|
Q2 FY2026
As of Jun 30, 2026
|
Q1 FY2026
As of Mar 31, 2026
|
Q4 FY2025
As of Dec 31, 2025
|
Q3 FY2025
As of Sep 30, 2025
|
Q2 FY2025
As of Jun 30, 2025
|
Q1 FY2025
As of Mar 31, 2025
|
Q4 FY2024
As of Dec 31, 2024
|
Q3 FY2024
As of Sep 30, 2024
|
Q2 FY2024
As of Jun 30, 2024
|
Q1 FY2024
As of Mar 31, 2024
|
Q4 FY2023
As of Dec 31, 2023
|
Q3 FY2023
As of Sep 30, 2023
|
Q2 FY2023
As of Jun 30, 2023
|
Q1 FY2023
As of Mar 31, 2023
|
Q4 FY2022
As of Dec 31, 2022
|
Q3 FY2022
As of Sep 30, 2022
|
Q2 FY2022
As of Jun 30, 2022
|
Q1 FY2022
As of Mar 31, 2022
|
Q4 FY2021
As of Dec 31, 2021
|
Q3 FY2021
As of Sep 30, 2021
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||||||||||
| Real estate, at cost (amounts related to variable interest entities (“VIEs”) of $8,169,231 and $8,005,124 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total real estate, at cost (amounts related to variable interest entities (“VIEs”) of $8,169,231 and $8,005,124 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Right of use assets - finance leases (amounts related to VIEs of $21,000 and $21,000 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total right of use assets - finance leases (amounts related to VIEs of $21,000 and $21,000 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Right of use assets - operating leases | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total right of use assets - operating leases | ||||||||||||||||||||
| Less: accumulated depreciation (amounts related to VIEs of $(1,836,395) and $(1,763,988) at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total less: accumulated depreciation (amounts related to VIEs of $(1,836,395) and $(1,763,988) at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Real estate | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total real estate | ||||||||||||||||||||
| Cash and cash equivalents (amounts related to VIEs of $286,535 and $255,631 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total cash and cash equivalents (amounts related to VIEs of $286,535 and $255,631 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Cash held in escrows (amounts related to VIEs of $5,218 and $10,319 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total cash held in escrows (amounts related to VIEs of $5,218 and $10,319 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Investments in securities | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total investments in securities | ||||||||||||||||||||
| Tenant and other receivables, net (amounts related to VIEs of $34,292 and $30,989 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total tenant and other receivables, net (amounts related to VIEs of $34,292 and $30,989 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Note receivable, net | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total note receivable, net | ||||||||||||||||||||
| Related party note receivable, net | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Nonrelated Party | ||||||||||||||||||||
| Related Party | ||||||||||||||||||||
| Total related party note receivable, net | ||||||||||||||||||||
| Sales-type lease receivable, net | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total sales-type lease receivable, net | ||||||||||||||||||||
| Accrued rental income, net (amounts related to VIEs of $479,569 and $470,734 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total accrued rental income, net (amounts related to VIEs of $479,569 and $470,734 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Deferred charges, net (amounts related to VIEs of $199,438 and $204,924 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total deferred charges, net (amounts related to VIEs of $199,438 and $204,924 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Prepaid expenses and other assets (amounts related to VIEs of $11,990 and $14,509 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total prepaid expenses and other assets (amounts related to VIEs of $11,990 and $14,509 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Investments in unconsolidated joint ventures | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total investments in unconsolidated joint ventures | ||||||||||||||||||||
| Assets held for sale | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total assets held for sale | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total assets | ||||||||||||||||||||
| LIABILITIES AND EQUITY | ||||||||||||||||||||
| Liabilities: | ||||||||||||||||||||
| Mortgage notes payable, net (amounts related to VIEs of $3,289,291 and $3,286,870 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total mortgage notes payable, net (amounts related to VIEs of $3,289,291 and $3,286,870 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Unsecured senior notes, net | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total unsecured senior notes, net | ||||||||||||||||||||
| Unsecured exchangeable senior notes, net | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total unsecured exchangeable senior notes, net | ||||||||||||||||||||
