vs
Side-by-side financial comparison of BXP, Inc. (BXP) and Microchip Technology (MCHP). Click either name above to swap in a different company.
Microchip Technology is the larger business by last-quarter revenue ($1.2B vs $872.1M, roughly 1.4× BXP, Inc.). BXP, Inc. runs the higher net margin — 15.3% vs 5.3%, a 10.0% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% vs 0.8%). Over the past eight quarters, BXP, Inc.'s revenue compounded faster (1.3% CAGR vs -5.4%).
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.
Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.
BXP vs MCHP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $1.2B |
| Net Profit | $133.0M | $62.7M |
| Gross Margin | — | 59.6% |
| Operating Margin | — | 12.8% |
| Net Margin | 15.3% | 5.3% |
| Revenue YoY | 0.8% | 15.6% |
| Net Profit YoY | 53.0% | 217.0% |
| EPS (diluted) | $1.69 | $0.06 |
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 | $1.2B | ||
| Q3 25 | $871.5M | $1.1B | ||
| Q2 25 | $868.5M | $1.1B | ||
| Q1 25 | $865.2M | $970.5M | ||
| Q4 24 | $858.6M | $1.0B | ||
| Q3 24 | $859.2M | $1.2B | ||
| Q2 24 | $850.5M | $1.2B |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $62.7M | ||
| Q3 25 | $-121.7M | $41.7M | ||
| Q2 25 | $89.0M | $-18.6M | ||
| Q1 25 | $61.2M | $-154.6M | ||
| Q4 24 | $-228.9M | $-53.6M | ||
| Q3 24 | $83.6M | $78.4M | ||
| Q2 24 | $79.6M | $129.3M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | 59.6% | ||
| Q3 25 | 59.3% | 55.9% | ||
| Q2 25 | 59.2% | 53.6% | ||
| Q1 25 | 59.2% | 51.6% | ||
| Q4 24 | 59.7% | 54.7% | ||
| Q3 24 | 59.5% | 57.4% | ||
| Q2 24 | 59.8% | 59.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | -10.3% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 17.7% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 5.3% | ||
| Q3 25 | -14.0% | 3.7% | ||
| Q2 25 | 10.2% | -1.7% | ||
| Q1 25 | 7.1% | -15.9% | ||
| Q4 24 | -26.7% | -5.2% | ||
| Q3 24 | 9.7% | 6.7% | ||
| Q2 24 | 9.4% | 10.4% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.06 | ||
| Q3 25 | $-0.77 | $0.03 | ||
| Q2 25 | $0.56 | $-0.09 | ||
| Q1 25 | $0.39 | $-0.29 | ||
| Q4 24 | $-1.46 | $-0.10 | ||
| Q3 24 | $0.53 | $0.14 | ||
| Q2 24 | $0.51 | $0.24 |
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 | $250.7M |
| Total DebtLower is stronger | — | $5.4B |
| Stockholders' EquityBook value | $7.7B | $6.6B |
| Total Assets | $25.1B | $14.3B |
| Debt / EquityLower = less leverage | — | 0.82× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $250.7M | ||
| Q3 25 | $861.1M | $236.8M | ||
| Q2 25 | $447.0M | $566.5M | ||
| Q1 25 | $398.1M | $771.7M | ||
| Q4 24 | $1.3B | $586.0M | ||
| Q3 24 | $1.4B | $286.1M | ||
| Q2 24 | $685.4M | $315.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $5.4B | ||
| Q3 25 | — | $5.4B | ||
| Q2 25 | — | $5.5B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.2B |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $6.6B | ||
| Q3 25 | $5.0B | $6.7B | ||
| Q2 25 | $5.3B | $6.9B | ||
| Q1 25 | $5.3B | $7.1B | ||
| Q4 24 | $5.4B | $6.0B | ||
| Q3 24 | $5.8B | $6.3B | ||
| Q2 24 | $5.8B | $6.4B |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $14.3B | ||
| Q3 25 | $26.0B | $14.5B | ||
| Q2 25 | $25.6B | $15.0B | ||
| Q1 25 | $25.4B | $15.4B | ||
| Q4 24 | $26.1B | $15.6B | ||
| Q3 24 | $26.4B | $15.6B | ||
| Q2 24 | $25.5B | $15.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.82× | ||
| Q3 25 | — | 0.80× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 0.96× |
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 | — | $341.4M |
| Free Cash FlowOCF − Capex | — | $318.9M |
| FCF MarginFCF / Revenue | — | 26.9% |
| Capex IntensityCapex / Revenue | 1.5% | 1.9% |
| Cash ConversionOCF / Net Profit | — | 5.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $819.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $341.4M | ||
| Q3 25 | $274.2M | $88.1M | ||
| Q2 25 | $353.1M | $275.6M | ||
| Q1 25 | $210.0M | $205.9M | ||
| Q4 24 | $383.7M | $271.5M | ||
| Q3 24 | $286.1M | $43.6M | ||
| Q2 24 | $367.1M | $377.1M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $318.9M | ||
| Q3 25 | $231.6M | $51.6M | ||
| Q2 25 | $281.5M | $257.7M | ||
| Q1 25 | $152.6M | $191.7M | ||
| Q4 24 | $312.5M | $253.4M | ||
| Q3 24 | $234.5M | $22.8M | ||
| Q2 24 | $332.4M | $304.2M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 26.9% | ||
| Q3 25 | 26.6% | 4.5% | ||
| Q2 25 | 32.4% | 24.0% | ||
| Q1 25 | 17.6% | 19.8% | ||
| Q4 24 | 36.4% | 24.7% | ||
| Q3 24 | 27.3% | 2.0% | ||
| Q2 24 | 39.1% | 24.5% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 1.9% | ||
| Q3 25 | 4.9% | 3.2% | ||
| Q2 25 | 8.2% | 1.7% | ||
| Q1 25 | 6.6% | 1.5% | ||
| Q4 24 | 8.3% | 1.8% | ||
| Q3 24 | 6.0% | 1.8% | ||
| Q2 24 | 4.1% | 5.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 5.44× | ||
| Q3 25 | — | 2.11× | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.42× | 0.56× | ||
| Q2 24 | 4.61× | 2.92× |
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% |
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
