FRANKLIN STREET PROPERTIES CORPFSPEarnings & Financial Report
Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.
FSP Q4 FY2025 Key Financial Metrics
Revenue
$26.0M
Gross Profit
$15.5M
Operating Profit
$-7.3M
Net Profit
$-7.3M
Gross Margin
59.4%
Operating Margin
-27.9%
Net Margin
-28.1%
YoY Growth
-8.2%
EPS
$-0.06
FRANKLIN STREET PROPERTIES CORP Q4 FY2025 Financial Summary
FRANKLIN STREET PROPERTIES CORP reported revenue of $26.0M (down 8.2% YoY) for Q4 FY2025, with a net profit of $-7.3M (up 14.1% YoY) (-28.1% margin). Cost of goods sold was $10.6M, operating expenses totaled $22.7M.
Key Financial Metrics
| Total Revenue | $26.0M |
|---|---|
| Net Profit | $-7.3M |
| Gross Margin | 59.4% |
| Operating Margin | -27.9% |
| Report Period | Q4 FY2025 |
FRANKLIN STREET PROPERTIES CORP Annual Revenue by Year
FRANKLIN STREET PROPERTIES CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $107.2M).
FRANKLIN STREET PROPERTIES CORP Quarterly Revenue & Net Profit History
FRANKLIN STREET PROPERTIES CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $26.0M | -8.2% | $-7.3M | -28.1% |
| Q3 FY2025 | $27.3M | -8.0% | $-8.3M | -30.5% |
| Q2 FY2025 | $26.7M | -13.3% | $-7.9M | -29.5% |
| Q1 FY2025 | $27.1M | -13.2% | $-21.4M | -79.1% |
| Q4 FY2024 | $28.4M | -18.4% | $-8.5M | -30.0% |
| Q3 FY2024 | $29.7M | -19.6% | $-15.6M | -52.6% |
| Q2 FY2024 | $30.8M | -15.0% | $-21.0M | -68.2% |
| Q1 FY2024 | $31.2M | -17.3% | $-7.6M | -24.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.2M | $30.8M | $29.7M | $28.4M | $27.1M | $26.7M | $27.3M | $26.0M |
| YoY Growth | -17.3% | -15.0% | -19.6% | -18.4% | -13.2% | -13.3% | -8.0% | -8.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.04B | $1.01B | $981.5M | $946.9M | $916.4M | $903.2M | $901.0M | $892.9M |
| Liabilities | $335.1M | $330.4M | $316.1M | $291.1M | $283.0M | $278.5M | $285.7M | $285.9M |
| Equity | $703.9M | $682.1M | $665.4M | $655.9M | $633.4M | $624.7M | $615.3M | $607.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-7.1M | $-648000 | $14.5M | $9.0M | $-5.5M | $-2.9M | $8.3M | $3.8M |