The Boeing Company (BA) quarterly income statement — complete revenue, gross profit & net income history
The Boeing Company (BA) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 24.56B | 22.22B | 23.95B | 23.27B | 22.75B | 19.5B | 15.24B | 17.84B | 16.87B | 16.57B | 22.02B | 18.1B | 19.75B | 17.92B | 19.98B | 15.96B | 16.68B | 13.99B | 14.79B | 15.28B |
| Revenue Growth % | 7.96% | 13.96% | 57.12% | 30.44% | 34.88% | 17.67% | -30.77% | -1.46% | -14.61% | -7.54% | 10.2% | 13.46% | 18.4% | 28.09% | 35.06% | 4.44% | -1.86% | -8.06% | -3.34% | 8.06% |
| Cost of Goods Sold | 22.15B | 19.67B | 22.14B | 25.64B | 20.31B | 17.08B | 16.83B | 21.35B | 15.64B | 14.69B | 19.32B | 16.94B | 17.81B | 16B | 18.12B | 16.77B | 14.55B | 13.64B | 17.31B | 13.57B |
| COGS % of Revenue | 90.17% | 88.54% | 92.43% | 110.21% | 89.3% | 87.6% | 110.43% | 119.66% | 92.71% | 88.68% | 87.75% | 93.56% | 90.18% | 89.27% | 90.71% | 105.11% | 87.24% | 97.48% | 116.99% | 88.79% |
| Gross Profit | 2.41B | 2.55B | 1.81B | -2.38B | 2.44B | 2.42B | -1.59B | -3.51B | 1.23B | 1.88B | 2.7B | 1.17B | 1.94B | 1.92B | 1.86B | -815M | 2.13B | 353M | -2.51B | 1.71B |
| Gross Margin % | 9.83% | 11.46% | 7.57% | -10.21% | 10.7% | 12.4% | -10.43% | -19.66% | 7.29% | 11.32% | 12.25% | 6.44% | 9.82% | 10.73% | 9.29% | -5.11% | 12.76% | 2.52% | -16.99% | 11.21% |
| Gross Profit Growth % | -0.86% | 5.34% | 214.03% | 32.28% | 98.13% | 28.84% | -158.92% | -401.03% | -36.62% | -2.44% | 45.31% | 242.94% | -8.88% | 444.76% | 173.83% | -147.61% | -11.7% | -74.95% | 55.8% | 65.57% |
| Operating Expenses | 2.34B | 2.1B | 2.63B | 2.42B | 2.7B | 1.96B | 2.23B | 2.25B | 2.32B | 1.96B | 2.41B | 1.97B | 2.04B | 2.07B | 2.21B | 1.98B | 1.35B | 1.51B | 1.66B | 1.38B |
| OpEx % of Revenue | 9.51% | 9.44% | 10.97% | 10.4% | 11.88% | 10.03% | 14.66% | 12.63% | 13.75% | 11.84% | 10.96% | 10.9% | 10.32% | 11.56% | 11.06% | 12.39% | 8.08% | 10.83% | 11.2% | 9.05% |
| Selling, General & Admin | 1.43B | 1.2B | 1.66B | 1.52B | 1.79B | 1.11B | 1.4B | 1.08B | 1.38B | 1.16B | 1.53B | 1.04B | 1.29B | 1.3B | 1.43B | 1.23B | 668M | 863M | 988M | 1.1B |
| SG&A % of Revenue | 5.81% | 5.39% | 6.94% | 6.54% | 7.88% | 5.7% | 9.17% | 6.08% | 8.16% | 7.01% | 6.97% | 5.76% | 6.51% | 7.28% | 7.16% | 7.68% | 4% | 6.17% | 6.68% | 7.18% |
| Research & Development | 921M | 903M | 964M | 897M | 910M | 844M | 836M | 1.15B | 954M | 868M | 881M | 958M | 797M | 741M | 794M | 727M | 698M | 633M | 678M | 575M |
| R&D % of Revenue | 3.75% | 4.06% | 4.03% | 3.85% | 4% | 4.33% | 5.48% | 6.47% | 5.66% | 5.24% | 4% | 5.29% | 4.04% | 4.13% | 3.97% | 4.56% | 4.18% | 4.52% | 4.58% | 3.76% |
| Other Operating Expenses | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K |
| Operating Income | 78M | 448M | -815M | -4.79B | -268M | 461M | -3.82B | -5.76B | -1.09B | -86M | 283M | -808M | -99M | -149M | -353M | -2.79B | 780M | -1.16B | -4.17B | 329M |
| Operating Margin % | 0.32% | 2.02% | -3.4% | -20.6% | -1.18% | 2.36% | -25.08% | -32.29% | -6.46% | -0.52% | 1.29% | -4.46% | -0.5% | -0.83% | -1.77% | -17.5% | 4.68% | -8.31% | -28.2% | 2.15% |
| Operating Income Growth % | 129.1% | -2.82% | 78.68% | 16.79% | 75.41% | 636.05% | -1450.88% | -613% | -1001.01% | 42.28% | 180.17% | 71.06% | -112.69% | 87.18% | 91.54% | -948.63% | -23.75% | -1300% | 48.18% | 182.04% |
| EBITDA | 235M | 1.02B | -279M | -4.3B | 192M | 927M | -3.31B | -5.32B | -649M | 356M | 764M | -341M | 357M | 308M | 149M | -2.3B | 1.28B | -676M | -3.64B | 852M |
| EBITDA Margin % | 0.96% | 4.6% | -1.17% | -18.49% | 0.84% | 4.75% | -21.74% | -29.8% | -3.85% | 2.15% | 3.47% | -1.88% | 1.81% | 1.72% | 0.75% | -14.41% | 7.66% | -4.83% | -24.59% | 5.58% |
