Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 100

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 7
Chunk 100
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2024$%Product cost of revenues$31.9 $23.7 $8.2 34.6 %Service cost of revenues 26.2 16.5 9.7 58.8 %Cost of revenues$58.1 $40.2 $17.9 44.5 %

Cost of revenues increased by $5.1 or 32.3% and $17.9 or 44.5% for the three and nine month periods ended September 27, 2025 compared to the three and nine month periods ended September 28, 2024, respectively. The change in cost of revenues is driven by the aforementioned changes in revenue.

Income from Operations

42

Income from operations increased from $1.0 to $1.5 for the three month period ended September 27, 2025, and from $0.9 to $4.6 for the nine month period ended September 27, 2025 compared to the three and nine month periods ended September 28, 2024. The increase for the periods is primarily due to an increase in sales volume.

Results of Operations - Eliminations

Eliminations include transactions to account for intercompany activity. The eliminations necessary to arrive at consolidated financial information activity for the three and nine month periods ended September 27, 2025 and September 28, 2024 are as follows:

Revenues

Three Months EndedNine Months Ended(dollar amounts in millions)September 27, 2025September 28, 2024September 27, 2025September 28, 2024North America Segment revenues before eliminations$191.8 $209.1 $582.8 $680.3 International Segment revenues before eliminations28.3 21.3 77.9 54.1 Intersegment Eliminations(0.8)(0.3)(2.8)(1.4)Consolidated total revenues$219.3 $230.1 $657.9 $733.0 

Cost of revenues

Three Months EndedNine Months Ended(dollar amounts in millions)September 27, 2025September 28, 2024September 27, 2025September 28, 2024North America Segment revenues before eliminations$113.5 $123.4 $341.8 $383.6 International Segment revenues before eliminations20.