10-Q quarterly report · filed May 5, 2026

JBG SMITH Properties (JBGS) Q1 2026 10-Q Quarterly Report

Short answer

JBG SMITH Properties (JBGS) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $128M (up 5.7% year over year) with net income of −$19M.

Q1 2026 key financials · XBRL

Revenue
$128M
+5.7% YoY
Net income
−$19M
+59.1% YoY
EPS (diluted)
−$0.32
+42.9% YoY

Source: XBRL data from the JBG SMITH Properties (JBGS) Q1 2026 10-Q on SEC EDGAR. USD.

JBG SMITH Properties Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Property rental revenue $105.9M, up 4.3% YoY from $101.5M
  • Third-party services revenue $17.2M, up 15.4% YoY from $14.9M
  • Multifamily occupancy 92.0% vs 90.4% at December 31, 2025; office occupancy 75.2% vs 76.4% YoY
  • Same-store NOI $54.3M, down 4.8% YoY from $57.1M
  • Net loss $18.7M vs $45.7M; $50.7M development-parcel sale, $25.4M share repurchases, and $23.2M development investment

Risk Factors

  • New fraud risk triggered by Q1 2026 AI-enabled employee impersonation and fraudulently induced wire transfers
  • Remediation and investigation expenses from the fraud expected to continue without material business impact
  • Increasingly sophisticated phishing and social-engineering threats could disrupt operations and damage reputation

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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