BXP · 8-K · 20261027PR000041
Net Income and Profitability
BXP, Inc. · 2026-10-27 · Importance 50 · Surprise 46 · Contradicted
For the three months ended September 30, 2026, net income attributable to BXP, Inc. was $114.5 million, up from $68.6 million in the prior quarter, while diluted EPS increased from $0.43 to $0.71. The quarter-over-quarter increase was accompanied by a reduction in total expenses to $615.6 million from $636.8 million and no impairment loss, compared with an $18.0 million impairment in the prior quarter. Gains on real estate sales were $10.4 million, versus $7.0 million in the prior quarter.
Key facts
- For the three months ended June 30, 2026, BXP’s share of same-property NOI excluding termination income was $486.813 million, up $16.249 million, or 3.5%, from $470.564 million in the prior-year period. source
- For the three months ended June 30, 2026, BXP’s share of same-property cash NOI excluding termination income was $454.967 million, up $3.484 million, or 0.8%, from $451.483 million in the prior-year period. source
- BXP reported third-quarter 2026 net income attributable to BXP, Inc. of $114.482 million, or $0.71 per diluted share. source
- BXP reported third-quarter 2026 FFO attributable to BXP, Inc. of $302.240 million and diluted FFO per share of $1.89. source
- BXP reported third-quarter 2026 funds available for distribution of $163.414 million. source
- BXP’s third-quarter 2026 consolidated income statement reported total revenue of $911.431 million and total expenses of $615.646 million. source
- BXP’s total assets were $26.272 billion at September 30, 2026. source
- BXP recorded $68.901 million of impairment losses for the three months ended September 30, 2025, compared with no impairment losses for the three months ended June 30, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -26.4% | For the three months ended September 30, 2025, BXP reported a net loss of $116.840 million, compared with net income of $119.141 million… |
| operating_income | positive | realized | +0.5% | BXP’s share of same-property NOI excluding termination income was $497.543 million for the three months ended June 30, 2026, compared with… |
| cash | positive | realized | +0.0% | BXP’s share of same-property cash NOI excluding termination income was $454.967 million for the three months ended June 30, 2026, compared… |