JBI News & Events

Reports Q1 revenue $222.7M, consensus $221.51M. CEO Ramey Jackson stated, "Janus delivered results for Q1 ahead of our expectations despite a challenging economic environment. Against a dynamic backdrop, our team focused on disciplined execution, supporting our customers, and advancing our strategic priorities. Though self-storage development, particularly in North America, is likely to remain constrained until financing conditions ease, industry fundamentals continue to be supported by high occupancy rates and rising household utilization trends, and ongoing industry consolidation presents a meaningful opportunity for our business. Supported by our strong balance sheet, consistent cash generation and industry leadership position, we remain confident in our ability to deliver long-term value for our shareholders."

Still sees 2026 adjusted EBITDA $165M-$185M.

Janus International Group announced the addition of Noke Infinite, an on-door, dual technology, smart locking system that is the latest addition in the award-winning line of Noke Smart Entry products. Noke Infinite combines the robust features of Bluetooth with the power harvesting functionality of near-field communication, making it the first and only battery-powered, connected smart lock for self-storage that can be accessed by tenants via Bluetooth and NFC, even after the battery is beyond its 5-year, guaranteed life. This next generation smart lock is optimized with a superior antenna that is 4x stronger than previous Noke battery powered products, draws 50% less power when unlocked, and is designed and optimized for Janus International's award-winning doors in both new construction and retrofit applications. Noke Infinite provides an enhanced customer experience while giving self-storage owner-operators the peace of mind that comes with knowing that the facility's security is maximized.