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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and Red Violet, Inc. (RDVT). 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 $23.4M, roughly 1.1× Red Violet, Inc.). Red Violet, Inc. runs the higher net margin — 12.0% vs -28.1%, a 40.2% gap on every dollar of revenue. On growth, Red Violet, Inc. posted the faster year-over-year revenue change (19.6% vs -8.2%). Red Violet, Inc. produced more free cash flow last quarter ($6.6M vs $-12.7M). Over the past eight quarters, Red Violet, Inc.'s revenue compounded faster (15.6% 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.

Red Violet, Inc. is a technology firm specializing in advanced data analytics, risk mitigation, and identity verification solutions. It serves clients across law enforcement, financial services, insurance, and corporate compliance sectors, delivering actionable insights from curated public and proprietary data sets to support informed decision-making.

FSP vs RDVT — Head-to-Head

Bigger by revenue
FSP
FSP
1.1× larger
FSP
$26.0M
$23.4M
RDVT
Growing faster (revenue YoY)
RDVT
RDVT
+27.8% gap
RDVT
19.6%
-8.2%
FSP
Higher net margin
RDVT
RDVT
40.2% more per $
RDVT
12.0%
-28.1%
FSP
More free cash flow
RDVT
RDVT
$19.2M more FCF
RDVT
$6.6M
$-12.7M
FSP
Faster 2-yr revenue CAGR
RDVT
RDVT
Annualised
RDVT
15.6%
-8.7%
FSP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FSP
FSP
RDVT
RDVT
Revenue
$26.0M
$23.4M
Net Profit
$-7.3M
$2.8M
Gross Margin
59.4%
Operating Margin
-27.9%
6.8%
Net Margin
-28.1%
12.0%
Revenue YoY
-8.2%
19.6%
Net Profit YoY
14.1%
226.2%
EPS (diluted)
$-0.06
$0.20

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
RDVT
RDVT
Q4 25
$26.0M
$23.4M
Q3 25
$27.3M
$23.1M
Q2 25
$26.7M
$21.8M
Q1 25
$27.1M
$22.0M
Q4 24
$28.4M
$19.6M
Q3 24
$29.7M
$19.1M
Q2 24
$30.8M
$19.1M
Q1 24
$31.2M
$17.5M
Net Profit
FSP
FSP
RDVT
RDVT
Q4 25
$-7.3M
$2.8M
Q3 25
$-8.3M
$4.2M
Q2 25
$-7.9M
$2.7M
Q1 25
$-21.4M
$3.4M
Q4 24
$-8.5M
$863.0K
Q3 24
$-15.6M
$1.7M
Q2 24
$-21.0M
$2.6M
Q1 24
$-7.6M
$1.8M
Gross Margin
FSP
FSP
RDVT
RDVT
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
RDVT
RDVT
Q4 25
-27.9%
6.8%
Q3 25
-30.5%
19.8%
Q2 25
-29.2%
12.6%
Q1 25
-78.9%
19.1%
Q4 24
-29.9%
1.9%
Q3 24
-52.4%
13.1%
Q2 24
-68.0%
16.1%
Q1 24
-24.0%
11.3%
Net Margin
FSP
FSP
RDVT
RDVT
Q4 25
-28.1%
12.0%
Q3 25
-30.5%
18.3%
Q2 25
-29.5%
12.3%
Q1 25
-79.1%
15.6%
Q4 24
-30.0%
4.4%
Q3 24
-52.6%
9.0%
Q2 24
-68.2%
13.8%
Q1 24
-24.2%
10.2%
EPS (diluted)
FSP
FSP
RDVT
RDVT
Q4 25
$-0.06
$0.20
Q3 25
$-0.08
$0.29
Q2 25
$-0.08
$0.18
Q1 25
$-0.21
$0.24
Q4 24
$-0.09
$0.06
Q3 24
$-0.15
$0.12
Q2 24
$-0.20
$0.19
Q1 24
$-0.07
$0.13

