Johnson Controls International plc SEC 10-Q Report

Johnson Controls International plc, a global leader in building products and technology, integrated solutions, and energy storage, has released its Form 10-Q report for the third quarter of fiscal year 2025. The report highlights the company's financial performance and operational achievements, providing insights into its strategic initiatives and future outlook.

Financial Highlights

• Net Sales: $6,052 million, reflecting a slight increase from $5,898 million in the same period last year, driven by growth in both Products and Systems and Services.
• Gross Profit: $2,246 million, up from $2,109 million, indicating improved cost management and efficiency.
• Income from Continuing Operations: $618 million, a decrease from $851 million, impacted by higher selling, general and administrative expenses.
• Net Income: $778 million, down from $1,052 million, primarily due to increased restructuring and impairment costs.
• Basic Earnings Per Share Attributable to Johnson Controls: $1.07, compared to $1.45 in the prior year, reflecting the impact of lower net income.
• Diluted Earnings Per Share Attributable to Johnson Controls: $1.07, down from $1.45, consistent with the decrease in net income.

Business Highlights

• Revenue Segments: The company reported revenue from three main segments: Americas, EMEA, and APAC. The Americas segment generated $4,042 million in revenue for the three months ended June 30, 2025, while EMEA and APAC contributed $1,273 million and $737 million, respectively.
• Geographical Performance: The Americas segment showed stable performance with a slight increase in revenue compared to the previous year. EMEA and APAC also demonstrated growth, with EMEA increasing from $1,177 million to $1,273 million and APAC from $686 million to $737 million.
• Segment EBITA: The EBITA for the Americas segment was $742 million, showing a decrease from the previous year's $804 million. EMEA and APAC segments reported EBITA of $177 million and $143 million, respectively, indicating growth in both regions.
• Future Outlook: The company realigned its operations into three reportable segments (Americas, EMEA, and APAC) to drive simplification and accelerate growth. This strategic move is expected to enhance operational efficiency and better align resources with market demands.
• Operational Strategy: The company is focusing on delivering outcome-based solutions across the lifecycle of a building, addressing customer needs for improved energy efficiency, enhanced security, and reduced greenhouse gas emissions. This strategic focus is expected to create greater value for stakeholders.

SEC Filing: Johnson Controls International plc [ JCI ] - 10-Q - Aug. 06, 2025