Boeing Q1 FY26: 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, 2026
- Reported
- Apr 22, 2026
Revenue$22.22B
+14% year over year
Gross profit$2.55B
11% margin
Operating profit$0.45B
2% margin
Net profit−$<0.01B
0% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 22.22 | 100% | +14% |
| Commercial airplanes | 9.20 | 42% | +13% |
| Boeing defense space | 7.60 | 34% | +21% |
| Global services | 5.37 | 24% | +6% |
| Other and unallocated | 0.05 | 0% | |
| Cost of revenue | −19.67 | 89% | |
| Gross profit | 2.55 | 11% margin | −1pp |
| R&D | −0.90 | 4% | +0pp |
| G&A | −1.20 | 5% | +0pp |
| Operating profit | 0.45 | 2% margin | +0pp |
| Interest & other costs | −0.45 | ||
| Net profit | −<0.01 | 0% margin | +0pp |
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