Filing Flows › Jeld-Wen Holding (JELD) › Q1 2025
Jeld-Wen Holding (JELD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Jeld-Wen Holding (JELD) reported revenue of $776M for the first quarter 2025 (Q1 2025), -19% from a year earlier and -13% from the quarter before. Operating margin was -23.8%, net loss $190M (24.5% of revenue).
Jeld-Wen Holding, Q1 2025: revenue $776M (-19% year over year), operating margin -23.8%, net loss $190M, operating cash flow −$83.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $776M | -13% | -19% |
| Operating profit | −$185M | — | — |
| Net earnings | −$190M | — | — |
| Operating cash flow | −$83.5M | — | — |
What changed
Revenue was $776.0M in Q1 2025, down 19% year over year and down 13% from the previous quarter.
Gross margin was 14.4%, down 3.5 points from a year earlier. Operating costs exceeded revenue by $185.0M, an operating margin of -23.8%. Operating expenses grew 48% against a revenue fall of 19%. The fastest-growing cost line was Other operating costs (+743%). The quarter ended with a net loss of $190.1M, wider than the previous quarter's $68.4M loss.
Operating cash flow was −$83.5M. Non-cash charges added back $27.3M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $76.1M. Capital expenditures of $36.8M exceeded it, leaving free cash flow of −$120.3M.
Questions
What was Jeld-Wen Holding's revenue in the first quarter 2025?
Jeld-Wen Holding (JELD) reported revenue of $776M for the first quarter 2025 (Q1 2025), -19% from a year earlier and -13% from the quarter before.
Was Jeld-Wen Holding profitable in the first quarter 2025?
Operating loss was $185M (-23.8% of revenue) and net loss $190M.
Source: Jeld-Wen Holding 10-Q on SEC EDGAR.