Filing Flows › Janus International Group (JBI) › Q1 2025
Janus International Group (JBI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Janus International Group (JBI) reported revenue of $210M for the first quarter 2025 (Q1 2025), -17% from a year earlier and -9% from the quarter before. Operating margin was 12.0%, net earnings $10.8M (5.1% of revenue).
Janus International Group, Q1 2025: revenue $210M (-17% year over year), operating margin 12.0%, net earnings $10.8M, operating cash flow $48.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $210M | -9% | -17% |
| Gross profit | $81.9M | -6% | -26% |
| Operating profit | $25.3M | +98% | -54% |
| Net earnings | $10.8M | 36× | -65% |
| Operating cash flow | $48.3M | -6% | +69% |
| Free cash flow | $41.9M | -8% | +75% |
What changed
Revenue was $210.5M in Q1 2025, down 17% year over year and down 9% from the previous quarter. Product revenues was the largest line at 79% of revenue. Product revenues lost $48.8M year over year (down 23%), 111% of the total change.
Gross margin was 38.9%, down 4.5 points from a year earlier. Operating profit was $25.3M, a 12.0% margin (down 9.8 points year over year). Operating expenses grew 3% against a revenue fall of 17%. Net earnings were $10.8M, down 65% year over year. The effective tax rate was 29.9%.
Operating cash flow was $48.3M (up 69% year over year), 447% of net earnings. Non-cash charges added back $11.2M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $22.3M. Capital expenditures of $6.4M left free cash flow of $41.9M.
Questions
What was Janus International Group's revenue in the first quarter 2025?
Janus International Group (JBI) reported revenue of $210M for the first quarter 2025 (Q1 2025), -17% from a year earlier and -9% from the quarter before.
Was Janus International Group profitable in the first quarter 2025?
Operating profit was $25.3M (12.0% of revenue) and net earnings $10.8M.