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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and Ucommune International Ltd (UK). 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 $16.4M, roughly 1.6× Ucommune International Ltd). FRANKLIN STREET PROPERTIES CORP runs the higher net margin — -28.1% vs -42.2%, a 14.0% gap on every dollar of revenue. On growth, FRANKLIN STREET PROPERTIES CORP posted the faster year-over-year revenue change (-8.2% vs -56.1%). Ucommune International Ltd produced more free cash flow last quarter ($-892.0K vs $-12.7M).

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.

Ucommune International Ltd., formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, Ucommune had completed i...

FSP vs UK — Head-to-Head

Bigger by revenue
FSP
FSP
1.6× larger
FSP
$26.0M
$16.4M
UK
Growing faster (revenue YoY)
FSP
FSP
+47.8% gap
FSP
-8.2%
-56.1%
UK
Higher net margin
FSP
FSP
14.0% more per $
FSP
-28.1%
-42.2%
UK
More free cash flow
UK
UK
$11.8M more FCF
UK
$-892.0K
$-12.7M
FSP

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
FSP
FSP
UK
UK
Revenue
$26.0M
$16.4M
Net Profit
$-7.3M
$-6.9M
Gross Margin
59.4%
Operating Margin
-27.9%
-23.6%
Net Margin
-28.1%
-42.2%
Revenue YoY
-8.2%
-56.1%
Net Profit YoY
14.1%
-30.2%
EPS (diluted)
$-0.06
$-8.55

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
UK
UK
Q4 25
$26.0M
Q3 25
$27.3M
Q2 25
$26.7M
Q1 25
$27.1M
Q4 24
$28.4M
Q3 24
$29.7M
Q2 24
$30.8M
$16.4M
Q1 24
$31.2M
Net Profit
FSP
FSP
UK
UK
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
$-6.9M
Q1 24
$-7.6M
Gross Margin
FSP
FSP
UK
UK
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
UK
UK
Q4 25
-27.9%
Q3 25
-30.5%
Q2 25
-29.2%
Q1 25
-78.9%
Q4 24
-29.9%
Q3 24
-52.4%
Q2 24
-68.0%
-23.6%
Q1 24
-24.0%
Net Margin
FSP
FSP
UK
UK
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%
-42.2%
Q1 24
-24.2%
EPS (diluted)
FSP
FSP
UK
UK
Q4 25
$-0.06
Q3 25
$-0.08
Q2 25
$-0.08
Q1 25
$-0.21
Q4 24
$-0.09
Q3 24
$-0.15
Q2 24
$-0.20
$-8.55
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
UK
UK
Cash + ST InvestmentsLiquidity on hand
$30.6M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$607.0M
$4.7M
Total Assets
$892.9M
$68.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
UK
UK
Q4 25
$30.6M
Q3 25
$31.4M
Q2 25
$29.4M
Q1 25
$30.2M
Q4 24
$41.1M
Q3 24
$40.9M
Q2 24
$30.2M
$10.7M
Q1 24
$34.2M
Stockholders' Equity
FSP
FSP
UK
UK
Q4 25
$607.0M
Q3 25
$615.3M
Q2 25
$624.7M
Q1 25
$633.4M
Q4 24
$655.9M
Q3 24
$665.4M
Q2 24
$682.1M
$4.7M
Q1 24
$703.9M
Total Assets
FSP
FSP
UK
UK
Q4 25
$892.9M
Q3 25
$901.0M
Q2 25
$903.2M
Q1 25
$916.4M
Q4 24
$946.9M
Q3 24
$981.5M
Q2 24
$1.0B
$68.0M
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
UK
UK
Operating Cash FlowLast quarter
$3.8M
$-677.0K
Free Cash FlowOCF − Capex
$-12.7M
$-892.0K
FCF MarginFCF / Revenue
-48.6%
-5.5%
Capex IntensityCapex / Revenue
63.0%
1.3%
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
UK
UK
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
$-677.0K
Q1 24
$-7.1M
Free Cash Flow
FSP
FSP
UK
UK
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
$-892.0K
Q1 24
$-15.8M
FCF Margin
FSP
FSP
UK
UK
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%
-5.5%
Q1 24
-50.8%
Capex Intensity
FSP
FSP
UK
UK
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%
1.3%
Q1 24
28.1%

Financial Flow Comparison

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

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