Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 64

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 64
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 2025$28.9 Revenues in excess of billings at December 28, 2024$16.2 Unbilled receivables at December 28, 20247.0 Contract assets at December 28, 2024 $23.2 Contract liabilities at June 28, 2025$16.4 Contract liabilities at December 28, 2024$17.9 During the three and six months ended June 28, 2025, we recognized revenue of approximately $3.6 and $12.6, respectively related to contract liabilities at December 28, 2024.  Disaggregation of RevenueThe principal categories we use to disaggregate revenues are by timing and sales channel of revenue recognition. The following disaggregation of revenues depicts our reportable segment revenues by timing and sales channel of revenue recognition for the periods presented:Revenue by Timing of Revenue Recognition(dollar amounts in millions)Three Months EndedSix Months EndedReportable Segments by Timing of Revenue RecognitionJune 28, 2025June 29, 2024June 28, 2025June 29, 2024Janus North AmericaProduct revenues transferred at a point in time$150.1 $168.8 $293.2 $343.0 Product revenues transferred over time13.1 26.6 26.0 59.3 Service revenues transferred over time37.1 35.4 71.8 69.0 $200.3 $230.8 $391.0 $471.3 Janus InternationalProduct revenues transferred at a point in time$15.5 $10.8 $27.2 $19.8 Service revenues transferred over time12.9 7.2 22.4 12.9 $28.4 $18.0 $49.6 $32.7 Eliminations(0.6)(0.4)(2.0)(1.1)Total revenue$228.1 $248.4 $438.6 $502.9 Revenue by Sales Channel (dollar amounts in millions)Three Months EndedSix Months EndedReportable Segments by Sales Channel Revenue RecognitionJune 28, 2025June 29, 2024June 28, 2025June 29, 2024Janus North AmericaSelf-storage - new construction$68.