Franklin Street Properties Operating Expenses Growth & History (FSP)
Franklin Street Properties's operating expenses was $140.0M for fiscal 2025.
View full Franklin Street Properties company overviewFranklin Street Properties annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $140.0M | −$12.8M | −8.40% |
| 2024 | 2024-12-31 | $152.8M | −$18.2M | −10.62% |
| 2023 | 2023-12-31 | $171.0M | −$16.9M | −9.01% |
| 2022 | 2022-12-31 | $187.9M | −$40.7M | −17.81% |
| 2021 | 2021-12-31 | $228.7M | −$26.3M | −10.30% |
| 2020 | 2020-12-31 | $254.9M | −$7.4M | −2.82% |
| 2019 | 2019-12-31 | $262.3M | $87,000 | +0.03% |
| 2018 | 2018-12-31 | $262.2M | −$1.9M | −0.73% |
| 2017 | 2017-12-31 | $264.2M | $25.0M | +10.44% |
| 2016 | 2016-12-31 | $239.2M | $8.6M | +3.72% |
| 2015 | 2015-12-31 | $230.6M | −$4.6M | −1.95% |
| 2014 | 2014-12-31 | $235.2M | $40.7M | +20.92% |
| 2013 | 2013-12-31 | $194.5M | $54.1M | +38.57% |
| 2012 | 2012-12-31 | $140.4M | $18.3M | +14.95% |
| 2011 | 2011-12-31 | $122.1M | $23.0M | +23.17% |
| 2010 | 2010-12-31 | $99.1M | $3.1M | +3.25% |
| 2009 | 2009-12-31 | $96.0M | — | — |
Franklin Street Properties quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.8M | −$22.3M | −63.48% |
| Q1 2026 | 2026-03-31 | $34.6M | −$869,000 | −2.45% |
| Q4 2025 | 2025-12-31 | $33.5M | −$2.9M | −7.98% |
| Q3 2025 | 2025-09-30 | $35.9M | −$2.0M | −5.26% |
| Q2 2025 | 2025-06-30 | $35.1M | −$3.8M | −9.79% |
| Q1 2025 | 2025-03-31 | $35.5M | −$4.1M | −10.41% |
| Q4 2024 | 2024-12-31 | $36.4M | −$4.0M | −9.78% |
| Q3 2024 | 2024-09-30 | $37.9M | −$4.9M | −11.54% |
| Q2 2024 | 2024-06-30 | $39.0M | −$4.9M | −11.08% |
| Q1 2024 | 2024-03-31 | $39.6M | −$4.4M | −10.06% |
| Q4 2023 | 2023-12-31 | $40.4M | −$5.1M | −11.29% |
| Q3 2023 | 2023-09-30 | $42.8M | −$4.0M | −8.58% |
| Q2 2023 | 2023-06-30 | $43.8M | −$5.4M | −11.00% |
| Q1 2023 | 2023-03-31 | $44.0M | −$2.4M | −5.09% |
| Q4 2022 | 2022-12-31 | $45.5M | −$46.0M | −50.24% |
| Q3 2022 | 2022-09-30 | $46.8M | −$8.3M | −15.06% |
| Q2 2022 | 2022-06-30 | $49.2M | −$11.2M | −18.51% |
| Q1 2022 | 2022-03-31 | $46.4M | — | — |
| Q4 2021 | 2021-12-31 | $91.5M | −$18.3M | −16.63% |
| Q3 2021 | 2021-09-30 | $55.1M | −$8.7M | −13.69% |
| Q2 2021 | 2021-06-30 | $60.4M | −$2.4M | −3.85% |
| Q4 2020 | 2020-12-31 | $109.8M | −$704,000 | −0.64% |
| Q3 2020 | 2020-09-30 | $63.9M | −$2.2M | −3.29% |
| Q2 2020 | 2020-06-30 | $62.8M | −$2.3M | −3.50% |
| Q4 2019 | 2019-12-31 | $110.5M | $45.4M | +69.76% |
| Q3 2019 | 2019-09-30 | $66.0M | −$176,000 | −0.27% |
| Q2 2019 | 2019-06-30 | $65.1M | −$573,000 | −0.87% |
| Q4 2018 | 2018-12-31 | $65.1M | −$1.6M | −2.38% |
| Q3 2018 | 2018-09-30 | $66.2M | −$109,000 | −0.16% |
| Q2 2018 | 2018-06-30 | $65.7M | $542,000 | +0.83% |
| Q1 2018 | 2018-03-31 | $65.3M | −$784,000 | −1.19% |
| Q4 2017 | 2017-12-31 | $66.7M | $2.3M | +3.52% |
| Q3 2017 | 2017-09-30 | $66.3M | $5.7M | +9.41% |
| Q2 2017 | 2017-06-30 | $65.1M | $7.8M | +13.57% |
| Q1 2017 | 2017-03-31 | $66.1M | $9.2M | +16.21% |
| Q4 2016 | 2016-12-31 | $64.4M | $7.1M | +12.40% |
| Q3 2016 | 2016-09-30 | $60.6M | $2.3M | +3.96% |
| Q2 2016 | 2016-06-30 | $57.3M | $260,000 | +0.46% |
| Q1 2016 | 2016-03-31 | $56.9M | −$1.1M | −1.90% |
| Q4 2015 | 2015-12-31 | $57.3M | −$1.5M | −2.51% |
| Q3 2015 | 2015-09-30 | $58.3M | −$720,000 | −1.22% |
| Q2 2015 | 2015-06-30 | $57.1M | −$1.3M | −2.18% |
| Q1 2015 | 2015-03-31 | $58.0M | −$1.1M | −1.89% |
| Q4 2014 | 2014-12-31 | $58.8M | $766,000 | +1.32% |
| Q3 2014 | 2014-09-30 | $59.0M | $5.1M | +9.49% |
| Q2 2014 | 2014-06-30 | $58.4M | $15.6M | +36.60% |
| Q1 2014 | 2014-03-31 | $59.1M | $19.2M | +48.10% |
| Q4 2013 | 2013-12-31 | $58.0M | — | — |
| Q3 2013 | 2013-09-30 | $53.9M | $17.8M | +49.33% |
| Q2 2013 | 2013-06-30 | $42.7M | — | — |
| Q1 2013 | 2013-03-31 | $39.9M | — | — |
| Q3 2012 | 2012-09-30 | $36.1M | $5.0M | +16.09% |
| Q3 2011 | 2011-09-30 | $31.1M | — | — |
| Q3 2009 | 2009-09-30 | $25.9M | — | — |
| Q2 2009 | 2009-06-30 | $25.8M | — | — |
Franklin Street Properties operating expenses trends
Over the last five fiscal years, Franklin Street Properties's operating expenses decreased from $254.9M to $140.0M, a change of −$114.9M. The latest reported quarter, Q2 2026, shows $12.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Franklin Street Properties source filings ↗