Franklin Street Properties (FSP) Operating Expenses (2009 - 2025)

Franklin Street Properties (FSP) has reported Operating Expenses for 17 consecutive years, with $35.9 million the latest figure, recorded in Q3 2025.

• On a quarterly basis, Operating Expenses fell 5.26% year-over-year to $35.9 million in Q3 2025; TTM through Sep 2025 was $142.9 million, a 8.85% decrease from a year earlier, with the FY2024 full-year figure at $152.8 million, down 10.62% from the prior year.
• Operating Expenses was $35.9 million for Q3 2025 at Franklin Street Properties, up from $35.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at $65.4 million in Q1 2021 and troughed at $35.1 million in Q2 2025.
• A 5-year average of $44.6 million and a median of $43.8 million in 2023 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses grew 2.26% in 2021 and dropped 29.13% in 2022, its largest moves.
• Over 5 years, Operating Expenses stood at $47.7 million in 2021, then retreated by 4.56% to $45.5 million in 2022, then fell by 11.29% to $40.4 million in 2023, then slipped by 9.78% to $36.4 million in 2024, then retreated by 1.59% to $35.9 million in 2025.
• The last three Operating Expenses figures came in at $35.9 million (Q3 2025), $35.1 million (Q2 2025), and $35.5 million (Q1 2025), per Business Quant data.