vs

Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and GYRE THERAPEUTICS, INC. (GYRE). Click either name above to swap in a different company.

GYRE THERAPEUTICS, INC. is the larger business by last-quarter revenue ($37.2M vs $26.0M, roughly 1.4× FRANKLIN STREET PROPERTIES CORP). GYRE THERAPEUTICS, INC. runs the higher net margin — -3.7% vs -28.1%, a 24.4% gap on every dollar of revenue. On growth, GYRE THERAPEUTICS, INC. posted the faster year-over-year revenue change (33.4% vs -8.2%). GYRE THERAPEUTICS, INC. produced more free cash flow last quarter ($-5.8M vs $-12.7M). Over the past eight quarters, GYRE THERAPEUTICS, INC.'s revenue compounded faster (17.0% CAGR vs -8.7%).

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.

GYRE Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to developing novel targeted therapies for hard-to-treat hematologic malignancies and solid tumors. It focuses on precision oncology to address unmet patient needs, with operations primarily based in North America.

FSP vs GYRE — Head-to-Head

Bigger by revenue
GYRE
GYRE
1.4× larger
GYRE
$37.2M
$26.0M
FSP
Growing faster (revenue YoY)
GYRE
GYRE
+41.7% gap
GYRE
33.4%
-8.2%
FSP
Higher net margin
GYRE
GYRE
24.4% more per $
GYRE
-3.7%
-28.1%
FSP
More free cash flow
GYRE
GYRE
$6.9M more FCF
GYRE
$-5.8M
$-12.7M
FSP
Faster 2-yr revenue CAGR
GYRE
GYRE
Annualised
GYRE
17.0%
-8.7%
FSP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FSP
FSP
GYRE
GYRE
Revenue
$26.0M
$37.2M
Net Profit
$-7.3M
$-1.4M
Gross Margin
59.4%
95.3%
Operating Margin
-27.9%
0.3%
Net Margin
-28.1%
-3.7%
Revenue YoY
-8.2%
33.4%
Net Profit YoY
14.1%
-340.1%
EPS (diluted)
$-0.06
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FSP
FSP
GYRE
GYRE
Q4 25
$26.0M
$37.2M
Q3 25
$27.3M
$30.6M
Q2 25
$26.7M
$26.8M
Q1 25
$27.1M
$22.1M
Q4 24
$28.4M
$27.9M
Q3 24
$29.7M
$25.5M
Q2 24
$30.8M
$25.2M
Q1 24
$31.2M
$27.2M
Net Profit
FSP
FSP
GYRE
GYRE
Q4 25
$-7.3M
$-1.4M
Q3 25
$-8.3M
$5.9M
Q2 25
$-7.9M
$1.6M
Q1 25
$-21.4M
$3.7M
Q4 24
$-8.5M
$569.0K
Q3 24
$-15.6M
$2.9M
Q2 24
$-21.0M
$4.5M
Q1 24
$-7.6M
$9.9M
Gross Margin
FSP
FSP
GYRE
GYRE
Q4 25
59.4%
95.3%
Q3 25
60.9%
94.7%
Q2 25
59.9%
95.7%
Q1 25
62.8%
95.9%
Q4 24
59.7%
95.8%
Q3 24
61.0%
96.2%
Q2 24
64.2%
96.9%
Q1 24
64.7%
96.4%
Operating Margin
FSP
FSP
GYRE
GYRE
Q4 25
-27.9%
0.3%
Q3 25
-30.5%
22.7%
Q2 25
-29.2%
8.1%
Q1 25
-78.9%
10.3%
Q4 24
-29.9%
2.4%
Q3 24
-52.4%
16.6%
Q2 24
-68.0%
12.7%
Q1 24
-24.0%
29.7%
Net Margin
