How did Acuity's revenue and expenses trend in Q1 2025?

Acuity Brands Lighting (AYI) experienced a total revenue of $3.57 billion in Q1 2025, with significant contributions from its business segments. Here's a detailed analysis of AYI's revenue and expenses in Q1 2025:

1. Revenue Trend:
   • AYI's revenue was distributed across various segments, with Acuity Brands Lighting contributing $3.57 billion to the total revenue.
   • Independent Sales Network also contributed substantially, generating $2.55 billion in revenue.
2. Expense Analysis:
   • The cost of goods sold for AYI in Q1 2025 was $538.3 million.
   • Research and development (R&D) expenses totaled $357.8 million.
   • Selling, general, and administrative expenses were $357.8 million.

In conclusion, Acuity Brands Lighting (AYI) demonstrated robust revenue growth in Q1 2025, driven by strong contributions from its business segments. While expenses were significant, particularly in R&D and SG&A, the company's financial performance reflected a healthy balance between revenue and costs.