Franklin Street Properties (FSP) Cost of Revenue (2009 - 2025)
Franklin Street Properties (FSP) posted quarterly Cost of Revenue of $10.7 million for 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.
Franklin Street Properties (FSP) Cost of Revenue (2009 - 2025) Analysis & Trends
Franklin Street Properties (FSP) has reported Cost of Revenue for 12 consecutive years, with $10.7 million the latest figure, recorded in Q3 2025.
- In Q3 2025, Cost of Revenue fell 7.8% year-over-year to $10.7 million; the TTM figure through Sep 2025 stood at $42.9 million (down 8.21% YoY), while the FY2024 annual figure was $45.0 million, down 11.21% from the prior year.
- Cost of Revenue was little changed at $10.7 million in Q3 2025 per FSP's latest filing, from $10.7 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $15.9 million in Q1 2021 and bottomed at $10.1 million in Q1 2025.
- Historically, Cost of Revenue has averaged $12.7 million across 5 years, with a median of $12.7 million in 2023.
- Annual changes were most pronounced in 2021 — Cost of Revenue retreated 0.76% — and 2022, when it dropped 19.59%.
- Franklin Street Properties' Cost of Revenue stood at $15.2 million in 2021, then declined by 6.2% to $14.3 million in 2022, then fell by 8.18% to $13.1 million in 2023, then decreased by 12.83% to $11.4 million in 2024, then dropped by 6.58% to $10.7 million in 2025.
- Business Quant data shows FSP's Cost of Revenue at $10.7 million in Q3 2025, $10.7 million in Q2 2025, and $10.1 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - | - |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn | 84.67 Mn |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn | 60.13 Mn |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn | 6.02 Mn |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn | 17,000.00 |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn | 77.60 Mn |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 55.99 Mn |
| 10 | Franklin Street Properties | 46.95 Mn | 16.38 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 10.67 Mn |
| Sep 30, 2025 | 10.67 Mn |
| Jun 30, 2025 | 10.70 Mn |
| Jun 30, 2025 | 10.70 Mn |
| Mar 31, 2025 | 10.10 Mn |
| Mar 31, 2025 | 10.10 Mn |
| Dec 31, 2024 | 11.42 Mn |
| Dec 31, 2024 | 11.42 Mn |
| Sep 30, 2024 | 11.57 Mn |
| Sep 30, 2024 | 11.57 Mn |
| Jun 30, 2024 | 11.03 Mn |
| Jun 30, 2024 | 11.03 Mn |
| Mar 31, 2024 | 11.02 Mn |
| Mar 31, 2024 | 11.02 Mn |
| Dec 31, 2023 | 13.11 Mn |
| Dec 31, 2023 | 13.11 Mn |
| Sep 30, 2023 | 12.80 Mn |
| Sep 30, 2023 | 12.80 Mn |
| Jun 30, 2023 | 12.14 Mn |
| Jun 30, 2023 | 12.14 Mn |