News & Events zu ADI Global Distribution Inc. (ADIG)ADIGADI Global Distribution Inc.

ADI Reports Q2 Net Income of $6M vs. ($283M) Last Year

Reports Q2 net income $6M vs. ($283M) last year. "Our second quarter results, which included record quarterly revenue, reflect the strength of our business and our team's continued execution in a dynamic operating environment," said Rob Aarnes, ADI's President and CEO. "As we begin our next chapter as an independent public company, we are operating from a position of strength and focused on converting our recent investments into greater operating efficiency, expanding profitability and increased cash generation. With leading market positions, a differentiated omnichannel model and multiple avenues for above-market growth, we believe ADI is well positioned for the opportunities ahead."

ADI Global Distribution Completes Spin-off from Resideo, Begins Trading on NYSE Today

ADI Global Distribution announced the completion of its spin-off from Resideo Technologies, establishing ADI as an independent publicly traded company. ADI's common stock will begin "regular way" trading today on the NYSE under the ticker symbol "ADIG". ADI is a global specialty distributor of professionally installed low-voltage products, serving residential and commercial markets through a differentiated omnichannel platform. With $4.8B of revenue in 2025, ADI employs approximately 4,100 team members, offering more than 500,000 products from over 1,000 suppliers and serving over 100,000 customers through a network of nearly 200 global store locations. The spin-off was completed through the distribution of all shares of ADI common stock. Each Resideo common shareholder of record as of the close of business on July 20, 2026, received one share of ADI common stock for every two shares of Resideo common stock held.