JELD-WEN Holding, Inc. announced its second-quarter 2025 results, with net revenues of $823.7 million, a decrease of 16.5% year-over-year. Core Revenues declined 13%, primarily driven by a 14% decrease in volume/mix, partially offset by a 1% benefit from price realization.
The company reported a net loss from continuing operations of ($22.3) million for the quarter, similar to the ($18.5) million loss in the prior year. Adjusted EBITDA from continuing operations decreased 54.0% to $39.0 million, with the Adjusted EBITDA Margin falling 390 basis points to 4.7%.
JELD-WEN reinstated its full-year 2025 revenue guidance to a range of $3.2 billion to $3.4 billion, reflecting a year-over-year Core Revenue decline of 4% to 9%. The updated Adjusted EBITDA guidance is now $170 million to $200 million, a reduction from the $215 million to $265 million range provided in February 2025. Operating cash flow for 2025 is projected to be an approximate $10 million use of cash, and the net debt leverage ratio increased to 5.7x.
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