BoeingBAEarnings & Financial Report
The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded in 1916 by William E.
Revenue
$19.5B
Gross Profit
$2.4B
Operating Profit
$461.0M
Net Profit
$-37.0M
Gross Margin
12.4%
Operating Margin
2.4%
Net Margin
-0.2%
YoY Growth
17.7%
EPS
$-0.16
Boeing Q1 FY2025 Financial Summary
Boeing reported revenue of $19.5B (up 17.7% YoY) for Q1 FY2025, with a net profit of $-37.0M (up 89.2% YoY) (-0.2% margin). Cost of goods sold was $17.1B, operating expenses totaled $2.0B.
Key Financial Metrics
| Total Revenue | $19.5B |
|---|---|
| Net Profit | $-37.0M |
| Gross Margin | 12.4% |
| Operating Margin | 2.4% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
Boeing Q1 FY2025 revenue of $19.5B breaks down across 5 segments, led by Boeing Defense Space Security Segment at $6.3B (32.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Boeing Defense Space Security Segment | $6.3B | 32.3% |
| Global Services | $5.1B | 26.0% |
| Services | $3.3B | 17.2% |
| Commercial Customers | $3.0B | 15.2% |
| Government Customers | $2.0B | 10.2% |
Boeing Revenue by Segment — Quarterly Trend
Boeing revenue by segment across the last 4 reported quarters, showing how each business line (such as Boeing Defense Space Security Segment and Global Services) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Boeing Defense Space Security Segment | — | — | $6.9B | — |
| Global Services | $5.4B | — | — | $5.3B |
| Services | — | $3.5B | — | $3.6B |
| Commercial Customers | — | — | $3.1B | $3.0B |
| Government Customers | — | — | $2.2B | — |
Boeing Annual Revenue by Year
Boeing annual revenue history includes year-by-year totals (for example, 2025 revenue was $89.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $89.5B |
| 2024 | $66.5B |
| 2023 | $77.8B |
| 2022 | $66.6B |
Boeing Quarterly Revenue & Net Profit History
Boeing results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $22.2B | +14.0% | $-7.0M | -0.0% |
| Q4 FY2025 | $23.9B | +57.1% | $8.2B | 34.3% |
| Q3 FY2025 | $23.3B | +30.4% | $-5.3B | -22.9% |
| Q2 FY2025 | $22.7B | +34.9% | $-611.0M | -2.7% |
| Q1 FY2025 | $19.5B | +17.7% | $-37.0M | -0.2% |
| Q4 FY2024 | $15.2B | -30.8% | $-3.9B | -25.4% |
| Q3 FY2024 | $17.8B | -1.5% | $-6.2B | -34.6% |
| Q2 FY2024 | $16.9B | -14.6% | $-1.4B | -8.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.87B | $17.84B | $15.24B | $19.50B | $22.75B | $23.27B | $23.95B | $22.22B |
| YoY Growth | -14.6% | -1.5% | -30.8% | 17.7% | 34.9% | 30.4% | 57.1% | 14.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $142.72B | $137.69B | $156.36B | $156.49B | $155.12B | $150.02B | $168.24B | $164.79B |
| Liabilities | $160.70B | $161.26B | $160.28B | $159.82B | $158.42B | $158.28B | $162.78B | $158.80B |
| Equity | $-17.98B | $-23.55B | $-3.91B | $-3.33B | $-3.29B | $-8.25B | $5.45B | $5.99B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-3.92B | $-1.34B | $-3.45B | $-1.62B | $227.0M | $1.12B | $1.33B |