Filing Flows › Janus Living (JAN) › Q2 2026 › vs Q2 2025
Janus Living (JAN) Q2 2026 vs Q2 2025 (year over year)
Janus Living's revenue rose $67.6M (+45%) from $149M in Q2 2025 to $216M in Q2 2026. The biggest changes: Room and rents +$57.4M (+51%); Non-refundable entrance fee amortization +$6.0M (+45%); Ancillary and other services +$4.2M (+18%).
Janus Living, Q2 2026: revenue $216M (+45% year over year), operating margin -3.3%, net earnings $14.9M, operating cash flow $79.6M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 24.8% | 7.5% | +17.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Room and rents | $169M | $112M | $57.4M | +51% |
| Ancillary and other services | $27.8M | $23.7M | $4.2M | +18% |
| Non-refundable entrance fee amortization | $19.5M | $13.5M | $6.0M | +45% |
| Revenue | $216M | $149M | $67.6M | +45% |
| Other income, net | $20.3M | −$3.0M | $23.4M | — |
| Income tax benefit | $1.7M | −$2.1M | $3.8M | — |
| Costs & expenses | $239M | $151M | $87.1M | +58% |
| Operating costs | $224M | $146M | $77.4M | +53% |
| Net earnings | $14.9M | −$2.6M | $17.4M | — |
| Operating cash sources | $79.6M | $49.5M | $30.1M | +61% |
| Depreciation & amortization | $56.5M | $31.2M | $25.3M | +81% |
| Share-based compensation | $357K | $0 | $357K | — |
| Working capital & other | $7.9M | $20.9M | −$13.0M | -62% |
| Operating cash flow | $79.6M | $49.5M | $30.1M | +61% |
| Free cash flow (OCF − capex) | $53.7M | $11.2M | $42.5M | +378% |
| Capital expenditures | $25.9M | $38.2M | −$12.4M | -32% |
Questions
How much did Janus Living's revenue grow year over year in Q2 2026?
Janus Living's revenue rose $67.6M (+45%) from $149M in Q2 2025 to $216M in Q2 2026.
What drove Janus Living's revenue change in Q2 2026?
Room and rents +$57.4M (+51%); Non-refundable entrance fee amortization +$6.0M (+45%); Ancillary and other services +$4.2M (+18%).