Company: BA
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000012927-25-000062
Chunk: 1

Company: BOEING CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 2
Chunk 1
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PEarnings/(loss) from operations$285 ($1,176)($176)($1,090)Operating margins0.7 %(3.5)%(0.8)%(6.5)%Effective income tax rate(32.6)%5.2 %(9.1)%5.0 %Net loss attributable to Boeing shareholders($648)($1,782)($611)($1,439)Diluted loss per share($1.09)($2.90)($0.92)($2.33)Non-GAAP (1)Core operating loss($234)($1,780)($433)($1,392)Core operating margins(0.6)%(5.3)%(1.9)%(8.3)%Core loss per share($1.73)($4.04)($1.24)($2.90)

(1)These measures exclude certain components of pension and other postretirement benefit expense. See pages 53-54 for important information about these non-GAAP measures and reconciliations to the most directly comparable GAAP measures.

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Table of Contents

Revenues

The following table summarizes Revenues:

(Dollars in millions)Six months ended June 30Three months ended June 302025202420252024Commercial Airplanes$19,021 $10,656 $10,874 $6,003 Defense, Space & Security12,915 12,971 6,617 6,021 Global Services10,344 9,934 5,281 4,889 Unallocated items, eliminations and other(35)(126)(23)(47)Total$42,245 $33,435 $22,749 $16,866 

Revenues for the six months ended June 30, 2025, increased by $8,810 million compared with the same period in 2024 primarily driven by higher revenues at Commercial Airplanes (BCA). BCA revenues increased by $8,365 million primarily due to higher deliveries.

Revenues for the three months ended June 30, 2025, increased by $5,883 million compared with the same period in 2024 primarily driven by higher revenues at BCA. BCA revenues increased by $4,871 million primarily due to higher deliveries.

Earnings/(loss) from Operations

The following table summarizes Earnings/(loss) from operations:

(Doll