Janus Living Reports Strong Q3 2026 Results Driven by Acquisitions and Increased Guidance
Janus Living (JAN) delivered robust third-quarter 2026 financial results, highlighted by a 78% year-over-year revenue increase to $268 million. This growth was primarily fueled by aggressive acquisition activity, with the company completing $2.9 billion in acquisitions year-to-date. Adjusted FFO rose 46% year-over-year to $0.25 per share, while Adjusted EBITDA grew 101% to $105 million. The company demonstrated strong operational health through same-store metrics, including a 25.9% increase in adjusted NOI and significant occupancy gains led by the independent living segment. Following these results, management raised its full-year FFO guidance to a range of $0.97 to $0.99 per share. Financially, Janus Living maintains a highly liquid position with zero debt outstanding and approximately $1.2 billion in total liquidity. This capital strength, bolstered by recent equity offerings and an upsized credit facility, positions the company to continue its expansion through its current acquisition pipeline.
Tickers: $JAN
Topics: EBITDA FFO Guidance Upgrade Revenue Growth Same-Store NOI