Janus International Group reported a weaker third quarter, with revenue down 2.8% year over year and adjusted EBITDA falling 22%. The self-storage, commercial and industrial building-solutions provider posted a net loss, though it reported positive adjusted net income. Its update also showed continued growth in connected devices for its Nokē Smart Entry System.
- Revenue: $213.1 million for the quarter ended October 3, 2026, down 2.8% from a year earlier.
- Profitability: Janus recorded a net loss of $13.3 million, or $0.10 per diluted share. On an adjusted basis, net income was $10.8 million and diluted earnings per share were $0.08.
- Adjusted EBITDA: $34.0 million, down 22.0% year over year. Adjusted EBITDA margin was 16.0%, a decline of about 390 basis points.
- Connected devices: The Nokē Smart Entry System had 524,000 connected devices at quarter-end, up 19.4% year over year.
- Investor materials: Janus also released a quarterly earnings presentation and an updated investor presentation.
The figures show that adjusted operating profitability declined substantially faster than revenue in the quarter, while the company’s connected-device count continued to grow.