What is Boeing's R&D?

Boeing (BA) reported R&D of $903M in Q1 2026.

How has Boeing's R&D changed year-over-year?

Boeing's R&D increased by 7.0% year-over-year, from $844M to $903M.

What is the long-term trend for Boeing's R&D?

Over 4 years (2021 to 2025), Boeing's R&D has grown at a 12.6% compound annual growth rate (CAGR), from $2.25B to $3.62B.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Boeing BA R&D

R&D at other companies

AstronicsATRO

$12.09M+9.2%

Frequency ElectronicsFEIM

$1.76M+22.8%

Raytheon TechnologiesRTX

$627M-1.6%

TextronTXT

$120M-9.1%

ViasatVSAT

$41.52M+23.1%

Kratos Defense & Security SolutionsKTOS

$10.7M+7.0%

Segments

By segment

See full

Commercial Airplanes$603M+12.9%

Defense, Space & Security$174M-12.6%

Global Services$22M-24.1%

Other financials

Income statement

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Revenue$22.2B+14.0%

Gross profit$2.5B+5.3%

Operating income$448.0M-2.8%

Net income-$4.0M+89.2%

EPS (diluted)-$0.11+31.3%

Balance sheet

See full

Cash & equivalents$9.4B-6.9%

Total debt$56.6B+0.7%

Total equity$6.0B+280%

Total assets$164.79B+5.3%

Cash flow

See full

Operating cash flow-$179.0M+88.9%

CapEx$1.3B+89.2%

Free cash flow-$1.5B+36.5%

Valuation

See full

Market cap$171.94B+14.7%

P/E75.8×—

P/S1.9×-0.3×

Profitability

See full

Gross margin4.8%+3.7pp

Operating margin4.6%+2.6pp

Net margin2.5%+1.3pp

FCF margin-11.3%+15.2pp

Returns & leverage

See full

Return on equity1,504.4%—

Debt / equity10.4×—

Current ratio1.2×-0.1×

Where this comes from

Reported directly by Boeing in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Boeing (BA) reported R&D of $903M in Q1 2026.
How has Boeing's R&D changed year-over-year?: Boeing's R&D increased by 7.0% year-over-year, from $844M to $903M.
What is the long-term trend for Boeing's R&D?: Over 4 years (2021 to 2025), Boeing's R&D has grown at a 12.6% compound annual growth rate (CAGR), from $2.25B to $3.62B.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.