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| 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 |