Revenue: $16.57 billion, down 8% YoY from $18.09 billion in Q1 2023, reflecting the impact of lower 737 deliveries.
Gross Profit: $1.88 billion, yielding a gross margin of 11.3%, a decrease from 12.5% in Q1 2023.
Operating Income: $(86) million, significantly lower than the $253 million recorded in Q1 2023, with an operating margin of -0.5%.
Net Income: $(343) million or EPS of $(0.56), an increase in loss compared to $(414) million in Q1 2023. This reflects an EPS improvement from $(0.69).
Free Cash Flow: $(3.9) billion, a higher usage than Q1 2023 but in line with management expectations, indicative of investment in quality and production ramp-up initiatives.
Cash Position: Ending cash and equivalents at $6.91 billion, down from $12.69 billion at the end of the previous year, highlighting significant cash burn but maintaining adequate liquidity for operations.