Revenue: As of FY2026 Q2, the actual value is USD 1.286 B.

EBIT: As of FY2026 Q2, the actual value is USD 40 M.

Second Quarter 2026 Financial Highlights

Net Revenue

ADI Global Distribution Inc. reported net revenue of $1,286 million for the second quarter of 2026, an increase of 1% year-over-year, with average daily sales growth of 2% year-over-year despite one fewer sales day . This growth was primarily driven by the security, professional audio-visual, and data communications categories .

Gross Margin

Gross margin for the second quarter of 2026 was 22.7%, an increase of 50 basis points from 22.2% in the second quarter of 2025 . This improvement was favorably impacted by approximately $20 million in tariff refunds .

Operating Expenses

Research and development expenses increased by $2 million to $11 million in the second quarter of 2026 . Selling, general and administrative expenses rose by $16 million to $206 million . Total operating expenses for the three months ended July 4, 2026, were $267 million, compared to $226 million for the three months ended June 28, 2025 .

Income from Operations

Income from operations in the second quarter of 2026 was $25 million, representing a 56% decrease from $57 million in the second quarter of 2025 .

Net Income (Loss)

ADI Global Distribution Inc. reported net income of $6 million for the second quarter of 2026, a significant improvement compared to a net loss of - $283 million in the second quarter of 2025 .

Adjusted EBITDA

Adjusted EBITDA decreased by 9% to $86 million, or 6.7% of net revenue, in the second quarter of 2026, compared to $95 million, or 7.4% of net revenue, in the second quarter of 2025 .

Six Months Ended July 4, 2026, Financial Highlights

Net Revenue

Net revenue for the six months ended July 4, 2026, was $2,492 million, up from $2,398 million for the six months ended June 28, 2025 .

Gross Profit

Gross profit for the six months ended July 4, 2026, was $548 million, compared to $525 million for the same period in 2025 .

Income from Operations

Income from operations for the six months ended July 4, 2026, was $38 million, down from $82 million in the prior year period .

Net Income (Loss)

Net income for the six months ended July 4, 2026, was $5 million, compared to a net loss of - $298 million for the six months ended June 28, 2025 .

Cash Flow from Operating Activities

Net cash used in operating activities for the six months ended July 4, 2026, was - $76 million, a decrease from $32 million provided by operating activities in the same period of 2025 .

Capital Expenditures

Capital expenditures for the six months ended July 4, 2026, were - $26 million, compared to - $21 million in the prior year period .

Liquidity

Upon completion of the spin-off, ADI Global Distribution Inc.’s liquidity included approximately $150 million of cash and a $500 million undrawn revolving credit facility . The company expects to generate consistent cash flow and intends to use it to reduce leverage over time, while maintaining flexibility for organic growth and value-accretive tuck-in acquisitions .

Outlook

ADI Global Distribution Inc. projects full-year 2026 net revenue to be between $4,950 million and $5,000 million . For the second half of 2026, net revenue is expected to range from $2,458 million to $2,508 million, with Non-GAAP Adjusted Standalone EBITDA estimated between $139 million and $159 million . The full-year Non-GAAP Adjusted Standalone EBITDA is anticipated to be between $275 million and $295 million .