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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and Marti Technologies, Inc. (MRT). 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 $14.6M, roughly 1.8× Marti Technologies, Inc.). On growth, Marti Technologies, Inc. posted the faster year-over-year revenue change (63.1% vs -8.2%).

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.

The Marti Group is a Swiss construction company, consisting of over 80 subsidiaries, officially owned by Marti Holding AG. Besides Switzerland, they are active in neighboring countries such as Germany and Austria, and also outside of Europe such as China and Chile. The company is known for high-profile public and private sector projects and using innovative technologies. Their areas of expertise include building construction, construction and renovation of tunnels, road construction, hydrauli...

FSP vs MRT — Head-to-Head

Bigger by revenue
FSP
FSP
1.8× larger
FSP
$26.0M
$14.6M
MRT
Growing faster (revenue YoY)
MRT
MRT
+71.3% gap
MRT
63.1%
-8.2%
FSP

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
FSP
FSP
MRT
MRT
Revenue
$26.0M
$14.6M
Net Profit
$-7.3M
Gross Margin
59.4%
49.4%
Operating Margin
-27.9%
-86.1%
Net Margin
-28.1%
Revenue YoY
-8.2%
63.1%
Net Profit YoY
14.1%
EPS (diluted)
$-0.06
$-0.26

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
MRT
MRT
Q4 25
$26.0M
Q3 25
$27.3M
Q2 25
$26.7M
$14.6M
Q1 25
$27.1M
Q4 24
$28.4M
Q3 24
$29.7M
Q2 24
$30.8M
$8.9M
Q1 24
$31.2M
Net Profit
FSP
FSP
MRT
MRT
Q4 25
$-7.3M
Q3 25
$-8.3M
Q2 25
$-7.9M
Q1 25
$-21.4M
Q4 24
$-8.5M
Q3 24
$-15.6M
Q2 24
$-21.0M
Q1 24
$-7.6M
Gross Margin
FSP
FSP
MRT
MRT
Q4 25
59.4%
Q3 25
60.9%
Q2 25
59.9%
49.4%
Q1 25
62.8%
Q4 24
59.7%
Q3 24
61.0%
Q2 24
64.2%
Q1 24
64.7%
Operating Margin
FSP
FSP
MRT
MRT
Q4 25
-27.9%
Q3 25
-30.5%
Q2 25
-29.2%
-86.1%
Q1 25
-78.9%
Q4 24
-29.9%
Q3 24
-52.4%
Q2 24
-68.0%
-204.1%
Q1 24
-24.0%
Net Margin
FSP
FSP
MRT
MRT
Q4 25
-28.1%
Q3 25
-30.5%
Q2 25
-29.5%
Q1 25
-79.1%
Q4 24
-30.0%
Q3 24
-52.6%
Q2 24
-68.2%
Q1 24
-24.2%
EPS (diluted)
FSP
FSP
MRT
MRT
Q4 25
$-0.06
Q3 25
$-0.08
Q2 25
$-0.08
$-0.26
Q1 25
$-0.21
Q4 24
$-0.09
Q3 24
$-0.15
Q2 24
$-0.20
$-0.38
Q1 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
FSP
FSP
MRT
MRT
Cash + ST InvestmentsLiquidity on hand
$30.6M
$4.2M
Total DebtLower is stronger
$83.0M
Stockholders' EquityBook value
$607.0M
$-73.2M
Total Assets
$892.9M
$17.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
MRT
MRT
Q4 25
$30.6M
Q3 25
$31.4M
Q2 25
$29.4M
$4.2M
Q1 25
$30.2M
Q4 24
$41.1M
Q3 24
$40.9M
Q2 24
$30.2M
$9.0M
Q1 24
$34.2M
Total Debt
FSP
FSP
MRT
MRT
Q4 25
Q3 25
Q2 25
$83.0M
Q1 25
Q4 24
Q3 24
Q2 24
$60.2M
Q1 24
Stockholders' Equity
FSP
FSP
MRT
MRT
Q4 25
$607.0M
Q3 25
$615.3M
Q2 25
$624.7M
$-73.2M
Q1 25
$633.4M
Q4 24
$655.9M
Q3 24
$665.4M
Q2 24
$682.1M
$-51.2M
Q1 24
$703.9M
Total Assets
FSP
FSP
MRT
MRT
Q4 25
$892.9M
Q3 25
$901.0M
Q2 25
$903.2M
$17.2M
Q1 25
$916.4M
Q4 24
$946.9M
Q3 24
$981.5M
Q2 24
$1.0B
$25.0M
Q1 24
$1.0B

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSP
FSP
MRT
MRT
Q4 25
$3.8M
Q3 25
$8.3M
Q2 25
$-2.9M
Q1 25
$-5.5M
Q4 24
$9.0M
Q3 24
$14.5M
Q2 24
$-648.0K
Q1 24
$-7.1M
Free Cash Flow
FSP
FSP
MRT
MRT
Q4 25
$-12.7M
Q3 25
$3.0M
Q2 25
$-5.7M
Q1 25
$-9.9M
Q4 24
$-16.2M
Q3 24
$8.6M
Q2 24
$-5.1M
Q1 24
$-15.8M
FCF Margin
FSP
FSP
MRT
MRT
Q4 25
-48.6%
Q3 25
11.0%
Q2 25
-21.5%
Q1 25
-36.7%
Q4 24
-57.2%
Q3 24
29.1%
Q2 24
-16.7%
Q1 24
-50.8%
Capex Intensity
FSP
FSP
MRT
MRT
Q4 25
63.0%
Q3 25
19.4%
Q2 25
10.7%
Q1 25
16.4%
Q4 24
88.9%
Q3 24
19.6%
Q2 24
14.6%
Q1 24
28.1%

Financial Flow Comparison

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

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