Boeing Co. (NYSE:BA) Narrows Losses, Beats Revenue Estimates in Q2 2025
The aerospace giant reported second-quarter results that surpassed analyst expectations, signaling progress in its ongoing turnaround efforts. Revenue climbed to $22.75 billion, a 34.9% year-over-year increase and above the consensus estimate of $22.5 billion. The company’s non-GAAP loss per share of $1.24 was narrower than the anticipated $1.52, reflecting improved operational performance and cost management.
Key Takeaways from Boeing’s Q2 Earnings
- Revenue Beat: Sales of $22.75 billion exceeded estimates, driven by higher commercial aircraft deliveries, including 150 commercial jets in the quarter.
- Smaller-Than-Expected Loss: The adjusted loss of $1.24 per share was 5.5% better than Wall Street’s projections.
- Cash Flow Improvement: Free cash outflow slowed significantly to $200 million, down from larger outflows in previous quarters, indicating better working capital management.
- 737 Production Stabilizes: Output reached 38 jets per month, a sign of recovery after years of disruptions tied to the 737 MAX crisis.
Market Reaction
Shares of Boeing rose modestly in pre-market trading, up 0.66%, as investors responded positively to the earnings beat and signs of financial stabilization. Over the past month, the stock has gained 10.2%, reflecting growing confidence in CEO Kelly Ortberg’s restructuring efforts. The company’s ability to reduce cash burn and ramp up deliveries appears to be easing concerns about its long-term recovery.
Looking Ahead
Analysts estimate full-year 2025 revenue at $87.35 billion, with a projected loss of $1.81 per share. For Q3, expectations stand at $21.87 billion in sales and a narrower loss of $0.29 per share. Boeing did not provide formal guidance, but management emphasized operational stability and continued focus on safety and quality improvements.
Press Release Highlights
- Commercial Aircraft Strength: The Commercial Airplanes (BCA) segment saw revenue growth due to increased 737 MAX deliveries.
- Defense & Services Stability: The Defense, Space & Security (BDS) and Global Services (BGS) segments contributed to overall performance, though margins remain under pressure.
- Leadership Commentary: CEO Kelly Ortberg highlighted "more stability in our operations" as the company works through its recovery plan.
For a deeper dive into Boeing’s earnings and future estimates, see the full earnings breakdown here.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
