Earnings Releases·Oct 27, 2026, 4:10 PM ET

BXP, Inc. — Q3 2026 Earnings Summary

**Financial Performance:** Net income rose to $114.482 million (vs. $68.564 million Q2), with diluted EPS increasing to $0.71 (vs. $0.43 Q2) and diluted FFO per share reaching $1.89 (vs. $1.78 Q2); Same Property NOI grew 3.4% year-over-year.
**Guidance:** Full-year 2026 diluted EPS is projected between $2.35 and $2.37, and diluted FFO per share between $7.06 and $7.08, assuming portfolio occupancy of 88.75%–89.25%.
**Capital Returns & Strategy:** The FAD payout ratio improved to 76.11% (from 87.54% in Q2), while the company executed multiple acquisitions and dispositions in 2026 and maintained a dividend of $0.70 per share.
**Balance Sheet & Operations:** Consolidated debt increased to $16.591 billion, though the Net Debt to EBITDAre ratio improved to 7.52x (from 7.94x Q2); in-service occupancy rose to 89.4% and cash equivalents grew to $1.472 billion.