Janus International 2025 Q3 Earnings Net Income Surges 28.8% Despite Revenue Drop

Janus International (JBI) reported fiscal 2025 Q3 earnings on Nov 7, 2025, with revenue declining 4.7% year-over-year to $219.3 million but net income rising 28.8% to $15.2 million. The company missed Wall Street’s revenue and EPS estimates and narrowed full-year revenue guidance to $870–$880 million, while EBITDA guidance was reduced to $164–$170 million.

Revenue

Total revenue fell 4.7% to $219.3 million, driven by a 20.1% decline in the Commercial and Other segment, primarily due to TMC project timing delays. Self-Storage revenue grew 3.7%, partially offsetting the downturn. International segment revenue surged 32.9% to $28.3 million, reflecting strong demand in key markets.

Earnings/Net Income

Janus International’s EPS rose 37.5% to $0.11, and net income grew 28.8% to $15.2 million. Despite the revenue decline, the company’s profitability strengthened through operational efficiencies and cost management, highlighting resilient business performance.

Post-Earnings Price Action Review

The strategy of buying JBI shares on revenue raise announcements and holding for 30 days showed mixed performance over three years, yielding a 14.5% total return with a 7.5% annualized gain. Six quarters delivered positive returns, peaking at 24.1% in Q1 2023, while three quarters saw losses, including a -15.8% drop in Q3 2024. Market reactions varied based on the perceived sustainability of revenue growth, with positive sentiment driving gains and doubts triggering sharp declines.

CEO Commentary

CEO Ramey Jackson emphasized operational excellence and long-term positioning, stating, “Our team continues to execute in a challenging environment… Supported by our balance sheet and cash flow foundation, we will invest for future growth.”

Guidance

Janus International updated full-year 2025 revenue guidance to $870–$880 million (prior: $860–$890 million) and EBITDA to $164–$170 million (prior: $175–$195 million). The company expects cost savings of $10–$12 million by year-end and maintains a $75 million share repurchase program.

Additional News

1. Share Repurchase Program: Janus repurchased 82,000 shares for $0.8 million in Q3, with $80.5 million remaining under its buyback authorization.

2. International Growth: The International segment’s 32.9% revenue increase underscores expansion in high-growth markets, driven by Noke Smart Entry adoption.

3. Product Innovation: The Noke Ion smart locking solution gained traction, with large institutional clients reporting a 90% reduction in theft.