Company: JBI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001839839-25-000150
Chunk: 89

Company: Janus International Group, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 7
Chunk 89
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 replacement activity. R3 revenues decreased by $19.2 or 10.2% for the nine month period ended September 27, 2025 compared to the nine month period 

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ended September 28, 2024 due to macroeconomic uncertainty as well as an approximately 40% decline in facility expansion and retail big-box conversion activity.

Commercial and other revenues decreased by $16.3 or 20.1%  and by $11.3 or 5.0% for the three and nine month periods ended September 27, 2025, respectively compared to the three and nine month periods ended September 28, 2024. These decreases were attributable to a decline in volumes related to terminal maintenance facilities in both the three and nine month periods as well as market softness for rolling sheet doors.

Consolidated Cost of Revenues 

Three Months EndedVarianceVariance Breakdown(dollar amounts in millions)September 27, 2025September 28, 2024$%Acquisition Cost of RevenuesOrganic GrowthOrganic Growth %Product cost of revenues$103.7 $102.6 $1.11.1 %$— $1.1 1.1 %Service cost of revenues 29.9 36.3 (6.4)(17.6)%— (6.4)(17.6)%Cost of revenues$133.6 $138.9 $(5.3)(3.8)%$— $(5.3)(3.8)% Nine Months EndedVarianceVariance Breakdown(dollar amounts in millions)September 27, 2025September 28, 2024$%Acquisition Cost of RevenuesOrganic GrowthOrganic Growth %Product cost of revenues$300.5 $332.5 $(32.0)(9.6)%$— $(32.0)(9.6)%Service cost of revenues 96.6 89.9 6.77.5 %3.9 $2.8 3.1 %Cost of revenues$397.1 $422.4 $(25.3)(6.0)%$3.9 $(29.2)(6.9)%

Total cost of revenues decreased by $5.3 or 3.8% and by $25.3 or 6.0% for the three and nine month periods ended September 27