AI brief of an SEC Form 8-K · JBG Smith (JBGS)

JBG SMITH Q1 net loss narrows to $18.7 million; Core FFO rises to $9.8 million

Positive Impact 3 of 5 earnings Written later

JBG SMITH reported a first-quarter 2026 net loss of $18.7 million, or $0.32 per diluted share, compared with a $45.7 million loss a year earlier; the result included $21.1 million of gains on real estate sales. Core FFO attributable to common shareholders rose to $9.8 million, or $0.17 per diluted share, from $7.2 million, or $0.09, a year earlier, while Same Store NOI fell 4.8% to $54.3 million. The company also declared a $0.175 quarterly dividend.

Key points

  • Net loss of $18.7 million, or $0.32 per diluted share, versus $45.7 million, or $0.56, in Q1 2025
  • Core FFO of $9.8 million, or $0.17 per diluted share, versus $7.2 million, or $0.09, in Q1 2025
  • Same Store NOI decreased 4.8% to $54.3 million; net debt to annualized Adjusted EBITDA was 12.7x as of March 31, 2026
  • Quarterly dividend of $0.175 per common share, payable May 28, 2026 to shareholders of record as of May 14, 2026

The filing

CompanyJBG Smith (JBGS)
Form8-K, current report
Filed with the SECMay 5, 2026, 4:15 PM ET
Accession number0001104659-26-055644

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.