BXP Q2 2026: Revenue up 3.1%, FFO beats, GAAP EPS slips to $0.43
BXP's second quarter was a split decision: revenue rose 3.1% to $895.7 million, FFO per share beat guidance and occupancy improved, yet GAAP net income fell to $68.6 million and EPS of $0.43 came in below last year. Read FFO and occupancy for the operating story, and the impairment charge to explain the profit slip.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $0.43 beat the $0.4069 consensus estimate but fell from $0.56 a year ago. The decline was not operating weakness: a $0.10 per share non-cash impairment tied to the planned Sumner Square disposition dragged the number down. FFO per diluted share, the REIT measure, rose to $1.78 from $1.71 and beat the guidance midpoint by $0.08.
Revenue was $895.7 million, up 3.1% from $868.5 million a year earlier and up 2.7% from the $872.1 million booked in the prior quarter. The gain was led by lease revenue of $831.7 million, which is almost the entire top line. Management tied the increase to higher occupancy and to 1.8 million square feet of leases signed during the quarter.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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