Boeing Q1 FY25: where the revenue came from and where it went
The whole income statement of Boeing for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2025
- Reported
- Apr 23, 2025
Revenue$19.50B
+18% year over year
Gross profit$2.42B
12% margin
Operating profit$0.46B
2% margin
Net profit−$0.04B
0% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 19.50 | 100% | +18% |
| Commercial airplanes | 8.15 | 42% | +75% |
| Boeing defense space | 6.30 | 32% | −9% |
| Global services | 5.06 | 26% | +0% |
| Cost of revenue | −17.08 | 88% | |
| Gross profit | 2.42 | 12% margin | +1pp |
| R&D | −0.84 | 4% | −1pp |
| G&A | −1.11 | 6% | −1pp |
| Operating profit | 0.46 | 2% margin | +3pp |
| Interest & other costs | −0.39 | ||
| Tax | −0.11 | ||
| Net profit | −0.04 | 0% margin | +2pp |
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