Income StatementBalance SheetCash FlowSegments
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Boeing Business Segments

Business, geographic, and product segment breakdowns

Boeing generates $92.2B in annual revenue across 3 key segments: Commercial Airplanes (1.8), Defense, Space & Security (1.7), and Global Services (1.5). The company-wide operating margin is 4.63%. Based on the Q1 2026 filing.

Commercial Airplanes (TTM)175.0%Defense, Space & Security (TTM)174.25%Global Services (TTM)150.5%
Latest FilingQ1 2026
Report Date2026-04-22
Market Cap$172.65B
P/E Ratio76.13
ROE170.4%

Products & Services

MetricQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Total revenues$3.3B$3.3B$3.3B$3.3B—$3.2B
Cost of Product and Service Sold$2.8B$2.8B$2.8B$2.7B—$2.6B

Geographic

MetricQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Revenue from Contract with Customer, Excluding Assessed Tax$7.7B$7.7B$7.7B$5.7B—$7.2B

Business Segments

Total Assets

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Commercial Airplanes——$84.2B—$91.8B$94.3B
Defense, Space & Security——$15.4B—$16.7B$17.5B
Global Services——$16.7B—$16.0B$15.6B

CapEx

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Commercial Airplanes$127.0M$127.0M$127.0M$106.0M—$175.0M
Defense, Space & Security$74.0M$74.0M$74.0M$54.0M—$82.0M
Global Services$53.0M$53.0M$53.0M$26.0M—$24.0M

D&A

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Commercial Airplanes$100.0M$100.0M$100.0M$101.0M—$190.0M
Global Services$76.0M$76.0M$76.0M$73.0M—$69.0M
Defense, Space & Security$52.3M$52.3M$52.3M$50.0M—$60.0M

Depreciation and amortization expense, business segment allocation

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Commercial Airplanes$84.8M$84.8M$84.8M$82.0M—$105.0M
Defense, Space & Security$72.3M$72.3M$72.3M$68.0M—$66.0M
Global Services$19.3M$19.3M$19.3M$19.0M—$17.0M

Earnings from operations

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Global Services———$943.0M—$971.0M
Commercial Airplanes-$2.0B-$2.0B-$2.0B-$537.0M—-$563.0M
Defense, Space & Security———$155.0M—$233.0M

Other segment items

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Commercial Airplanes$7.1B$7.1B$7.1B$8.2B—$9.2B
Defense, Space & Security$7.1B$7.1B$7.1B$5.9B—$7.2B
Global Services$4.1B$4.1B$4.1B$4.1B—$4.4B

Research and development expense, net

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Commercial Airplanes$596.5M$596.5M$596.5M$534.0M—$603.0M
Defense, Space & Security$229.3M$229.3M$229.3M$199.0M—$174.0M
Global Services$33.0M$33.0M$33.0M$29.0M—$22.0M

Revenue from contract with customer, excluding assessed tax, percentage

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Commercial Airplanes25.0%25.0%25.0%100.0%—100.0%
Defense, Space & Security24.8%24.8%24.8%100.0%—100.0%
Global Services21.5%21.5%21.5%86.0%—86.0%

Total revenues

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Commercial Airplanes$5.7B$5.7B$5.7B$8.1B—$9.2B
Defense, Space & Security$6.0B$6.0B$6.0B$6.3B—$7.6B
Global Services$5.0B$5.0B$5.0B$5.1B—$5.4B

Goodwill

SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q4 '25Q1 '26
Defense, Space & Security——$3.2B—$3.2B$1.3B