BXP, Inc. reported first quarter ended March 31, 2026 results: revenue $872.1 million, net income $101.6 million, EPS $0.64 per diluted share. Guidance raised.
“premier workplaces in the United States, reported results today for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights • Revenue increased 0.8% to $872.1 million for the quarter ended March 31, 2026, compared to $865.2 million for the quarter ended March 31, 2025. • Net income attributable to BXP, Inc. of $101.6 million, or $0.64 per”
Debt Financings
BXP, Inc. incurred convertible notes of $1.0 billion aggregate principal amount with Morgan Stanley & Co. LLC; J.P. Morgan Securities LLC; Truist Securities, Inc.; Wells Fargo Securities, LLC at 2.00% per annum maturing October 1, 2030.
“On September 29, 2025, Boston Properties Limited Partnership (the “ Partnership ”), the operating partnership of BXP, Inc. (the “ Company ”) completed the issuance and sale of $1.0 billion aggregate principal amount of the Partnership’s 2.00% Exchangeable Senior Notes due 2030 (the “ Notes ”) pursuant to the purchase agreement among the Partnership, the Company and Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC, as the representatives of the initial purchasers of the Notes, which included the full exercise of the option granted to the initial purchasers to purchase an additional $150,000,000 aggregate principal amount of the Notes.”
Earnings Releases
BXP, Inc. reported the first quarter ended March 31, 2024 results: revenue $839.4 million, net income $79.9 million, EPS $0.51 per diluted share. Guidance lowered.
“Revenue increased 4.5% to $839.4 million for the quarter ended March 31, 2024, compared to $803.2 million for the quarter ended March 31, 2023. • Net income attributable to Boston Properties, Inc. of $79.9 million, or $0.51 per diluted share (EPS), for the quarter ended March 31, 2024, compared to $77.9 million, or $0.50 per diluted share, for the quarter ended March 31, 2023.”
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