FRANKLIN STREET PROPERTIES CORP /MA/FSPEarnings & Financial Report
NYSE
NextMar 13, 2026
FSP Q3 2025 Key Financial Metrics
Revenue
$27.3M
Gross Profit
$16.6M
Operating Profit
$-8.3M
Net Profit
$-8.3M
Gross Margin
60.9%
Operating Margin
-30.5%
Net Margin
-30.5%
YoY Growth
-8.0%
EPS
$-0.08
Financial Flow
FRANKLIN STREET PROPERTIES CORP /MA/ Q3 2025 Financial Summary
FRANKLIN STREET PROPERTIES CORP /MA/ reported revenue of $27.3M for Q3 2025, with a net profit of $-8.3M (-30.5% margin). Cost of goods sold was $10.7M, operating expenses totaled $25.0M.
Key Financial Metrics
| Total Revenue | $27.3M |
|---|---|
| Net Profit | $-8.3M |
| Gross Margin | 60.9% |
| Operating Margin | -30.5% |
| Report Period | Q3 2025 |
FRANKLIN STREET PROPERTIES CORP /MA/ Annual Revenue by Year
FRANKLIN STREET PROPERTIES CORP /MA/ annual revenue history includes year-by-year totals (for example, 2024 revenue was $120.1M).
| Year | Annual Revenue |
|---|---|
| 2024 | $120.1M |
| 2023 | $145.7M |
| 2022 | $165.6M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $34.8M | $31.2M | $30.8M | $29.7M | $28.4M | $27.1M | $26.7M | $27.3M |
| YoY Growth | -15.6% | -17.3% | -15.0% | -19.6% | -18.4% | -13.2% | -13.3% | -8.0% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.17B | $1.04B | $1.01B | $981.5M | $946.9M | $916.4M | $903.2M | $901.0M |
| Liabilities | $456.5M | $335.1M | $330.4M | $316.1M | $291.1M | $283.0M | $278.5M | $285.7M |
| Equity | $712.8M | $703.9M | $682.1M | $665.4M | $655.9M | $633.4M | $624.7M | $615.3M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $6.3M | $-7.1M | $-648000 | $14.5M | $2.3M | $-5.5M | $-2.9M | $8.3M |