JBG SMITH PROPERTIES
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-59.2M | $-18.7M | $-45.5M | $-28.6M | $-19.2M | $-45.7M | $-59.9M | $-27.0M |
| Depreciation & Amortization | $44.8M | $47.2M | $52.3M | $48.2M | $47.6M | $49.5M | $55.2M | $50.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $8.9M | $8.0M | $5.0M | $5.0M | $7.7M | $7.2M | $3.4M | $5.1M |
| Net Cash from Operating Activities | $15.8M | $3.4M | $32.6M | $8.9M | $18.8M | $12.9M | $42.2M | $26.4M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-17.0M | $24.0M | $-39.8M | $126.4M | $109.4M | $161.3M | $61.7M | $20.4M |
| Financing Activities | ||||||||
| Dividends Paid | $10.2M | $10.4M | $10.4M | $10.8M | $12.4M | $14.8M | $14.8M | $15.0M |
| Stock Repurchases | $3.0M | $25.4M | $7.9M | $62.9M | $225.3M | $147.6M | $2.4M | $52.0M |
| Net Cash from Financing Activities | $-5.6M | $-15.8M | $22.7M | $-138.5M | $-157.6M | $-237.1M | $-90.9M | $-82.6M |
| Net Change in Cash | $-6.8M | $11.6M | $15.5M | $-3.2M | $-29.4M | $-62.9M | $13.0M | $-35.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |