JBG SMITH Properties financials
$10.10−0.69%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $123.6M | $123.1M | $142.2M | $118.7M | $121.3M | $116.4M | $146.5M | $130.4M | $129.9M | $140.5M | $140.7M | $144.2M |
| Gross profit | $87.7M | $86.8M | $105.3M | $82.1M | $86.4M | $83.0M | $110.6M | $91.2M | $93.7M | $105.2M | $105.8M | $106.6M |
| Gross margin | 70.9% | 70.6% | 74.1% | 69.2% | 71.3% | 71.3% | 75.5% | 69.9% | 72.1% | 74.9% | 75.2% | 73.9% |
| Operating income | -$45.9M | -$14.1M | $15.3M | -$6.1M | -$38.7M | -$18.8M | $13.6M | $654.0K | -$8.5M | -$4.2M | -$31.1M | -$51.9M |
| Net income | -$59.2M | -$18.7M | -$47.3M | -$28.6M | -$19.2M | -$45.7M | -$62.4M | -$27.0M | -$24.4M | -$32.3M | -$34.7M | -$58.0M |
| Net margin | −47.8% | −15.2% | −33.3% | −24.1% | −15.9% | −39.3% | −42.6% | −20.7% | −18.8% | −23.0% | −24.6% | −40.2% |
| Diluted EPS | $-1.03 | $-0.32 | $-0.80 | $-0.48 | $-0.29 | $-0.56 | $-0.74 | $-0.32 | $-0.27 | $-0.36 | $-0.36 | $-0.58 |
| EBITDA | $45.0M | $34.6M | $63.9M | $44.0M | $42.4M | $39.1M | $65.3M | $52.5M | $44.6M | $54.2M | $58.6M | $59.7M |
| Operating cash flow | $15.8M | $3.4M | $32.6M | $8.9M | $18.8M | $12.9M | $42.2M | $26.4M | $23.8M | $37.0M | $68.5M | $25.5M |
| Free cash flow | -$4.1M | -$19.8M | $2.5M | -$20.9M | -$14.5M | -$16.2M | -$3.8M | -$32.2M | -$41.7M | -$10.9M | -$23.9M | -$51.1M |
| Diluted shares | 58.3M | 59.1M | 59.0M | 60.6M | 68.3M | 81.5M | 84.4M | 85.3M | 91.0M | 92.6M | 95.2M | 101.4M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $74.8M | $79.8M | $75.3M | $64.4M | $61.4M | $81.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.53B | $2.53B | $2.50B | $2.46B | $2.48B | $2.51B |
| Total assets | $4.26B | $4.34B | $4.39B | $4.42B | $4.55B | $4.73B |
| Total liabilities | $2.69B | $2.70B | $2.72B | $2.66B | $2.68B | $2.74B |
| Shareholders' equity | $1.08B | $1.14B | $1.16B | $1.19B | $1.32B | $1.57B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology