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JELD-WEN Reports Third Quarter 2026 Results

PR Newswire•03/11/2026•16:33 ET
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Key Highlights

  • ➤Q3 revenue $798.5 million, down 1.4% year over year
  • ➤Q3 adjusted EBITDA $54.4 million, up $10.0 million year over year
  • ➤Q3 adjusted EPS $0.05 versus $(0.20) last year
  • ➤Debt transactions target $135.0 million of incremental liquidity
  • ➤2026 revenue and adjusted EBITDA guidance maintained at $3.1-$3.2 billion and $120-$150 million

Expert Statements

William J. Christensen, Chief Executive Officer of JELD-WEN

“Our third-quarter results reflect the continued progress we are making to strengthen our business, even as market conditions remain challenging”

William J. Christensen, Chief Executive Officer of JELD-WEN

“We remain focused on improving service, managing costs, and driving productivity, which are helping us improve our competitive position.”

William J. Christensen, Chief Executive Officer of JELD-WEN

“Despite a softer market outlook, we are maintaining our full-year revenue and Adjusted EBITDA guidance while making important progress on our strategic priorities, including our debt refinancing and the future of our European business.”

CHARLOTTE, N.C., Nov. 3, 2026 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) ("JELD-WEN" or the "Company") today announced results for the three and nine months ended September 26, 2026. Comparability is to the same period in the prior year.

* Net revenues of $798.5 million decreased (1.4%) in the third quarter driven by a decrease in Core Revenues of (1%). The decline in Core Revenues was driven by a (2%) decrease in volume/mix, partially offset by a 1% benefit from price realization. * Net loss was ($17.2) million or ($0.20) per share, compared to net loss of ($367.6) million, or ($4.30) per share, during the same quarter a year ago. Operating income (loss) margin was 1.1% and (25.0%) for the quarters ended September 26, 2026 and September 27, 2025, respectively. * Adjusted EBITDA was $54.4 million, an increase of $10.0 million compared to $44.4 million during the same quarter a year ago. Adjusted EBITDA Margin was 6.8%, an increase of 130 basis points in the third quarter primarily due to tariff refunds recognized as a reduction in cost of sales, favorable productivity, and lower SG&A expense, partially offset by negative price/cost and volume/mix. * Commenced transactions to extend debt maturities and raise $135.0 million of incremental liquidity. * Concluded the strategic review of the European business; retaining the business, with a focus on operational improvements and cost reductions, provides the best opportunity to create long-term value. "Our third-quarter results reflect the continued progress we are making to strengthen our business, even as market conditions remain challenging," said Chief Executive Officer William J. Christensen. "We remain focused on improving service, managing costs, and driving productivity, which are helping us improve our competitive position. Despite a softer market outlook, we are maintaining our full-year revenue and Adjusted EBITDA guidance while making important progress on our strategic priorities, including our debt refinancing and the future of our European business."

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