JELD-WEN reported FY 2025 net revenues of USD 3.21 billion (-14.9%), with gross margin of USD 514.2 million (16.0% of net revenues) and an operating loss of USD 416.04 million. Net loss for FY 2025 was USD 621.21 million, including USD 334.62 million of goodwill impairment tied to the full impairment of goodwill in its North America and Europe reporting units. Adjusted EBITDA from continuing operations was USD 117.99 million (3.7% of net revenues), with segment net revenues of USD 2.15 billion in North America (-20.5%) and USD 1.06 billion in Europe (-1.0%). The company said the FY 2025 revenue decline was primarily driven by a 12% decrease in Core Revenues and a 13% decline in volume/mix, partially offset by a 1% benefit from price realization, while Europe saw a 4% favorable foreign exchange impact and a 2% price realization benefit. JELD-WEN completed the court-ordered divestiture of its Towanda facility on January 17, 2025, and also highlighted a sale-leaseback transaction for an industrial warehouse in Coral Springs, Florida. Liquidity totaled USD 484.7 million at December 31, 2025, including USD 136.1 million in unrestricted cash and USD 348.6 million available under its ABL Facility; total indebtedness was USD 1.18 billion. Net cash used in operating activities was USD 4.86 million in FY 2025.
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