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Boeing BA Global Services — Research and development expense, net

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Other financials

Income statement

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Revenue$24.6B+8.0%
Gross profit$2.4B-0.9%
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$45.9B-13.9%
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-$1.5B+36.5%

Valuation

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Market cap$189.84B+11.6%
Enterprise value$228.5B+5.6%
P/E78×
P/S-0.2×

Profitability

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Gross margin4.7%+4.4pp
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 / equity7.5×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Boeing in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Boeing’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 1:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050038
For the six months ended June 30,BCA / 2026BCA / 2025BDS / 2026BDS / 2025BGS / 2026BGS / 2025
Other segment items (1)20,63919,02314,49812,2308,7278,293
Segment operating (loss)/earnings($885)($1,094)$218$265$1,939$1,992
For the three months ended June 30,202620252026202520262025
Revenues$11,751$10,874$7,483$6,617$5,344$5,281
Less:
Research and development expense, net5975581922212630
Other segment items(1)11,47610,8737,3066,2864,3504,202
Segment operating (loss)/earnings($322)($557)($15)$110$968$1,049

Item 1. Financial Statements

FAQ

What is Boeing's global services — research and development expense, net?
Boeing (BA) reported global services — research and development expense, net of $26M in Q2 2026.
How has Boeing's global services — research and development expense, net changed year-over-year?
Boeing's global services — research and development expense, net decreased by 13.3% year-over-year, from $30M to $26M.
What does global services — research and development expense, net mean?
Captures the costs incurred by the services segment to develop new service offerings, digital platforms, or maintenance technologies, net of any reimbursements or credits. It reflects the segment's commitment to innovation and long-term competitiveness.

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