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Boeing Company 10-Q Filings

BA NYSE

Every 10-Q that Boeing Company (BA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow BA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BA filings page.

Rhea-AI Summary

The Boeing Company reported higher revenue of 46,777 (Dollars in millions) for the six months ended June 30, 2026, up from 42,245, with second‑quarter revenue of 24,560 versus 22,749 a year earlier. Despite this growth, it recorded a net loss attributable to shareholders of 448 (Dollars in millions) for the first half and 444 for the quarter, with diluted loss per share of ($0.79) and ($0.67), respectively. GAAP earnings from operations improved to 604 for the first half and 156 for the quarter, while company-defined core operating earnings (non‑GAAP) rose to 294 and 1, from losses in 2025.

Operating cash flow strengthened markedly, with net cash provided by operating activities of 1,185 (Dollars in millions) versus a use of (1,389) in the prior-year period, aided by higher advances and progress billings. Boeing repaid 8,376 of debt in the first half, leaving long‑term debt of 41,335 and short‑term debt of 4,565 at June 30, 2026. Cash and cash equivalents were 7,239 and short‑term and other investments 12,783.

Boeing continues integrating the Spirit AeroSystems acquisition, with total consideration of 8,389 and provisional goodwill of 10,278 assigned to Commercial Airplanes. Backlog was substantial at 715,261. The company increased environmental remediation liabilities to 971 and product warranty liabilities to 3,273, and recorded an additional 280 reach‑forward loss on the VC‑25B Presidential Aircraft program. Fixed‑price development programs such as KC‑46A, MQ‑25, T‑7A and Commercial Crew, as well as ongoing legal matters related to 737 MAX accidents and a 2024 737‑9 incident, remain key risk areas.

Rhea-AI Summary

Boeing reported a small Q1 2026 loss despite higher revenue. Total revenues rose to $22,217 million from $19,496 million, driven mainly by growth at Commercial Airplanes and Defense, Space & Security. GAAP earnings from operations were $448 million, but net loss attributable to shareholders was $4 million, or ($0.11) diluted loss per share.

Profitability and cash flow remain pressured. Core operating earnings (which exclude pension/postretirement service cost adjustments) improved to $293 million from $199 million, yet operating margin was only 2.0% and core margin 1.3%. Operating cash flow was an outflow of $179 million, a major improvement from ($1,616 million) a year earlier. Cash and cash equivalents ended at $9,441 million, while total debt carrying value was $46,962 million.

Strategic moves and backlog shape the longer-term picture. Boeing is integrating its $8,389 million Spirit AeroSystems acquisition, with preliminary goodwill of $10,360 million largely assigned to Commercial Airplanes. Company-wide backlog reached $694,709 million, with about 24% expected to convert to revenue through 2027 and 65% through 2030, though management highlights risks from development and certification delays.

Rhea-AI Summary

The Boeing Company filed its Q3 2025 Form 10-Q, reporting quarterly revenues of $23.27 billion and a net loss of $5.34 billion. For the first nine months, revenue reached $65.52 billion with a net loss of $5.98 billion, reflecting continued pressure in Commercial Airplanes and large program charges.

Results included a $4.90 billion reach-forward loss on the 777X program, while Defense posted positive operating income and Global Services remained profitable. Operating cash use improved to $266 million for the nine months, a significant recovery from the prior year period. Cash and cash equivalents were $6.17 billion, and inventories declined to $82.43 billion.

Boeing advanced portfolio actions: it agreed to sell Digital Aviation Solutions for $10.55 billion and continues the all-stock Spirit AeroSystems acquisition with an exchange ratio range of 0.18–0.25; the Outside Date is currently December 31, 2025. As of October 22, 2025, common shares outstanding were 760,095,468.

Rhea-AI Summary

Boeing’s Q2-25 Form 10-Q shows strong revenue recovery and a smaller loss, yet core aircraft manufacturing is still loss-making.

Six-month revenue climbed 26% YoY to $42.2 bn and Q2 revenue 35% to $22.7 bn, led by higher 737/787 deliveries plus steady Defense and Services. Net loss improved to $643 m from $1.79 bn (LPS -$1.09 vs -$2.90). Q2 loss was -$612 m versus -$1.44 bn.

Operating cash outflow shrank to -$1.4 bn (-$7.3 bn PY). Cash fell to $7.1 bn, but short-term investments rose; total immediate liquidity ~ $22.9 bn. Long-term debt was cut to $44.6 bn (-$8 bn YTD) while short-term debt rose to $8.7 bn as maturities roll forward.

Segment EBIT: Commercial Airplanes -$1.09 bn; Defense +$265 m; Global Services +$1.99 bn. Catch-up adjustments on long-term defense contracts reduced revenue $306 m and EBIT $338 m.

Strategic actions: all-stock acquisition of Spirit AeroSystems (equity value $4.7 bn) advancing toward a 30-Sep-25 outside date; $10.55 bn sale of Digital Aviation Solutions reclassified as held-for-sale assets, closing expected 2025.

Shareholder deficit narrowed to -$3.30 bn. Key program risks (KC-46A, T-7A, VC-25B, 737-9 concessions) and $3.2 bn of warranty & environmental liabilities persist. No forward guidance was issued.