Franklin Street Properties Corp (FSP)
NYSE: FSP · Real Estate Investment Trusts · Wakefield, MA · filing with the SEC since 2001
Grade3.9
◀ Past 4.7● Present 3.9▶ Future 3.4
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Mar 9, 2026 | Feb 11, 2025 | Feb 26, 2024 | Feb 14, 2023 | Feb 15, 2022 | Feb 16, 2021 | Feb 11, 2020 | Feb 12, 2019 | Feb 13, 2018 | Feb 15, 2017 |
| Revenue | 107,162 | 120,112 | 145,707 | 165,615 | 209,358 | 245,848 | 269,065 | 268,870 | 272,588 | 249,888 |
| For lenders | ||||||||||
| Interest expense on deposits and borrowings | 24,718 | 26,424 | 24,318 | 22,808 | · | · | · | · | · | · |
| Provision for credit losses | · | · | · | 4,237 | · | · | · | · | · | · |
| Cost of revenue | 42,040 | 45,043 | 50,732 | 52,820 | 60,881 | 66,940 | 72,311 | 70,703 | 71,212 | · |
| Selling, general and administrative | · | · | · | · | · | · | · | · | · | 14,126 |
| General and administrative | 12,427 | 13,884 | 14,021 | 13,885 | 15,898 | 14,997 | 14,473 | 13,070 | 13,471 | 14,126 |
| Total costs and expenses | 140,005 | 152,841 | 171,009 | 187,941 | 228,657 | 254,911 | 262,321 | 262,234 | 264,169 | 239,201 |
| Operating income | · | · | · | · | · | · | · | 6,636 | 8,419 | 10,687 |
| Interest expense | · | · | 24,318 | 22,808 | 32,273 | 36,026 | 36,757 | 38,374 | 32,387 | 26,548 |
| Share of profit of equity-method investments | · | · | · | · | 421 | · | · | 6,793 | -3,604 | -831 |
| Other income (expense), net | · | · | · | · | · | · | · | · | -1,878 | 1,878 |
| Income before income taxes | -44,771 | -52,507 | -47,831 | 1,298 | 92,934 | 32,865 | 6,744 | 13,429 | -15,544 | 8,796 |
| Income tax expense | 189 | 216 | 279 | 204 | 638 | 250 | 269 | 360 | 400 | 418 |
| Income from continuing operations | · | · | · | · | · | · | · | · | · | 8,378 |
| Net income including non-controlling interests | -44,960 | -52,723 | -48,110 | 1,094 | 92,717 | 32,615 | 6,475 | 13,069 | -15,944 | 8,378 |
| Net income to common shareholders | -44,960 | -52,723 | -48,110 | 1,094 | 92,717 | 32,615 | 6,475 | 13,069 | -15,944 | 8,378 |
| Earnings per share, basic | -0.43 | -0.51 | -0.47 | 0.01 | 0.87 | 0.30 | 0.06 | · | · | · |
| Earnings per share, diluted | -0.43 | -0.51 | -0.47 | 0.01 | 0.87 | 0.30 | 0.06 | · | · | · |
| Earnings per share, basic and diluted | · | · | · | · | · | 0.30 | 0.06 | 0.12 | -0.15 | 0.08 |
| Weighted average shares, basic | 103,640 | 103,510 | 103,357 | 103,338 | 106,667 | 107,303 | 107,233 | · | · | · |
| Weighted average shares, diluted | 103,640 | 103,510 | 103,357 | 103,338 | 106,667 | 107,303 | 107,233 | · | · | · |
| Weighted average shares, basic and diluted | · | · | · | · | 106,667 | 107,303 | 107,233 | 107,231 | 107,231 | 102,843 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTaxInterest expense on deposits and borrowings what it paid for the money it lends
us-gaap:InterestExpenseOperatingProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLossesExpensedCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstandingWeighted average shares, basic and diluted the average count, where both counts are the same
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted