JBG Smith Properties Reports Q4 Earnings

Real estate investment trust posts funds from operations of $9.9 million

Published on Feb. 19, 2026

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JBG Smith Properties, a real estate investment trust based in Bethesda, Maryland, reported its fourth-quarter earnings on Tuesday. The company posted funds from operations of $9.9 million, or 17 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry that takes net income and adds back items such as depreciation and amortization. The company also reported a loss of $45.5 million, or 78 cents per share, and revenue of $127.6 million, with adjusted revenue of $104.8 million.

Why it matters

As a major real estate investment trust, JBG Smith Properties' quarterly earnings provide insight into the health of the commercial real estate market in the Bethesda, Maryland area and the broader REIT industry. The company's performance can impact investor confidence and influence future development and investment decisions.

The details

JBG Smith Properties reported funds from operations of $9.9 million, or 17 cents per share, in the fourth quarter. The company also posted a loss of $45.5 million, or 78 cents per share, and revenue of $127.6 million, with adjusted revenue of $104.8 million. For the full year, the company reported funds from operations of $38.9 million and revenue of $416.8 million.

JBG Smith Properties reported its fourth-quarter earnings on Tuesday, February 17, 2026.

The players