---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-050393"
form_type: "8-K"
ticker: "FSP"
cik: "0001031316"
company_name: "FRANKLIN STREET PROPERTIES CORP /MA/"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:40:53.658980+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FSP Q1 GAAP net loss $9.5M ($0.09/sh); dividend suspended

## Summary
- GAAP net loss $9.5M ($0.09 per share) for Q1 2026; FFO $1.2M ($0.01/sh).
- Dividend suspended (announced March 9); preserves ~$4.1M annual cash; reassessed quarterly.
- Expanded strategic review: BofA Securities and JLL as co-financial advisors.
- Potential sale of Greenwood Plaza; entered inspection/confidentiality agreement with potential buyer.
- Portfolio 68.4% leased (down from 68.9% Dec 2025); leased 145k sq ft in Q1.

## SEC filing metadata
- accession: 0001104659-26-050393
- form_type: 8-K
- ticker: FSP
- cik: 0001031316
- company_name: FRANKLIN STREET PROPERTIES CORP /MA/
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031316/000110465926050393/0001104659-26-050393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031316/000110465926050393/fsp-20260428x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-050393
- JSON: https://secwatch.observer/filing/0001104659-26-050393.json
- Plain text: https://secwatch.observer/filing/0001104659-26-050393.txt

## Key facts
- Earnings Releases
  FRANKLIN STREET PROPERTIES CORP /MA/ reported first quarter ended March 31, 2026 results: net income $9.5 million, EPS $0.09 per basic and diluted share.
  - Period: first quarter ended March 31, 2026
  - Net income: $9.5 million
  - EPS: $0.09 per basic and diluted share
  - Result: reported results
  source text: GAAP net loss was $9.5 million, or $0.09 per basic and diluted share for the three months ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031316/000110465926050393/0001104659-26-050393-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.