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.

AYI Selling, General, and Administrative Expenses, Cost of Goods Sold...

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.