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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC). Click either name above to swap in a different company.

FRANKLIN STREET PROPERTIES CORP is the larger business by last-quarter revenue ($26.0M vs $21.8M, roughly 1.2× INNOVATIVE SOLUTIONS & SUPPORT INC). INNOVATIVE SOLUTIONS & SUPPORT INC runs the higher net margin — 18.6% vs -28.1%, a 46.7% gap on every dollar of revenue. On growth, INNOVATIVE SOLUTIONS & SUPPORT INC posted the faster year-over-year revenue change (36.6% vs -8.2%). INNOVATIVE SOLUTIONS & SUPPORT INC produced more free cash flow last quarter ($7.0M vs $-12.7M). Over the past eight quarters, INNOVATIVE SOLUTIONS & SUPPORT INC's revenue compounded faster (42.5% 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.

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc., and is its legal successor; the former company's mobile phone division was spun off as Motorola Mobility, now part of Chinese technology company...

FSP vs ISSC — Head-to-Head

Bigger by revenue
FSP
FSP
1.2× larger
FSP
$26.0M
$21.8M
ISSC
Growing faster (revenue YoY)
ISSC
ISSC
+44.8% gap
ISSC
36.6%
-8.2%
FSP
Higher net margin
ISSC
ISSC
46.7% more per $
ISSC
18.6%
-28.1%
FSP
More free cash flow
ISSC
ISSC
$19.7M more FCF
ISSC
$7.0M
$-12.7M
FSP
Faster 2-yr revenue CAGR
ISSC
ISSC
Annualised
ISSC
42.5%
-8.7%
FSP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FSP
FSP
ISSC
ISSC
Revenue
$26.0M
$21.8M
Net Profit
$-7.3M
$4.1M
Gross Margin
59.4%
54.5%
Operating Margin
-27.9%
28.9%
Net Margin
-28.1%
18.6%
Revenue YoY
-8.2%
36.6%
Net Profit YoY
14.1%
451.4%
EPS (diluted)
$-0.06
$0.22

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
ISSC
ISSC
Q4 25
$26.0M
$21.8M
Q3 25
$27.3M
$22.2M
Q2 25
$26.7M
$24.1M
Q1 25
$27.1M
$21.9M
Q4 24
$28.4M
$16.0M
Q3 24
$29.7M
$15.4M
Q2 24
$30.8M
$11.8M
Q1 24
$31.2M
$10.7M
Net Profit
FSP
FSP
ISSC
ISSC
Q4 25
$-7.3M
$4.1M
Q3 25
$-8.3M
$7.1M
Q2 25
$-7.9M
$2.4M
Q1 25
$-21.4M
$5.3M
Q4 24
$-8.5M
$736.2K
Q3 24
$-15.6M
$3.2M
Q2 24
$-21.0M
$1.6M
Q1 24
$-7.6M
$1.2M
Gross Margin
FSP
FSP
ISSC
ISSC
Q4 25
59.4%
54.5%
Q3 25
60.9%
63.2%
Q2 25
59.9%
35.5%
Q1 25
62.8%
51.4%
Q4 24
59.7%
41.4%
Q3 24
61.0%
55.4%
Q2 24
64.2%
53.4%
Q1 24
64.7%
52.0%
Operating Margin
FSP
FSP
ISSC
ISSC
Q4 25
-27.9%
28.9%
Q3 25
-30.5%
37.0%
Q2 25
-29.2%
14.6%
Q1 25
-78.9%
31.8%
Q4 24
-29.9%
8.4%
Q3 24
-52.4%
28.4%
Q2 24
-68.0%
17.3%
Q1 24
-24.0%
15.3%
Net Margin
FSP
FSP
ISSC
ISSC
Q4 25
-28.1%
18.6%
Q3 25
-30.5%
32.0%
Q2 25
-29.5%
10.1%
Q1 25
-79.1%
24.3%
Q4 24
-30.0%
4.6%
Q3 24
-52.6%
20.7%
Q2 24
-68.2%
13.2%
Q1 24
-24.2%
11.3%
EPS (diluted)
FSP
FSP
ISSC
ISSC
Q4 25
$-0.06
$0.22
Q3 25
$-0.08
$0.40
Q2 25
$-0.08
$0.14
Q1 25
$-0.21
$0.30
Q4 24
$-0.09
$0.04
Q3 24
$-0.15
$0.18
Q2 24
$-0.20
$0.09
Q1 24
$-0.07
$0.07

