Filing Flows › Franklin Street Properties (FSP) › Q3 2026
Franklin Street Properties (FSP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 27, 2026
Franklin Street Properties (FSP) reported revenue of $24.9M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -5% from the quarter before. Operating margin was -33.2%, net loss $9.1M (36.5% of revenue).
Franklin Street Properties, Q3 2026: revenue $24.9M (-9% year over year), operating margin -33.2%, net loss $9.1M, operating cash flow $6.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.9M | -5% | -9% |
| Operating profit | −$8.3M | — | — |
| Net earnings | −$9.1M | — | — |
| Operating cash flow | $6.8M | +125% | -17% |
| Free cash flow | $2.9M | — | -3% |
What changed
Revenue was $24.9M in Q3 2026, down 9% year over year and down 5% from the previous quarter.
Operating costs exceeded revenue by $8.3M, an operating margin of -33.2%. Total costs fell 7% while revenue fell 9%. The quarter ended with a net loss of $9.1M, narrower than the previous quarter's $16.6M loss.
Operating cash flow was $6.8M (down 17% year over year). Non-cash charges added back $12.2M of depreciation and amortization. Working capital and other items added $3.8M. Capital expenditures of $3.9M left free cash flow of $2.9M.
Questions
What was Franklin Street Properties' revenue in the third quarter 2026?
Franklin Street Properties (FSP) reported revenue of $24.9M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -5% from the quarter before.
Was Franklin Street Properties profitable in the third quarter 2026?
Operating loss was $8.3M (-33.2% of revenue) and net loss $9.1M.