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Side-by-side financial comparison of BXP, Inc. (BXP) and Incyte (INCY). Click either name above to swap in a different company.

Incyte is the larger business by last-quarter revenue ($1.3B vs $872.1M, roughly 1.5× BXP, Inc.). Incyte runs the higher net margin — 23.8% vs 15.3%, a 8.6% gap on every dollar of revenue. On growth, Incyte posted the faster year-over-year revenue change (20.9% vs 0.8%). Over the past eight quarters, Incyte's revenue compounded faster (10.4% CAGR vs 1.3%).

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.

Incyte Corporation is an American multinational pharmaceutical company with headquarters in Wilmington, Delaware. The company currently operates manufacturing and R&D locations in North America, Europe, and Asia.

BXP vs INCY — Head-to-Head

Bigger by revenue
INCY
INCY
1.5× larger
INCY
$1.3B
$872.1M
BXP
Growing faster (revenue YoY)
INCY
INCY
+20.1% gap
INCY
20.9%
0.8%
BXP
Higher net margin
INCY
INCY
8.6% more per $
INCY
23.8%
15.3%
BXP
Faster 2-yr revenue CAGR
INCY
INCY
Annualised
INCY
10.4%
1.3%
BXP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BXP
BXP
INCY
INCY
Revenue
$872.1M
$1.3B
Net Profit
$133.0M
$303.3M
Gross Margin
Operating Margin
23.7%
Net Margin
15.3%
23.8%
Revenue YoY
0.8%
20.9%
Net Profit YoY
53.0%
91.7%
EPS (diluted)
$1.69
$1.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BXP
BXP
INCY
INCY
Q1 26
$872.1M
$1.3B
Q4 25
$877.1M
$1.5B
Q3 25
$871.5M
$1.4B
Q2 25
$868.5M
$1.2B
Q1 25
$865.2M
$1.1B
Q4 24
$858.6M
$1.2B
Q3 24
$859.2M
$1.1B
Q2 24
$850.5M
$1.0B
Net Profit
BXP
BXP
INCY
INCY
Q1 26
$133.0M
$303.3M
Q4 25
$248.4M
$299.3M
Q3 25
$-121.7M
$424.2M
Q2 25
$89.0M
$405.0M
Q1 25
$61.2M
$158.2M
Q4 24
$-228.9M
$201.2M
Q3 24
$83.6M
$106.5M
Q2 24
$79.6M
$-444.6M
Gross Margin
BXP
BXP
INCY
INCY
Q1 26
Q4 25
58.8%
92.0%
Q3 25
59.3%
92.8%
Q2 25
59.2%
93.5%
Q1 25
59.2%
93.0%
Q4 24
59.7%
92.5%
Q3 24
59.5%
92.4%
Q2 24
59.8%
92.7%
Operating Margin
BXP
BXP
INCY
INCY
Q1 26
23.7%
Q4 25
22.3%
Q3 25
32.5%
Q2 25
43.6%
Q1 25
19.5%
Q4 24
25.6%
Q3 24
12.8%
Q2 24
-45.8%
Net Margin
BXP
BXP
INCY
INCY
Q1 26
15.3%
23.8%
Q4 25
28.3%
19.9%
Q3 25
-14.0%
31.1%
Q2 25
10.2%
33.3%
Q1 25
7.1%
15.0%
Q4 24
-26.7%
17.1%
Q3 24
9.7%
9.4%
Q2 24
9.4%
-42.6%
EPS (diluted)
BXP
BXP
INCY
INCY
Q1 26
$1.69
$1.47
Q4 25
$1.56
$1.46
Q3 25
$-0.77
$2.11
Q2 25
$0.56
$2.04
Q1 25
$0.39
$0.80
Q4 24
$-1.46
$0.90
Q3 24
$0.53
$0.54
Q2 24
$0.51
$-2.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BXP
BXP
INCY
INCY
Cash + ST InvestmentsLiquidity on hand
$512.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.7B
$5.6B
Total Assets
$25.1B
$7.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BXP
BXP
INCY
INCY
Q1 26
$512.8M
Q4 25
$1.5B
$3.1B
Q3 25
$861.1M
$2.5B
Q2 25
$447.0M
$2.0B
Q1 25
$398.1M
$1.9B
Q4 24
$1.3B
$1.7B
Q3 24
$1.4B
$1.3B
Q2 24
$685.4M
$987.3M
Stockholders' Equity
BXP
BXP
INCY
INCY
Q1 26
$7.7B
$5.6B
Q4 25
$5.1B
$5.2B
Q3 25
$5.0B
$4.7B
Q2 25
$5.3B
$4.2B
Q1 25
$5.3B
$3.7B
Q4 24
$5.4B
$3.4B
Q3 24
$5.8B
$3.2B
Q2 24
$5.8B
$3.0B
Total Assets
BXP
BXP
INCY
INCY
Q1 26
$25.1B
$7.3B
Q4 25
$26.2B
$7.0B
Q3 25
$26.0B
$6.3B
Q2 25
$25.6B
$5.8B
Q1 25
$25.4B
$5.7B
Q4 24
$26.1B
$5.4B
Q3 24
$26.4B
$5.0B
Q2 24
$25.5B
$4.7B

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BXP
BXP

Lease$818.2M94%
Parking and other$30.8M4%
Development and management services$9.2M1%

INCY
INCY

Segment breakdown not available.

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