Filing Flows › Janus Living (JAN) › Q3 2026 › vs Q2 2026
Janus Living (JAN) Q3 2026 vs Q2 2026 (quarter over quarter)
Janus Living's revenue rose $51.8M (+24%) from $216M in Q2 2026 to $268M in Q3 2026. The biggest changes: Room and rents +$47.9M (+28%); Ancillary and other services +$2.0M (+7%); Non-refundable entrance fee amortization +$2.0M (+10%).
Janus Living, Q3 2026: revenue $268M (+78% year over year), operating margin -4.8%, net loss $5.6M, operating cash flow $112M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 27.9% | 24.8% | +3.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Room and rents | $217M | $169M | $47.9M | +28% |
| Ancillary and other services | $29.8M | $27.8M | $2.0M | +7% |
| Non-refundable entrance fee amortization | $21.4M | $19.5M | $2.0M | +10% |
| Revenue | $268M | $216M | $51.8M | +24% |
| Other income, net | $8.3M | $20.3M | −$12.1M | -59% |
| Net loss | $5.6M | −$14.9M | $20.5M | — |
| Costs & expenses | $282M | $239M | $43.6M | +18% |
| Operating costs | $281M | $224M | $57.6M | +26% |
| Income tax | $891K | −$1.7M | $2.6M | — |
| Operating cash sources | $117M | $64.7M | $52.7M | +81% |
| Depreciation & amortization | $78.7M | $56.5M | $22.2M | +39% |
| Share-based compensation | $360K | $357K | $3K | +0.8% |
| Working capital & other | $38.4M | $7.9M | $30.5M | +387% |
| Net loss absorbed | $5.6M | −$14.9M | $20.5M | — |
| Operating cash flow | $112M | $79.6M | $32.3M | +41% |
| Free cash flow (OCF − capex) | $75.0M | $53.7M | $21.3M | +40% |
| Capital expenditures | $36.9M | $25.9M | $11.0M | +43% |
Questions
How much did Janus Living's revenue grow quarter over quarter in Q3 2026?
Janus Living's revenue rose $51.8M (+24%) from $216M in Q2 2026 to $268M in Q3 2026.
What drove Janus Living's revenue change in Q3 2026?
Room and rents +$47.9M (+28%); Ancillary and other services +$2.0M (+7%); Non-refundable entrance fee amortization +$2.0M (+10%).