ADI Announces Second Quarter 2026 Financial Results
ADI completes Resideo spin-off, trades NYSE from Aug 4 2026; Q2 record revenue $1,286M, EBITDA $86M. As independent player with $150M cash, ADI pursues M&A consolidation in low-voltage distribution; reflects sector shift toward vendor consolidation in enterprise infrastructure procurement.
ADI Announces Second Quarter 2026 Financial Results
Completed spin-off from Resideo; commenced trading on the NYSE on August 4, 2026.
Record net revenue of $1,286 million; Commercial security growth returns to mid-single digits
Average daily sales growth of 2% year-over-year
Gross margin of 22.7%; up 50 basis points year-over-year
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