How BXP makes money

Period

FY2025

How does BXP make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

BXP, Inc. · FY2025 · year ended 2025-12-31

Revenue$3.5BGross profit$2.1B · 59%Cost of revenue$1.4B · 41%Operating income$1.9B · 54%Operating expenses$169M · 5%SG&A$169M · 5%Pre-tax income$277M · 8%Other expense$1.6B · 46%Net income$277M · 8%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.

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