BXP, Inc.BXPEarnings & Financial Report
BXP Inc., operating as Boston Properties, is a leading U.S. real estate investment trust focused on owning, managing and developing high-quality Class A commercial office properties across major U.S. metro markets, serving diverse corporate, tech and professional service tenants.
BXP Q1 FY2026 Key Financial Metrics
Revenue
$872.1M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$133.0M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
15.3%
YoY Growth
0.8%
EPS
$1.69
BXP, Inc. Q1 FY2026 Financial Summary
BXP, Inc. reported revenue of $872.1M (up 0.8% YoY) for Q1 FY2026, with a net profit of $133.0M (up 53.0% YoY) (15.3% margin).
Key Financial Metrics
| Total Revenue | $872.1M |
|---|---|
| Net Profit | $133.0M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q1 FY2026 |
Revenue Breakdown
BXP, Inc. Q1 FY2026 revenue of $872.1M breaks down across 3 segments, led by Lease at $818.2M (93.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Lease | $818.2M | 93.8% |
| Parking and other | $30.8M | 3.5% |
| Development and management services | $9.2M | 1.1% |
BXP, Inc. Annual Revenue by Year
BXP, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.5B).
BXP, Inc. Quarterly Revenue & Net Profit History
BXP, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $872.1M | +0.8% | $133.0M | 15.3% |
| Q4 FY2025 | $877.1M | +2.2% | $248.4M | 28.3% |
| Q3 FY2025 | $871.5M | +1.4% | $-121.7M | -14.0% |
| Q2 FY2025 | $868.5M | +2.1% | $89.0M | 10.2% |
| Q1 FY2025 | $865.2M | +3.1% | $61.2M | 7.1% |
| Q4 FY2024 | $858.6M | +3.6% | $-228.9M | -26.7% |
| Q3 FY2024 | $859.2M | +4.2% | $83.6M | 9.7% |
| Q2 FY2024 | $850.5M | +4.1% | $79.6M | 9.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $850.5M | $859.2M | $858.6M | $865.2M | $868.5M | $871.5M | $877.1M | $872.1M |
| YoY Growth | 4.1% | 4.2% | 3.6% | 3.1% | 2.1% | 1.4% | 2.2% | 0.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $25.47B | $26.41B | $26.08B | $25.44B | $25.62B | $26.00B | $26.17B | $25.10B |
| Liabilities | $17.18B | $18.12B | $18.14B | $17.58B | $17.77B | $18.48B | $18.47B | $17.38B |
| Equity | $5.80B | $5.76B | $5.41B | $5.32B | $5.26B | $5.00B | $5.15B | $7.72B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $367.1M | $286.1M | $383.7M | $210.0M | $353.1M | $274.2M | $407.8M |