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| Date | Value |
|---|---|
| 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 |