JELD-WEN Holding, Inc. filed its third-quarter 2026 earnings release on November 3, 2026, reporting results for the three and nine months ended September 26, 2026, with net revenues of $798.5 million and a net loss of $17.2 million.

Key Highlights

  • Net revenues: $798.5 million for Q3 2026, a decrease of $11.0 million, or (1.4%), from $809.5 million in Q3 2025.
  • Net loss narrowed: Net loss was ($17.2) million, or ($0.20) per share, compared to a net loss of ($367.6) million, or ($4.30) per share, in the same quarter a year ago.
  • Adjusted EBITDA improved: Adjusted EBITDA was $54.4 million, up $10.0 million from $44.4 million in Q3 2025, with Adjusted EBITDA Margin of 6.8%, an increase of 130 basis points.
  • Debt and liquidity action: The company commenced transactions to extend debt maturities and raise $135.0 million of incremental liquidity.
  • European business retained: The company concluded its strategic review of the European business and disclosed it is retaining the business, with a focus on operational improvements and cost reductions.
  • Full-year 2026 guidance maintained: Revenue guidance of $3.1 to $3.2 billion and Adjusted EBITDA guidance of $120 to $150 million were both maintained.

JELD-WEN Q3 2026 Segment Results and Cash Flow Details

According to the filing, JELD-WEN's North America segment reported net revenues of $529.7 million in Q3 2026, a decrease of $16.5 million, or (3.0%), from $546.1 million in Q3 2025. The decline was attributed primarily to a (3%) drop in Core Revenues driven by weakened market demand. North America Adjusted EBITDA increased $10.7 million, or 28.3%, to $48.3 million, with the improvement driven by tariff refunds recognized as a reduction in cost of sales, improved productivity, and lower SG&A, partially offset by unfavorable price/cost and volume/mix.

The Europe segment reported net revenues of $268.9 million, an increase of $5.5 million, or 2.1%, from $263.3 million in Q3 2025, the company disclosed. Core Revenues in Europe grew 3%, supported by a 4% benefit from price realization, partially offset by unfavorable volume/mix of (1%) and a (1%) unfavorable foreign exchange impact. Europe Adjusted EBITDA decreased ($1.0) million, or (6.5%), to $15.0 million, primarily due to unfavorable price/cost and higher bad debt expense.

On cash flows, the filing reported net cash used in operating activities of ($72.8) million for the nine months ended September 26, 2026, compared to ($37.7) million in the same period of 2025. Capital expenditures decreased by $46.7 million to $57.2 million for the nine-month period. Free Cash Flow used was ($129.9) million for the nine months ended September 26, 2026, compared to ($141.6) million in the same period of 2025. The company noted that these figures do not include the $110.7 million in proceeds from the court-ordered divestiture of its Towanda facility, which was completed in the first quarter of 2025. For full-year 2026, the company disclosed it expects operating cash flow to generate approximately $10 million.

What Was Disclosed

JELD-WEN (NYSE:JELD) reported Q3 2026 earnings showing a narrower net loss, improved Adjusted EBITDA, commencement of debt refinancing transactions to raise $135.0 million in incremental liquidity, a decision to retain its European business, and maintained full-year 2026 revenue and Adjusted EBITDA guidance.