Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 17

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 7
Chunk 17
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.0 $(17.8)(34.9)%Adjusted EBITDA*$44.8 $62.8 $(18.0)(28.7)%

Six Months EndedVariance(dollar amounts in millions)June 28, 2025June 29, 2024$%REVENUESProduct revenues319.2 $402.3 $(83.1)(20.7)%Service revenues71.8 69.0 2.8 4.1 %Total revenues391.0 $471.3 $(80.3)(17.0)%Product cost of revenues178.3 216.3 (38.0)(17.6)%Service cost of revenues50.0 43.8 6.2 14.2 %Cost of revenues$228.3 $260.1 $(31.8)(12.2)%GROSS PROFIT$162.7 $211.2 $(48.5)(23.0)%OPERATING EXPENSESSelling and marketing31.2 32.7 (1.5)(4.6)%General and administrative73.2 71.3 1.9 2.7 %Operating expenses$104.4 $104.0 $0.4 0.4 %INCOME FROM OPERATIONS$58.3 $107.2 $(48.9)(45.6)%Adjusted EBITDA*$81.7 $129.0 $(47.3)(36.7)%

*We use measures of performance that are not required by or presented in accordance with GAAP in the United States. Non-GAAP financial performance measures are used to supplement the financial information presented on a GAAP basis. These non-GAAP financial measures should not be considered in isolation or as a substitute for the relevant GAAP measures and should be read in conjunction with information presented on a GAAP basis.

37

Janus North America Revenues Three Months EndedVarianceVariance Breakdown(dollar amounts in millions)June 28, 2025June 29, 2024$%Acquisition RevenueOrganic GrowthOrganic Growth %Product revenues$163.2 $195.4 $(32.2)(16.5)%$— $(32.2)(16.5)%Service revenues37.1 35.4 1.7 4.8 %3.8