FSP (Franklin Street Properties) Gross Profit: $47.0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSP Franklin Street Properties Corp FSP
44 GF Score
Price $0.44
GF Value $1.49
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Franklin Street Properties Gross Profit?

Franklin Street Properties FSP -6.55% 44 Gross Profit is $47.0 Mil as of Mar. 2026. GuruFocus rates FSP with a GF Score™ of 44/100 and a GF Value™ of $1.49 (Possible Value Trap). The stock has 4 warning signs investors should review.

Franklin Street Properties's gross profit for the three months ended in Mar. 2026 was $11.7 Mil. Franklin Street Properties's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $47.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Franklin Street Properties's gross profit for the three months ended in Mar. 2026 was $11.7 Mil. Franklin Street Properties's Revenue for the three months ended in Mar. 2026 was $26.2 Mil. Therefore, Franklin Street Properties's Gross Margin % for the quarter that ended in Mar. 2026 was 44.58%.

Franklin Street Properties had a gross margin of 44.58% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Franklin Street Properties was 57.79%. The lowest was 43.59%. And the median was 52.20%.

Warning Sign:

Franklin Street Properties Corp gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


Franklin Street Properties  (AMEX:FSP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Franklin Street Properties had a gross margin of 44.58% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Franklin Street Properties Gross Profit Related Terms


Franklin Street Properties Gross Profit Historical Data

* Premium members only.

The historical data trend for Franklin Street Properties's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Franklin Street Properties Gross Profit Chart

Franklin Street Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.42 78.18 67.78 52.35 46.91

Franklin Street Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.64 11.82 11.37 12.08 11.69

FSP vs CMCT, ONL, NLOP: Gross Profit Comparison

For the REIT - Office subindustry, Franklin Street Properties's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Franklin Street Properties Gross Profit vs REITs Industry

For the REITs industry and Real Estate sector, Franklin Street Properties's Gross Profit distribution charts can be found below:

* The bar in red indicates where Franklin Street Properties's Gross Profit falls into.


FSP
44GF Score
Franklin Street Properties Corp FSP
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin Street Properties Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Franklin Street Properties's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=107.162 - 60.251
=46.9

Franklin Street Properties's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=26.225 - 14.533
=11.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $47.0 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Franklin Street Properties's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=11.7 / 26.225
=44.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $47.0 Mil mean?
Franklin Street Properties (FSP) has a Gross Profit of $47.0 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Franklin Street Properties and its competitors.
Is Franklin Street Properties' Gross Profit too high?
Franklin Street Properties' current Gross Profit is $47.0 Mil. Overall, Franklin Street Properties has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Franklin Street Properties' Gross Profit compare to CMCT and ONL?
Franklin Street Properties' Gross Profit of $47.0 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a REITs company?
A good Gross Profit depends on the REITs industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Franklin Street Properties and its competitors. Franklin Street Properties's current Gross Profit is $47.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Street Properties stock overvalued right now?
Based on GuruFocus' analysis, Franklin Street Properties (FSP) is currently considered Possible Value Trap. The stock's GF Value™ is $1.49, compared to a current price of $0.44 — trading 70.3% below its estimated fair value. The current Gross Profit is $47.0 Mil. Franklin Street Properties' overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Franklin Street Properties (FSP), the current Gross Profit is $47.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Franklin Street Properties (FSP) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Street Properties stock appears to be undervalued. The current stock price of $0.44 is trading 70.3% below its estimated GF Value™ of $1.49. GuruFocus considers Franklin Street Properties to be Possible Value Trap.

Key valuation signals for FSP:

  • Gross Profit: $47.0 Mil
  • GF Value™: $1.49 vs. price of $0.44 (70.3% below fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the FSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franklin Street Properties Business Description

Industry Real EstateREITs
Other Exchanges WVH:Germany
Address 401 Edgewater Place, Suite 200, Wakefield, MA, USA, 01880
Franklin Street Properties Corp is a real estate investment trust. The company is focused on commercial real estate investments in office markets and currently operate in only one segment: real estate operations. The principal revenue sources for its real estate operations include rental income from real estate leasing, property dispositions and fee income from asset/property management and development. The company provides asset management, property management, property accounting, investor and/or development services to its portfolio and Sponsored REIT through the company's subsidiaries.
44GF Score

Get the complete analysis for FSP

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.44
Price
$1.49
GF Value