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AI brief of an SEC Form 8-K · FRANKLIN STREET PROPERTIES CORP /MA/ (FSP)

Franklin Street Properties Q2 net loss widens to $16.6 million on lower revenue

Negative Impact 3 of 5 earnings Written later

Franklin Street Properties reported a second-quarter 2026 GAAP net loss of $16.6 million, or $0.16 per share, compared with a net loss of $7.9 million, or $0.08 per share, a year earlier. Revenue fell to $26.4 million from $26.7 million, and the company's leased share of its owned portfolio dropped to 67.4% from 68.9% at year-end 2025, which weighs on shareholders' earnings outlook.

Key points

  • Q2 2026 net loss was $16.6 million ($0.16 per share) versus $7.9 million ($0.08 per share) in Q2 2025, including a $7.7 million loss on property sales and impairments.
  • Q2 2026 revenue was $26.4 million, down from $26.7 million a year earlier; FFO was $1.6 million ($0.02 per share).
  • Owned portfolio was 67.4% leased as of June 30, 2026, down from 68.9% on December 31, 2025.
  • Expanded strategic review now has BofA Securities and JLL Real Estate Investment Banking as co-financial advisers; Greenwood Plaza was sold on July 8, 2026 for approximately $19.4 million.

The filing

CompanyFRANKLIN STREET PROPERTIES CORP /MA/ (FSP)
Form8-K, current report
Filed with the SECJul 28, 2026, 4:25 PM ET
Accession number0001104659-26-087553

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.