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JBG Smith Properties vs Broadstone Net Lease: JBGS and BNL compared
JBG Smith Properties is the larger company: $132M of revenue in its latest quarter (Q3 2026) against $122M for Broadstone Net Lease (Q3 2026). JBG Smith Properties is growing faster (+7% against +7% a year earlier). Broadstone Net Lease is more profitable, with an operating margin of 42.3% against 5.7%.
Where the money goes: JBGS and BNL
JBG Smith Properties (JBGS) · Q3 2026
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.
Broadstone Net Lease (BNL) · Q3 2026
Broadstone Net Lease, Q3 2026: revenue $122M (+7% year over year), operating margin 42.3%, net earnings $27.1M, operating cash flow $87.6M. The chart follows the revenue to costs, profit and cash.
| JBG Smith Properties (JBGS) | Broadstone Net Lease (BNL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $132M | $122M |
| Revenue growth, Y/Y | +7% | +7% |
| Operating margin | 5.7% | 42.3% |
| Net earnings | −$100M | $27.1M |
| Net margin | -75.7% | 22.3% |
| Operating cash flow | $18.7M | $87.6M |
| Free cash flow | — | $63.9M |
Questions
Which is bigger, JBG Smith Properties or Broadstone Net Lease?
JBG Smith Properties is the larger company: $132M of revenue in its latest quarter (Q3 2026) against $122M for Broadstone Net Lease (Q3 2026).
Is JBG Smith Properties or Broadstone Net Lease growing faster?
JBG Smith Properties is growing faster (+7% against +7% a year earlier).
Which is more profitable, JBG Smith Properties or Broadstone Net Lease?
Broadstone Net Lease is more profitable, with an operating margin of 42.3% against 5.7%.
More: JBG Smith Properties earnings · how JBG Smith Properties makes money · Broadstone Net Lease earnings · how Broadstone Net Lease makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.