earnings
confidence high
sentiment positive
materiality 0.85
Janus Living Q1 2026: Revenue +35% to $200M, FFO as Adjusted $0.23, acquires $714M in assets
Janus Living, Inc.
2026-Q1 EPS reported
-$0.05
revenue$200,345,000
- Consolidated revenue $200M (+35% YoY); FFO as Adjusted $0.23 per share (+35% YoY).
- Same-store adjusted NOI +13.8% with 150bps margin expansion; RevPOR +4.7%, occupancy +230bps.
- Acquired JV partner's 46.5% stake for $314M and six communities for ~$400M, funded with IPO proceeds.
- Generated ~$880M net from IPO; ended Q1 with $949M cash, no debt; new undrawn facilities of $600M.
- Under contract for ~$400M additional senior housing acquisitions.