The Boeing Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	89,463	66,517	77,794	66,608	62,286
Revenue Growth (YoY)	34.50%	-14.50%	16.79%	6.94%	7.10%
Cost of Revenue	85,144	68,252	69,056	61,325	56,882
Gross Profit	4,319	-1,735	8,738	5,283	5,404
Selling, General & Admin	5,895	4,472	4,581	3,248	3,628
Research & Development	3,615	3,812	3,377	2,852	2,249
Operating Expenses	9,510	8,284	7,958	6,100	5,877
Operating Income	-5,191	-10,019	780	-817	-473
Interest Expense	-2,771	-2,725	-2,459	-2,561	-2,714
Interest & Investment Income	25	71	46	-	210
Other Non Operating Income (Expenses)	930	673	640	119	22
EBT Excluding Unusual Items	-7,007	-12,000	-993	-3,259	-2,955
Gain (Loss) on Sale of Investments	-	-	-	-16	-
Gain (Loss) on Sale of Assets	9,672	46	2	6	277
Other Unusual Items	-30	-256	-1,014	-1,753	-2,355
Pretax Income	2,635	-12,210	-2,005	-5,022	-5,033
Income Tax Expense	397	-381	237	31	-743
Earnings From Continuing Operations	2,238	-11,829	-2,242	-5,053	-4,290
Minority Interest in Earnings	-3	12	20	118	88
Net Income	2,235	-11,817	-2,222	-4,935	-4,202
Preferred Dividends & Other Adjustments	346	58	-	-	-
Net Income to Common	1,889	-11,875	-2,222	-4,935	-4,202
Shares Outstanding (Basic)	760	647	606	595	588
Shares Outstanding (Diluted)	762	647	606	595	588
Shares Change (YoY)	17.84%	6.78%	1.83%	1.24%	3.27%
EPS (Basic)	2.49	-18.36	-3.67	-8.30	-7.15
EPS (Diluted)	2.48	-18.36	-3.67	-8.30	-7.15
Free Cash Flow	-1,877	-14,310	4,433	2,290	-4,396
Free Cash Flow Per Share	-2.46	-22.12	7.32	3.85	-7.48
Gross Margin	4.83%	-2.61%	11.23%	7.93%	8.68%
Operating Margin	-5.80%	-15.06%	1.00%	-1.23%	-0.76%
Profit Margin	2.11%	-17.85%	-2.86%	-7.41%	-6.75%
Free Cash Flow Margin	-2.10%	-21.51%	5.70%	3.44%	-7.06%
EBITDA	-3,238	-8,183	2,641	1,162	1,671
EBITDA Margin	-3.62%	-12.30%	3.40%	1.74%	2.68%
D&A For EBITDA	1,953	1,836	1,861	1,979	2,144
EBIT	-5,191	-10,019	780	-817	-473
EBIT Margin	-5.80%	-15.06%	1.00%	-1.23%	-0.76%
Effective Tax Rate	15.07%	-	-	-	-
Revenue as Reported	89,463	66,517	77,794	66,608	62,286

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.