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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and Owlet, Inc. (OWLT). Click either name above to swap in a different company.
Owlet, Inc. is the larger business by last-quarter revenue ($26.6M vs $26.0M, roughly 1.0× FRANKLIN STREET PROPERTIES CORP). FRANKLIN STREET PROPERTIES CORP runs the higher net margin — -28.1% vs -34.6%, a 6.5% gap on every dollar of revenue. On growth, Owlet, Inc. posted the faster year-over-year revenue change (29.6% vs -8.2%). Owlet, Inc. produced more free cash flow last quarter ($-651.0K vs $-12.7M). Over the past eight quarters, Owlet, Inc.'s revenue compounded faster (34.2% 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.
Owlet, Inc. is a pediatric health technology firm that develops smart wearable monitoring products for infants, most notably its signature smart sock that tracks real-time heart rate, oxygen levels, and sleep metrics. It serves global consumer markets across North America, Europe, and Asia-Pacific, distributing products via direct-to-consumer e-commerce and partnered retail outlets, focused on supporting parental peace of mind and infant health safety.
FSP vs OWLT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $26.0M | $26.6M |
| Net Profit | $-7.3M | $-9.2M |
| Gross Margin | 59.4% | 47.6% |
| Operating Margin | -27.9% | -18.4% |
| Net Margin | -28.1% | -34.6% |
| Revenue YoY | -8.2% | 29.6% |
| Net Profit YoY | 14.1% | -1.5% |
| EPS (diluted) | $-0.06 | — |
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.
| Q4 25 | $26.0M | $26.6M | ||
| Q3 25 | $27.3M | $32.0M | ||
| Q2 25 | $26.7M | $26.1M | ||
| Q1 25 | $27.1M | $21.1M | ||
| Q4 24 | $28.4M | $20.5M | ||
| Q3 24 | $29.7M | $22.1M | ||
| Q2 24 | $30.8M | $20.7M | ||
| Q1 24 | $31.2M | $14.8M |
| Q4 25 | $-7.3M | $-9.2M | ||
| Q3 25 | $-8.3M | $4.1M | ||
| Q2 25 | $-7.9M | $-37.6M | ||
| Q1 25 | $-21.4M | $3.0M | ||
| Q4 24 | $-8.5M | $-9.1M | ||
| Q3 24 | $-15.6M | $-5.6M | ||
| Q2 24 | $-21.0M | $-1.1M | ||
| Q1 24 | $-7.6M | $3.3M |
| Q4 25 | 59.4% | 47.6% | ||
| Q3 25 | 60.9% | 50.6% | ||
| Q2 25 | 59.9% | 51.3% | ||
| Q1 25 | 62.8% | 53.7% | ||
| Q4 24 | 59.7% | 53.5% | ||
| Q3 24 | 61.0% | 52.2% | ||
| Q2 24 | 64.2% | 49.5% | ||
| Q1 24 | 64.7% | 44.4% |
| Q4 25 | -27.9% | -18.4% | ||
| Q3 25 | -30.5% | 3.8% | ||
| Q2 25 | -29.2% | -7.4% | ||
| Q1 25 | -78.9% | -12.7% | ||
| Q4 24 | -29.9% | -36.2% | ||
| Q3 24 | -52.4% | -21.8% | ||
| Q2 24 | -68.0% | -10.8% | ||
| Q1 24 | -24.0% | -39.0% |
| Q4 25 | -28.1% | -34.6% | ||
| Q3 25 | -30.5% | 12.9% | ||
| Q2 25 | -29.5% | -144.4% | ||
| Q1 25 | -79.1% | 14.3% | ||
| Q4 24 | -30.0% | -44.2% | ||
| Q3 24 | -52.6% | -25.4% | ||
| Q2 24 | -68.2% | -5.5% | ||
| Q1 24 | -24.2% | 22.2% |
| Q4 25 | $-0.06 | — | ||
| Q3 25 | $-0.08 | $-0.06 | ||
