What is Boeing's commercial airplanes — capex?

Boeing (BA) reported commercial airplanes — capex of $175M in Q1 2026.

How has Boeing's commercial airplanes — capex changed year-over-year?

Boeing's commercial airplanes — capex increased by 65.1% year-over-year, from $106M to $175M.

What does commercial airplanes — capex mean?

The funds used by the commercial airplanes segment to acquire, upgrade, and maintain physical assets such as factories, machinery, and tooling. This reflects the company's investment in production capacity.

Boeing BA Commercial Airplanes — CapEx

Other segment segments

Defense, Space & Security

$82M+51.9%

Global Services

$24M-7.7%

Similar metrics at other companies

AIR

AIRTCommercial Aircraft, Engines and Parts — CapEx

$71K-29.7%

DALAirline — CapEx

$1.44B+20.2%

TDGAirframe — CapEx

$35M+40.0%

UALCapEx

-$4.69B-464%

MOG.BCommercial Aircraft — Segment Reporting, Long-Lived Asset, Expenditure for Addition

$5.56M+22.5%

CWAerospace & Industrial — CapEx

$6.96M+11.3%

Other financials

Income statement

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Revenue$24.6B+8.0%

Gross profit$2.5B+5.3%

Operating income$156.0M+189%

Net income-$444.0M+27.3%

EPS (diluted)-$0.67+27.2%

Balance sheet

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Cash & equivalents$7.2B+2.1%

Total debt$56.6B+0.7%

Total equity$6.1B+285%

Total assets$165.87B+6.9%

Cash flow

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Operating cash flow$1.4B—

CapEx$733.0M+71.7%

Free cash flow$631.0M+416%

Valuation

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Market cap$165.17B-7.3%

P/E67.8×—

P/S1.8×-0.6×

Profitability

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Gross margin4.8%+3.7pp

Operating margin4.9%+2.9pp

Net margin2.6%+1.4pp

FCF margin-11.3%+15.2pp

Returns & leverage

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Return on equity1,504.4%—

Debt / equity10.4×—

Current ratio1.1×-0.1×

Where this comes from

Reported directly by Boeing in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Boeing’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Boeing's commercial airplanes — capex?: Boeing (BA) reported commercial airplanes — capex of $175M in Q1 2026.
How has Boeing's commercial airplanes — capex changed year-over-year?: Boeing's commercial airplanes — capex increased by 65.1% year-over-year, from $106M to $175M.
What does commercial airplanes — capex mean?: The funds used by the commercial airplanes segment to acquire, upgrade, and maintain physical assets such as factories, machinery, and tooling. This reflects the company's investment in production capacity.