Summary
Boeing Co. reported a net loss attributable to shareholders of $5,985 million for the nine months ended September 30, 2025, a notable improvement from the $7,952 million loss in the same period of 2024. Total revenues increased significantly to $65,515 million from $51,275 million year-over-year, driven primarily by higher deliveries in the Commercial Airplanes segment and improved performance in Defense, Space & Security due to lower unfavorable contract adjustments. Despite the revenue growth and reduced net loss, the company continues to face operational challenges. The Commercial Airplanes segment reported a substantial operating loss of $6,447 million, impacted by a significant reach-forward loss on the 777X program. However, the Defense, Space & Security segment swung to a profit of $379 million from a loss of $3,146 million, and Global Services maintained strong profitability with earnings of $2,930 million. The company's liquidity remains adequate with $6.2 billion in cash and $10.0 billion in unused borrowing capacity, though capital expenditures are expected to increase.
Financial Highlights
51 data points| Revenue | $23.27B |
| Cost of Revenue | $25.64B |
| Gross Profit | -$2.38B |
| R&D Expenses | $897.00M |
| Operating Income | -$4.78B |
| Net Income | -$5.34B |
| EPS (Basic) | $-7.14 |
| EPS (Diluted) | $-7.14 |
| Shares Outstanding (Basic) | 759.90M |
| Shares Outstanding (Diluted) | 759.90M |
Key Highlights
- 1Total revenues increased 28% year-over-year to $65.5 billion for the nine months ended September 30, 2025, driven by a strong rebound in Commercial Airplanes deliveries.
- 2Net loss attributable to shareholders improved to $5.98 billion from $7.95 billion in the prior year period, indicating progress in operational efficiency.
- 3The Commercial Airplanes segment recorded a significant operating loss of $6.45 billion, heavily influenced by an incremental reach-forward loss of $4.9 billion on the 777X program.
- 4The Defense, Space & Security segment turned profitable, reporting $379 million in operating earnings compared to a $3.15 billion loss in the prior year, largely due to reduced unfavorable contract adjustments.
- 5Global Services segment demonstrated continued strength, with operating earnings of $2.93 billion, up from $2.62 billion year-over-year.
- 6The company's backlog increased substantially to $635.7 billion from $521.3 billion, primarily driven by new orders in Commercial Airplanes.
- 7Liquidity remains robust with $6.2 billion in cash and cash equivalents and $10.0 billion in available credit facilities as of September 30, 2025.