What is Boeing's global services — capex?

Boeing (BA) reported global services — capex of $24M in Q1 2026.

How has Boeing's global services — capex changed year-over-year?

Boeing's global services — capex decreased by 7.7% year-over-year, from $26M to $24M.

What does global services — capex mean?

Represents the cash outflows used by the Global Services segment to acquire, upgrade, and maintain physical assets such as property, plants, and equipment. This metric reflects the segment's investment in long-term infrastructure required to support aftermarket aviation services and maintenance operations. It is a key indicator of the segment's commitment to capacity expansion and operational modernization.

Boeing BA Global Services — CapEx

Other segment segments

Commercial Airplanes

$175M+65.1%

Defense, Space & Security

$82M+51.9%

Similar metrics at other companies

AMATApplied Global Services — CapEx

$14M-26.3%

DXPESupply Chain Services — CapEx

$0—

DXPEService Center — CapEx

$1.72M-15.5%

KGSContract Services — CapEx

$118.37M+52.6%

LINEGlobal Integrated Solutions — Total capital expenditures for property, plant, and equipment

$3M+50.0%

VTOLGovernment Services — Total capital expenditures

$7.29M-74.4%

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 global services — capex?: Boeing (BA) reported global services — capex of $24M in Q1 2026.
How has Boeing's global services — capex changed year-over-year?: Boeing's global services — capex decreased by 7.7% year-over-year, from $26M to $24M.
What does global services — capex mean?: Represents the cash outflows used by the Global Services segment to acquire, upgrade, and maintain physical assets such as property, plants, and equipment. This metric reflects the segment's investment in long-term infrastructure required to support aftermarket aviation services and maintenance operations. It is a key indicator of the segment's commitment to capacity expansion and operational modernization.