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Sep 27
JELD-WEN Q3 2025 Earnings Report
JELD-WEN reported its third quarter 2025 results, revealing a significant net loss and decreased revenues, leading to workforce reductions and a strategic review of its European segment.
Key Takeaways
JELD-WEN experienced a challenging third quarter in 2025, with net revenues declining by 13.4% to $809.5 million and a substantial net loss of $367.6 million. The company's Adjusted EBITDA also saw a significant decrease, prompting workforce reductions and a strategic review of its European operations to address market headwinds and improve efficiency.
Net revenues decreased by 13.4% to $809.5 million, primarily due to a 10% decrease in Core Revenues and a 5% decrease from the Towanda divestiture.
The company reported a net loss of $367.6 million, or $4.30 per share, a significant increase from a net loss of $73.0 million in the prior year.
Adjusted EBITDA from continuing operations fell by 45.6% to $44.4 million, with the Adjusted EBITDA Margin decreasing by 320 basis points to 5.5%.
JELD-WEN announced plans to reduce its North America and Corporate workforce by approximately 11% and initiated a strategic review of its European segment.
JELD-WEN
JELD-WEN
JELD-WEN Revenue by Segment
JELD-WEN Revenue by Geographic Location
Revenue by Segment
North America Revenue
CapyFin.comEurope Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comEurope Revenue
CapyFin.com Forward Guidance
JELD-WEN has lowered its full-year 2025 revenue guidance to $3.1 to $3.2 billion and expects Adjusted EBITDA to be in the range of $105 to $120 million, reflecting continued market pressures.
Positive Outlook
- Focus on accelerating operational improvements to strengthen the foundation for long-term value creation.
- Strategic review of the European segment aims to optimize positioning for long-term success.
- Workforce reductions are intended to align cost structure and improve operational efficiency.
- Continued efforts to simplify the portfolio to better serve customers and operate more cost-effectively.
- Commitment to strengthening performance and building a more resilient business for the future.
Challenges Ahead
- Lowered 2025 revenue guidance to $3.1 to $3.2 billion, indicating a significant year-over-year decline in Core Revenues.
- Adjusted EBITDA guidance reduced to $105 to $120 million, reflecting continued pressure from competitive pricing and volume.
- Expectation of approximately $45 million use of cash for operating activities, including workforce reduction costs.
- Persistent market headwinds and price-cost pressures are expected to continue impacting results.
- Slower-than-anticipated macro recovery poses ongoing challenges for the company's performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income