FSP
FSP
GYRE
GYRE
Q4 25
-28.1%
-3.7%
Q3 25
-30.5%
19.4%
Q2 25
-29.5%
5.9%
Q1 25
-79.1%
16.9%
Q4 24
-30.0%
2.0%
Q3 24
-52.6%
11.2%
Q2 24
-68.2%
18.0%
Q1 24
-24.2%
36.6%
EPS (diluted)
FSP
FSP
GYRE
GYRE
Q4 25
$-0.06
$-0.01
Q3 25
$-0.08
$0.03
Q2 25
$-0.08
$0.00
Q1 25
$-0.21
$0.00
Q4 24
$-0.09
$0.00
Q3 24
$-0.15
$0.01
Q2 24
$-0.20
$0.01
Q1 24
$-0.07
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FSP
FSP
GYRE
GYRE
Cash + ST InvestmentsLiquidity on hand
$30.6M
$52.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$607.0M
$106.0M
Total Assets
$892.9M
$166.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
GYRE
GYRE
Q4 25
$30.6M
$52.4M
Q3 25
$31.4M
$60.0M
Q2 25
$29.4M
$54.4M
Q1 25
$30.2M
$29.9M
Q4 24
$41.1M
$26.7M
Q3 24
$40.9M
$25.1M
Q2 24
$30.2M
$25.1M
Q1 24
$34.2M
$37.4M
Stockholders' Equity
FSP
FSP
GYRE
GYRE
Q4 25
$607.0M
$106.0M
Q3 25
$615.3M
$101.9M
Q2 25
$624.7M
$92.0M
Q1 25
$633.4M
$68.1M
Q4 24
$655.9M
$63.3M
Q3 24
$665.4M
$63.2M
Q2 24
$682.1M
$60.4M
Q1 24
$703.9M
$56.6M
Total Assets
FSP
FSP
GYRE
GYRE
Q4 25
$892.9M
$166.1M
Q3 25
$901.0M
$159.4M
Q2 25
$903.2M
$152.6M
Q1 25
$916.4M
$129.8M
Q4 24
$946.9M
$125.4M
Q3 24
$981.5M
$125.2M
Q2 24
$1.0B
$120.9M
Q1 24
$1.0B
$122.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FSP
FSP
GYRE
GYRE
Operating Cash FlowLast quarter
$3.8M
$-5.6M
Free Cash FlowOCF − Capex
$-12.7M
$-5.8M
FCF MarginFCF / Revenue
-48.6%
-15.5%
Capex IntensityCapex / Revenue
63.0%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-25.3M
$-180.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSP
FSP
GYRE
GYRE
Q4 25
$3.8M
$-5.6M
Q3 25
$8.3M
$4.7M
Q2 25
$-2.9M
$2.1M
Q1 25
$-5.5M
$-129.0K
Q4 24
$9.0M
$-2.8M
Q3 24
$14.5M
$1.7M
Q2 24
$-648.0K
$-5.5M
Q1 24
$-7.1M
$2.9M
Free Cash Flow
FSP
FSP
GYRE
GYRE
Q4 25
$-12.7M
$-5.8M
Q3 25
$3.0M
$4.0M
Q2 25
$-5.7M
$1.8M
Q1 25
$-9.9M
$-251.0K
Q4 24
$-16.2M
$-2.8M
Q3 24
$8.6M
$1.0M
Q2 24
$-5.1M
$-6.9M
Q1 24
$-15.8M
$2.7M
FCF Margin
FSP
FSP
GYRE
GYRE
Q4 25
-48.6%
-15.5%
Q3 25
11.0%
13.1%
Q2 25
-21.5%
6.8%
Q1 25
-36.7%
-1.1%
Q4 24
-57.2%
-10.1%
Q3 24
29.1%
4.1%
Q2 24
-16.7%
-27.5%
Q1 24
-50.8%
9.8%
Capex Intensity
FSP
FSP
GYRE
GYRE
Q4 25
63.0%
0.4%
Q3 25
19.4%
2.2%
Q2 25
10.7%
1.0%
Q1 25
16.4%
0.6%
Q4 24
88.9%
0.2%
Q3 24
19.6%
2.7%
Q2 24
14.6%
5.8%
Q1 24
28.1%
0.9%
Cash Conversion
FSP
FSP
GYRE
GYRE
Q4 25
Q3 25
0.79×
Q2 25
1.32×
Q1 25
-0.03×
Q4 24
-4.85×
Q3 24
0.60×
Q2 24
-1.21×
Q1 24
0.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons