Company: BA
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000012927-25-000062
Chunk: 8

Company: BOEING CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 2
Chunk 8
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 productivity and adversely impacted our financial position, results of operations and cash flows. During 2024, we recorded a reach-forward loss of $1,770 million on the T-7A Red Hawk program that was primarily driven by projected increases in supplier cost estimates. In addition, we recorded losses on the KC-46A Tanker and Commercial Crew programs during 2024 that were partially attributable to higher supplier costs.

44

Segment Results of Operations and Financial Condition

Commercial Airplanes

Results of Operations

(Dollars in millions)Six months ended June 30Three months ended June 302025202420252024Revenues$19,021$10,656$10,874 $6,003 Loss from operations($1,094)($1,858)($557)($715)Operating margins(5.8)%(17.4)%(5.1)%(11.9)%

Revenues

BCA revenues increased by $8,365 million for the six months ended June 30, 2025, compared with the same period in 2024 primarily due to higher deliveries across all programs and the absence of 737-9 customer considerations. BCA revenues increased by $4,871 million 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