Balance Sheet & Financial Strength

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

Metric
FSP
FSP
RDVT
RDVT
Cash + ST InvestmentsLiquidity on hand
$30.6M
$43.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$607.0M
$100.9M
Total Assets
$892.9M
$112.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
RDVT
RDVT
Q4 25
$30.6M
$43.6M
Q3 25
$31.4M
$45.4M
Q2 25
$29.4M
$38.8M
Q1 25
$30.2M
$34.6M
Q4 24
$41.1M
$36.5M
Q3 24
$40.9M
$35.7M
Q2 24
$30.2M
$30.9M
Q1 24
$34.2M
$32.1M
Stockholders' Equity
FSP
FSP
RDVT
RDVT
Q4 25
$607.0M
$100.9M
Q3 25
$615.3M
$101.7M
Q2 25
$624.7M
$96.2M
Q1 25
$633.4M
$91.8M
Q4 24
$655.9M
$86.6M
Q3 24
$665.4M
$91.7M
Q2 24
$682.1M
$88.0M
Q1 24
$703.9M
$83.8M
Total Assets
FSP
FSP
RDVT
RDVT
Q4 25
$892.9M
$112.0M
Q3 25
$901.0M
$112.1M
Q2 25
$903.2M
$104.8M
Q1 25
$916.4M
$99.1M
Q4 24
$946.9M
$98.5M
Q3 24
$981.5M
$98.0M
Q2 24
$1.0B
$93.5M
Q1 24
$1.0B
$94.0M

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
RDVT
RDVT
Operating Cash FlowLast quarter
$3.8M
$6.7M
Free Cash FlowOCF − Capex
$-12.7M
$6.6M
FCF MarginFCF / Revenue
-48.6%
28.1%
Capex IntensityCapex / Revenue
63.0%
0.5%
Cash ConversionOCF / Net Profit
2.38×
TTM Free Cash FlowTrailing 4 quarters
$-25.3M
$28.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSP
FSP
RDVT
RDVT
Q4 25
$3.8M
$6.7M
Q3 25
$8.3M
$10.2M
Q2 25
$-2.9M
$7.5M
Q1 25
$-5.5M
$5.0M
Q4 24
$9.0M
$6.7M
Q3 24
$14.5M
$7.2M
Q2 24
$-648.0K
$5.7M
Q1 24
$-7.1M
$4.3M
Free Cash Flow
FSP
FSP
RDVT
RDVT
Q4 25
$-12.7M
$6.6M
Q3 25
$3.0M
$10.0M
Q2 25
$-5.7M
$7.3M
Q1 25
$-9.9M
$5.0M
Q4 24
$-16.2M
$6.7M
Q3 24
$8.6M
$7.2M
Q2 24
$-5.1M
$5.7M
Q1 24
$-15.8M
$4.2M
FCF Margin
FSP
FSP
RDVT
RDVT
Q4 25
-48.6%
28.1%
Q3 25
11.0%
43.3%
Q2 25
-21.5%
33.5%
Q1 25
-36.7%
22.5%
Q4 24
-57.2%
34.1%
Q3 24
29.1%
37.8%
Q2 24
-16.7%
29.7%
Q1 24
-50.8%
24.2%
Capex Intensity
FSP
FSP
RDVT
RDVT
Q4 25
63.0%
0.5%
Q3 25
19.4%
0.8%
Q2 25
10.7%
0.9%
Q1 25
16.4%
0.2%
Q4 24
88.9%
0.1%
Q3 24
19.6%
0.2%
Q2 24
14.6%
0.3%
Q1 24
28.1%
0.4%
Cash Conversion
FSP
FSP
RDVT
RDVT
Q4 25
2.38×
Q3 25
2.41×
Q2 25
2.79×
Q1 25
1.45×
Q4 24
7.75×
Q3 24
4.22×
Q2 24
2.17×
Q1 24
2.41×

Financial Flow Comparison

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

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