Company: BA
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001628280-25-047023
Chunk: 95

Company: BOEING CO
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 95
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 commercial jet aircraft principally to the commercial airline industry worldwide. Revenue on commercial aircraft contracts is recognized at the point in time when an aircraft is completed and accepted by the customer.BDS engages in the research, development, production and modification of the following products and related services: manned and unmanned military aircraft and weapons systems, surveillance and engagement, strategic defense and intelligence systems, satellite systems and space exploration. BDS revenue is generally recognized over the contract term (over time) as costs are incurred.BGS provides parts, maintenance, modifications, logistics support, training, data analytics and information-based services to commercial and government customers worldwide. BGS segment revenue and costs include certain products and services provided to other segments. Revenue on commercial spare parts contracts is recognized at the point in time when a spare part is delivered to the customer. Revenue on other contracts is generally recognized over the contract term (over time) as costs are incurred.The primary profitability measurement used by our chief operating decision maker to review segment operating results is Segment operating loss. The following tables reconcile segment Revenues to Segment operating loss:BCABDSBGSFor the nine months ended September 30,202520242025202420252024Revenues$30,115 $18,099 $19,817 $18,507 $15,714 $14,835 Less:Research and development expense, net1,657 1,852 618 728 91 103 Other segment items(1)34,905 22,126 18,820 20,925 12,693 12,112 Segment operating (loss)/earnings($6,447)($5,879)$379 ($3,146)$2,930 $2,620 For the three months ended September 30,202520242025202420252024Revenues$11,094 $7,443 $6,902 $5,536 $5,370 $4,901 Less:Research and development expense, net565 779 198 234 32 36 Other segment items(1)15,882 10,685 6,590 7,686 4,400 4,031 Segment operating (loss)/earnings($5,353)($4,021)$114 ($2,384)$938 $834 (1)    Primarily includes costs of products and services and general and administrative expenses.The following tables present BCA, BDS and BGS revenues