Filing Flows › Janus Living (JAN) › Q3 2026
Janus Living (JAN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Janus Living (JAN) reported revenue of $268M for the third quarter 2026 (Q3 2026), +78% from a year earlier and +24% from the quarter before. Operating margin was -4.8%, net loss $5.6M (2.1% of revenue).
Janus Living, Q3 2026: revenue $268M (+78% year over year), operating margin -4.8%, net loss $5.6M, operating cash flow $112M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $268M | +24% | +78% |
| Operating profit | −$13.0M | — | — |
| Net earnings | −$5.6M | -138% | — |
| Operating cash flow | $112M | +41% | +371% |
| Free cash flow | $75.0M | +40% | — |
What changed
Revenue was $268.3M in Q3 2026, up 78% year over year and up 24% from the previous quarter. Room and rents was the largest line at 81% of revenue. Room and rents added $99.6M year over year (up 85%), 85% of the total change.
Operating costs exceeded revenue by $13.0M, an operating margin of -4.8%. Total costs grew 90% against revenue growth of 78%. The quarter ended with a net loss of $5.6M, after a profit of $14.9M the previous quarter. Minority interests bore $1.3M of it: to shareholders the quarter was a loss of $4.3M. Non-operating items added $8.3M, -175% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $111.8M (up 371% year over year). Non-cash charges added back $78.7M of depreciation and amortization and $360K of share-based compensation. Working capital and other items added $38.4M. Capital expenditures of $36.9M left free cash flow of $75.0M.
Questions
What was Janus Living's revenue in the third quarter 2026?
Janus Living (JAN) reported revenue of $268M for the third quarter 2026 (Q3 2026), +78% from a year earlier and +24% from the quarter before.
Was Janus Living profitable in the third quarter 2026?
Operating loss was $13.0M (-4.8% of revenue) and net loss $5.6M.
Source: Janus Living 10-Q on SEC EDGAR.