BA
The Boeing Company
Q1 2025 Report
The Boeing Company (BA) Q1 2025 Financial Results Analysis: Recovery in Progress...
Read full report
Executive Summary
The Boeing Company reported Q2 2024 revenues of $16.87 billion, a slight increase from the previous quarter but a 14.6% decrease year-over-year. The company continued to face challenges with production volumes and quality management as it moves towards its recovery phase post-accident and amid ongoing supply chain adjustments. The net loss for the quarter reached $1.44 billion, translating to earnings per share (EPS) of -$2.33. Management underscored their commitment to transparency and stability, emphasizing the importance of quality improvements. The announcement of the planned acquisition of Spirit AeroSystems is pivotal in this strategy, as Boeing seeks to regain control over its production quality and efficiency.
Key Performance Indicators
Revenue
16.87B
QoQ: 1.79% | YoY:-14.61%
Gross Profit
1.23B
7.29% margin
QoQ: -34.49% | YoY:-36.62%
Operating Income
-1.09B
QoQ: -1 167.44% | YoY:-1 001.01%
Net Income
-1.44B
QoQ: -319.53% | YoY:-865.77%
EPS
-2.33
QoQ: -316.07% | YoY:-832.00%
Revenue Trend
Margin Analysis
Key Insights
**Revenue Performance:** Q2 2024 revenue of $16.87 billion reflects a 1.8% QoQ increase but a notable 14.6% YoY decline, primarily due to lower commercial airplane deliveries. Boeing delivered only 92 airplanes during the quarter compared to higher deliveries in prior years. **Profitability:** Gross profit decreased significantly to $1.23 billion (7.3% gross profit margin), a reduction of 36.6% YoY, reflecting the pressures on operating income, which reported a loss of $1.09 billion. **Cash Flow...