$BXP 8-K earnings — Q2 FY26

BXP reported Q2 2026 FFO of $1.62 per share, beating consensus of $1.57 by $0.05 (3.2%). Revenue came in at $835M, slightly above expectations, driven by strong leasing volume and rent growth in gateway markets. The key nuance: the beat was largely operating-driven, with same-store NOI up 4.1% year-over-year, while higher interest expense remains a headwind. Guidance was reaffirmed, signaling management’s confidence in sustained demand for premier office space despite macro uncertainty.

BXP reported Q2 2026 FFO of $1.62 per share, beating consensus of $1.57 by $0.05 (3.2%). Revenue came in at $835M, slightly above expectations, driven by strong leasing volume and rent growth in gateway markets. The key nuance: the beat was largely operating-driven, with same-store NOI up 4.1% year-over-year, while higher interest expense remains a headwind. Guidance was reaffirmed, signaling management’s confidence in sustained demand for premier office space despite macro uncertainty.