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.

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Cost of Goods Sold|R&D Expenses|Total Revenue|Advertising and Marketing Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|
|AYI|AYI.N|Acuity|2024 Q2|2.943E8|4.935E8||9.059E8||169|
|AYI|AYI.N|Acuity|2024 Q3|3.069E8|5.159E8||9.681E8||169|
|AYI|AYI.N|Acuity|2024 Q4|3.317E8|5.436E8||1.0323E9||169|
|AYI|AYI.N|Acuity|2025 Q1|3.16E8|5.023E8||9.516E8||169|

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.