ADI Posts Record Q2 Revenue of $1.29B, Initiates Standalone 2026 Outlook
ADIG sits 20% above its 52-week low of $21.
Summary
ADI Global Distribution reported record Q2 revenue of $1.29 billion and net income of $6 million, reversing a year-ago loss, and initiated standalone 2026 guidance following its spin-off from Resideo.
Key Events · Earnings and Guidance · ADIG
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Record Q2 Revenue
Net revenue reached $1,286 million, up 1% year-over-year, driven by security, professional AV, and data communications categories.
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Profitability Turnaround
Net income of $6 million compared to a net loss of $283 million in Q2 2025; Adjusted EBITDA of $86 million, down 9% from $95 million.
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Standalone 2026 Outlook Initiated
Full-year net revenue guidance of $4,950-$5,000 million and Adjusted Standalone EBITDA of $275-$295 million.
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Post-Spin Liquidity
Approximately $150 million in cash and a $500 million undrawn revolving credit facility following the spin-off from Resideo.
Analysis · ADIG · Trade & Services
ADI's first earnings report as an independent public company shows record revenue and a swing to profitability, but operating income fell 56% due to higher costs and spin-off expenses. The company initiated full-year guidance of $4.95-$5.0 billion in revenue and $275-$295 million in Adjusted Standalone EBITDA, giving investors a baseline for the newly listed stock. The balance sheet shows $150 million in cash and a $500 million undrawn revolver, providing liquidity to fund operations and reduce leverage.
At the time of this filing, ADIG was trading at $25.23 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.9B. The 52-week trading range was $21.00 to $30.99. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.