BXP swings to $248.5 million Q4 net income, or $1.56 a share, from Q3 loss
BXP reported fourth-quarter and full-year 2025 results on January 27, 2026. Net income attributable to BXP was $248.5 million, or $1.56 per diluted share, compared with a loss of $121.7 million in the third quarter, and diluted FFO per share rose to $1.76 from $1.74. The company also issued 2026 guidance of $2.08 to $2.29 in diluted EPS and $6.88 to $7.04 in diluted FFO per share, though funds available for distribution fell to $134.5 million from $201.8 million.
Key points
- Q4 2025 net income attributable to BXP was $248.5 million, or $1.56 per diluted share, versus a loss of $121.7 million, or $0.77 per share, in Q3 2025.
- Q4 2025 revenue was $877.1 million, up from $871.5 million, and diluted FFO per share was $1.76, up from $1.74.
- Full-year 2026 guidance: diluted EPS of $2.08 to $2.29 and diluted FFO per share of $6.88 to $7.04.
- Funds available for distribution fell to $134.5 million from $201.8 million, and the FAD payout ratio rose to 92.09% from 61.37%.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 27, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.