Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 97

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 97
---
*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.

Janus International Revenues 

Three Months EndedVariance (dollar amounts in millions)June 28, 2025June 29, 2024$%Product 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 %

Six Months EndedVariance (dollar amounts in millions)June 28, 2025June 29, 2024$%Product revenues$27.2 $19.8 $7.4 37.4 %Service revenues22.4 12.9 9.5 73.6 %Total revenues$49.6 $32.7 $16.9 51.7 %

40

Revenues increased $10.4 or 57.8% and $16.9 or 51.7% for the three and six month periods ended June 28, 2025, respectively, compared to the three and six month periods ended June 29, 2024. These increases are due to an increase in volume as a result of improving local market conditions compared to prior year which was negatively affected by the U.K. recessionary period starting late fiscal 2023 and impacting most of fiscal 2024.

The following tables and discussions illustrate the sales by channel for the three and six month periods ended June 28, 2025 and June 29, 2024.

Three Months EndedVariance(dollar amounts in millions)June 28, 2025% of Total SalesJune 29, 2024% of Total Sales$%Self-storage - new construction $25.188.4 %$15.284.4 %$9.9 65.1 %Self-storage - R33.311.6 %2.815.6 %0.5 17.9 %Total revenues$28.4100.