Company: BA
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000012927-25-000062
Chunk: 27

Company: BOEING CO
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 27
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Item 1. Financial Statements

The Boeing Company and Subsidiaries

Condensed Consolidated Statements of Operations

(Unaudited)

(Dollars in millions, except per share data)Six months ended June 30Three months ended June 302025202420252024Sales of products$35,269 $26,792 $19,122 $13,524 Sales of services6,976 6,643 3,627 3,342 Total revenues42,245 33,435 22,749 16,866 Cost of products(31,785)(24,971)(17,406)(12,907)Cost of services(5,608)(5,359)(2,908)(2,730)Total costs and expenses(37,393)(30,330)(20,314)(15,637)4,852 3,105 2,435 1,229 Income from operating investments, net28 74 25 7 General and administrative expense(2,905)(2,538)(1,793)(1,377)Research and development expense, net(1,754)(1,822)(910)(954)Gain on dispositions, net64 5 67 5 Earnings/(loss) from operations285 (1,176)(176)(1,090)Other income, net648 525 325 248 Interest and debt expense(1,418)(1,242)(710)(673)Loss before income taxes(485)(1,893)(561)(1,515)Income tax (expense)/benefit(158)99 (51)76 Net loss(643)(1,794)(612)(1,439)Less: net earnings/(loss) attributable to noncontrolling interest5 (12)(1)Net loss attributable to Boeing shareholders(648)(1,782)(611)(1,439)Less: Mandatory convertible preferred stock dividends accumulated during the period172  86 Net loss attributable to Boeing common shareholders($820)($1,782)($697)($1,439)Basic loss per share($1.09)($2.90)($0.92)($2.33)Diluted loss per share($1.09)($2.90)($0.92)($2.33)

See Notes to the Condensed Consolidated Financial Statements.

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The Boeing Company and Subsidiaries