BXP · 10-Q · 2026Q3 · Full report
Quarterly Earnings and FFO
BXP, Inc. · 2026-11-06 · Importance 65 · Surprise 64 · In source text
Net income attributable to BXP, Inc. increased $236.2 million for the three months ended September 30, 2026 compared with the prior-year quarter, from a $121.7 million loss to $114.5 million of income. Net income attributable to Boston Properties Limited Partnership increased $258.5 million, from a $130.1 million loss to $128.5 million of income. The increase was substantially affected by the absence of 2025 impairment losses, including the $145.1 million Gateway Commons joint venture impairment and $68.9 million of property impairment losses in the BXP reconciliation. Net operating income increased $35.4 million, or 6.84%, to $552.4 million.
Key facts
- BXP’s FFO attributable to BXP, Inc. for the three months ended September 30, 2026 was $302.240 million, compared with $276.674 million in the 2025 quarter.
- BXP’s diluted FFO attributable to BXP, Inc. for the three months ended September 30, 2026 was $302.340 million, compared with $276.766 million in the 2025 quarter.
- Funds from Operations attributable to Boston Properties Limited Partnership were 334,299 for the three months ended September 30, 2026, compared with 307,347 in the prior-year period.
- BXP's NOI was $552.377 million for the three months ended September 30, 2026, up $35.369 million or 6.84% from 2025.
- BXP's net income attributable to BXP, Inc. increased approximately $236.2 million for the three months ended September 30, 2026 versus 2025; BXP reported net income of $114.482 million compared with a net loss of $121.712 million.
- For the three months ended September 30, 2026, BXP reported net income attributable to BXP, Inc. of $114.482 million and FFO attributable to BXP, Inc. of $302.240 million.
- BXP's net income attributable to BXP, Inc. increased approximately $236.2 million for the three months ended September 30, 2026 compared with 2025.
- BXP's net income attributable to BXP, Inc. was $114.482 million for the three months ended September 30, 2026, compared with a net loss of $121.712 million in 2025.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +8.8% | BXP's net income attributable to BXP, Inc. increased approximately $236.2 million for the three months ended September 30, 2026 versus… |
| operating_income | positive | realized | +1.3% | BXP's NOI was $552.377 million for the three months ended September 30, 2026, up $35.369 million or 6.84% from 2025. |