Filing Flows › Janus Living (JAN) › Q2 2026
Janus Living (JAN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Janus Living (JAN) reported revenue of $216M for the second quarter 2026 (Q2 2026), +45% from a year earlier and +8% from the quarter before. Operating margin was -3.3%, net earnings $14.9M (6.9% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $216M | +8% | +45% |
| Operating profit | −$7.2M | — | — |
| Net earnings | $14.9M | -47% | — |
| Operating cash flow | $79.6M | +139% | +61% |
| Free cash flow | $53.7M | +304% | +378% |
What changed
Revenue was $216.5M in Q2 2026, up 45% year over year and up 8% from the previous quarter. Room and rents was the largest line at 78% of revenue. Room and rents added $57.4M year over year (up 51%), 85% of the total change.
Operating costs exceeded revenue by $7.2M, an operating margin of -3.3%. Total costs grew 53% against revenue growth of 45%. Net earnings were $10.7M. The effective tax rate was -13.3%. Non-operating items added $20.3M, 155% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $79.6M (up 61% year over year), 536% of net income including minority interests. Non-cash charges added back $56.5M of depreciation and amortization and $357K of share-based compensation. Working capital and other items added $7.9M. Capital expenditures of $25.9M left free cash flow of $53.7M.
Questions
What was Janus Living's revenue in the second quarter 2026?
Janus Living (JAN) reported revenue of $216M for the second quarter 2026 (Q2 2026), +45% from a year earlier and +8% from the quarter before.
Was Janus Living profitable in the second quarter 2026?
Operating loss was $7.2M (-3.3% of revenue) and net earnings $14.9M.
Source: Janus Living 10-Q on SEC EDGAR.