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JELD‑WEN Posts First Year‑Over‑Year EBITDA Gain in 10 Quarters

The quarter signals early execution gains with persistent material-cost inflation and ongoing cash use posing the main downside.

Overview

  • JELD‑WEN reported second-quarter revenue of $818 million, down 1 percent, and adjusted EBITDA of $42 million, an 8 percent rise that lifted its adjusted EBITDA margin to 5.2 percent.
  • The company nudged up the low end of its full-year 2026 targets to $3.1 billion–$3.2 billion in revenue and $120 million–$150 million in adjusted EBITDA.
  • Management credited productivity and cost actions that delivered about $36 million and $1 million of SG&A and other savings, which offset a $29 million price-cost headwind and a $5 million hit from lower volume and mix.
  • Regionally, North America drove margin improvement with a rise to $41 million in adjusted EBITDA despite revenue falling to $529 million, while Europe grew revenue but saw EBITDA fall because pricing did not fully cover higher material costs.
  • Company leaders warned that the recovery depends on sustaining productivity gains and controlling material-cost inflation, and they expect continued use of cash, so investors should watch cash flow, input costs, and demand trends for signs of a durable turnaround.