Company: JBI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001839839-25-000141
Chunk: 85

Company: Janus International Group, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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 229.8 (33.0)(14.4)%Service cost of revenues66.7 53.7 13.0 24.2 %Cost of revenues$263.5 $283.5 $(20.0)(7.1)%GROSS PROFIT$175.1 $219.4 $(44.3)(20.2)%OPERATING EXPENSESSelling and marketing33.6 34.7 (1.1)(3.2)%General and administrative80.2 77.6 2.6 3.4 %Operating expenses$113.8 $112.3 $1.5 1.3 %INCOME FROM OPERATIONS$61.3 $107.1 $(45.8)(42.8)%Interest expense, net(19.3)(27.3)8.0 (29.3)%Loss on extinguishment and modification of debt— (1.7)1.7 (100.0)%Other income0.5 0.2 0.3 150.0 %INCOME BEFORE TAXES$42.5 $78.3 $(35.8)(45.7)%Provision for income taxes11.0 20.0 (9.0)(45.0)%NET INCOME$31.5 $58.3 $(26.8)(46.0)%Adjusted EBITDA*$87.4 $130.8 $(43.4)(33.2)%

*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.

34

Consolidated Revenues

Three Months EndedVarianceVariance Breakdown(dollar amounts in millions)June 28, 2025June 29, 2024$%Acquisition RevenueOrganic GrowthOrganic Growth %Product revenues (1)$178.1 $205.8 $(27.7)(13.5)%$— $(27.7)(13.5)%Service revenues50.0 42.6 7.4 17.4 %3