10-Q quarterly report · filed Apr 28, 2026

FRANKLIN STREET PROPERTIES CORP /MA/ (FSP) Q1 2026 10-Q Quarterly Report

Short answer

FRANKLIN STREET PROPERTIES CORP /MA/ (FSP) filed its Q1 2026 10-Q quarterly report on Apr 28, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $26M (down 3.3% year over year) with net income of −$10M.

Q1 2026 key financials · XBRL

Revenue
$26M
−3.3% YoY
Net income
−$10M
+55.6% YoY
EPS (diluted)
−$0.09
+57.1% YoY

Source: XBRL data from the FRANKLIN STREET PROPERTIES CORP /MA/ (FSP) Q1 2026 10-Q on SEC EDGAR. USD.

FRANKLIN STREET PROPERTIES CORP /MA/ Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Portfolio 4.8 million square feet across Dallas, Denver, Houston and Minneapolis
  • $320 million secured credit facility closed February 26, 2026
  • Approximately $249 million debt repaid using facility borrowings
  • Up to $45 million delayed-draw loans for tenant improvements and leasing commissions
  • Headwinds: interest rates, debt-market disruption, tariffs, inflation and weaker office demand

Risk Factors

  • No new risk factors disclosed; 2025 Form 10-K risks incorporated by reference
  • Additional unknown or currently immaterial risks could materially adversely affect results
  • New February 26, 2026 credit agreement introduces potential financing-related exposure
  • No equity repurchases during the three months ended March 31, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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