15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $107M | -$45M | 60.8% | 0.0% | -$13M | — | $31M |
| 2024 | $120M | -$53M | 62.5% | 0.0% | -$16M | — | $41M |
| 2023 | $146M | -$48M | 65.2% | 0.0% | -$14M | — | $126M |
| 2022 | $166M | $1M | 68.1% | 0.0% | -$40M | — | $4M |
| 2021 | $209M | $93M | 70.9% | 0.0% | -$28M | — | $34M |
| 2020 | $246M | $33M | 72.8% | 0.0% | -$9M | — | $3M |
| 2019 | $269M | $6M | 73.1% | 0.0% | $11M | — | $10M |
| 2018 | $269M | $13M | 73.7% | 2.5% | $29M | — | $11M |
| 2017 | $273M | -$16M | 73.9% | 3.1% | $42M | — | $10M |
| 2016 | $250M | $8M | 0.0% | 4.3% | $57M | — | $9M |
| 2015 | $244M | $35M | 0.0% | 5.4% | $81M | — | $18M |
| 2014 | $250M | — | 0.0% | 5.8% | $85M | — | $8M |
| 2013 | $214M | — | 0.0% | 8.9% | $73M | — | $20M |
| 2012 | $162M | — | 0.0% | 13.1% | $55M | — | $21M |
| 2011 | $138M | — | 0.0% | 11.5% | — | — | $24M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $26M | -$10M | 60.8% | 0.0% | -$8M | — | $24M |
| Dec '25 | $26M | -$7M | 59.4% | 0.0% | $24000 | — | $31M |
| Sep '25 | $27M | -$8M | 60.9% | 0.0% | $3M | — | $31M |
| Jun '25 | $27M | -$8M | 59.9% | 0.0% | -$6M | — | $29M |
| Mar '25 | $27M | -$21M | 62.8% | 0.0% | -$10M | — | $30M |
| Dec '24 | $28M | -$9M | 59.7% | 0.0% | -$4M | — | $41M |
| Sep '24 | $30M | -$16M | 61.0% | 0.0% | $9M | — | $41M |
| Jun '24 | $31M | -$21M | 64.2% | 0.0% | -$5M | — | $30M |
| Mar '24 | $31M | -$8M | 64.7% | 0.0% | -$16M | — | $34M |
| Dec '23 | $35M | $4M | 62.3% | 0.0% | $708000 | — | $126M |
| Sep '23 | $37M | -$46M | 65.3% | 0.0% | $3M | — | $13M |
| Jun '23 | $36M | -$8M | 66.5% | 0.0% | -$5M | — | $6M |
| Mar '23 | $38M | $2M | 66.4% | 0.0% | -$13M | — | $10M |
| Dec '22 | $41M | -$3M | 65.4% | 0.0% | -$11M | — | $4M |
| Sep '22 | $41M | $17M | 67.3% | 0.0% | $3M | — | $6M |
| Jun '22 | $41M | -$9M | 70.1% | 0.0% | -$12M | — | $4M |
| Mar '22 | $42M | -$4M | 69.6% | 0.0% | -$20M | — | $8M |
| Dec '21 | $43M | $79M | 64.9% | 0.0% | -$424000 | — | $34M |
| Sep '21 | $51M | $4M | 71.7% | 0.0% | $3M | — | $5M |
| Jun '21 | $56M | $16M | 72.7% | 0.0% | -$16M | — | $19M |
How the market has priced FSP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, FRANKLIN STREET PROPERTIES CORP /MA/'s revenue has declined 15.3% per year. These are computed facts, not advice.
As of FY2025, FRANKLIN STREET PROPERTIES CORP /MA/ reported — of total debt against $31M of cash.
In FY2025, gross margin was 60.8%, operating margin —, and net margin -42.0%.
As of Jun '26, FRANKLIN STREET PROPERTIES CORP /MA/ traded at a price-to-earnings ratio of about 242.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.