Saturday 31 October 2026 Export BA’s income statement to Excel — free account

The Boeing Company

The Boeing Company’s revenue for fiscal 2025 (year ended December 2025) was $89.5 billion, up 34.5% from fiscal 2024. In the quarter to June 2026, revenue grew 7.96%, EPS grew 27.2%, free cash flow grew 417.6% and total debt fell 13.9%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years; insiders bought in the last twelve months.

171.42 1.23 −0.71%

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Market cap: $136.8B
P/E: 64.2×
Fwd P/E: −512×
Dividend yield: —
F-score: 6/9
Altman Z: 1.51
Beneish M: −2.98
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

The Boeing Company (BA) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2018: revenue by segment, and margins
Commercial Airplanes	57,499	56.86%
Defense, Space & Security	26,300	26.01%
Global Services	17,056	16.87%
Boeing Capital Corporation	274	0.27%
Gross margin		19.49%
Operating margin		11.85%
Pre-tax margin		11.47%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Product	75,356 84.23%	53,227 80.02%	65,581 84.30%	55,893 83.91%	51,386 82.50%	47,142 81.06%	66,094 86.33%	90,229 89.22%	83,740 89.08%	83,198 88.99%
Service	14,107 15.77%	13,290 19.98%	12,213 15.70%	10,715 16.09%	10,900 17.50%	11,016 18.94%	10,465 13.67%	10,898 10.78%	10,265 10.92%	10,298 11.01%
Revenue	89,463	66,517	77,794	66,608	62,286	58,158	76,559	101,127	94,005	93,496

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Product	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Service	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Commercial Airplanes	41,494 46.38%	22,861 34.37%	33,901 43.58%	26,026 39.07%	19,714 31.65%	16,162 27.79%	32,255 42.13%	57,499 56.86%	54,612 58.09%	59,378 63.51%	59,399 61.80%	59,990 66.10%	52,981 61.16%	49,127 60.13%	36,171 52.62%	31,834 49.50%	34,051 49.87%
Defense, Space & Security	27,234 30.44%	23,918 35.96%	24,933 32.05%	23,162 34.77%	26,540 42.61%	26,257 45.15%	26,095 34.08%	26,300 26.01%	23,938 25.46%	20,180 21.58%	23,708 24.67%	30,881 34.02%	33,197 38.32%	32,607 39.91%	31,976 46.52%	31,943 49.67%	33,661 49.30%
Global Services	20,923 23.39%	19,954 30.00%	19,127 24.59%	17,611 26.44%	16,328 26.21%	15,543 26.73%	18,468 24.12%	17,056 16.87%	14,611 15.54%	13,819 14.78%	13,293 13.83%	—	—	—	—	—	—
Boeing Capital Corporation	—	—	—	—	—	261 0.45%	244 0.32%	274 0.27%	307 0.33%	298 0.32%	413 0.43%	416 0.46%	408 0.47%	468 0.57%	547 0.80%	639 0.99%	660 0.97%
Other	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	138 0.21%	165 0.24%
Unallocated Amount to Segment [Member] (Deprecated 2013-01-31)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	(248) (0.39%)	(256) (0.37%)
Other, not broken out	—	—	—	—	—	—	—	—	537 0.57%	—	—	—	—	—	—	—	—
Eliminations	—	—	—	—	—	—	(503) (0.66%)	—	—	—	(699) (0.73%)	(525) (0.58%)	—	(504) (0.62%)	—	—	—
Revenue	89,463	66,517	77,794	66,608	62,286	58,158	76,559	101,127	94,005	93,496	96,114	90,762	86,623	81,698	68,735	64,306	68,281

