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Side-by-side financial comparison of BXP, Inc. (BXP) and Noble Corp plc (NE). Click either name above to swap in a different company.
BXP, Inc. is the larger business by last-quarter revenue ($872.1M vs $764.4M, roughly 1.1× Noble Corp plc). BXP, Inc. runs the higher net margin — 15.3% vs 11.3%, a 3.9% gap on every dollar of revenue. On growth, BXP, Inc. posted the faster year-over-year revenue change (0.8% vs -17.6%). Over the past eight quarters, Noble Corp plc's revenue compounded faster (9.5% 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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
BXP vs NE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $872.1M | $764.4M |
| Net Profit | $133.0M | $86.6M |
| Gross Margin | — | — |
| Operating Margin | — | 5.6% |
| Net Margin | 15.3% | 11.3% |
| Revenue YoY | 0.8% | -17.6% |
| Net Profit YoY | 53.0% | -10.4% |
| EPS (diluted) | $1.69 | $0.54 |
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 | $764.4M | ||
| Q3 25 | $871.5M | $798.0M | ||
| Q2 25 | $868.5M | $848.7M | ||
| Q1 25 | $865.2M | $874.5M | ||
| Q4 24 | $858.6M | $927.3M | ||
| Q3 24 | $859.2M | $800.5M | ||
| Q2 24 | $850.5M | $692.8M |
| Q1 26 | $133.0M | — | ||
| Q4 25 | $248.4M | $86.6M | ||
| Q3 25 | $-121.7M | $-21.1M | ||
| Q2 25 | $89.0M | $42.9M | ||
| Q1 25 | $61.2M | $108.3M | ||
| Q4 24 | $-228.9M | $96.6M | ||
| Q3 24 | $83.6M | $61.2M | ||
| Q2 24 | $79.6M | $195.0M |
| Q1 26 | — | — | ||
| Q4 25 | 58.8% | — | ||
| Q3 25 | 59.3% | — | ||
| Q2 25 | 59.2% | — | ||
| Q1 25 | 59.2% | — | ||
| Q4 24 | 59.7% | — | ||
| Q3 24 | 59.5% | — | ||
| Q2 24 | 59.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 6.3% | ||
| Q2 25 | — | 15.9% | ||
| Q1 25 | — | 21.4% | ||
| Q4 24 | — | 18.4% | ||
| Q3 24 | — | 14.4% | ||
| Q2 24 | — | 30.3% |
| Q1 26 | 15.3% | — | ||
| Q4 25 | 28.3% | 11.3% | ||
| Q3 25 | -14.0% | -2.6% | ||
| Q2 25 | 10.2% | 5.1% | ||
| Q1 25 | 7.1% | 12.4% | ||
| Q4 24 | -26.7% | 10.4% | ||
| Q3 24 | 9.7% | 7.6% | ||
| Q2 24 | 9.4% | 28.1% |
| Q1 26 | $1.69 | — | ||
| Q4 25 | $1.56 | $0.54 | ||
| Q3 25 | $-0.77 | $-0.13 | ||
| Q2 25 | $0.56 | $0.27 | ||
| Q1 25 | $0.39 | $0.67 | ||
| Q4 24 | $-1.46 | $0.56 | ||
| Q3 24 | $0.53 | $0.40 | ||
| Q2 24 | $0.51 | $1.34 |
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 | $471.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.7B | $4.5B |
| Total Assets | $25.1B | $7.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.8M | — | ||
| Q4 25 | $1.5B | $471.4M | ||
| Q3 25 | $861.1M | $477.9M | ||
| Q2 25 | $447.0M | $338.2M | ||
| Q1 25 | $398.1M | $303.8M | ||
| Q4 24 | $1.3B | $247.3M | ||
| Q3 24 | $1.4B | $391.9M | ||
| Q2 24 | $685.4M | $162.9M |
| Q1 26 | $7.7B | — | ||
| Q4 25 | $5.1B | $4.5B | ||
| Q3 25 | $5.0B | $4.5B | ||
| Q2 25 | $5.3B | $4.6B | ||
| Q1 25 | $5.3B | $4.7B | ||
| Q4 24 | $5.4B | $4.7B | ||
| Q3 24 | $5.8B | $4.7B | ||
| Q2 24 | $5.8B | $4.0B |
| Q1 26 | $25.1B | — | ||
| Q4 25 | $26.2B | $7.5B | ||
| Q3 25 | $26.0B | $7.6B | ||
| Q2 25 | $25.6B | $7.7B | ||
| Q1 25 | $25.4B | $7.9B | ||
| Q4 24 | $26.1B | $8.0B | ||
| Q3 24 | $26.4B | $8.0B | ||
| Q2 24 | $25.5B | $5.6B |
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 | — | $187.1M |
| Free Cash FlowOCF − Capex | — | $35.4M |
| FCF MarginFCF / Revenue | — | 4.6% |
| Capex IntensityCapex / Revenue | 1.5% | 19.9% |
| Cash ConversionOCF / Net Profit | — | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | — | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $407.8M | $187.1M | ||
| Q3 25 | $274.2M | $277.1M | ||
| Q2 25 | $353.1M | $216.4M | ||
| Q1 25 | $210.0M | $271.1M | ||
| Q4 24 | $383.7M | $136.2M | ||
| Q3 24 | $286.1M | $283.8M | ||
| Q2 24 | $367.1M | $106.8M |
| Q1 26 | — | — | ||
| Q4 25 | $362.7M | $35.4M | ||
| Q3 25 | $231.6M | $139.5M | ||
| Q2 25 | $281.5M | $99.8M | ||
| Q1 25 | $152.6M | $157.5M | ||
| Q4 24 | $312.5M | $-4.4M | ||
| Q3 24 | $234.5M | $156.8M | ||
| Q2 24 | $332.4M | $-34.3M |
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 4.6% | ||
| Q3 25 | 26.6% | 17.5% | ||
| Q2 25 | 32.4% | 11.8% | ||
| Q1 25 | 17.6% | 18.0% | ||
| Q4 24 | 36.4% | -0.5% | ||
| Q3 24 | 27.3% | 19.6% | ||
| Q2 24 | 39.1% | -4.9% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 5.1% | 19.9% | ||
| Q3 25 | 4.9% | 17.3% | ||
| Q2 25 | 8.2% | 13.7% | ||
| Q1 25 | 6.6% | 13.0% | ||
| Q4 24 | 8.3% | 15.2% | ||
| Q3 24 | 6.0% | 15.9% | ||
| Q2 24 | 4.1% | 20.4% |
| Q1 26 | — | — | ||
| Q4 25 | 1.64× | 2.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.97× | 5.05× | ||
| Q1 25 | 3.43× | 2.50× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | 3.42× | 4.64× | ||
| Q2 24 | 4.61× | 0.55× |
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
