Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 21

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 7
Chunk 21
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 - Selling and marketing

Selling and marketing expenses decreased $0.7 or 4.3% and $1.5 or 4.6% for the three and six month periods ended June 28, 2025, respectively. The decrease for the three and six month periods is due to reductions in employee related expenses as a result of a decline in revenue and implementation of our restructuring plan announced in fiscal 2024.

Operating Expenses - General and administrative

General and administrative expenses decreased by $0.3 or 0.8% for the three month period ended June 28, 2025 compared to the three month period ended June 29, 2024. This decrease is primarily due to a reduction in costs as a result of the restructuring plan announced in fiscal 2024. General and administrative expenses increased by $1.9 or 2.7% for the six month period ended June 28, 2025 compared to the six month period ended June 29, 2024. The increase for the six month period is attributable to higher share-based compensation as a result of strategic grants to retain certain key employees and higher amortization expense as a result of the T.M.C. Acquisition which was partially offset by reduction in costs resulting from the restructuring plan announced in fiscal 2024.

Income from Operations

Income from operations decreased by $17.8 or 34.9% and by $48.9 or 45.6% for the three and six month periods ended June 28, 2025, respectively, compared to the three and six month periods ended June 29, 2024 primarily due to a decrease in revenue yielding a decline in margin.

INTERNATIONAL

Results of Operations - Janus International - For the three and six month periods ended June 28, 2025 compared to the three and six month period ended June 29, 2024:

39

Three Months EndedVariance(dollar amounts in millions)June 28, 2025June 29, 2024$%REVENUEProduct revenues$15.5 $10.8 $4.7 43.5 %Service revenues12.9 7.2 5.7 79.2 %Total revenues$28.4 $18.0 $10.4 57.8 %Product cost of revenues10.9 8.3 2.6 31.3 %Service cost of revenues9.6