JBG SMITH Properties (JBGS) Operating Expenses (2016 - 2026)

JBG SMITH Properties' (JBGS) quarterly Operating Expenses came in at $135.7 million in Q1 2026, up 7.07% year-on-year from $126.7 million in Q1 2025, and up 6.93% quarter-over-quarter from $126.9 million in Q4 2025.

JBG SMITH Properties (JBGS) Operating Expenses (2016 - 2026) Analysis & Trends

JBG SMITH Properties' Operating Expenses history runs 11 years deep, the most recent figure standing at $135.7 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 7.07% year-over-year to $135.7 million in Q1 2026; TTM through Mar 2026 was $515.6 million, a 2.31% decrease from a year earlier, with the FY2025 full-year figure at $506.6 million, down 7.17% from the prior year.
  • Operating Expenses grew to $135.7 million in Q1 2026 per JBGS's latest filing, from $126.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $162.9 million in Q1 2022 and bottomed at $124.8 million in Q3 2025.
  • The 5-year median for Operating Expenses is $136.8 million (2023), against an average of $137.8 million.
  • Across the five-year window, Operating Expenses retreated 14.12% in 2022 and grew 7.07% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $147.6 million in 2022, then retreated by 4.55% to $140.9 million in 2023, then decreased by 5.73% to $132.8 million in 2024, then retreated by 4.47% to $126.9 million in 2025, then advanced by 6.93% to $135.7 million in 2026.
  • Per Business Quant, the three latest JBGS Operating Expenses figures stand at $135.7 million (Q1 2026), $126.9 million (Q4 2025), and $124.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 15.98 Mn
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 255.10 Mn
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 58.06 Mn
4 American Assets Trust 1.47 Bn 1.41 Bn - 86.87 Mn
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 85.31 Mn
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 160.87 Mn
7 Cim 917.30 Mn 735.54 Mn - 64.12 Mn
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 135.70 Mn
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 30.88 Mn
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 25.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 135.70 Mn
Dec 31, 2025 126.90 Mn
Sep 30, 2025 124.78 Mn
Jun 30, 2025 128.21 Mn
Mar 31, 2025 126.74 Mn
Dec 31, 2024 132.83 Mn
Sep 30, 2024 129.76 Mn
Jun 30, 2024 138.43 Mn
Mar 31, 2024 144.74 Mn
Dec 31, 2023 140.91 Mn
Sep 30, 2023 136.79 Mn
Jun 30, 2023 140.24 Mn
Mar 31, 2023 147.04 Mn
Dec 31, 2022 147.63 Mn
Sep 30, 2022 136.77 Mn
Jun 30, 2022 142.36 Mn
Mar 31, 2022 162.90 Mn
Dec 31, 2021 162.02 Mn
Sep 30, 2021 159.26 Mn
Jun 30, 2021 156.40 Mn