Quarterly ResultMay 4, 2026, 04:43 PM
JELD-WEN Q1 Net Loss ($76.8M); Updates FY26 Revenue Guidance
AI Summary
JELD-WEN Holding, Inc. reported Q1 2026 financial results, with net revenues decreasing 6.9% to $722.1 million and Adjusted EBITDA declining 71.9% to $6.1 million. The company's net loss significantly improved to ($76.8) million compared to ($190.1) million in the prior year, which included substantial goodwill impairment charges. JELD-WEN also updated its full-year 2026 revenue guidance to a higher range of $3.05 billion to $3.2 billion, while maintaining its Adjusted EBITDA guidance of $100 million to $150 million.
Key Highlights
- Net revenues decreased (6.9%) to $722.1 million in Q1 2026.
- Net loss improved to ($76.8) million from ($190.1) million in Q1 2025.
- Adjusted EBITDA decreased (71.9%) to $6.1 million.
- North America net revenues decreased (14.7%) to $452.7 million.
- Europe net revenues increased 9.8% to $269.4 million.
- Full-year 2026 revenue guidance updated to $3.05B-$3.2B (previously $2.95B-$3.1B).
- Full-year 2026 Adjusted EBITDA guidance remains $100M-$150M.
- Net cash used in operating activities was ($91.2) million.