Filing Flows › JBG Smith Properties (JBGS) › Q3 2026
JBG Smith Properties (JBGS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
JBG Smith Properties (JBGS) reported revenue of $132M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before. Operating margin was 5.7%, net loss $100M (75.7% of revenue).
JBG Smith Properties, Q3 2026: revenue $132M (+7% year over year), operating margin 5.7%, net loss $100M, operating cash flow $18.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $132M | +2% | +7% |
| Operating profit | $7.6M | +97% | — |
| Net earnings | −$100M | — | — |
| Operating cash flow | $18.7M | +18% | +110% |
What changed
Revenue was $132.4M in Q3 2026, up 7% year over year and up 2% from the previous quarter.
Operating profit was $7.6M, a 5.7% margin (up 6.5 points year over year). Total costs grew 0% against revenue growth of 7%. The quarter ended with a net loss of $100.2M, wider than the previous quarter's $72.4M loss. Minority interests bore $18.2M of it: to shareholders the quarter was a loss of $82.0M. Net interest and other expense of $107.8M was the main reason.
Operating cash flow was $18.7M (up 110% year over year). Non-cash charges added back $46.6M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items added $67.0M.
Questions
What was JBG Smith Properties' revenue in the third quarter 2026?
JBG Smith Properties (JBGS) reported revenue of $132M for the third quarter 2026 (Q3 2026), +7% from a year earlier and +2% from the quarter before.
Was JBG Smith Properties profitable in the third quarter 2026?
Operating profit was $7.6M (5.7% of revenue) and net loss $100M.