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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and Mediaco Holding Inc. (MDIA). Click either name above to swap in a different company.

Mediaco Holding Inc. is the larger business by last-quarter revenue ($38.7M vs $26.0M, roughly 1.5× FRANKLIN STREET PROPERTIES CORP). FRANKLIN STREET PROPERTIES CORP runs the higher net margin — -28.1% vs -83.6%, a 55.5% gap on every dollar of revenue. On growth, Mediaco Holding Inc. posted the faster year-over-year revenue change (17.9% vs -8.2%). Mediaco Holding Inc. produced more free cash flow last quarter ($-460.0K vs $-12.7M). Over the past eight quarters, Mediaco Holding Inc.'s revenue compounded faster (140.1% 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.

MediaCo Holding Inc. is an American media company with offices based in Burbank, California and New York City, owned by private equity firms HPS Investment Partners, LLC and Standard General. MediaCo caters to the African-American and the Spanish-speaking Hispanic communities. The company owns television and radio stations in several of the top multicultural markets, and is the parent company of the Estrella TV network.

FSP vs MDIA — Head-to-Head

Bigger by revenue
MDIA
MDIA
1.5× larger
MDIA
$38.7M
$26.0M
FSP
Growing faster (revenue YoY)
MDIA
MDIA
+26.1% gap
MDIA
17.9%
-8.2%
FSP
Higher net margin
FSP
FSP
55.5% more per $
FSP
-28.1%
-83.6%
MDIA
More free cash flow
MDIA
MDIA
$12.2M more FCF
MDIA
$-460.0K
$-12.7M
FSP
Faster 2-yr revenue CAGR
MDIA
MDIA
Annualised
MDIA
140.1%
-8.7%
FSP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FSP
FSP
MDIA
MDIA
Revenue
$26.0M
$38.7M
Net Profit
$-7.3M
$-32.3M
Gross Margin
59.4%
Operating Margin
-27.9%
-16.0%
Net Margin
-28.1%
-83.6%
Revenue YoY
-8.2%
17.9%
Net Profit YoY
14.1%
-661.9%
EPS (diluted)
$-0.06
$-0.39

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
MDIA
MDIA
Q4 25
$26.0M
$38.7M
Q3 25
$27.3M
$35.4M
Q2 25
$26.7M
$31.2M
Q1 25
$27.1M
$28.0M
Q4 24
$28.4M
$32.8M
Q3 24
$29.7M
$29.9M
Q2 24
$30.8M
$26.2M
Q1 24
$31.2M
$6.7M
Net Profit
FSP
FSP
MDIA
MDIA
Q4 25
$-7.3M
$-32.3M
Q3 25
$-8.3M
$-17.9M
Q2 25
$-7.9M
$-7.4M
Q1 25
$-21.4M
$-8.6M
Q4 24
$-8.5M
$-4.2M
Q3 24
$-15.6M
$54.9M
Q2 24
$-21.0M
$-48.3M
Q1 24
$-7.6M
$-3.7M
Gross Margin
FSP
FSP
MDIA
MDIA
Q4 25
59.4%
Q3 25
60.9%
Q2 25
59.9%
Q1 25
62.8%
Q4 24
59.7%
Q3 24
61.0%
Q2 24
64.2%
Q1 24
64.7%
Operating Margin
FSP
FSP
MDIA
MDIA
Q4 25
-27.9%
-16.0%
Q3 25
-30.5%
-20.0%
Q2 25
-29.2%
-21.7%
Q1 25
-78.9%
-16.7%
Q4 24
-29.9%
-13.8%
Q3 24
-52.4%
-23.0%
Q2 24
-68.0%
-50.9%
Q1 24
-24.0%
-51.7%
Net Margin
FSP
FSP
MDIA
MDIA
Q4 25
-28.1%
-83.6%
Q3 25
-30.5%
-50.5%
Q2 25
-29.5%
-23.7%
Q1 25
-79.1%
-30.7%
Q4 24
-30.0%
-12.9%
Q3 24
-52.6%
184.0%
Q2 24
-68.2%
-184.4%
Q1 24
-24.2%
-54.8%
EPS (diluted)
FSP
FSP
MDIA
MDIA
Q4 25
$-0.06
$-0.39
Q3 25
$-0.08
$-0.22
Q2 25
$-0.08
$-0.11
Q1 25
$-0.21
$-0.12
Q4 24
$-0.09
$0.19
Q3 24
$-0.15
$0.66
Q2 24
$-0.20
$-0.75
Q1 24
$-0.07
$-0.18

