BXP · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

BXP, Inc. · 2026-11-06 · Importance 54 · Surprise 40 · In source text

Net cash provided by operating activities increased to $937.4 million for the nine months ended September 30, 2026, from $837.4 million in 2025, a rise of approximately 11.9%. Cash and cash equivalents, including cash held in escrows, totaled approximately $1.5 billion at September 30, 2026, up $582.9 million from $938.7 million a year earlier. Net cash used in investing activities fell to $572.3 million from $988.2 million, while net cash used in financing activities increased to $400.7 million from $245.6 million. Investing cash flows included $574.0 million of construction-in-progress spending and $289.9 million of tenant improvements in the 2026 nine-month period.

Key facts

• For the nine months ended September 30, 2026, BXP generated $937.392 million of operating cash flow, used $572.341 million in investing activities, and used $400.657 million in financing activities.
• BXP’s operating cash flow for the nine months ended September 30, 2026 was $937.392 million, compared with $837.405 million in the 2025 period, an increase of $99.987 million.

Impact estimates