Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 96

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 7
Chunk 96
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% decrease in cost of revenues for the three and nine month periods ended September 27, 2025 compared to the three and nine month periods ended September 28, 2024, respectively, is primarily due to a decrease in overall revenues.

The decrease of product cost of revenues of $0.8 and $38.9 for the three and nine month periods ended September 27, 2025 compared to the three and nine month periods ended September 28, 2024, respectively, is in line with the decline in product revenues.

The decrease in service cost of revenues of $9.1 and $2.9 for the three and nine month periods ended September 27, 2025 compared to the three and nine month periods ended September 28, 2024, respectively, is primarily attributable to the decline in service revenues, which was partially offset by service cost of revenues generated by an acquisition.

Operating Expenses - Selling and marketing

Selling and marketing expenses decreased $0.1 or 0.6% from $16.0 and decreased $1.5 or 3.1% from $48.6 for the three and nine month periods ended September 28, 2024 to $15.9 and $47.1 for the three and nine month periods ended September 27, 2025, respectively. The decrease for the nine month period is due to a decrease in employee related expenses. 

Operating Expenses - General and administrative

General and administrative expenses decreased $6.6 or 16.0% and $4.7 or 4.2% 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 decrease for the three and nine month periods ended September 27, 2025 are primarily a result of the prior period recognition of bad debt expense of $8.1 which did not reoccur in the current period, which was offset by the reduction of employee related expenses in the current period from our ongoing strategic transformation plan.

Income from Operations

Income from operations increased by $2.1 or  8.2% and decreased by $46.7 or 35.2% 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 decrease in the nine month period was primarily due to an decrease in revenue yielding a decline in