Boeing

BA · Industrials · Market cap $173B

Q2 FY26 Apr 1 – Jun 30, 2026 reported Jul 28, 2026

Revenue$24.6B +8% year over year

Gross profit$2.4B

Operating profit$0.2B

Net profit$-0.4B -2% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	24.6	100%	+8%
Commercial Airplanes	11.8	48%	+8%
Boeing Defense Space Security	7.5	30%	+13%
Global Services	5.3	22%	+1%
Cost of revenue	−22.1	90%
Gross profit	2.4	10% margin	−1pp
Research & development	−0.9	4%	+0pp
G&A	−1.4	6%	−2pp
Operating profit	0.2	1% margin	+1pp
Tax	−0.1
Interest & other costs	−0.5
Net profit	-0.4	-2%	+1pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	22.2	100%	+14%
Commercial Airplanes	9.2	41%	+13%
Boeing Defense Space Security	7.6	34%	+21%
Global Services	5.4	24%	+6%
Cost of revenue	−19.7	89%
Gross profit	2.5	11% margin	−1pp
Research & development	−0.9	4%	+0pp
G&A	−1.2	5%	+0pp
Operating profit	0.4	2% margin	+0pp
Interest & other costs	−0.4
Net profit	0	0%	+0pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	23.3	100%	+30%
Commercial Airplanes	11.1	48%	+49%
Boeing Defense Space Security	6.9	30%	+25%
Global Services	5.4	23%	+10%
Cost of revenue	−25.6	110%
Gross profit	-2.4	-10% margin	+9pp
Research & development	−0.9	4%	−3pp
G&A	−1.5	7%	+0pp
Operating profit	-4.8	-21% margin	+12pp
Tax	−0.1
Interest & other costs	−0.4
Net profit	-5.3	-23%	+12pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	22.7	100%	+35%
Commercial Airplanes	10.9	48%	+81%
Boeing Defense Space Security	6.6	29%	+10%
Global Services	5.3	23%	+8%
Cost of revenue	−20.3	89%
Gross profit	2.4	11% margin	+3pp
Research & development	−0.9	4%	−2pp
G&A	−1.7	8%	+0pp
Operating profit	-0.2	-1% margin	+6pp
Tax	−0.1
Interest & other costs	−0.3
Net profit	-0.6	-3%	+6pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	Apr 1 – Jun 30, 2026	Jul 28, 2026	$24.6B	+8%	1%	$-0.4B	-2%
Q1 FY26	Mar 31, 2026	Apr 22, 2026	$22.2B	+14%	2%	$0B	0%
Q3 FY25	Jul 1 – Sep 30, 2025	Oct 29, 2025	$23.3B	+30%	-21%	$-5.3B	-23%
Q2 FY25	Apr 1 – Jun 30, 2025	Jul 29, 2025	$22.7B	+35%	-1%	$-0.6B	-3%