Janus International Group, Inc. · NYSE:JBI
Janus International — Q2 2026 Earnings Presentation
23 slides from Janus International's earnings presentation, Aug 11, 2026
Slide 1: Second Quarter 2026 Earnings Presentation
SECOND QUARTER 2026 EARNINGS PRESENTATION August 11,by: Presented 2026 JanusIntl.com JanusIntl.com 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements in this communication, including the estimated guidance provided under “2026 Guidance and Key Planning Assumptions,” “Long-Term Fundamentals and Investment Highlights” and “Positioned for Sequential Margin Improvement”, herein, may be considered “forward
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures Janus uses measures of performance that are not required by or presented in accordance with GAAP in the United States. Non-GAAP financial performance measures are used to supplement the financial information presented on a GAAP basis. These non-GAAP financial measures sho
Slide 4: Agenda
Agenda Ramey Jackson Anselm Wong Chief Executive Officer Chief Financial Officer 2Q26 Review & 2Q26 Financial Overview & Business Update Guidance Update JanusIntl.com 4
Slide 5: Second Quarter 2026 Highlights
Second Quarter 2026 Highlights • Delivered $233.5 million in Total Revenue compared to $228.1 million in 2Q 2025 • Total Self-Storage up 15.4% year-over-year; New Construction up 20.3%, Restore, Rebuild & Replace (“R3”) up 6.6% ◦ Kiwi II Construction contributed $19.2 million to the New Construction
Slide 6: G.R.O.W. Strategy
G.R.O.W. Strategy Executing a focused strategy to expand share, scale technology and security solutions, and create long-term value G R O W Greater Penetration of Ramp Adoption of Smart Outperform in Win Through Strategic, Self-Storage Security Solutions Commercial Markets Accretive Acquisitions Exp
Slide 7: Financial Results Overview
Financial Results Overview Adj. EBITDA1 Adj. Diluted EPS1 Operating Revenue Cash Flow 2Q 2026 $233.5M $40.2M $0.17 2.4% increase 18.0% decrease Adj. Net Income1 $24.4M 17.2% margin of $23.9M FCF1 of $21.6M Adj. EBITDA1 Adj. Diluted EPS1 Operating Revenue YTD 2026 $456.2M $73.2M $0.26 Cash Flow 4.0%
Slide 8: Revenue Breakdown by Sales Channel
Revenue Breakdown by Sales Channel $ in millions New Construction R3 Commercial & Other • 2Q 2026 revenue of $113.0M up 20.3% • 2Q 2026 revenue of $56.4M up 6.6% • 2Q 2026 revenue of $64.1M down 21.2% year-over-year year-over-year year-over-year • $19.2 million in revenue from Kiwi II • Strength in
Slide 9: Second Quarter 2026 Revenue and Adj. EBITDA Drivers
Second Quarter 2026 Revenue and Adj. EBITDA1 Drivers $ in millions Revenue Adjusted EBITDA 1. Adjusted EBITDA is not a financial measure determined in accordance with GAAP. For a definition of this metric and a reconciliation to our most directly comparable financial measure calculated and presented
Slide 10: Year-to-Date 2026 Revenue and Adj. EBITDA Drivers
Year-to-Date 2026 Revenue and Adj. EBITDA1 Drivers $ in millions Revenue Adjusted EBITDA 1. Adjusted EBITDA is not a financial measure determined in accordance with GAAP. For a definition of this metric and a reconciliation to our most directly comparable financial measure calculated and presented i
Slide 11: Strong Balance Sheet & Liquidity Enable Financial Flexibility
Strong Balance Sheet & Liquidity Enable Financial Flexibility Balanced Capital Allocation Approach Solid Free Cash Flow1 Generation • Track record of identifying, executing, ($ in millions) and integrating acquisitions to support strategic growth 1 Acquisitions • Highly accretive M&A strategy • Acqu
Slide 12: Positioned for Sequential Margin Improvement
