JBG SMITH Properties (JBGS) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, JBG SMITH Properties reported revenue of $498.6M, down 8.9% from $547.3M the year before. Net income was -$139.1M (a -27.9% net margin), or -$2.09 per diluted share. Gross margin was -1.6% and operating margin was -39.7%. Operating activities generated $73.3M of cash. At fiscal year end, JBG SMITH Properties held $4.39B in total assets against $2.72B in total liabilities, including $75.3M of cash and equivalents.
Open the full interactive JBG SMITH Properties financials → Quarterly statements, key ratios, valuation history and price charts.
JBG SMITH Properties Key Stats
| Share Price | $11.15 |
|---|---|
| Market Cap | $649.9M |
| Revenue YoY Growth | -8.9% |
| 52-Week Range | $10.04 – $20.64 |
| Shares Outstanding | 58.3 million (basic, 2026 Q2) |
JBG SMITH Properties Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $602.7M | $634.4M | $605.8M | $604.2M | $547.3M | $498.6M |
| Cost of Goods Sold | $640.1M | $645.5M | $589.7M | $565.0M | $545.8M | $506.6M |
| Gross Profit | -$37.4M | -$11.1M | $16.2M | $39.2M | $1.5M | -$8.0M |
| Operating Income | -$259.2M | -$247.4M | -$197.6M | -$171.0M | -$206.6M | -$198.1M |
| Pre-Tax Income | -$71.5M | -$86.2M | $100.2M | -$92.0M | -$177.0M | -$171.9M |
| Income Tax | -$4.3M | $3.5M | $1.3M | -$296,000 | $762,000 | -$3.8M |
| Net Income | -$62.3M | -$79.3M | $85.4M | -$80.0M | -$143.5M | -$139.1M |
| Diluted EPS | -$0.49 | -$0.63 | $0.70 | -$0.78 | -$1.65 | -$2.09 |
JBG SMITH Properties Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $123.9M | $127.6M | $127.6M | $129.4M |
| Net Income | -$28.6M | -$45.5M | -$18.7M | -$59.2M |
| Diluted EPS | -$0.48 | -$0.68 | -$0.32 | -$1.03 |
JBG SMITH Properties Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $225.6M | $264.4M | $241.1M | $164.8M | $145.8M | $75.3M |
| Total Assets | $6.08B | $6.39B | $5.90B | $5.52B | $5.02B | $4.39B |
| Total Long-Term Debt | $1.99B | $2.48B | $2.44B | $2.56B | $2.57B | $2.50B |
| Total Liabilities | $2.34B | $2.93B | $2.71B | $2.83B | $2.79B | $2.72B |
| Shareholders' Equity | $3.21B | $2.92B | $2.68B | $2.22B | $1.81B | $1.16B |
JBG SMITH Properties Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $169.0M | $217.6M | $178.0M | $183.4M | $129.4M | $73.3M |
| Cash From Investing | -$167.7M | -$368.7M | $524.0M | -$98.2M | $144.2M | $357.3M |
| Cash From Financing | $119.5M | $189.9M | -$730.1M | -$158.8M | -$290.8M | -$510.5M |
Figures from JBG SMITH Properties' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full JBG SMITH Properties financials page for every line item.
JBG SMITH Properties Company Profile
| Ticker | JBGS |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Bethesda, Maryland |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001689796 |
Frequently Asked Questions
What was JBG SMITH Properties' revenue in fiscal 2025?
JBG SMITH Properties (JBGS) reported revenue of $498.6M for fiscal 2025.
What is JBG SMITH Properties' annual revenue history?
JBG SMITH Properties' annual revenue by fiscal year: 2020: $602.7M; 2021: $634.4M; 2022: $605.8M; 2023: $604.2M; 2024: $547.3M; 2025: $498.6M.
What was JBG SMITH Properties' net income in fiscal 2025?
JBG SMITH Properties reported net income of -$139.1M for fiscal 2025.
What was JBG SMITH Properties' earnings per share (EPS) in fiscal 2025?
JBG SMITH Properties' diluted EPS was -$2.09 for fiscal 2025 (adjusted for any later stock splits).
What was JBG SMITH Properties' revenue last quarter?
In its most recent reported quarter (2026 Q2), JBG SMITH Properties reported revenue of $129.4M.
How much debt does JBG SMITH Properties have?
JBG SMITH Properties reported $2.50B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of JBG SMITH Properties are outstanding?
JBG SMITH Properties reported a weighted average of 58.3 million basic shares outstanding in 2026 Q2.
What is JBG SMITH Properties' market cap?
Based on its latest closing price, JBG SMITH Properties (JBGS) has a market capitalization of about $649.9M.
When does JBG SMITH Properties' fiscal year end?
JBG SMITH Properties' fiscal year end, as registered with the SEC, is December 31.
Where is JBG SMITH Properties headquartered?
JBG SMITH Properties lists its business address in Bethesda, Maryland in its SEC filings.