BXP, Inc. (BXP)

BXP Financials

BXP Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	3.489B	872.148M	877.097M	871.510M	868.457M	865.215M	858.571M	859.227M	850.482M
Cost of Goods Sold	1.389B	356.934M	348.856M	341.364M	341.427M	339.911M	333.666M	564.269M	331.265M
Gross Profit	2.101B	515.214M	528.241M	530.146M	527.030M	525.304M	524.905M	294.958M	519.217M
Gross Profit Margin	59.1%	59.1%	60.2%	60.8%	60.7%	60.7%	61.1%	34.3%	61.0%
Total Operating Expenses	871.833M	287.437M	37.801M	276.156M	270.439M	52.284M	262.945M	33.352M	267.799M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	183.771M	59.341M	37.801M	40.009M	46.620M	52.284M	36.902M	33.352M	48.257M
Operating Income (EBIT)	1.229B	227.777M	490.440M	253.990M	256.591M	473.020M	262.667M	261.512M	251.287M
Operating Margin	26.1%	26.1%	55.9%	29.1%	29.5%	54.7%	30.6%	30.4%	29.5%
Income Before Tax (EBT)	430.096M	133.006M	294.789M	-116.840M	119.141M	86.905M	-237.817M	108.452M	106.949M
Interest Income	24.568M	8.885M	—	7.620M	8.063M	7.750M	20.452M	14.430M	10.788M
Interest Expense	629.436M	152.093M	150.261M	164.299M	162.783M	163.444M	170.390M	163.194M	149.642M
Other Income/Expense	-798.702M	-94.771M	-195.651M	-370.830M	-137.450M	-386.115M	-500.484M	-153.060M	-144.338M
Net Income	317.327M	101.576M	248.486M	-121.712M	88.977M	61.177M	-228.854M	83.628M	79.615M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	11.6%	11.6%	28.3%	-14.0%	10.2%	7.1%	-26.7%	9.7%	9.4%
EBITDA	1.878B	407.307M	681.197M	283.616M	505.829M	470.212M	163.150M	494.536M	476.133M
EBITDA Margin	46.7%	46.7%	77.7%	32.5%	58.2%	54.3%	19.0%	57.6%	56.0%
Depreciation & Amortization	924.176M	227.967M	236.147M	236.157M	223.905M	221.798M	230.577M	222.890M	219.542M
EPS Basic	2.00	0.64	1.57	-0.77	0.56	0.39	-1.45	0.53	0.51
EPS Diluted	1.99	0.64	1.56	-0.77	0.56	0.39	-1.45	0.53	0.51
Shares Outstanding	158.713M	158.713M	159.286M	158.345M	158.202M	158.202M	157.468M	157.725M	157.039M
Diluted Shares Outstanding	158.713M	158.713M	159.115M	158.345M	158.632M	158.632M	157.468M	158.213M	157.291M

BXP Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	3.482B	3.408B	3.274B	3.109B	2.889B	2.766B	2.961B	2.717B
Cost of Goods Sold	1.373B	1.322B	1.216B	1.136B	1.034B	1.030B	1.084B	1.023B
Gross Profit	2.109B	2.086B	2.057B	1.973B	1.854B	1.735B	1.877B	1.694B
Gross Profit Margin	60.6%	61.2%	62.8%	63.5%	64.2%	62.7%	63.4%	62.4%
Total Operating Expenses	168.789M	1.064B	1.019B	911.603M	881.396M	828.489M	828.927M	767.371M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	168.789M	176.471M	187.929M	161.828M	164.060M	133.112M	151.163M	121.722M
Operating Income (EBIT)	1.940B	1.022B	1.039B	1.061B	973.076M	906.853M	1.048B	913.685M
Operating Margin	55.7%	30.0%	31.7%	34.1%	33.7%	32.8%	35.4%	33.6%
Income Before Tax (EBT)	383.995M	84.188M	291.424M	1.021B	631.932M	1.019B	651.999M	597.874M
Interest Income	—	60.199M	63.261M	11.940M	5.704M	5.953M	18.939M	10.823M
Interest Expense	647.657M	645.117M	572.869M	437.139M	423.346M	431.717M	412.717M	378.168M
Other Income/Expense	-1.556B	-937.743M	-747.231M	-40.846M	-341.144M	111.838M	-395.622M	-214.538M
Net Income	276.800M	14.272M	190.215M	848.947M	505.195M	872.727M	521.534M	582.849M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	177.046M
Net Profit Margin	7.9%	0.4%	5.8%	27.3%	17.5%	31.6%	17.6%	21.5%
EBITDA	1.938B	1.619B	1.704B	2.210B	1.776B	2.136B	1.745B	2.034B
EBITDA Margin	55.7%	47.5%	52.0%	71.1%	61.5%	77.2%	58.9%	74.9%
Depreciation & Amortization	906.764M	889.453M	832.753M	752.202M	720.852M	685.985M	680.176M	1.792B
EPS Basic	1.75	0.09	1.21	5.42	3.18	5.54	0.40	3.77
EPS Diluted	1.74	0.09	1.21	5.40	3.17	5.54	0.40	3.77
Shares Outstanding	159.080M	157.468M	157.201M	156.726M	156.116M	155.432M	154.582M	154.427M
Diluted Shares Outstanding	158.869M	157.793M	157.201M	157.137M	156.376M	155.517M	154.883M	154.682M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About BXP, Inc.

BXP, trading on the NYSE, is the leading publicly listed company engaged in the development and ownership of premier Class A office properties across the United States. Its operations are strategically concentrated in five major urban centers: Boston, Los Angeles, New York, San Francisco, and Washington, D.C. Structured as a Real Estate Investment Trust (REIT), the company operates as a comprehensive real estate entity, involved in the full spectrum of activities from developing and acquiring to managing and operating a diverse collection of primarily Class A office assets. Its current property holdings consist of 196 assets, collectively spanning 51.2 million square feet, which includes six properties actively undergoing construction or significant redevelopment.

Boston, MA

816 employees

www.bxp.com

Real Estate / REIT - Office

Sector: Real Estate
Industry: REIT - Office
CEO: Owen David Thomas

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