Positioned for Sequential Margin Improvement1 Additional levers expected to support profitability in the second half despite ongoing macro volatility Actions Underway to Support Improved Second Half Margins • Further realization of commercial actions • Improved manufacturing efficiency and facility
Slide 13: 2026 Guidance and Key Planning Assumptions
2026 Guidance and Key Planning Assumptions1 Revenue Assumption Estimate $925M - $945M Depreciation and $58M - $68M Includes $80M - $90M inorganic revenue Amortization 5.7% growth at the midpoint year-over-year Capital Expenditures 1.5% - 2.0% of Revenue Adjusted EBITDA2 Interest Expense, net $29M -
Slide 14: Long-Term Fundamentals and Investment Highlights
Long-Term Fundamentals and Investment Highlights Industry Leader in Well-Structured Market Sustainable Demand Drivers Support with Attractive Areas for Expansion Future Growth Self-Storage (New Construction and R3): Self-Storage (New Construction & R3): • Provider of end-to-end solutions, from early
Slide 15: Appendix
APPENDIX JanusIntl.com 15
Slide 16: Adjusted EBITDA Reconciliation
Adjusted EBITDA* Reconciliation (In millions, except percentages) Three Months Ended Variance June 28, July 4, 2026 Margin(1) 2025 Margin(1) $ % Net Income $ 10.7 4.6 % $ 20.7 9.1 % $ (10.0) (48.3) % Interest, net 7.4 9.1 (1.7) (18.7) % Income taxes 2.4 6.4 (4.0) (62.5) % Depreciation 3.6 3.0 0.6 20
Slide 17: Adjusted EBITDA Reconciliation Continued
Adjusted EBITDA* Reconciliation Continued (In millions, except percentages) Six Months Ended Variance June 28, July 4, 2026 Margin(1) 2025 Margin(1) $ % Net Income $ 10.9 2.4 % $ 31.5 7.2 % $ (20.6) (65.4) % Interest, net 15.5 19.3 (3.8) (19.7) % Income taxes 4.7 11.0 (6.3) (57.3) % Depreciation 7.2
Slide 18: Adjusted EBITDA Reconciliation Continued
Adjusted EBITDA* Reconciliation Continued (In millions, except percentages) Year Ended January 3, 2026 December 28, 2024 December 30, 2023 December 31, 2022 January 1, 2022 Net Income $ 53.8 $ 70.4 $ 135.7 $ 107.7 $ 43.8 Interest expense, net 36.8 49.6 60.0 42.0 32.9 Income taxes 21.7 29.9 47.1 37.6
Slide 19: Adjusted Net Income Reconciliation
Adjusted Net Income Reconciliation* (In millions, except percentages) Three Months Ended Six Months Ended July 4, 2026 June 28, 2025 July 4, 2026 June 28, 2025 Net Income $ 10.7 $ 20.7 $ 10.9 $ 31.5 Net Income Adjustments(1) 4.1 1.6 10.9 3.2 Amortization 12.0 8.2 24.0 16.5 Tax Effect on Net Income A
Slide 20: Adjusted Net Income Reconciliation Continued
Adjusted Net Income Reconciliation* Continued (In millions, except percentages) Year Ended January 3, 2026 December 28, 2024 December 30, 2023 December 31, 2022 January 1, 2022 Net Income $ 53.8 $ 70.4 $ 135.7 $ 107.7 $ 43.8 Net Income Adjustments(1) 8.9 14.6 3.7 2.1 27.0 Amortization 33.2 32.0 29.8
Slide 21: Non-GAAP Adjusted EPS
Non-GAAP Adjusted EPS* (In millions, except share and per share data) Three Months Ended Six Months Ended July 4, 2026 June 28, 2025 July 4, 2026 June 28, 2025 Numerator: GAAP Net Income $ 10.7 $ 20.7 $ 10.9 $ 31.5 Non-GAAP Adjusted Net Income* $ 23.9 $ 28.2 $ 35.3 $ 46.1 Denominator: Weighted avera
Slide 22: Free Cash Flow Conversion
Free Cash Flow Conversion* (In millions, except percentages) Three Months Ended Six Months Ended Trailing Twelve-Months Ended Year Ended December 28, December 30, December 31, July 4, 2026 July 4, 2026 July 4, 2026 January 3, 2026 2024 2023 2022 January 1, 2022 Cash flow from Operating Activities $
Slide 23: Net Leverage Ratio
Net Leverage Ratio* (In millions, except ratios) July 4, 2026 April 4, 2026 January 3, 2026 December 28, 2024 December 30, 2023 December 31, 2022 January 1, 2022 Note payable - First Lien $ 549.6 $ 551.0 $ 551.0 $ 598.5 $ 623.4 $ 714.3 $ 722.4 Less: Cash 127.0 112.0 194.4 149.3 171.7 78.4 13.2 Net D
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