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Boeing BA Gross margin

Gross margin at other companies

AAR Corp logo
AAR CorpAIR
18.8%-0.2pp
Astronics logo
AstronicsATRO
30.7%+2.1pp
Ducommun logo
DucommunDCO
27%+1.5pp
Frequency Electronics logo
Frequency ElectronicsFEIM
29.1%-14.0pp
L3Harris Technologies logo
L3Harris TechnologiesLHX
25.6%-0.3pp
Lockheed Martin logo
Lockheed MartinLMT
11.8%+3.6pp

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$170.83B+1.6%
Enterprise value$209.49B-2.3%
P/E70.2×
P/S1.8×-0.4×

Profitability

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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

Calculated from Boeing’s reported figures.

Based on trailing twelve months.

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

Filed
Jul 28, 2026, 1:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050038

FAQ

What is Boeing's gross margin?
Boeing (BA) reported gross margin of 4.7% in Q2 2026.
How has Boeing's gross margin changed year-over-year?
Boeing's gross margin increased by 1544.2% year-over-year, from -0.3% to 4.7%.
What is the long-term trend for Boeing's gross margin?
Over 4 years (2020 to 2025), Boeing's gross margin has grown at a -16.3% compound annual growth rate (CAGR), from -9.8% to 4.8%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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