Boeing (BA) Gross Margin (2009 - 2026)
Boeing's (BA) quarterly Gross Margin came in at 11.46% in Q1 2026, down 94.0% year-on-year from 190.99% in Q1 2025, and up 51.46% on a QoQ basis from 7.57% in Q4 2025.
Boeing (BA) Gross Margin (2009 - 2026) Analysis & Trends
Boeing (BA) has 18 years of Gross Margin data on file, last reported at 11.46% in Q1 2026.
- On a quarterly basis, Gross Margin fell 94.0% year-over-year to 11.46% in Q1 2026; TTM through Mar 2026 was 4.79%, a 688.0% increase from a year earlier, with the FY2025 full-year figure at 4.79%, up 779.0% from the prior year.
- Gross Margin for Q1 2026 stood at 11.46%, up from 7.57% in the prior quarter.
- Over the last five years, Gross Margin for BA reached as high as 12.76% in Q2 2022 and fell as low as 19.66% in Q3 2024.
- Historically, Gross Margin has averaged 4.66% across 5 years, with a median of 9.33% in 2022.
- Across the five-year window, Gross Margin soared 2611 bps in 2022 and plunged 2609 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 9.33% in 2022, then surged by 31 bps to 12.25% in 2023, then tumbled by 185 bps to 10.43% in 2024, then jumped by 173 bps to 7.57% in 2025, then jumped by 51 bps to 11.46% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 11.46% in Q1 2026, 7.57% in Q4 2025, and 10.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 373.53 Bn | 364.18 Bn | -3.10 Bn | -433.85% |
| 2 | Rtx | 295.83 Bn | 287.53 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 167.41 Bn | 146.50 Bn | 2.55 Bn | 11.46% |
| 4 | Lockheed Martin | 134.13 Bn | 130.34 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 114.28 Bn | 111.85 Bn | 854.00 Mn | 36.92% |
| 6 | General Dynamics | 105.37 Bn | 101.67 Bn | 9.09 Bn | 67.40% |
| 7 | Northrop Grumman | 77.99 Bn | 75.68 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 74.44 Bn | 70.56 Bn | 1.51 Bn | 59.39% |
| 9 | L3Harris Technologies | 56.81 Bn | 56.22 Bn | 1.40 Bn | 24.41% |
| 10 | Embraer | 49.54 Bn | 47.58 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.46% |
| Dec 31, 2025 | 7.57% |
| Sep 30, 2025 | -10.21% |
| Jun 30, 2025 | 10.70% |
| Mar 31, 2025 | 12.40% |
| Dec 31, 2024 | -10.43% |
| Sep 30, 2024 | -19.66% |
| Jun 30, 2024 | 7.29% |
| Mar 31, 2024 | 11.32% |
| Dec 31, 2023 | 12.25% |
| Sep 30, 2023 | 6.44% |
| Jun 30, 2023 | 9.82% |
| Mar 31, 2023 | 10.73% |
| Dec 31, 2022 | 9.33% |
| Sep 30, 2022 | -5.11% |
| Jun 30, 2022 | 12.76% |
| Mar 31, 2022 | 2.52% |
| Dec 31, 2021 | -16.78% |
| Sep 30, 2021 | 11.21% |
| Jun 30, 2021 | 14.18% |