JBG SMITH PropertiesJBGSEarnings & Financial Report
NYSE · Financials · Real Estate Investment Trusts
JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.
JBGS Q1 FY2026 Key Financial Metrics
Revenue
$127.6M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$-23.0M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
-18.1%
YoY Growth
5.7%
EPS
$-0.32
JBG SMITH Properties Q1 FY2026 Financial Summary
JBG SMITH Properties reported revenue of $127.6M (up 5.7% YoY) for Q1 FY2026, with a net profit of $-23.0M (up 57.1% YoY) (-18.1% margin).
Key Financial Metrics
| Total Revenue | $127.6M |
|---|---|
| Net Profit | $-23.0M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
JBG SMITH Properties Q1 FY2026 revenue of $127.6M breaks down across 3 segments, led by Property rental at $105.9M (83.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Property rental | $105.9M | 83.0% |
| Third-party real estate services, including reimbursements | $17.2M | 13.5% |
| Other revenue | $4.5M | 3.6% |
JBG SMITH Properties Annual Revenue by Year
JBG SMITH Properties annual revenue history includes year-by-year totals (for example, 2025 revenue was $498.6M).
JBG SMITH Properties Quarterly Revenue & Net Profit History
JBG SMITH Properties results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $127.6M | +5.7% | $-23.0M | -18.1% |
| Q4 FY2025 | $127.6M | -2.5% | $-45.5M | -35.7% |
| Q3 FY2025 | $123.9M | -8.9% | $-28.6M | -23.1% |
| Q2 FY2025 | $126.5M | -6.5% | $-19.2M | -15.2% |
| Q1 FY2025 | $120.7M | -16.9% | $-45.7M | -37.9% |
| Q4 FY2024 | $130.8M | -11.4% | $-59.9M | -45.8% |
| Q3 FY2024 | $136.0M | -10.3% | $-27.0M | -19.8% |
| Q2 FY2024 | $135.3M | -11.0% | $-24.4M | -18.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $135.3M | $136.0M | $130.8M | $120.7M | $126.5M | $123.9M | $127.6M | $127.6M |
| YoY Growth | -11.0% | -10.3% | -11.4% | -16.9% | -6.5% | -8.9% | -2.5% | 5.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.33B | $5.18B | $5.02B | $4.73B | $4.55B | $4.42B | $4.39B | $4.34B |
| Liabilities | $2.85B | $2.84B | $2.79B | $2.74B | $2.68B | $2.66B | $2.72B | N/A |
| Equity | $2.02B | $1.88B | $1.81B | $1.57B | $1.32B | $1.19B | $1.16B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $23.8M | $26.4M | $129.4M | $12.9M | $18.8M | $8.9M | $73.3M |