Balance Sheet & Financial Strength

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

Metric
FSP
FSP
MDIA
MDIA
Cash + ST InvestmentsLiquidity on hand
$30.6M
$5.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$607.0M
$46.3M
Total Assets
$892.9M
$291.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
MDIA
MDIA
Q4 25
$30.6M
$5.1M
Q3 25
$31.4M
$6.2M
Q2 25
$29.4M
$2.9M
Q1 25
$30.2M
$6.3M
Q4 24
$41.1M
$4.4M
Q3 24
$40.9M
$7.7M
Q2 24
$30.2M
$9.9M
Q1 24
$34.2M
$4.0M
Stockholders' Equity
FSP
FSP
MDIA
MDIA
Q4 25
$607.0M
$46.3M
Q3 25
$615.3M
$86.7M
Q2 25
$624.7M
$97.3M
Q1 25
$633.4M
$85.5M
Q4 24
$655.9M
$62.1M
Q3 24
$665.4M
$67.9M
Q2 24
$682.1M
$13.7M
Q1 24
$703.9M
$33.3M
Total Assets
FSP
FSP
MDIA
MDIA
Q4 25
$892.9M
$291.1M
Q3 25
$901.0M
$319.4M
Q2 25
$903.2M
$315.1M
Q1 25
$916.4M
$317.7M
Q4 24
$946.9M
$325.5M
Q3 24
$981.5M
$338.4M
Q2 24
$1.0B
$338.6M
Q1 24
$1.0B
$325.5M

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
MDIA
MDIA
Operating Cash FlowLast quarter
$3.8M
$32.0K
Free Cash FlowOCF − Capex
$-12.7M
$-460.0K
FCF MarginFCF / Revenue
-48.6%
-1.2%
Capex IntensityCapex / Revenue
63.0%
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-25.3M
$1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSP
FSP
MDIA
MDIA
Q4 25
$3.8M
$32.0K
Q3 25
$8.3M
$2.8M
Q2 25
$-2.9M
$-3.0M
Q1 25
$-5.5M
$2.1M
Q4 24
$9.0M
$10.9M
Q3 24
$14.5M
$-6.0M
Q2 24
$-648.0K
$-25.1M
Q1 24
$-7.1M
$412.0K
Free Cash Flow
FSP
FSP
MDIA
MDIA
Q4 25
$-12.7M
$-460.0K
Q3 25
$3.0M
$2.8M
Q2 25
$-5.7M
$-3.2M
Q1 25
$-9.9M
$2.0M
Q4 24
$-16.2M
$10.5M
Q3 24
$8.6M
$-6.6M
Q2 24
$-5.1M
$-25.2M
Q1 24
$-15.8M
$386.0K
FCF Margin
FSP
FSP
MDIA
MDIA
Q4 25
-48.6%
-1.2%
Q3 25
11.0%
8.0%
Q2 25
-21.5%
-10.2%
Q1 25
-36.7%
7.1%
Q4 24
-57.2%
31.9%
Q3 24
29.1%
-22.2%
Q2 24
-16.7%
-96.1%
Q1 24
-50.8%
5.8%
Capex Intensity
FSP
FSP
MDIA
MDIA
Q4 25
63.0%
1.3%
Q3 25
19.4%
0.0%
Q2 25
10.7%
0.7%
Q1 25
16.4%
0.2%
Q4 24
88.9%
1.2%
Q3 24
19.6%
2.1%
Q2 24
14.6%
0.3%
Q1 24
28.1%
0.4%
Cash Conversion
FSP
FSP
MDIA
MDIA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-0.11×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSP
FSP

Segment breakdown not available.

MDIA
MDIA

Video Segment$26.4M68%
Advertising$10.0M26%
Other$1.7M4%
Service Other$536.0K1%

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