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Global Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Defense, Space & Security	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial Airplanes	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Boeing Capital Corporation	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Unallocated Amount to Segment [Member] (Deprecated 2013-01-31)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2023	FY2022	FY2021	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
United States	48,083 53.75%	45,380 58.33%	39,218 58.88%	39,076 62.74%	44,676 44.18%	43,706 46.49%	40,307 43.11%	39,287 40.88%	37,842 41.69%	37,592 43.40%	37,202 45.54%	34,391 50.03%
Asia	16,466 18.41%	10,013 12.87%	8,393 12.60%	5,845 9.38%	—	—	—	—	—	—	—	—
Europe	11,419 12.76%	10,520 13.52%	7,916 11.88%	8,967 14.40%	12,976 12.83%	11,240 11.96%	13,018 13.92%	12,248 12.74%	11,898 13.11%	10,622 12.26%	10,269 12.57%	9,850 14.33%
Middle East	7,023 7.85%	6,594 8.48%	5,047 7.58%	4,653 7.47%	9,745 9.64%	11,433 12.16%	12,251 13.10%	10,846 11.28%	9,243 10.18%	9,165 10.58%	10,285 12.59%	5,477 7.97%
Canada	1,781 1.99%	1,256 1.61%	1,612 2.42%	969 1.56%	2,583 2.55%	2,212 2.35%	2,084 2.23%	1,870 1.95%	1,901 2.09%	1,486 1.72%	586 0.72%	618 0.90%
Africa	1,625 1.82%	825 1.06%	418 0.63%	239 0.38%	1,486 1.47%	815 0.87%	1,990 2.13%	1,398 1.45%	2,596 2.86%	621 0.72%	1,282 1.57%	1,759 2.56%
Oceania	1,587 1.77%	1,655 2.13%	1,576 2.37%	1,147 1.84%	2,298 2.27%	1,931 2.05%	1,693 1.81%	2,601 2.71%	1,757 1.94%	1,657 1.91%	2,043 2.50%	3,067 4.46%
Latin America, Caribbean and other	1,479 1.65%	1,524 1.96%	2,412 3.62%	1,376 2.21%	1,458 1.44%	1,541 1.64%	1,972 2.11%	1,875 1.95%	2,596 2.86%	2,725 3.15%	3,555 4.35%	1,356 1.97%
China	—	—	—	—	13,764 13.61%	11,932 12.69%	10,289 11.00%	12,556 13.06%	11,029 12.15%	10,555 12.18%	6,086 7.45%	4,779 6.95%
Asia Other Than China	—	—	—	—	12,141 12.01%	9,195 9.78%	9,892 10.58%	13,433 13.98%	11,900 13.11%	12,200 14.08%	10,390 12.72%	7,438 10.82%
Total non-U.S. revenues	41,380	32,387	27,374	23,196	56,451	50,299	53,189	56,827	52,920	49,031	44,496	34,344
Revenue	89,463	77,794	66,608	62,286	101,127	94,005	93,496	96,114	90,762	86,623	81,698	68,735

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
737 deliveries	Q3 FY2026	124.00	121.00	+2.48%
737 production rate	Q2 FY2026	47.00	38.00	+23.68%
767 deliveries	Q3 FY2026	10.00	6.00	+66.67%
777 deliveries	Q3 FY2026	5.00	9.00	−44.44%
787 deliveries	Q3 FY2026	22.00	24.00	−8.33%
AH-64 Apache (New) deliveries	Q3 FY2026	3.00	8.00	−62.50%
AH-64 Apache (Remanufactured) deliveries	Q3 FY2026	12.00	7.00	+71.43%
CH-47 Chinook (New) deliveries	Q3 FY2026	2.00	—	—
CH-47 Chinook (Renewed) deliveries	Q3 FY2026	1.00	2.00	−50.00%
Commercial Airplanes backlog	Q3 FY2026	$611.8B	$534.6B	+14.44%
Commercial Airplanes backlog airplanes	Q3 FY2026	6.3K	5.9K	+6.78%
Commercial Airplanes deliveries	Q3 FY2026	161.00	160.00	+0.63%
Commercial Airplanes net orders	Q3 FY2026	300.00	161.00	+86.34%
Defense, Space & Security deliveries	Q3 FY2026	33.00	32.00	+3.13%
F-15 Models deliveries	Q3 FY2026	2.00	3.00	−33.33%
F/A-18 Models deliveries	Q3 FY2026	2.00	3.00	−33.33%
KC-46 Tanker deliveries	Q3 FY2026	7.00	4.00	+75.00%
MH-139 deliveries	Q3 FY2026	1.00	1.00	0.00%
P-8 Models deliveries	Q2 FY2026	1.00	—	—
Remaining performance obligations	Q3 FY2026	$745.4B	$635.7B	+17.26%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019	Q3 FY2019	Q2 FY2019	Q1 FY2019	Q4 FY2018	Q3 FY2018	Q2 FY2018	Q1 FY2018
737 deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
737 production rate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
767 deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
777 deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
787 deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
AH-64 Apache (New) deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
AH-64 Apache (Remanufactured) deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
CH-47 Chinook (New) deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
CH-47 Chinook (Renewed) deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial Airplanes backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial Airplanes backlog airplanes	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial Airplanes deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial Airplanes net orders	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Defense, Space & Security deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
F-15 Models deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
F/A-18 Models deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
KC-46 Tanker deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
MH-139 deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
P-8 Models deliveries	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.