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Side-by-side financial comparison of BXP, Inc. (BXP) and Magnera Corp (MAGN). Click either name above to swap in a different company.
BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $792.0M, roughly 1.1× Magnera Corp). BXP, Inc. runs the higher net margin — 15.3% vs -4.3%, a 19.5% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 0.8%). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% 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.
BXP vs MAGN — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $792.0M |
| Net Profit | $133.0M | $-34.0M |
| Gross Margin | — | 12.2% |
| Operating Margin | — | 1.8% |
| Net Margin | 15.3% | -4.3% |
| Revenue YoY | 0.8% | 12.8% |
| Net Profit YoY | 53.0% | 43.3% |
| EPS (diluted) | $1.69 | $-0.95 |
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.
| Q1 26 | $872.1M | — | ||
| Q4 25 | $877.1M | $792.0M | ||
| Q3 25 | $871.5M | — | ||
| Q2 25 | $868.5M | $839.0M | ||
| Q1 25 | $865.2M | $824.0M | ||
| Q4 24 | $858.6M | $702.0M | ||
| Q3 24 | $859.2M | $332.1M | ||
| Q2 24 | $850.5M | $556.0M |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $-34.0M | ||
| Q3 25 | $-121.7M | — | ||
| Q2 25 | $89.0M | $-18.0M | ||
| Q1 25 | $61.2M | $-41.0M | ||
| Q4 24 | $-228.9M | $-60.0M | ||
| Q3 24 | $83.6M | $-15.2M | ||
| Q2 24 | $79.6M | $19.0M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 12.2% | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | 10.7% | ||
| Q1 25 | 59.2% | 10.7% | ||
| Q4 24 | 59.7% | 10.1% | ||
| Q3 24 | 59.5% | 10.7% | ||
| Q2 24 | 59.8% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | -3.1% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 3.1% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | -4.3% | ||
| Q3 25 | -14.0% | — | ||
| Q2 25 | 10.2% | -2.1% | ||
| Q1 25 | 7.1% | -5.0% | ||
| Q4 24 | -26.7% | -8.5% | ||
| Q3 24 | 9.7% | -4.6% | ||
| Q2 24 | 9.4% | 3.4% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $-0.95 | ||
| Q3 25 | $-0.77 | — | ||
| Q2 25 | $0.56 | $-0.51 | ||
| Q1 25 | $0.39 | $-1.15 | ||
| Q4 24 | $-1.46 | $-1.69 | ||
| Q3 24 | $0.53 | $-0.33 | ||
| Q2 24 | $0.51 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $512.8M | $264.0M |
| Total DebtLower is stronger | — | $1.9B |
| Stockholders' EquityBook value | $7.7B | $1.0B |
| Total Assets | $25.1B | $3.9B |
| Debt / EquityLower = less leverage | — | 1.86× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $264.0M | ||
| Q3 25 | $861.1M | — | ||
| Q2 25 | $447.0M | $276.0M | ||
| Q1 25 | $398.1M | $282.0M | ||
| Q4 24 | $1.3B | $215.0M | ||
| Q3 24 | $1.4B | $230.0M | ||
| Q2 24 | $685.4M | $33.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $877.4M |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $1.0B | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.3B | $1.1B | ||
| Q1 25 | $5.3B | $1.1B | ||
| Q4 24 | $5.4B | $1.1B | ||
| Q3 24 | $5.8B | $2.1B | ||
| Q2 24 | $5.8B | $2.4B |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $3.9B | ||
| Q3 25 | $26.0B | — | ||
| Q2 25 | $25.6B | $4.1B | ||
| Q1 25 | $25.4B | $4.1B | ||
| Q4 24 | $26.1B | $4.0B | ||
| Q3 24 | $26.4B | $2.8B | ||
| Q2 24 | $25.5B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.86× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 1.80× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.37× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $2.0M |
| Free Cash FlowOCF − Capex | — | $-13.0M |
| FCF MarginFCF / Revenue | — | -1.6% |
| Capex IntensityCapex / Revenue | 1.5% | 1.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $2.0M | ||
| Q3 25 | $274.2M | — | ||
| Q2 25 | $353.1M | $0 | ||
| Q1 25 | $210.0M | $65.0M | ||
| Q4 24 | $383.7M | $-58.0M | ||
| Q3 24 | $286.1M | $12.2M | ||
| Q2 24 | $367.1M | $38.0M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $-13.0M | ||
| Q3 25 | $231.6M | — | ||
| Q2 25 | $281.5M | — | ||
| Q1 25 | $152.6M | $42.0M | ||
| Q4 24 | $312.5M | $-74.0M | ||
| Q3 24 | $234.5M | $3.6M | ||
| Q2 24 | $332.4M | $23.0M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | -1.6% | ||
| Q3 25 | 26.6% | — | ||
| Q2 25 | 32.4% | — | ||
| Q1 25 | 17.6% | 5.1% | ||
| Q4 24 | 36.4% | -10.5% | ||
| Q3 24 | 27.3% | 1.1% | ||
| Q2 24 | 39.1% | 4.1% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.9% | ||
| Q3 25 | 4.9% | — | ||
| Q2 25 | 8.2% | 1.5% | ||
| Q1 25 | 6.6% | 2.8% | ||
| Q4 24 | 8.3% | 2.3% | ||
| Q3 24 | 6.0% | 2.6% | ||
| Q2 24 | 4.1% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | — | ||
| Q2 24 | 4.61× | 2.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BXP
| Lease | $818.2M | 94% |
| Parking and other | $30.8M | 4% |
| Development and management services | $9.2M | 1% |
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
