Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 10

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 7
Chunk 10
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Service revenues50.0 42.6 7.4 17.4 %Total revenues$228.1 $248.4 $(20.3)(8.2)%Product cost of revenues99.1 115.1 (16.0)(13.9)%Service cost of revenues35.8 24.3 11.5 47.3 %Cost of revenues$134.9 $139.4 $(4.5)(3.2)%GROSS PROFIT$93.2 $109.0 $(15.8)(14.5)%OPERATING EXPENSESSelling and marketing16.7 17.1 (0.4)(2.3)%General and administrative40.5 40.3 0.2 0.5 %Operating expenses$57.2 $57.4 $(0.2)(0.3)%INCOME FROM OPERATIONS$36.0 $51.6 $(15.6)(30.2)%Interest expense, net(9.1)(13.0)3.9 (30.0)%Loss on extinguishment and modification of debt— (1.7)1.7 (100.0)%Other income0.2 0.2 — — %INCOME BEFORE TAXES$27.1 $37.1 $(10.0)(27.0)%Provision for income taxes6.4 9.5 (3.1)(32.6)%NET INCOME$20.7 $27.6 $(6.9)(25.0)%Adjusted EBITDA*$49.0 $64.5 $(15.5)(24.0)%

Six Months EndedVariance(dollar amounts in millions)June 28, 2025June 29, 2024$%REVENUESProduct revenues$344.4 $420.9 $(76.5)(18.2)%Service revenues94.2 82.0 12.2 14.9 %Total revenues$438.6 $502.9 $(64.3)(12.8)%Product cost of revenues196.8 229.8 (33.0)(14.4)%Service cost of revenues66.7 53.7 13.0 24.2 %Cost of revenues$263.5 $