Franklin Street Properties financials
$0.3600+5.23%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $107.2M | $120.1M | $145.7M | $165.6M | $209.4M | $245.8M | $269.1M | $268.9M | $272.6M | $249.9M |
| Gross profit | $65.1M | $75.1M | $95.0M | $112.8M | $148.5M | $178.9M | $196.8M | $198.2M | $201.4M | $184.6M |
| Gross margin | 60.8% | 62.5% | 65.2% | 68.1% | 70.9% | 72.8% | 73.1% | 73.7% | 73.9% | 73.9% |
| Operating income | -$8.1M | -$6.3M | -$984.0K | -$3.8M | $13.0M | $27.0M | $43.5M | $45.0M | $40.8M | $37.2M |
| Net income | -$45.0M | -$52.7M | -$48.1M | $1.1M | $92.7M | $32.6M | $6.5M | $13.1M | -$15.9M | $8.4M |
| Net margin | −42.0% | −43.9% | −33.0% | 0.7% | 44.3% | 13.3% | 2.4% | 4.9% | −5.8% | 3.4% |
| Diluted EPS | $-0.43 | $-0.51 | $-0.47 | $0.01 | $0.87 | $0.30 | $0.06 | $0.12 | $-0.15 | $0.08 |
| EBITDA | $37.2M | $41.4M | $56.3M | $61.8M | $94.0M | $118.2M | $136.9M | $141.6M | $143.5M | $132.0M |
| Operating cash flow | $3.8M | $9.0M | $17.9M | $24.0M | $51.0M | $68.4M | $81.9M | $80.2M | $95.9M | $94.4M |
| Free cash flow | -$12.7M | -$16.2M | -$13.8M | -$31.0M | -$13.8M | -$9.5M | $11.2M | $29.1M | $41.6M | -$164.2M |
| Diluted shares | 103.6M | 103.5M | 103.4M | 103.3M | 106.7M | 107.3M | 107.2M | 107.2M | 107.2M | 102.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $30.6M | $42.7M | $127.9M | $6.6M | — | — |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $248.2M | $246.9M | $404.4M | $412.3M | $473.6M | $920.0M |
| Total assets | $892.9M | $946.9M | $1.17B | $1.24B | $1.36B | $1.79B |
| Total liabilities | $285.9M | $291.1M | $456.5M | $472.9M | $581.0M | $1.03B |
| Shareholders' equity | $607.0M | $655.9M | $712.8M | $768.7M | $783.2M | $768.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology