Company: BA
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000012927-25-000062
Chunk: 102

Company: BOEING CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 3
Chunk 102
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 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 earnings/(loss). The following tables reconcile segment Revenues to Segment operating earnings/(loss):BCABDSBGSFor the six months ended June 30,202520242025202420252024Revenues$19,021 $10,656 $12,915 $12,971 $10,344 $9,934 Less:Research and development expense, net1,092 1,073 420 494 59 67 Other segment items(1)19,023 11,441 12,230 13,239 8,293 8,081 Segment operating earnings/(loss)($1,094)($1,858)$265 ($762)$1,992 $1,786 For the three months ended June 30,202520242025202420252024Revenues$10,874 $6,003 $6,617 $6,021 $5,281 $4,889 Less:Research and development expense, net558 555 221 259 30 41 Other segment items(1)10,873 6,163 6,286 6,675 4,202 3,978 Segment operating (loss)/earnings($557)($715)$110 ($913)$1,049 $870 (1)    Primarily includes costs of products and services and general and administrative expenses.The following tables present BCA, BDS and BGS revenues from contracts with customers disaggregated in a number of ways, such as geographic location, contract type and the method of revenue recognition. We believe these best depict how the nature, amount, timing and uncertainty of our revenues and cash flows are affected by economic factors.

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BCA revenues by customer location consisted of the following:(Dollars in millions)Six months ended June 30Three months ended June 302025202420252024Revenue from contracts with customers:Europe$1,498 $1,547 $990 $777 Asia5,379 4,393 2,422 2,280 Middle East1,760 1,174 1,277 406 Other non-U.S.1,188 754 799 344