BXP posts Q1 2025 EPS of $0.39 and FFO of $1.64 per share, down from $1.79
BXP, Inc. reported first-quarter 2025 net income attributable to BXP of $61.2 million, or $0.39 per diluted share, compared with a loss of $230.0 million in the fourth quarter of 2024, which included about $341.3 million of impairment charges on unconsolidated joint ventures. Diluted FFO per share fell to $1.64 from $1.79, and the company also issued guidance for the second quarter and full year 2025, with full-year diluted EPS projected at $1.60 to $1.72 and FFO per share at $6.80 to $6.92.
Key points
- Q1 2025 revenue was $865.2 million, up from $858.6 million in Q4 2024.
- Net income attributable to BXP was $61.2 million ($0.39 per diluted share), versus a loss of $230.0 million ($1.45 per share) in Q4 2024.
- Diluted FFO per share was $1.64, down from $1.79 in Q4 2024; in-service occupancy was 86.9%, versus 87.5%.
- Guidance: Q2 2025 diluted EPS of $0.38 to $0.40 and FFO of $1.65 to $1.67 per share; full-year 2025 EPS of $1.60 to $1.72 and FFO of $6.80 to $6.92 per share.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing 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 April 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.