FINHUB Insights

BA · Q1 FY25 · Jan 1 – Mar 31, 2025

Boeing Q1 FY25: where the revenue came from and where it went

Boeing Q1 FY25: revenue $19.5B (+18% year over year). Net profit $-0.04B. Largest cohort Commercial airplanes $8.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
Apr 23, 2025 10-Q
Sankey diagram of Boeing's income statement for Q1 FY25: revenue of $19.50 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

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

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear 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−17.0888%
Gross profit2.4212% margin+1pp
R&D−0.844%−1pp
G&A−1.116%−1pp
Operating profit0.462% margin+3pp
Tax−0.11
Interest & other costs−0.39
Net profit-0.040%+2pp

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.