Market capitalisation
?
Share price multiplied by shares outstanding. It does not measure company cash.
Company analysis·BA
Preparing the analysis
We’re preparing the company’s analysis.
NYSE·BA
The Boeing Company
Share price$176.03Price as of: Nov 9, 2026
The Boeing Company (BA) is a company listed on NYSE, classified under Aerospace & Defense.
The Boeing Company designs and manufactures commercial and military aircraft, space and defense systems, and provides support and finance services.
Revenue · FY 2025
?
Sales generated during the period, before costs and expenses.
Net margin · FY 2025
?
Net income as a proportion of revenue.
“Our take” and other explanations are generated with artificial intelligence from the data, without human review of each text. They are descriptive, not recommendations. Learn more
Explore questions
P1 · What does it do and how does it make money?
Of every $100 it takes in,46 come from Commercial Airplanes.
Commercial Airplanes is its largest source of revenue (46.4%), followed by Defense, Space & Security (30.4%). Here you will see what it sells, where, and how that mix is changing.
$89bnrevenue in FY 2025
3business lines with data
54%of sales, in UNITED STATES
Full fiscal year ended Dec 31, 2025
After that close
Q3 2026, ended Sep 30, 2026: total revenue +3.9% against the same quarter a year earlier.
This is the revenue of the whole company. The split by lines and regions on this page is still that of the full fiscal year.01How it makes money
The data does not separate products from services.
Not all revenue behaves the same way. A one-off sale depends on someone buying again; a service is billed again and again while the customer stays.
Its business lines · FY 2025
02Where revenue comes from
One line weighs far more than the rest.
Each rectangle is a business line and its size is the share of revenue it brings in. Select one to see the detail.
Area = share of total revenue for the year. It does not show profit: the company does not report what each line earns.
Segments add up to $0.2bn more than total revenue (consolidation adjustments). Weights use the published total.
What is a segment's weight?
The part of everything the company takes in that comes from that line. If a line weighs 49%, then of every 100 in sales, 49 come from it.
How to read it
The more a line weighs, the more revenue depends on it. A high weight is neither good nor bad by itself: it shows where to look first.
03Where sales come from
It depends on one main market.
UNITED STATES is its largest market, with 53.7% of sales. Each square is a region and its area is what it sells there.
Regions from largest to smallest · FY 2025
Segments add up to $40bn more than total revenue (consolidation adjustments). Weights use the published total.
04How the mix is changing
Global Services is losing weight.
Weight of each part in 2024 and in 2025. A line gains weight when it grows faster than the total.
pp = percentage points: the difference between two percentages (from 25% to 27% is 2 pp).
05Read with care
What we can deduce from the data. And what we cannot.
We can deduceWe cannot conclude
01
With no comparable prior line revenue, we cannot attribute the bulk of the revenue jump to either Commercial Airplanes or Defense, Space & Security.
That the main driver among lines is clear: the breakdown is missing to see if Commercial Airplanes or Defense led.
Our take
FY 2025 growth relies mainly on the US and Asia, but cannot yet be linked to a single division.
- 01Shown by the figures
Growth rests mainly on two regions
While Boeing diversified a bit beyond the US, the bulk of FY 2025 revenue growth came from the US and Asia other than China. Other regions contributed less, despite some growing faster.
- 02Our interpretation
Uneven growth among lines, driver not identified
Global Services grew little yet remains sizeable, meaning the revenue surge must have come from the other two divisions, but we can't say in what proportion. Which line leads growth is unresolved.
What is not proven
Which business line—Commercial Airplanes or Defense, Space & Security—accounted for the big jump in sales?
See the calculations behind it
- United States brings 53.7% of sales (54.4% in FY 2024). The fastest-growing region is Middle East: +51.5% against +34.5% overall.
With data to Nov 4, 2026. Analysis written by a language model from our calculations, which supply every figure. It is not investment advice.
Next step