Quarterly report [Sections 13 or 15(d)]

Segments Information (Tables)

v3.26.1
Segments Information (Tables)
 6 Months Ended
Jul. 04, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting
The following table presents segment revenue, gross profit, and Adjusted EBITDA for the periods presented:

(dollar amounts in millions) Janus North
America		 Janus
International 		Intersegment
eliminations		 Total
Three months ended July 4, 2026
Revenues $ 202.9  $ 31.1  $ (0.5) $ 233.5 
Cost of revenues 130.6  23.1  (0.5) 153.2 
Gross profit $ 72.3  $ 8.0  $ —  $ 80.3 
Other segment items (1)
(35.9) (4.2) —  (40.1)
Adjusted EBITDA* $ 36.4  $ 3.8  $ —  $ 40.2 
(dollar amounts in millions) Janus North
America		 Janus
International		 Intersegment
eliminations		 Total
Three months ended June 28, 2025
Revenues $ 200.3  $ 28.4  $ (0.6) $ 228.1 
Cost of revenues 115.0  20.5  (0.6) 134.9 
Gross profit $ 85.3  $ 7.9  $ —  $ 93.2 
Other segment items (1)
(40.5) (3.7) —  (44.2)
Adjusted EBITDA* $ 44.8  $ 4.2  $ —  $ 49.0 
(dollar amounts in millions) Janus North
America		 Janus
International		 Intersegment
eliminations		 Total
Six months ended July 4, 2026
Revenues $ 398.8  $ 58.4  $ (1.0) $ 456.2 
Cost of revenues 256.8  44.9  (1.0) 300.7 
Gross profit $ 142.0  $ 13.5  $ —  $ 155.5 
Other segment items (1)
(74.1) (8.2) —  (82.3)
Adjusted EBITDA* $ 67.9  $ 5.3  $ —  $ 73.2 
(dollar amounts in millions) Janus North
America		 Janus
International		 Intersegment
eliminations		 Total
Six months ended June 28, 2025
Revenues $ 391.0  $ 49.6  $ (2.0) $ 438.6 
Cost of revenues 228.3  37.2  (2.0) 263.5 
Gross profit $ 162.7  $ 12.4  $ —  $ 175.1 
Other segment items (1)
(81.0) (6.7) —  (87.7)
Adjusted EBITDA* $ 81.7  $ 5.7  $ —  $ 87.4 
(1)Other segment items included in Adjusted EBITDA primarily include selling and marketing expense and general and administrative expense.
* 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.


The following table presents a reconciliation of reportable segment net income to Adjusted EBITDA for the periods presented:

Three Months Ended Six Months Ended
(dollar amounts in millions) July 4, 2026 June 28, 2025 July 4, 2026 June 28, 2025
Consolidated reconciliation
Net income $ 10.7  $ 20.7  $ 10.9  $ 31.5 
Interest, net 7.4  9.1  15.5  19.3 
Income taxes 2.4  6.4  4.7  11.0 
Depreciation and amortization 15.6  11.2  31.2  22.4 
Restructuring & other Adjusted EBITDA adjustments 4.1  1.6  10.9  3.2 
Adjusted EBITDA* $ 40.2  $ 49.0  $ 73.2  $ 87.4 
* 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.
Segment information for the periods presented is as follows:

Three Months Ended Six Months Ended
(dollar amounts in millions) July 4, 2026 June 28, 2025 July 4, 2026 June 28, 2025
Depreciation expense - cost of revenues
Janus North America $ 2.1  $ 1.8  $ 4.1  $ 3.5 
Janus International 0.4  0.3  0.8  0.6 
Consolidated depreciation expense - cost of revenues $ 2.5  $ 2.1  $ 4.9  $ 4.1 
Depreciation expense - operating expenses
Janus North America $ 1.1  $ 0.8  $ 2.2  $ 1.6 
Janus International —  0.1  0.1  0.2 
Consolidated depreciation expense - operating expenses $ 1.1  $ 0.9  $ 2.3  $ 1.8 
Amortization of intangible assets
Janus North America $ 11.7  $ 7.9  $ 23.4  $ 15.9 
Janus International 0.3  0.3  0.6  0.6 
Consolidated amortization expense $ 12.0  $ 8.2  $ 24.0  $ 16.5 
Purchases of property, plant, and equipment
Janus North America $ 2.7  $ 6.2  $ 5.4  $ 12.9 
Janus International 0.1  0.3  0.2  0.3 
Consolidated purchases of property, plant, and equipment $ 2.8  $ 6.5  $ 5.6  $ 13.2 

(dollar amounts in millions) Janus North
America		 Janus
International 		Intersegment
eliminations		 Total
Three months ended July 4, 2026
Product revenues $ 167.7  $ 30.7  $ (0.5) $ 197.9 
Service revenues 35.2  0.4  —  $ 35.6 
Total revenues $ 202.9  $ 31.1  $ (0.5) $ 233.5 
Three months ended June 28, 2025
Product revenues $ 163.2  $ 28.3  $ (0.6) $ 190.9 
Service revenues 37.1  0.1  —  $ 37.2 
Total revenues $ 200.3  $ 28.4  $ (0.6) $ 228.1 
(dollar amounts in millions) Janus North
America		 Janus
International		 Intersegment
eliminations		 Total
Six months ended July 4, 2026
Product revenues $ 329.9  $ 57.8  $ (1.0) $ 386.7 
Service revenues 68.9  0.6  —  $ 69.5 
Total revenues $ 398.8  $ 58.4  $ (1.0) $ 456.2 
Six months ended June 28, 2025
Product revenues $ 319.2  $ 49.4  $ (2.0) $ 366.6 
Service revenues 71.8  0.2  —  $ 72.0 
Total revenues $ 391.0  $ 49.6  $ (2.0) $ 438.6 

Segment information as of the periods presented is as follows:

(dollar amounts in millions)
 July 4, 2026 January 3, 2026
Identifiable assets
Janus North America $ 1,229.3  $ 1,231.7 
Janus International 81.7  73.3 
Consolidated identifiable assets $ 1,311.0  $ 1,305.0