BXP, Inc. income statement
In fiscal 2025, BXP, Inc. reported revenue of $3.48bn, up 2.2% on the year before and net income of $277m, or $1.74 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,518 | 1,543 | 1,723 | 1,847 | 2,136 | 2,397 | 2,491 | 2,551 | 2,602 | 2,717 | 2,961 | 2,766 | 2,889 | 3,109 | 3,274 | 3,408 | 3,482 | 3,516 |
| Gross profit | — | — | — | — | — | — | — | — | 1,605 | 1,649 | 1,826 | 1,694 | 1,814 | 1,930 | 1,999 | 2,041 | 2,059 | 2,077 |
| General and administrative | 75 | 79 | 87 | 90 | 115 | 99 | 96 | 105 | 114 | 122 | 141 | 133 | 152 | 146 | 170 | 160 | 169 | 184 |
| Operating income | 568 | 609 | 605 | 640 | 678 | 802 | 849 | 826 | 908 | — | — | — | — | — | — | — | — | — |
| Interest expense | 323 | 378 | 392 | 411 | 447 | 456 | 432 | 413 | 374 | 378 | 413 | 432 | 423 | 437 | 580 | 645 | 653 | 632 |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | 0 | 0 | 2 | −1 | −0 | 0 | 0 | −1 | −1 |
| Net income | 231 | 159 | 273 | 290 | 750 | 444 | 583 | 513 | 462 | 583 | 522 | 873 | 505 | 849 | 190 | 14 | 277 | 297 |
| Diluted EPS | $1.76 | $1.14 | $1.86 | $1.92 | $4.86 | $2.83 | $3.72 | $3.26 | $2.93 | $3.70 | $3.30 | $5.54 | $3.17 | $5.40 | $1.21 | $0.09 | $1.74 | $1.86 |
| Diluted shares (average) | 132m | 140m | 146m | 151m | 153m | 153m | 154m | 154m | 154m | 155m | 155m | 156m | 156m | 157m | 157m | 158m | 159m | 159m |
| EBITDA | 889 | 947 | 1,044 | 1,094 | 1,244 | 1,430 | 1,489 | 1,520 | 1,526 | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 859 | 859 | 865 | 868 | 872 | 877 | 872 | 896 |
| Gross profit | 511 | 512 | 512 | 514 | 517 | 516 | 506 | 539 |
| General and administrative | 33 | 33 | 52 | 43 | 36 | 38 | 59 | 50 |
| Interest expense | 163 | 170 | 163 | 163 | 164 | 163 | 152 | 153 |
| Provision for credit losses | 0 | 0 | −0 | 0 | −0 | −1 | 0 | 0 |
| Net income | 84 | −229 | 61 | 89 | −122 | 248 | 102 | 69 |
| Diluted EPS | $0.53 | −$1.45 | $0.39 | $0.56 | −$0.77 | $1.56 | $0.64 | $0.43 |
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