| Unsecured line of credit | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total unsecured line of credit | ||||||||||||||||||||
| Unsecured term loans, net | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total unsecured term loans, net | ||||||||||||||||||||
| Unsecured commercial paper | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total unsecured commercial paper | ||||||||||||||||||||
| Lease liabilities - finance leases (amounts related to VIEs of $21,164 and $21,074 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total lease liabilities - finance leases (amounts related to VIEs of $21,164 and $21,074 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Lease liabilities - operating leases | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total lease liabilities - operating leases | ||||||||||||||||||||
| Accounts payable and accrued expenses (amounts related to VIEs of $77,945 and $88,849 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Related Party | ||||||||||||||||||||
| Total accounts payable and accrued expenses (amounts related to VIEs of $77,945 and $88,849 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Dividends and distributions payable | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total dividends and distributions payable | ||||||||||||||||||||
| Accrued interest payable | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total accrued interest payable | ||||||||||||||||||||
| Other liabilities (amounts related to VIEs of $114,331 and $95,209 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Variable Interest Entity, Primary Beneficiary | ||||||||||||||||||||
| Total other liabilities (amounts related to VIEs of $114,331 and $95,209 at June 30, 2026 and December 31, 2025, respectively) | ||||||||||||||||||||
| Liabilities held for sale | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total liabilities held for sale | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total liabilities | ||||||||||||||||||||
| Redeemable deferred stock units— 119,549 and 111,701 units outstanding at redemption value at June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total redeemable deferred stock units— 119,549 and 111,701 units outstanding at redemption value at June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Excess stock, shares outstanding | ||||||||||||||||||||
| Excess stock, shares issued | ||||||||||||||||||||
| Preferred stock / units, shares / units issued (in shares / units) | ||||||||||||||||||||
| Preferred stock, par value | ||||||||||||||||||||
| NonControlling Interest Redeemable Partnership Units Common Units Shares Outstanding | ||||||||||||||||||||
| NonControlling Interest Redeemable Partnership Units Common Units Long Term Incentive Units At Redemption Value Shares Outstanding | ||||||||||||||||||||
| Preferred stock / units, shares / units outstanding (in shares / units) | ||||||||||||||||||||
| Noncontrolling interest: | ||||||||||||||||||||
| Redeemable partnership units— 14,867,831 and 15,590,009 common units and 3,102,888 and 2,662,140 long term incentive units outstanding at redemption value at June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Equity / Capital: | ||||||||||||||||||||
| Excess stock, $0.01 par value, 150,000,000 shares authorized, none issued or outstanding | ||||||||||||||||||||
| Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued or outstanding | ||||||||||||||||||||
| Total preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued or outstanding | ||||||||||||||||||||
| Boston Properties Limited Partnership partners’ capital— 1,774,922 and 1,768,004 general partner units and 157,746,588 and 156,780,294 limited partner units outstanding at June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Common stock, $0.01 par value, 250,000,000 shares authorized, 159,600,410 and 158,627,198 issued and 159,521,510 and 158,548,298 outstanding at June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||||
| Additional paid-in capital | ||||||||||||||||||||
| Dividends in excess of earnings | ||||||||||||||||||||
| Treasury common stock at cost, shares | ||||||||||||||||||||
| Treasury common stock at cost, 78,900 shares at June 30, 2026 and December 31, 2025 | ||||||||||||||||||||
| Accumulated other comprehensive income (loss) | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total accumulated other comprehensive income (loss) | ||||||||||||||||||||
| Total stockholders' equity attributable to BXP, Inc. | ||||||||||||||||||||
| Total partners’ capital | ||||||||||||||||||||
| Noncontrolling interests in property partnerships | ||||||||||||||||||||
| Noncontrolling interests: | ||||||||||||||||||||
| Common units of the Operating Partnership | ||||||||||||||||||||
| Property partnerships | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total equity / capital | ||||||||||||||||||||
| Liabilities and equity / capital | ||||||||||||||||||||
| Boston Properties Limited Partnership | ||||||||||||||||||||
| Total liabilities and equity / capital | ||||||||||||||||||||
| Preferred stock, shares authorized | ||||||||||||||||||||
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