Balance Sheet & Financial Strength

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

Metric
FSP
FSP
ISSC
ISSC
Cash + ST InvestmentsLiquidity on hand
$30.6M
$8.3M
Total DebtLower is stronger
$23.8M
Stockholders' EquityBook value
$607.0M
$68.7M
Total Assets
$892.9M
$109.9M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
ISSC
ISSC
Q4 25
$30.6M
$8.3M
Q3 25
$31.4M
$2.7M
Q2 25
$29.4M
$601.8K
Q1 25
$30.2M
$1.2M
Q4 24
$41.1M
$604.6K
Q3 24
$40.9M
$539.0K
Q2 24
$30.2M
$521.0K
Q1 24
$34.2M
$574.1K
Total Debt
FSP
FSP
ISSC
ISSC
Q4 25
$23.8M
Q3 25
$24.4M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FSP
FSP
ISSC
ISSC
Q4 25
$607.0M
$68.7M
Q3 25
$615.3M
$64.6M
Q2 25
$624.7M
$56.8M
Q1 25
$633.4M
$53.5M
Q4 24
$655.9M
$47.8M
Q3 24
$665.4M
$46.6M
Q2 24
$682.1M
$43.2M
Q1 24
$703.9M
$41.4M
Total Assets
FSP
FSP
ISSC
ISSC
Q4 25
$892.9M
$109.9M
Q3 25
$901.0M
$103.4M
Q2 25
$903.2M
$91.8M
Q1 25
$916.4M
$89.9M
Q4 24
$946.9M
$81.3M
Q3 24
$981.5M
$82.4M
Q2 24
$1.0B
$59.8M
Q1 24
$1.0B
$57.6M
Debt / Equity
FSP
FSP
ISSC
ISSC
Q4 25
0.35×
Q3 25
0.38×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
ISSC
ISSC
Operating Cash FlowLast quarter
$3.8M
$8.2M
Free Cash FlowOCF − Capex
$-12.7M
$7.0M
FCF MarginFCF / Revenue
-48.6%
32.3%
Capex IntensityCapex / Revenue
63.0%
5.1%
Cash ConversionOCF / Net Profit
2.01×
TTM Free Cash FlowTrailing 4 quarters
$-25.3M
$12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSP
FSP
ISSC
ISSC
Q4 25
$3.8M
$8.2M
Q3 25
$8.3M
$3.0M
Q2 25
$-2.9M
$7.2M
Q1 25
$-5.5M
$1.3M
Q4 24
$9.0M
$1.8M
Q3 24
$14.5M
$445.3K
Q2 24
$-648.0K
$934.1K
Q1 24
$-7.1M
$201.1K
Free Cash Flow
FSP
FSP
ISSC
ISSC
Q4 25
$-12.7M
$7.0M
Q3 25
$3.0M
$2.0M
Q2 25
$-5.7M
$3.5M
Q1 25
$-9.9M
$-267.7K
Q4 24
$-16.2M
$1.6M
Q3 24
$8.6M
$299.5K
Q2 24
$-5.1M
$730.8K
Q1 24
$-15.8M
$75.4K
FCF Margin
FSP
FSP
ISSC
ISSC
Q4 25
-48.6%
32.3%
Q3 25
11.0%
8.8%
Q2 25
-21.5%
14.6%
Q1 25
-36.7%
-1.2%
Q4 24
-57.2%
9.9%
Q3 24
29.1%
1.9%
Q2 24
-16.7%
6.2%
Q1 24
-50.8%
0.7%
Capex Intensity
FSP
FSP
ISSC
ISSC
Q4 25
63.0%
5.1%
Q3 25
19.4%
4.5%
Q2 25
10.7%
15.3%
Q1 25
16.4%
7.1%
Q4 24
88.9%
1.6%
Q3 24
19.6%
0.9%
Q2 24
14.6%
1.7%
Q1 24
28.1%
1.2%
Cash Conversion
FSP
FSP
ISSC
ISSC
Q4 25
2.01×
Q3 25
0.42×
Q2 25
2.95×
Q1 25
0.24×
Q4 24
2.50×
Q3 24
0.14×
Q2 24
0.60×
Q1 24
0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSP
FSP

Segment breakdown not available.

ISSC
ISSC

Products$13.6M62%
Services$8.2M38%

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