| EBITDA Growth % | 22.4% | 10.14% | 91.58% | 19.07% | 129.58% | 160.39% | -533.77% | -1459.24% | -281.79% | 15.58% | 412.75% | 85.17% | -72.07% | 145.56% | 104.1% | -369.84% | -18.81% | -249.23% | 51.32% | 419.51% |
| D&A (Non-Cash Add-back) | 0 | 573M | 536M | 491M | 460M | 466M | 509M | 444M | 441M | 442M | 481M | 467M | 456M | 457M | 502M | 493M | 498M | 486M | 534M | 523M |
| EBIT | 235M | 642M | 8.98B | -4.5B | 149M | 784M | -3.34B | -5.5B | -842M | 191M | 591M | -511M | 221M | 153M | -17M | -2.5B | 1.03B | -981M | -4.04B | 359M |
| Net Interest Income | -600M | -616M | -659M | -694M | -710M | -708M | -755M | -728M | -673M | -569M | -600M | -589M | -621M | -649M | -632M | -621M | -650M | -630M | -661M | -669M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 600M | 616M | 659M | 694M | 710M | 708M | 755M | 728M | 673M | 569M | 600M | 589M | 621M | 649M | 632M | 621M | 650M | 630M | 661M | 669M |
| Other Income/Expense | -443M | -422M | 9.13B | -405M | -293M | -385M | -270M | -463M | -425M | -292M | -292M | -292M | -301M | -347M | -296M | -340M | -403M | -456M | -529M | -639M |
| Pretax Income | -365M | 26M | 8.32B | -5.2B | -561M | 76M | -4.09B | -6.22B | -1.51B | -378M | -9M | -1.1B | -400M | -496M | -649M | -3.13B | 377M | -1.62B | -4.7B | -310M |
| Pretax Margin % | -1.49% | 0.12% | 34.74% | -22.34% | -2.47% | 0.39% | -26.85% | -34.89% | -8.98% | -2.28% | -0.04% | -6.08% | -2.03% | -2.77% | -3.25% | -19.63% | 2.26% | -11.56% | -31.77% | -2.03% |
| Income Tax | -63M | 33M | 99M | 140M | 51M | 107M | -232M | -50M | -76M | -23M | 21M | 538M | -251M | -71M | 14M | 176M | 217M | -376M | -536M | -178M |
| Effective Tax Rate % | 17.26% | 126.92% | 1.19% | -2.69% | -9.09% | 140.79% | 5.67% | 0.8% | 5.02% | 6.08% | -233.33% | -48.91% | 62.75% | 14.31% | -2.16% | -5.62% | 57.56% | 23.24% | 11.4% | 57.42% |
| Net Income | -444M | -4M | 8.22B | -5.34B | -611M | -37M | -3.87B | -6.17B | -1.44B | -343M | -23M | -1.64B | -149M | -414M | -545M | -3.27B | 193M | -1.22B | -4.16B | -132M |
| Net Margin % | -1.81% | -0.02% | 34.32% | -22.94% | -2.69% | -0.19% | -25.36% | -34.59% | -8.53% | -2.07% | -0.1% | -9.04% | -0.75% | -2.31% | -2.73% | -20.53% | 1.16% | -8.71% | -28.15% | -0.86% |
| Net Income Growth % | 27.33% | 89.19% | 312.68% | 13.5% | 57.54% | 89.21% | -16704.35% | -277.14% | -865.77% | 17.15% | 95.78% | 50.05% | -177.2% | 66.04% | 86.91% | -2381.06% | -65.96% | -117.29% | 50.66% | 71.67% |
| Net Income (Continuing) | -302M | -7M | 8.22B | -5.34B | -612M | -31M | -3.86B | -6.17B | -1.44B | -355M | -30M | -1.64B | -149M | -425M | -663M | -3.31B | 160M | -1.24B | -4.16B | -132M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 15M | 0 | 3M | -3M | -1M | 0 | -6M | -10M | -6M | -7M | 5M | 12M | 24M | 24M | 35M | 64M | 97M | 130M | 153M | 174M |
| EPS (Diluted) | -0.67 | -0.11 | 10.23 | -7.14 | -0.92 | -0.16 | -5.45 | -9.97 | -2.33 | -0.56 | -0.04 | -2.69 | -0.25 | -0.69 | -0.91 | -5.55 | 0.32 | -2.06 | -7.02 | -0.19 |
| EPS Growth % | 27.17% | 31.25% | 287.71% | 28.39% | 60.51% | 71.43% | -14356.23% | -270.63% | -832% | 18.84% | 95.86% | 51.53% | -178.13% | 66.5% | 87.04% | -2821.05% | -68% | -123.91% | 52.08% | 75.95% |
| EPS (Basic) | -0.67 | -0.11 | 10.59 | -7.14 | -0.92 | -0.16 | -5.45 | -9.97 | -2.33 | -0.56 | -0.04 | -2.70 | -0.25 | -0.69 | -0.91 | -5.55 | 0.32 | -2.06 | -7.02 | -0.19 |
| Diluted Shares Outstanding | 791.04M | 818M | 795.11M | 756.7M | 756.6M | 753.4M | 718.1M | 618.86M | 616.3M | 612.9M | 609.5M | 607.2M | 605.5M | 602.5M | 598.9M | 596.3M | 596.1M | 591.4M | 590.3M | 588.6M |
| Basic Shares Outstanding | 791.04M | 818M | 768.08M | 756.7M | 756.6M | 753.4M | 718.1M | 618.86M | 616.3M | 612.9M | 575M | 605.93M | 605.5M | 600M | 598.11M | 596.3M | 596.1M | 591.4M | 590.17M | 588.6M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |