Boeing (BA) Gross Margin (2009 - 2026)
Boeing (BA) posted quarterly Gross Margin of 9.83% for Q2 2026, down 87.0% year-over-year from 75.61% in Q2 2025, and down 14.23% quarter-over-quarter from 11.46% in Q1 2026.
Boeing (BA) Gross Margin (2009 - 2026) Analysis & Trends
Boeing (BA) has reported Gross Margin for 18 consecutive years, with 9.83% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 87.0% year-over-year to 9.83%; the TTM figure through Jun 2026 stood at 4.68% (up 500.0% YoY), while the FY2025 annual figure was 4.79%, up 779.0% from the prior year.
- Gross Margin retreated to 9.83% in Q2 2026 per BA's latest filing, from 11.46% in the prior quarter.
- Across five years, Gross Margin topped out at 12.76% in Q2 2022 and bottomed at 19.66% in Q3 2024.
- Historically, Gross Margin has averaged 4.94% across 5 years, with a median of 9.57% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin surged 2611 bps — and 2024, when it slumped 2609 bps.
- Boeing's Gross Margin stood at 9.33% in 2022, then soared by 31 bps to 12.25% in 2023, then tumbled by 185 bps to 10.43% in 2024, then surged by 173 bps to 7.57% in 2025, then increased by 30 bps to 9.83% in 2026.
- Business Quant data shows BA's Gross Margin at 9.83% in Q2 2026, 11.46% in Q1 2026, and 7.57% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 52.07% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 40.09% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 47.94% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 34.21% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 59.39% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 25.54% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 60.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.83% |
| 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% |