---
schema_version: "secwatch.filing_event.v1"
accession: "0001037540-25-000010"
form_type: "8-K"
ticker: "BXP"
cik: "0001037540"
company_name: "BXP, Inc."
filed_at: "2025-10-28T23:59:59+00:00"
generated_at: "2026-05-17T01:51:23.257714+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BXP reports Q3 2025 net loss of $122M on $871.5M revenue; FFO $1.74 beats midpoint

## Summary
- Revenue $871.5M (+1.4% YoY); net loss $(121.7)M ($0.77 EPS) vs profit $83.6M last year due to $1.22/share impairment charges.
- FFO $276.7M ($1.74 per share) exceeded guidance midpoint by $0.04; prior year FFO $286.9M ($1.81).
- Leased 1.5M sqft in Q3 (strongest Q3 since 2019, +38% YoY); portfolio occupancy 86.6% (ex-dev), 89.2% leased.
- Issued $1B 2% exchangeable notes due 2030 (upsized from $600M); net proceeds ~$940.1M.
- Full-year 2025 guidance: EPS $0.99-$1.02, FFO $6.89-$6.92 per share.

## SEC filing metadata
- accession: 0001037540-25-000010
- form_type: 8-K
- ticker: BXP
- cik: 0001037540
- company_name: BXP, Inc.
- filed_at: 2025-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037540/000103754025000010/0001037540-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037540/000103754025000010/bxp-20251028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001037540-25-000010
- JSON: https://secwatch.observer/filing/0001037540-25-000010.json
- Plain text: https://secwatch.observer/filing/0001037540-25-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.