THE BOEING COMPANY (BA) FY2026 Q1 P&L / Income Statement

Revenue by Business Segment

2026-01-01 to 2026-03-31

Swipe to see the full flow
THE BOEING COMPANY (BA) FY2026 Q1 P&L / Income StatementIncome statement for 2026-01-01 through 2026-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETCommercial AirplanesDefense, Space & SecurityGlobal ServicesTotal revenuesRevenue before reconciliation (calculated)Unallocated items, eliminations and otherGross profitTotal costs and expensesEarnings from operationsOperating costs, net of other operating items (calculated)General and administrative expenseResearch and development expense, netGain/(loss) on dispositions, net(Loss)/income from operating investments, netEarnings before income taxesOther income (expense), net (calculated)Net lossIncome tax expenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$22.17 BEarnings from operationsEarnings fromoperations$448.00 MEarnings before income taxesEarnings beforeincome taxes$26.00 MTotal revenuesTotal revenues$22.22 BGross profitGross profit$2.55 BNet lossNet loss−$7.00 MOperating costs, net of other operating items (calculated)Operating costs,net (calculated)$2.10 BCommercial AirplanesCommercial Airplanes$9.20 BIncome tax expenseIncome tax expense$33.00 MTotal costs and expensesCosts and expenses$19.67 BGeneral and administrative expenseGeneral andadministrative expense$1.20 BOther income (expense), net (calculated)Other income,net (calculated)−$422.00 MResearch and development expense, netResearch anddevelopment expense, net$903.00 MDefense, Space & SecurityDefense, Space& Security$7.60 BGain/(loss) on dispositions, netGain/(loss) on dispositions, net−$12.00 MGlobal ServicesGlobal Services$5.37 B(Loss)/income from operating investments, net(Loss)/income fromoperating investments, net$10.00 MUnallocated items, eliminations and otherUnallocated items,eliminations and other$45.00 M
Chart details

THE BOEING COMPANY (BA) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
22,217,000,000 US dollars
Total costs and expenses
19,671,000,000 US dollars
Gross profit
2,546,000,000 US dollars
Operating costs, net of other operating items (calculated)
2,098,000,000 US dollars
Earnings from operations
448,000,000 US dollars
Other income (expense), net (calculated)
negative 422,000,000 US dollars
Earnings before income taxes
26,000,000 US dollars
Income tax expense
33,000,000 US dollars
Net loss
negative 7,000,000 US dollars
Commercial Airplanes
9,203,000,000 US dollars
Defense, Space & Security
7,599,000,000 US dollars
Global Services
5,370,000,000 US dollars
Research and development expense, net
903,000,000 US dollars
General and administrative expense
1,197,000,000 US dollars
(Loss)/income from operating investments, net
10,000,000 US dollars
Gain/(loss) on dispositions, net
negative 12,000,000 US dollars
Revenue before reconciliation (calculated)
22,172,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Unallocated items, eliminations and other
45,000,000 US dollars. Reported reconciliation to consolidated revenue.
Commercial Airplanes costs (calculated)
9,766,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Defense, Space & Security costs (calculated)
7,366,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Global Services costs (calculated)
4,399,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
Reconciling items (calculated)
238,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to THE BOEING COMPANY: −$4.00 M; to noncontrolling interests: −$3.00 M.
THE BOEING COMPANY (BA) FY2026 Q1 Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

11.5%

Gross profit / revenue

Operating margin

2.0%

Operating profit / revenue

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!