][11]. Segment Performance - Products and Solutions segment reported net revenue of $666 million, a 6% increase compared to the second quarter of 2024, with strong sales driven by new product demand and price realization [6][8]. - ADI Global Distribution segment delivered net revenue of $1,277 million, up 33% year-over-year, with organic growth of 10% when excluding the Snap One acquisition [11][16]. Cash Flow and Liquidity - The company generated $200 million in cash from operating activities in the second quarter of 2025, compared to $92 million in the same period of 2024, driven by strong sales and collections [13][24]. - As of June 28, 2025, Resideo had cash and cash equivalents of $753 million and total outstanding gross debt of $2.01 billion [13][24]. Outlook - Resideo raised its full-year 2025 outlook, projecting net revenue between $7.45 billion and $7.55 billion, and Adjusted EBITDA between $845 million and $885 million [14].