Janus Living, Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
JAN$32.88+2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Combined and Consolidated Statements of Cash Flows
(In thousands)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income (loss) | $37,124 | $(3,268) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization of real estate and in-place resident contract intangibles | 186,553 | 94,875 |
| Stock-based compensation amortization expense | 751 | — |
| Stock-based compensation issued as part of initial public offering | 4,872 | — |
| Amortization of deferred financing costs and debt discounts (premiums) | 282 | (550) |
| Amortization of non-refundable entrance fees | (84,812) | (71,813) |
| Equity loss (income) from unconsolidated joint venture | (111) | (3,452) |
| Deferred income tax expense (benefit) | (878) | 4,892 |
| Loss (gain) on sales of real estate, net | (3,884) | — |
| Loss (gain) on debt extinguishments | 403 | — |
| Loss (gain) upon change of control, net | (46,270) | — |
| Casualty-related loss (recoveries), net | (6,059) | 6,247 |
| Other non-cash items | 354 | — |
| Changes in: | ||
| Decrease (increase) in accounts receivable and other assets | 5,593 | (6,548) |
| Increase (decrease) in accounts payable, accrued liabilities, and other liabilities | 7,036 | (34,948) |
| Increase (decrease) in deferred revenue | 123,764 | 108,590 |
| Net cash provided by (used in) operating activities | 224,718 | 94,025 |
| Cash flows from investing activities: | ||
| Acquisitions of real estate and deposits | (2,279,120) | — |
| Joint venture buyout, net | (295,893) | — |
| Capital expenditures | (82,746) | (92,746) |
| Proceeds from sales of real estate, net | 22,395 | 1,000 |
| Distributions in excess of earnings from unconsolidated joint venture | — | 13,910 |
| Proceeds from insurance recovery | 13,360 | 8,550 |
| Other investments | (60) | — |
| Net cash provided by (used in) investing activities | (2,622,064) | (69,286) |
| Cash flows from financing activities: | ||
| Issuance of Class A-1 common stock in connection with public offerings, net of underwriting fees | 2,107,448 | — |
| Issuance of Class A-2 common stock in connection with initial public offering | 759 | — |
| Repayments of mortgage debt | (102,011) | (2,103) |
| Payments for debt extinguishment and deferred financing costs | (6,839) | — |
| Payments for offering costs | (8,534) | — |
| Net contributions from (distributions to) Parent | 836,737 | (18,823) |
| Dividends paid on common stock | (66,472) | — |
| Distributions to and purchase of noncontrolling interests | (23,380) | — |
| Net cash provided by (used in) financing activities | 2,737,708 | (20,926) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 340,362 | 3,813 |
| Cash, cash equivalents, and restricted cash, beginning of period | 84,261 | 79,066 |
| Cash, cash equivalents, and restricted cash, end of period | $424,623 | $82,879 |
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