FRANKLIN STREET PROPERTIES CORP /MA/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $107.2M | $120.1M | $145.7M | $165.6M | $209.4M |
| Cost of revenue | $42.0M | $45.0M | $50.7M | $52.8M | $60.9M |
| Interest expense | — | — | $24.3M | $22.8M | $32.3M |
| Pretax income | -$44.8M | -$52.5M | -$47.8M | $1.3M | $92.9M |
| Income tax expense | $189,000 | $216,000 | $279,000 | $204,000 | $638,000 |
| Net income | -$45.0M | -$52.7M | -$48.1M | $1.1M | $92.7M |
| Balance Sheet | |||||
| Cash and equivalents | $30.6M | $41.1M | $125.5M | $3.7M | $34.3M |
| Total assets | $892.9M | $946.9M | $1.2B | $1.2B | $1.4B |
| Total liabilities | $285.9M | $291.1M | $456.5M | $472.9M | $581.0M |
| Stockholders' equity | $607.0M | $655.9M | $712.8M | $768.7M | $783.2M |
| Cash Flow Statement | |||||
| Cash from operations | $3.8M | $9.0M | $17.9M | $15.2M | $36.4M |
| Depreciation and amortization | $45.3M | $47.7M | $57.2M | $65.7M | $81.0M |
| Stock-based compensation | $225,000 | $270,000 | $315,000 | $394,000 | $338,000 |
| Capital expenditure | $16.4M | $25.2M | $31.6M | $54.9M | $64.8M |
| Free cash flow | -$12.7M | -$16.2M | -$13.8M | -$39.7M | -$28.5M |
| Dividends paid | $4.1M | $4.1M | $4.1M | $54.0M | $38.5M |
| Share repurchases | — | — | — | $4.8M | $18.2M |
Shares outstanding 103.7M · Free float 22.6%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.