Boeing Reports $23.3 Billion Revenue in Q3 2025

By Philip Seaworth • Wednesday, October 29 10:45 • Permanent Link

Boeing's third-quarter 2025 results reflect a notable improvement in its financial performance compared to the same period in 2024. The company reported a significant increase in revenue, reaching $23.3 billion, marking a 30% rise from the previous year. This growth is attributed primarily to higher commercial deliveries, with 160 commercial airplanes delivered during the quarter.

However, the company also incurred a pre-tax earnings charge of $4.9 billion associated with the updated 777x certification timing, leading to a GAAP loss from operations of $4.8 billion. This is a notable improvement from the GAAP loss from operations of $5.8 billion in the third quarter of 2024.

The operating cash flow for the quarter stood at $1.1 billion, a substantial improvement from the operating cash flow loss of $1.3 billion in the same period last year. Additionally, the free cash flow, a non-GAAP measure, reached $0.2 billion, a significant turnaround from the free cash flow loss of $2.0 billion in the third quarter of 2024.

Boeing's total company backlog grew to $636 billion, including over 5,900 commercial airplanes, indicating a strong demand for its products and services.

The company's commercial airplanes segment saw a 49% increase in revenue, amounting to $11.1 billion, driven by higher deliveries. Despite a loss from operations of $5.4 billion, the operating margins showed improvement compared to the previous year.

In the defense, space & security segment, Boeing reported a 25% increase in revenue, reaching $6.9 billion, with an operating margin of 1.7%, showcasing stabilizing operational performance and higher volume compared to the third quarter of 2024.

Furthermore, the global services segment achieved a 10% increase in revenue, amounting to $5.4 billion, driven by higher volume, and reported an operating margin of 17.5%.

Boeing's cash and investments in marketable securities remained stable at $23.0 billion, and the company maintained access to credit facilities of $10.0 billion, which remained undrawn.

As a result of these announcements, the company's shares have moved 0.15% on the market, and are now trading at a price of $223.33. If you want to know more, read the company's complete 8-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.