BXP

Q2 FY2026 EarningsQ2 FY26 results exceeded consensus expectations across all key metrics, with revenue of $895.7M beating the $871.4M estimate and GAAP EPS of $0.43 surpassing the $0.38 mean forecast. Strong leasing momentum was the primary driver, as the company executed 1.8M square feet of leases—129% of its 10-year historical average—contributing to a 100 bps QoQ increase in total in-service occupancy to 88.4%. Despite an $18.0M non-cash impairment related to the Sumner Square disposition, NOI margins outperformed by 1.52pct, reflecting resilient operations in premier CBD workplaces.