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  "documentTitle": "Resideo Technologies, Inc. (REZI)",
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  "presentationDate": "2026-01-27 00:00:00",
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      "text": "Cutting R&D for a technology-centric business is a risky move that could hamper future competitiveness and revenue.",
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      "text": "R&D expense per engineer: $105,815",
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      "text": "In the past three years, R&D spending has not kept pace with revenue or engineering headcount. R&D margin has modestly declined while R&D expense per average engineer has sharply declined. It appears that REZI materially cut Snap's R&D spending.",
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      "text": "Research and development expenses for the year ended December 31, 2024, were $111 million, an increase of $2 million as compared to the same period in 2023. The increase was primarily driven by $17 million from the acquisition of Snap One, which was partially offset by $15 million from lower third-party spend and personnel costs. Key drivers of the lower spend relate to optimization efforts and a realignment of IT resources towards maintenance projects within the Products and Solutions segment. — REZI 2024 Disclosure",
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