JBGS JBG SMITH Properties

Q3 2025 10-Q
Filed: Oct 28, 2025Period ending Sep 30, 2025
Financials
Real Estate Investment TrustsSEC EDGAR

JBG SMITH Properties (JBGS) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 28, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Management Discussion & Analysis

  • Cash and equivalents $87.8M as of Sept 30, 2025, down $95.4M vs $183.2M at Dec 31, 2024
  • Operating cash flow $40.6M for 9M 2025 vs $87.2M for 9M 2024
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Risk Factors

  • New risk: Prolonged 2025 U.S. government shutdown dampening Washington D.C. metro leasing demand, triggered by federal operations uncertainty
  • Updated operational risk: Office portfolio occupancy up 90 bps to 75.7% Q3 2025; 618,000 sq ft taken out of service impacting competitive office inventory
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