Franklin Street Properties Q3 revenue falls to $24.9 million, net loss $9.1 million
Franklin Street Properties reported third-quarter 2026 results showing lower revenue and a larger net loss than a year earlier, with FFO also down. The company said it has identified individual asset and subportfolio sales it intends to pursue in the fourth quarter as part of its expanded strategic review, but completion depends on final pricing and buyer financing.
Key points
- Q3 2026 rental revenue was $24.9 million, versus $27.3 million in Q3 2025
- Q3 2026 net loss was $9.1 million, or $0.09 per share, versus $8.3 million, or $0.08 per share, a year earlier
- Q3 2026 FFO was $1.4 million, or $0.01 per share, versus $2.3 million, or $0.02 per share, a year earlier
- Leased percentage of the 13-property owned portfolio was 66.2% as of September 30, 2026, down from 68.9% at December 31, 2025
The filing
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 October 27, 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.