| Q2 25 | $-0.08 | $-2.37 | ||
| Q1 25 | $-0.21 | $0.11 | ||
| Q4 24 | $-0.09 | $-0.15 | ||
| Q3 24 | $-0.15 | $-0.61 | ||
| Q2 24 | $-0.20 | $-0.30 | ||
| Q1 24 | $-0.07 | $-0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $30.6M | $35.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $607.0M | $19.0M |
| Total Assets | $892.9M | $85.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.6M | $35.5M | ||
| Q3 25 | $31.4M | $23.8M | ||
| Q2 25 | $29.4M | $21.8M | ||
| Q1 25 | $30.2M | $16.3M | ||
| Q4 24 | $41.1M | $20.2M | ||
| Q3 24 | $40.9M | $21.6M | ||
| Q2 24 | $30.2M | $15.4M | ||
| Q1 24 | $34.2M | $18.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $2.1M | ||
| Q1 24 | — | $4.0M |
| Q4 25 | $607.0M | $19.0M | ||
| Q3 25 | $615.3M | $-54.1M | ||
| Q2 25 | $624.7M | $-59.2M | ||
| Q1 25 | $633.4M | $-25.8M | ||
| Q4 24 | $655.9M | $-29.8M | ||
| Q3 24 | $665.4M | $-21.5M | ||
| Q2 24 | $682.1M | $-33.4M | ||
| Q1 24 | $703.9M | $-32.9M |
| Q4 25 | $892.9M | $85.6M | ||
| Q3 25 | $901.0M | $74.9M | ||
| Q2 25 | $903.2M | $63.5M | ||
| Q1 25 | $916.4M | $51.4M | ||
| Q4 24 | $946.9M | $49.5M | ||
| Q3 24 | $981.5M | $56.1M | ||
| Q2 24 | $1.0B | $45.9M | ||
| Q1 24 | $1.0B | $43.8M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $3.8M | $-452.0K |
| Free Cash FlowOCF − Capex | $-12.7M | $-651.0K |
| FCF MarginFCF / Revenue | -48.6% | -2.5% |
| Capex IntensityCapex / Revenue | 63.0% | 0.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-25.3M | $-11.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.8M | $-452.0K | ||
| Q3 25 | $8.3M | $-2.2M | ||
| Q2 25 | $-2.9M | $-2.2M | ||
| Q1 25 | $-5.5M | $-5.9M | ||
| Q4 24 | $9.0M | $3.0M | ||
| Q3 24 | $14.5M | $-7.5M | ||
| Q2 24 | $-648.0K | $-3.4M | ||
| Q1 24 | $-7.1M | $-3.4M |
| Q4 25 | $-12.7M | $-651.0K | ||
| Q3 25 | $3.0M | $-2.2M | ||
| Q2 25 | $-5.7M | $-2.3M | ||
| Q1 25 | $-9.9M | $-5.9M | ||
| Q4 24 | $-16.2M | $3.0M | ||
| Q3 24 | $8.6M | $-7.5M | ||
| Q2 24 | $-5.1M | $-3.4M | ||
| Q1 24 | $-15.8M | — |
| Q4 25 | -48.6% | -2.5% | ||
| Q3 25 | 11.0% | -6.8% | ||
| Q2 25 | -21.5% | -8.8% | ||
| Q1 25 | -36.7% | -28.1% | ||
| Q4 24 | -57.2% | 14.5% | ||
| Q3 24 | 29.1% | -33.9% | ||
| Q2 24 | -16.7% | -16.3% | ||
| Q1 24 | -50.8% | — |
| Q4 25 | 63.0% | 0.7% | ||
| Q3 25 | 19.4% | 0.0% | ||
| Q2 25 | 10.7% | 0.2% | ||
| Q1 25 | 16.4% | 0.0% | ||
| Q4 24 | 88.9% | 0.2% | ||
| Q3 24 | 19.6% | 0.0% | ||
| Q2 24 | 14.6% | 0.0% | ||
| Q1 24 | 28.1% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | -0.52× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -1.96× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -1.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FSP
Segment breakdown not available.
OWLT
| US | $22.7M | 85% |
| Non Us | $3.2M | 12% |
| Other | $651.0K | 2% |