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Side-by-side financial comparison of Boeing (BA) and XP Inc. (XP). Click either name above to swap in a different company.

Boeing is the larger business by last-quarter revenue ($22.2B vs $13.5B, roughly 1.7× XP Inc.). XP Inc. runs the higher net margin — 0.0% vs -0.0%, a 0.0% gap on every dollar of revenue.

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.

XP Inc. is a Brazilian investment management company. The company offers fixed income, equities, investment funds, and private pension products, as well as offers wealth management and other financial services. XP serves customers in Brazil and has offices in São Paulo, Rio de Janeiro, New York, Miami, London and Geneva.

BA vs XP — Head-to-Head

Bigger by revenue
BA
BA
1.7× larger
BA
$22.2B
$13.5B
XP
Higher net margin
XP
XP
0.0% more per $
XP
0.0%
-0.0%
BA

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
BA
BA
XP
XP
Revenue
$22.2B
$13.5B
Net Profit
$-7.0M
$22.0K
Gross Margin
Operating Margin
2.0%
1.1%
Net Margin
-0.0%
0.0%
Revenue YoY
14.0%
Net Profit YoY
77.4%
EPS (diluted)
$-0.11
$536884.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BA
BA
XP
XP
Q1 26
$22.2B
Q4 25
$23.9B
Q3 25
$23.3B
$13.5B
Q2 25
$22.7B
$8.8B
Q1 25
$19.5B
$4.3B
Q4 24
$15.2B
Q3 24
$17.8B
$12.6B
Q2 24
$16.9B
$8.3B
Net Profit
BA
BA
XP
XP
Q1 26
$-7.0M
Q4 25
$8.2B
Q3 25
$-5.3B
$22.0K
Q2 25
$-611.0M
$22.0K
Q1 25
$-37.0M
$22.0K
Q4 24
$-3.9B
Q3 24
$-6.2B
$21.0K
Q2 24
$-1.4B
$21.0K
Gross Margin
BA
BA
XP
XP
Q1 26
Q4 25
7.6%
Q3 25
-10.2%
Q2 25
10.7%
Q1 25
12.4%
Q4 24
-10.4%
Q3 24
-19.7%
Q2 24
7.3%
Operating Margin
BA
BA
XP
XP
Q1 26
2.0%
Q4 25
36.7%
Q3 25
-20.5%
1.1%
Q2 25
-0.8%
1.0%
Q1 25
2.4%
1.1%
Q4 24
-24.7%
Q3 24
-32.3%
1.0%
Q2 24
-6.5%
0.9%
Net Margin
BA
BA
XP
XP
Q1 26
-0.0%
Q4 25
34.3%
Q3 25
-22.9%
0.0%
Q2 25
-2.7%
0.0%
Q1 25
-0.2%
0.0%
Q4 24
-25.4%
Q3 24
-34.6%
0.0%
Q2 24
-8.5%
0.0%
EPS (diluted)
BA
BA
XP
XP
Q1 26
$-0.11
Q4 25
$10.70
Q3 25
$-7.14
$536884.00
Q2 25
$-0.92
$537811.00
Q1 25
$-0.16
$539533.00
Q4 24
$-5.50
Q3 24
$-9.97
$550958.00
Q2 24
$-2.33
$554030.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BA
BA
XP
XP
Cash + ST InvestmentsLiquidity on hand
$9.4B
Total DebtLower is stronger
$44.4B
Stockholders' EquityBook value
$6.0B
$20.0B
Total Assets
$164.8B
$347.5B
Debt / EquityLower = less leverage
7.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BA
BA
XP
XP
Q1 26
$9.4B
Q4 25
$29.4B
Q3 25
$23.0B
Q2 25
$23.0B
Q1 25
$23.7B
Q4 24
$26.3B
Q3 24
$10.5B
Q2 24
$12.6B
Total Debt
BA
BA
XP
XP
Q1 26
$44.4B
Q4 25
$45.6B
Q3 25
$44.6B
Q2 25
$44.6B
Q1 25
$45.7B
Q4 24
$52.6B
Q3 24
$53.2B
Q2 24
$53.2B
Stockholders' Equity
BA
BA
XP
XP
Q1 26
$6.0B
Q4 25
$5.5B
Q3 25
$-8.3B
$20.0B
Q2 25
$-3.3B
$20.0B
Q1 25
$-3.3B
$20.0B
Q4 24
$-3.9B
Q3 24
$-23.6B
$19.5B
Q2 24
$-18.0B
$19.5B
Total Assets
BA
BA
XP
XP
Q1 26
$164.8B
Q4 25
$168.2B
Q3 25
$150.0B
$347.5B
Q2 25
$155.1B
$347.5B
Q1 25
$156.5B
$347.5B
Q4 24
$156.4B
Q3 24
$137.7B
$249.0B
Q2 24
$142.7B
$249.0B
Debt / Equity
BA
BA
XP
XP
Q1 26
7.41×
Q4 25
8.37×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BA
BA
XP
XP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-1.5B
FCF MarginFCF / Revenue
-6.5%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BA
BA
XP
XP
Q1 26
Q4 25
$1.3B
Q3 25
$1.1B
Q2 25
$227.0M
Q1 25
$-1.6B
Q4 24
$-3.5B
Q3 24
$-1.3B
Q2 24
$-3.9B
Free Cash Flow
BA
BA
XP
XP
Q1 26
$-1.5B
Q4 25
$375.0M
Q3 25
$238.0M
Q2 25
$-200.0M
Q1 25
$-2.3B
Q4 24
$-4.1B
Q3 24
$-2.0B
Q2 24
$-4.3B
FCF Margin
BA
BA
XP
XP
Q1 26
-6.5%
Q4 25
1.6%
Q3 25
1.0%
Q2 25
-0.9%
Q1 25
-11.7%
Q4 24
-26.9%
Q3 24
-11.0%
Q2 24
-25.7%
Capex Intensity
BA
BA
XP
XP
Q1 26
Q4 25
4.0%
Q3 25
3.8%
Q2 25
1.9%
Q1 25
3.5%
Q4 24
4.3%
Q3 24
3.4%
Q2 24
2.4%
Cash Conversion
BA
BA
XP
XP
Q1 26
Q4 25
0.16×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BA
BA

Commercial Airplanes$9.2B41%
Defense, Space & Security$7.6B34%
Global Services$5.4B24%

XP
XP

Segment breakdown not available.

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