Filing Flows › JBG Smith Properties (JBGS) › Q2 2026
JBG Smith Properties (JBGS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
JBG Smith Properties (JBGS) reported revenue of $129M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +1% from the quarter before. Operating margin was 3.0%, net loss $72.4M (56.0% of revenue).
JBG Smith Properties, Q2 2026: revenue $129M (+2% year over year), operating margin 3.0%, net loss $72.4M, operating cash flow $15.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $129M | +1% | +2% |
| Operating profit | $3.9M | — | — |
| Net earnings | −$72.4M | — | — |
| Operating cash flow | $15.8M | +365% | -16% |
What changed
Revenue was $129.4M in Q2 2026, up 2% year over year and up 1% from the previous quarter.
Operating profit was $3.9M, a 3.0% margin (up 4.4 points year over year). Total costs fell 2% while revenue rose 2%. The quarter ended with a net loss of $72.4M, wider than the previous quarter's $23.0M loss. Minority interests bore $13.3M of it: to shareholders the quarter was a loss of $59.2M. Net interest and other expense of $76.3M was the main reason.
Operating cash flow was $15.8M (down 16% year over year). Non-cash charges added back $46.7M of depreciation and amortization and $8.9M of share-based compensation. Working capital and other items added $32.6M.
Questions
What was JBG Smith Properties' revenue in the second quarter 2026?
JBG Smith Properties (JBGS) reported revenue of $129M for the second quarter 2026 (Q2 2026), +2% from a year earlier and +1% from the quarter before.
Was JBG Smith Properties profitable in the second quarter 2026?
Operating profit was $3.9M (3.0% of revenue) and net loss $72.4M.