Franklin Street Properties (FSP) Cost of Revenue (2017 - 2025)
Franklin Street Properties' (FSP) quarterly Cost of Revenue came in at $10.7 million in Q3 2025, down 7.8% year-over-year from $11.6 million in Q3 2024, and little changed quarter-over-quarter from $10.7 million in Q2 2025.
Analysis
Franklin Street Properties (FSP) Cost of Revenue (2017 - 2025) Analysis & Trends
Franklin Street Properties (FSP) has reported Cost of Revenue for 9 consecutive years, with $10.7 million the latest figure, recorded in Q3 2025.
- On a quarterly basis, Cost of Revenue fell 7.8% year-over-year to $10.7 million in Q3 2025; TTM through Sep 2025 was $42.9 million, a 8.21% decrease from a year earlier, with the FY2024 full-year figure at $45.0 million, down 11.21% from the prior year.
- Cost of Revenue was $10.7 million for Q3 2025 at Franklin Street Properties, roughly flat from $10.7 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $15.9 million in Q1 2021 and troughed at $10.1 million in Q1 2025.
- A 5-year average of $12.7 million and a median of $12.7 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue fell 0.76% in 2021 and slipped 19.59% in 2022, its largest moves.
- Over 5 years, Cost of Revenue stood at $15.2 million in 2021, then slipped by 6.2% to $14.3 million in 2022, then dropped by 8.18% to $13.1 million in 2023, then fell by 12.83% to $11.4 million in 2024, then decreased by 6.58% to $10.7 million in 2025.
- The last three Cost of Revenue figures came in at $10.7 million (Q3 2025), $10.7 million (Q2 2025), and $10.1 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield Property Partners | 15.48 Bn | 13.99 Bn | - | - |
| 2 | Alexandria Real Estate Equities | 8.61 Bn | 7.50 Bn | - | - |
| 3 | Cousins Properties | 4.59 Bn | 4.59 Bn | 183.86 Mn | 84.67 Mn |
| 4 | Kilroy Realty | 4.11 Bn | 4.11 Bn | 212.24 Mn | 60.13 Mn |
| 5 | Copt Defense Properties | 3.97 Bn | 3.97 Bn | 191.37 Mn | 6.02 Mn |
| 6 | Sl Green Realty | 3.71 Bn | 3.71 Bn | 263.98 Mn | 17,000.00 |
| 7 | Highwoods Properties | 3.33 Bn | 2.99 Bn | - | - |
| 8 | Douglas Emmett | 1.81 Bn | 1.45 Bn | 178.95 Mn | 77.60 Mn |
| 9 | Alexanders | 1.32 Bn | 1.01 Bn | - | - |
| 10 | Franklin Street Properties | 39.15 Mn | 8.58 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 10.67 Mn |
| Jun 30, 2025 | 10.70 Mn |
| Mar 31, 2025 | 10.10 Mn |
| Dec 31, 2024 | 11.42 Mn |
| Sep 30, 2024 | 11.57 Mn |
| Jun 30, 2024 | 11.03 Mn |
| Mar 31, 2024 | 11.02 Mn |
| Dec 31, 2023 | 13.11 Mn |
| Sep 30, 2023 | 12.80 Mn |
| Jun 30, 2023 | 12.14 Mn |
| Mar 31, 2023 | 12.69 Mn |
| Dec 31, 2022 | 14.27 Mn |
| Sep 30, 2022 | 13.37 Mn |
| Jun 30, 2022 | 12.34 Mn |
| Mar 31, 2022 | 12.83 Mn |
| Dec 31, 2021 | 15.22 Mn |
| Sep 30, 2021 | 14.37 Mn |
| Jun 30, 2021 | 15.35 Mn |
| Mar 31, 2021 | 15.94 Mn |
| Dec 31, 2020 | 17.44 Mn |