BXP, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.48B | $3.41B | $3.27B | $3.11B | $2.89B | $2.77B | $2.96B | $2.72B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $2.06B | $2.04B | $2.00B | $1.93B | $1.81B | $1.69B | $1.83B | $1.65B |
| Gross Margin | 59.1% | 59.9% | 61.1% | 62.1% | 62.8% | 61.3% | 61.7% | 60.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $168.8M | $160.0M | $170.2M | $146.4M | $151.6M | $133.1M | $140.8M | $121.7M |
| Operating Income | $1.01B | $1.02B | $1.03B | $1.06B | $968.0M | $905.3M | $1.05B | $925.5M |
| Operating Margin | 29.1% | 29.9% | 31.6% | 34.1% | 33.5% | 32.7% | 35.3% | 34.1% |
| Interest Expense | $653.1M | $645.1M | $579.6M | $437.1M | $423.3M | $431.7M | $412.7M | $378.2M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $276.8M | $14.3M | $190.2M | $848.9M | $505.2M | $872.7M | $521.5M | $582.8M |
| Net Margin | 7.9% | 0.4% | 5.8% | 27.3% | 17.5% | 31.6% | 17.6% | 21.5% |
| EPS (Basic) | $1.75 | $0.09 | $1.21 | $5.42 | $3.18 | $5.55 | $3.31 | $3.71 |
| EPS (Diluted) | $1.74 | $0.09 | $1.21 | $5.40 | $3.17 | $5.54 | $3.30 | $3.70 |
| Shares Outstanding (Basic) | 158.3M | 157.5M | 156.9M | 156.7M | 156.1M | 155.4M | 154.6M | 154.4M |
| Shares Outstanding (Diluted) | 158.9M | 157.8M | 157.2M | 157.1M | 156.4M | 155.5M | 154.9M | 154.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |