Company: BA
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000012927-25-000062
Chunk: 118

Company: BOEING CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 3
Chunk 118
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 for the three months ended June 30, 2025, compared with the same period in 2024 primarily due to higher deliveries across all programs.

Commercial airplane deliveries, including intercompany deliveries, were as follows:

737 *767 *777 787 TotalDeliveries during the first six months of 2025209 (3)14 (7)20 37 280 Deliveries during the first six months of 2024137 (2)9 (5)7 22 175 Deliveries during the second quarter of 2025104 (2)9 (4)13 24 150 Deliveries during the second quarter of 202470 (1)6 (3)7 9 92 Cumulative deliveries as of 6/30/20259,002 1,335 1,761 1,198 Cumulative deliveries as of 12/31/20248,793 1,321 1,741 1,161 

* Intercompany deliveries identified by parentheses.

Loss From Operations

BCA loss from operations was $1,094 million for the six months ended June 30, 2025, compared with $1,858 million in the same period in 2024 reflecting higher deliveries, the absence of 737-9 customer considerations and lower abnormal costs partially offset by lower program margins. BCA loss from operations was $557 million for the three months ended June 30, 2025, compared with $715 million in the same period in 2024 reflecting higher deliveries and lower period expenses, partially offset by lower program margins.

Backlog

Our total backlog represents the estimated transaction prices on unsatisfied and partially satisfied performance obligations to our customers where we believe it is probable that we will collect the consideration due and where no contingencies remain before we and the customer are required to perform. Backlog does not include prospective orders where customer-controlled contingencies remain, such as the customer receiving approval from its board of directors, shareholders or government or completing financing arrangements. All such contingencies must be satisfied or have expired prior to recording a new firm order even if satisfying such conditions is highly probable. Backlog excludes options and customer financing orders as well as orders where customers have the unilateral right to terminate. A number of our customers may have contractual remedies, including rights to reject individual airplane deliveries if the actual delivery date is significantly later than the contractual delivery date. We address customer claims and