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

JBG SMITH Properties (JBGS) recorded quarterly Operating Expenses of $135.7 million in Q1 2026, up 6.93% quarter-over-quarter from $126.9 million in Q4 2025, and up 7.07% on a YoY basis from $126.7 million in Q1 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.

  • In Q1 2026, Operating Expenses rose 7.07% year-over-year to $135.7 million; the TTM figure through Mar 2026 stood at $515.6 million (down 2.31% YoY), while the FY2025 annual figure was $506.6 million, down 7.17% from the prior year.
  • Operating Expenses was $135.7 million for Q1 2026 at JBG SMITH Properties, up from $126.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $162.9 million in Q1 2022 to a low of $124.8 million in Q3 2025.
  • Historically, Operating Expenses has averaged $137.8 million across 5 years, with a median of $136.8 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses declined 14.12% in 2022, then advanced 7.07% in 2026.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $135.7 million (Q1 2026), $126.9 million (Q4 2025), and $124.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 16.94 Mn
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - 58.06 Mn
3 American Assets Trust 1.46 Bn 1.40 Bn - 86.87 Mn
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 85.31 Mn
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 47.74 Mn
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 135.70 Mn
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 5.08 Mn
8 Gladstone Commercial 608.72 Mn 778.76 Mn - 25.24 Mn
9 AH Realty Trust 540.92 Mn 723.25 Mn - 40.55 Mn
10 One Liberty Properties 510.56 Mn 490.30 Mn - 18.68 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