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Franklin Street Properties (FSP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 28, 2026

Franklin Street Properties (FSP) reported revenue of $26.4M for the second quarter 2026 (Q2 2026), -1% from a year earlier and +0.5% from the quarter before. Operating margin was -34.2%, net loss $16.6M (63.0% of revenue).

Revenue$26.4M
Year over year-1%
Quarter over quarter+0.5%
Operating margin-34.2%
Net earnings−$16.6M

Franklin Street Properties, Q2 2026: revenue $26.4M (-1% year over year), operating margin -34.2%, net loss $16.6M, operating cash flow $3.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$26.4M+0.5%-1%
Operating profit−$9.0M——
Net earnings−$16.6M——
Operating cash flow$3.0M——

What changed

Revenue was $26.4M in Q2 2026, down 1% year over year and roughly flat from the previous quarter.

Operating costs exceeded revenue by $9.0M, an operating margin of -34.2%. Total costs grew 1% against a revenue fall of 1%. The quarter ended with a net loss of $16.6M, wider than the previous quarter's $9.5M loss.

Operating cash flow was $3.0M. Non-cash charges added back $12.2M of depreciation and amortization. Working capital and other items added $7.5M. Capital expenditures of $3.1M exceeded it, leaving free cash flow of −$103K.

Questions

What was Franklin Street Properties' revenue in the second quarter 2026?

Franklin Street Properties (FSP) reported revenue of $26.4M for the second quarter 2026 (Q2 2026), -1% from a year earlier and +0.5% from the quarter before.

Was Franklin Street Properties profitable in the second quarter 2026?

Operating loss was $9.0M (-34.2% of revenue) and net loss $16.6M.

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Source: Franklin Street Properties 10-Q on SEC EDGAR.