Resideo sets Aug 3 ADI spin-off date, targets 4-5% revenue growth and 400bp margin expansion through 2030

Filed July 13, 2026 · Period ending July 13, 2026 · ~2 min read

Key Changes

• high

  ADI Global Distribution spin-off expected to complete Aug 3, 2026, with ADIG shares to begin trading Aug 4; shareholders receive 1 ADIG share per 2 REZI shares held, tax-free for U.S. federal purposes except fractional shares.

  Exhibit 99.1 view on EDGAR →
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  Post-spin Resideo targets 4-5% annual revenue growth through 2030, gross margin expansion of ~400bp to 43-45%, and adjusted EBITDA margin expansion of ~400bp to 23-25%, from FY2025 base of $2.9B revenue and 20.3% EBITDA margin.

  Exhibit 99.2 view on EDGAR →
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  At separation, Resideo expects ~$2.0B net debt, ~$650M total liquidity, and 3.3x net leverage; targets deleveraging to below 2.0x within ~24 months post-spin before evaluating capital returns.

  Exhibit 99.2 view on EDGAR →